Page 3 of Digital Payments

Safexpay, digital payments, innovation, GCC region, contactless payment, investment, value proposition, annual growth, expansion

Safexpay ventures into Saudi Arabia, Qatar, Oman; commits to invest $10 million in GCC region

Safexpay is committed to investing approximately $10 million in the GCC region to ensure the success of its operations. The…

September 21, 2023 16:23 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

UPI paving the way for seamless digital payment experience for foreign travelers

As a relief to the foreign travellers in India, the Reserve Bank of India (RBI) has introduced a policy to…

September 20, 2023 14:00 IST

IndusInd Bank, Virtual Commercial Card, cross border payment, corporates, travel agents, Visa, Juspay, virtual cards, payment experience, banking solutions, customer base

IndusInd Bank launches ‘Virtual Commercial Credit Card’ to allow cross-border payments for corporates and travel agents

Launched as ‘Virtual commercial Credit Card’, this offering is tailored to cater to the distinct requirements of corporates and travel…

September 15, 2023 11:25 IST

Aditya Birla Capital Digital Limited, omni-channel, PhiCommerce, payment infrastructure, payment solutions, payment modes, digitalization, technology architecture

Aditya Birla Capital Digital launches Payment Lounge in collaboration with PhiCommerce

Payment Lounge is an omni-channel, multi-mode collections platform to enable merchants to provide a unified, secure, and faster transaction experience…

September 13, 2023 13:41 IST

Money laundering, financial fraud, Aadhaar eKYC, Digital India, digital payments, credit cards, UPI integrations, digital banking, fraudulent funds, online transactions, due diligence

Merchant payment platform Pine Labs launches QR, card-acceptance device targetting SMEs

Pine Labs said that while most existing PoS devices in India are tailored for debit/credit card customers, the Mini device…

September 4, 2023 11:39 IST

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

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

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‘Social burden not penal burden’: SC’s unprecedented order on Samay Raina, others

India News19 min ago

The Supreme Court has directed comedian Samay Raina and three others to invite disabled individuals to their shows and raise funds for their treatment. They emphasized that this is a social responsibility, not a punishment. The court also addressed the issue of insensitive comments towards disabled people. The comedian had earlier apologized and removed all episodes of the show.

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