Page 3 of Digital Payments

digital payments, online payments, msme payments, merchants, retailers, payworld, small business dues, upi, ussd payments, cross border payments, digital payment settlement, payworld, amit tyagi

How contactless payments are becoming a transformational force for small retailers

The expansion of digital payments in India, as well as the availability of many simple and convenient digital payment alternatives,…

August 15, 2023 11:00 IST

Security, transparency, payment integration key drivers for SMEs in choosing payment provider: Research

Technology for MSMEs: The vast majority – 97 per cent of SMEs – said they were happy with the payment…

July 19, 2023 10:30 IST

Banks’ digital payments frauds nearly double in FY23

While 3,596 frauds amounting to 155 crore using cards and internet banking services were reported in FY22, the volume nearly…

Updated: June 5, 2023 08:11 IST

UPI, digital payment, foreign travelers, cashless economy, tourism sector, cash dependency, local currency, currency exchange, financial tools, foreign cards, financial inclusivity, RBI, G20 summit, KYC process, fintech

PayU, Visa, Yes Bank launch new payment solution for merchants to cut costs, boost cash flow, digitise SMBs

Credit and finance for MSMEs: The programme Business Payment Solution Provider (BPSP) offers flexible commercial offerings, which reduce costs for…

June 1, 2023 23:24 IST

Stick to the knitting

RBI shouldn’t allow payments banks to lend; their licensing terms do not allow that

May 31, 2023 04:30 IST

UPI Lite, UPI 123Pay, transactions, RBI, payments, core banking system, interactive voice response, digital banking, financial inclusion, microfinance, payments ecosystem, rural india

UPI Lite and UPI 123Pay: Key to India’s financial inclusion in rural india

According to the National Payments Corporation of India (NPCI) data, the platform clocked 7.82 billion transactions worth Rs 12.82 trillion…

April 10, 2023 11:29 IST

India’s world class digital infrastructure worth emulating by many nations: IMF Paper

India Stack is the collective name of a set of commonly used digital public infrastructure (DPIs) in India.

Updated: April 6, 2023 15:59 IST

Shaping the future of payments: How disruptive technologies combat digital payment fraud

India is driving the global digital economy and has clocked about 70 billion digital payment transactions in 2022—the highest in…

April 6, 2023 15:26 IST

Affordable phones & data, regulatory push among factors fueling digital payments growth in India

Union minister Ashwini Vaishnaw said that India’s digital payments transactions last year exceeded those of the combined digital payments of…

March 28, 2023 13:45 IST

Sunil Bharti Mittal seeking to buy stake in Vijay Shekhar Sharma's Paytm

Sunil Mittal seeks to buy Paytm stake in a bid to fold Airtel Payments Bank into Paytm Payments Bank

Sunil Mittal seeks to fold Airtel Payments Bank into Paytm Payments Bank in a stocks deal. Bharti Airtel chairman is…

February 24, 2023 21:26 IST

RBI, payment aggregators, Amazon (Pay) India, Online payment, Finance, Industry

RBI publishes list of 54 existing online payment aggregators

All stakeholders are advised to transact with only those existing PAs who have been granted in-principle authorisation or whose application…

February 15, 2023 21:52 IST

digital payment, consumer demand, technology, cashless payment, B2B payments, omnichannel, consumer experience, payment partner, fintech, bank, consumer data

How digital payments fared in 2022 and an outlook for 2023

The use of cashless payment methods has changed how acquirers, payment gateways, processors, and payment service providers (PSP) among others,…

January 19, 2023 13:36 IST

digital payment, incentive, cabinet meeting, BHIM UPI, transaction, Rupay, debit card, financial incentive MSME, e-commerce transactions, GDP

Rs 2600 crore incentive for Rupay, BHIM UPI transactions; Cabinet push for digital payments

The cabinet today approved incentives worth Rs 2600 crore for FY 2022-23 which will be given on the use of…

January 11, 2023 16:11 IST

Rise of Digital Payments in India & the Critical Role of Customer Experience in Choosing Digipay Mediums

To prevent a slowdown in the adoption of digital payments, brands need to ensure complete security, fraud protection, and privacy…

December 25, 2022 11:47 IST

financial technology, fintech, digital payments, online financial frauds, OLX, Craiglist, Facebook, UPI, SMS, email, CVV, OTP, Passwords, PIN

How to protect yourself against online financial frauds?

Rapid growth of financial technology and adoption of digital payments have made people vulnerable and increased the risk of online…

December 23, 2022 21:23 IST

digital transactions, digital payments, buying online, cyber crime, data security, CVV, OTP, PIN, financial payments

Making digital transactions? Here’s how to keep fraudsters at bay

Not only buying things online, but also making payments digitally for offline purchases – mainly through UPI – is gaining…

November 22, 2022 16:39 IST

Recent steps RBI has taken to make online payments safe and quick

Recent RBI steps to make online payments safe and quick

The RBI has recently taken several steps to protect the digital payment ecosystem and provide users with hassle-free services.

November 4, 2022 12:06 IST

Finally, cash loses the king status, first time in 20 years!

Currency circulation in the country declined during the recently concluded Diwali. This has happened for the first time in 20…

November 3, 2022 12:31 IST

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Govt offloads a record 5.6 MT of rice to bulk buyers

Economy36 min ago

The government’s rice stocks have hit a record high of over 47 MT, causing concerns about increasing food subsidy costs. Despite efforts to reduce the stock through various schemes, it remains high due to high procurement and strong crop output. The government aims to offload 6 to 7 MT this fiscal, but the stock may remain high.

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