Latest News on Payment Systems
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Payment Systems - Total results - 65
Feb 04, 2018
Here is a look at the legality or illegality of uses of cryptocurrencies in IndiaWhat this statement indicates is that cryptocurrencies are not a recognized, legal currency and it only limits its uses as legal tender.
Jan 15, 2018
Multiple OnePlus customers claim incidents of fraudulent credit card transactions, after purchasing products from official websiteHackers seemed to have siphoned off credit card details of OnePlus customers and have recently started spending (rather lavishly), swiping away transactions between Rs 15,000 to Rs 1,00,000.
Dec 17, 2017
Government to bear MDR charges on transactions through BHIM UPI or Aadhaar-enabled payment systemsThe merchant discount rate (MDR) will be borne by the government for two years with effect from 1 January 2018 by reimbursing the same to the banks.
Dec 05, 2017
Apple Pay Cash finally rolling out to devices in the US as a part of iOS 11.2 updateApple Pay Cash was announced at WWDC as a payments system that uses iMessage capable devices including iPhones, iPads and the Apple Watch, for P2P payments.
Nov 08, 2017
PayPal launches domestic payments as it expands its India operations; focusses on customers and merchants as wellWhile the list when it comes to PayPal's supported services falls a bit short of what e-wallet competitors have on offer, this is still the very beginning of the payment giant's India leg and there is a lot more to come not just at the consumer end, but for the merchants as well.
Nov 07, 2017
Paytm launches ‘Inbox’ messaging platform with ability to send or request money and share multimedia messagesThe company detailed that this is a new ‘messaging platform’ that will allow Paytm users to interact with family and friends.
Oct 13, 2017
PhonePe receives major investment commitment of $500 million from FlipkartThe commitment is in addition to the USD 75 million infused by Flipkart in PhonePe since the acquisition in 2015, Flipkart said in a statement.
Aug 01, 2017
Government claims that 50 cyber attacks have been reported between 2016 and June 2017A separate research and development fund for cyber security worth Rs 1,000 crore has been created, to be spent over a period of five years.
Jun 03, 2017
LG Electronics launches its own mobile payment system "LG Pay"LG Electronics Inc on Friday launched its own mobile payment tool in the country to compete with "Samsung Pay".
Apr 15, 2017
Bhim Aadhaar payments platform has potential to revolutionise Indian economy, says Narendra Modi"Any citizen without access to smartphone, Internet, debit or credit cards will be able to transact digitally through the BHIM-Aadhaar platform," Modi said.