Bhim

Rajasthan head constable beaten to death by unidentified assailants while investigating land dispute case, probe ongoing

Rajasthan Police has said that so far, no arrest has taken place in the case where Head Constable Gani Mohammad was brutally beaten to death by some unknown miscreants when he was investigating a land dispute in Bhim.

Payments Council says abolishing MDR charges to dry up investment capital; will kill revenue source for industry

Abolishing merchant discount rate (MDR) to facilitate digital transaction in the country will dry up foreign capital investment besides leaving the sector without sources of revenue generation, the Payments Council of India (PCI) said on Tuesday

Google Pay leads the charge in UPI payments with 240 mn transactions in May

Google Pay has consolidated its lead as the top UPI payment app, closely followed by Flipkart-owned PhonePe.

UPI transaction success rate reaches 87 percent in 2019, to improve further: Report

Blames previous decline on connectivity problems and lack of response from banks’ servers.

Worldline India's Digital Payments Report 2018: UPI, Wallets emerge biggest gainers

The growth of UPI is at the expense of wallet transactions but that isn't necessarily a bad thing.

E-commerce revolutionised retail sector, will play major role in India growth story: Niti Aayog CEO Amitabh Kant

Kant noted that driven by the growth in India's retail market, the country's GDP will also witness an increase and result in more job opportunities

Unauthorised surcharging, high MDR charges impeding online payment system, says study

The study done by Ashish Das, a professor of statistics, highlighted that unauthorised surcharging has also burdened the payment system users with huge additional costs.

Digital payments: Lifting cap on ticket size of transactions will speed up sector growth

The trend seems to be accelerating ever since the Reserve Bank of India that regulates the payment industry allowed interoperability among payment service providers sometime ago.

Why Abhijit Bose could be key to WhatsApp's ability to scale up payments biz in India

Bose has been evangelising the idea of how Ezetap could turn any mobile device into a PoS device.

Demonetisation and GST: Raghuram Rajan quick to discern headwinds, but loath to read straws in the wind

Rajan and his ilk alas have missed the wood for the trees. While 8 percent growth is indeed desirable, 7 percent clocked last year is nothing to scoff at.