Digital payments: A look at how they work, the cost of your transaction and other questions answered
Even though a transaction is mainly a debit and credit between two banks, there are many intermediaries that facilitate these transactions.
Impending COVID-19 third wave, shifting regulatory landscape leave small and micro businesses facing uncertainty
A moratorium during the first wave helped lenders and borrowers at least temporarily ward off financial stress, but this benefit was not available to them in the second wave
Apple App Stores, iTunes now accept payments via UPI, RuPay, Netbanking: How to make payments
iOS users can also add funds to their Apple ID via the new payment methods and buy games, apps, iCloud storage and so on.
Digital payment solution 'e-RUPI' to launched in India: What it means and how it works
Banks including SBI, HDFC, Axis, Punjab National Bank, ICICI Bank and more are live with the e-RUPI digital payment solution.
Prime Minister Narendra Modi to launch digital payment solution e-RUPI on Monday
In its statement, the Prime Minister's Office said e-RUPI is a cashless and contactless instrument for digital payment
What is e-RUPI and how it will change India's digital payment behaviour
e-RUPI is a cashless and contactless instrument for digital payment
Why Mastercard earned RBI ire and what's next for the payment network processor in India
The failure of Mastercard to store data of card transactions done in India within the country itself is in direct violation of India's Personal Data Protection Bill
Majority of Whatsapp users said they will not use payment features, business chat if app shares info with Facebook, third parties: Survey
The survey found that five per cent users have deleted the app, while 22 per cent claimed to have reduced using the mobile messaging platform.
2020 in review: Digital payments policy initiatives in 2020 that could have a lasting impact
Overall, the RBI has shown a welcome range in its focus last year, from financial inclusion, promoting innovation to easing payments in the pandemic.
UPI recorded 2.23 billion transactions worth Rs 4.16 trillion in December 2020 reports NPCI
This is a 1 percent jump in volume and a 6.4 percent surge in value for UPI from November which had seen 2.21 billion transactions worth Rs 3,90,999 crore.
WhatsApp Payment is live for 20 million users in India: Here is how to transfer money
WhatsApp Payment has been launched with support from banking partners including the State Bank of India (SBI), HDFC, ICICI, and Axis Bank.
WhatsApp partners with SBI, ICICI, Axis and HDFC Bank for its payment service in India
WhatsApp payment service is now available for 20 million users including both iOS and Android users in India.
PhonePe raises $700 million in a new funding round led by Walmart, becomes a separate entity
In unnamed funding round, Flipkart backed PhonePe raises fresh funds thereby taking its valuation to $5.5 billion.
Amazon Pay, Paytm, PhonePe and 16 other companies become NPCI shareholders
National Payments Corporation of India brings onboard new members as part of its shareholding party.
What is WhatsApp payment service and how does it work?
WhatsApp will also let you send money to users who have a UPI ID but do not use WhatsApp payments.
WhatsApp payments service gets NPCI nod for roll out in India for upto 20 million users
WhatsApp has been running a pilot service for the last two years but was not given a formal go-ahead because of data localisation requirements.
Google Pay tests NFC-based contact-less card payment feature in India
The service seems to be currently avaialble only on Axis Bank credit/debit and SBI credit cards for a set group of users in India, reports said
PayNearby partners with IndusInd Bank for contactless payments; expands hyperlocal direct to consumer business
PayNearby, a fintech startup has now expanded its hyper local discovery and purchase application ‘BuyNearby’ for pan-India operations with IndusInd Bank
WhatsApp assures SC that it will not go ahead with the payment service without complying with Indian regulations
Earlier, WhatsApp had told the apex court that it is conducting a trial run of its payment service.
Coronavirus Outbreak: Ahmedabad decides to go digital to prevent the spread of the virus through currency
From 15 May, all home deliveries will have to be paid digitally and no cash on delivery will be accepted.