Digital payments
- Business
Paytm helps users avoid over 1.6 bn trips to ATMs, Delhi-NCR becomes digital payments capital
New Delhi: Delhi-NCR has emerged as India’s digital payments capital whereas Tamil Nadu’s Katpadi is the fastest growing city for digital payments with 7X growth in 2022, One97 Communications Limited (OCL), that…
- World
Elon Musk will let Twitter users make digital payments, earn more
San Francisco: As more advertisers pause spending on Twitter, Elon Musk has shared his digital payments plans with them where users will be able to send money to others like China’s WeChat.…
- Business
Indian e-rupee to boost digital payments sans bank accounts
New Delhi: A central bank digital currency (CBDC) can play a key role in providing access to digital payments without the requirement of a bank account and the access would be facilitated…
- Business
Digital payments firm Stripe lays off 14% of workforce
San Francisco: Global payment processing firm Stripe on Thursday announced to cut over 1,000 jobs, or 14 per cent of its staff. The payment processor cited “stubborn inflation, energy shocks, higher interest…
- Hyderabad
Eid al Fitr: Demand for newly printed currency shoots up in Hyderabad
Hyderabad: Despite the world slowly transitioning to digital payments, the tradition of handing over crisp currency notes to children as ‘eidie’ (gift) is unlikely to get affected. With Eid ul Fitr around…
- Technology
PhonePe says NE took lead in digital transactions in Q1
New Delhi: Digital payment platform PhonePe on Saturday said that the northeastern region has been a big driver of the growth in the company’s digital transactions in the first quarter of 2022.…
- Technology
WhatsApp giving cashback for making digital payments in India
New Delhi: Meta-owned WhatsApp has confirmed that it is running a cash-back campaign in India to drive more users on its digital payments service. The company is giving away Rs 11 cashback…
- Business
RBI extends card tokenisation deadline till June 30
Mumbai: The Reserve Bank of India on Thursday extended card tokenisation deadline by six months till June 30, 2022, from the earlier deadline of December 31, 2021. “The timeline for storing of…
- Technology
Credit card users spent Rs 39,000 cr on digital payments in 2021: Report
Bengaluru: As the adoption of digital payments and wallets grow significantly, credit card users spent more than Rs 39,000 crore on wallets and digital payments, including Rs 7,850 crore on travel alone…
- Technology
WhatsApp adopts 500 Indian villages to promote digital payments
New Delhi: Meta-owned WhatsApp on Wednesday announced its pilot programme of adopting 500 villages across Karnataka and Maharashtra aiming to empower people with access to digital payments through ‘payments on WhatsApp’. The…
- Business
RBI to develop UPI for feature phones to boost digital payments
New Delhi: With an aim to increase the penetration of digital payments, the Reserve Bank of India has decided to develop the UPI platform for feature phones. India has one of the…
- Business
Paytm IPO oversubscribed 1.33 times so far with half a day left
New Delhi: India’s leading digital payments and financial services platform Paytm’s IPO has now been fully subscribed on Day 3 of its bidding. The company is now set to be listed as…
- Technology
Why WhatsApp Payments failed to click in India
New Delhi: Facebook-owned WhatsApp, which kicked off its ambitious peer-to-peer (P2P) digital payments pilot project in India in 2018 with nearly 10 lakh users, has failed to make it a success ever after…
- Technology
PhonePe Pulse unveils interesting trends on digital payments in India
New Delhi: Indias leading digital payments platform PhonePe launched PhonePe Pulse on Monday. This is India’s first interactive website with data, insights and trends on digital payments. This website analyses digital transaction habits…
- Technology
PayU to acquire homegrown BillDesk for $4.7 bn
New Delhi: Global consumer internet group Prosus on Tuesday announced that an agreement has been reached between PayU and the shareholders of the Indian digital payments provider BillDesk to acquire BillDesk for $4.7…
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