Page 4 of Payments

BNPL, retail industry, innovation, credit financing, credit scores, festive season, consumer awareness, merchant, POS terminal, EMI, credit demand, credit flow

How BNPL is augmenting the success of India’s retail industry

From big-ticket items to small purchases, Indian consumers are not hesitating to avail card-linked credit financing options at the point…

November 27, 2023 12:09 IST

msme samadhaan, msme dues, unpaid dues, delayed payments, msme ministry, central government, PSUs, ministries, income tax, gem

MSME delayed payments: 19% of 1.6 lakh applications disposed in 5 years since Samadhaan portal launch

According to the data available on the portal, 42,833 applications (26 per cent of total applications) involving Rs 8,200 crore…

November 10, 2023 12:42 IST

game, global alliance for mass entrepreneurship, fisme, msme association, delayed payments, msme compliance, ease of doing business, msme samadhaan, grievance redressal

GAME partners with FISME to address delayed payments, compliance, other growth concerns of MSMEs

From publishing landscape reports to research studies, formulating policy papers, and creating programs that help MSMEs create a base for expansion, the partnership will…

November 8, 2023 11:38 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

delayed payments, msme dues, small business dues, msme delayed payments, bhanu pratap singh verma, monsoon session, mse facilitation councils, samdhaan portal, treds, budget 2023

MSME dues: 7 steps taken by govt to prevent delay in payments, highlights MoS MSME Ministry

While multiple measures have been undertaken by the government to address this issue, a large number of grievances have not…

August 11, 2023 12:31 IST

MSME delayed payments: Only 19% of complaints disposed so far; total applications cross 1.5 lakh

9,699 applications were filed against state governments while 5,801 applications were filed against central PSUs. Central ministries, central departments, state…

August 10, 2023 08:00 IST

aeps, Aadhaar-enabled Payment System, aadhaar, upi, digital payments, pos machines, micro atms, merchants, mnrega, digital financial services, entrepreneurs, spice money

Unlocking financial inclusion: AEPS emerges as UPI for rural India

AEPS aims to offer essential banking services to underbanked rural citizens, eliminating the need for people to travel long distances…

July 24, 2023 09:30 IST

Universalise just-in-time govt payments

It can not only take care of the problem of unspent balances while ensuring in-time payments to beneficiaries of government…

July 14, 2023 06:00 IST

80% jump in delayed payment applications filed by micro, small enterprises in Q1 from year-ago: Govt data

Credit and finance for MSMEs: Even as the number of applications filed recorded a massive jump, the number of applications…

July 6, 2023 14:50 IST

delayed payments, samadhaan portal, msme dashboard, msme dues, small business dues, unpaid dues of msmes, finance ministry, game, d&b, $5 trillion economy

MSME delayed payments: Amount disposed so far crosses Rs 5,000 crore

Credit and finance for MSMEs: Out of Rs 36,221 crore payable to MSEs across 1.47 lakh cases of delayed payments…

June 7, 2023 18:43 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

rbi, cross border payments, BIS, global economy,

Easing cross-border payments

Cross-border payments face challenges that include divergence in anti money-laundering laws, KYC requirements, access rules, and settlement finality rules

May 20, 2023 05:00 IST

delayed payments, samadhaan portal, msme dashboard, msme dues, small business dues, unpaid dues of msmes,

MSME dues: 73% decline seen in YoY disposal of delayed payment applications in FY23

Credit and finance for MSMEs: Overall 29,252 delayed payment applications involving Rs 7,093 crore were filed by MSEs against central…

April 16, 2023 19:05 IST

Delayed payments to MSMEs: How to file online complaint against govt departments, PSUs, other buyers

Credit and finance for MSMEs: Failure to receive payments timely chokes their working capital cycle and hurt competitiveness in domestic…

April 13, 2023 18:57 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

Video: How MSME dues pending with govt departments can be cleared without delay

Credit and finance for MSMEs: To address delayed payment issue faced by MSMEs, the finance minister Nirmala Sitharaman in this…

April 3, 2023 19:28 IST

credit suisse, UBS, bonus payment, payroll arrangements, liquidity provisions, severance, equity component

Credit Suisse tells staff bonuses will still be paid, go to work

“We know that many of you will have been following the intense media coverage over the past 48 hours on…

March 20, 2023 11:29 IST

champions portal, grievance redressal portal, msme complaints, msme champions portal, budget session, parliament, bhanu pratap singh verma

Nearly 60,000 credit, policy-related grievances filed by MSMEs on govt’s Champions portal

Ease of doing business for MSMEs: Champions portal, launched among other measures post Covid, operates a Central Control Room and…

March 19, 2023 13:50 IST

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Explained | Wintrack’s bribe allegations put Indian ports in the dock — CBIC under fire

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Chennai Customs officials are accused of corruption and demanding bribes by Wintrack Inc, a logistics firm. The government denies any wrongdoing and blames the importer for misdeclaration and misclassification. However, the founder of Wintrack Inc, Prawin Ganeshan, stands by the allegations and presents evidence of bribes paid.

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