payment
- India
UIDAI unveils Aadhaar-based authentication framework for cooperative banks
New Delhi: The Unique Identification Authority of India (UIDAI) on Thursday rolled out a new framework to onboard cooperative banks and enable them to deliver Aadhaar-based authentication services to mark the International…
- Technology
India tops global faster payments ranking, says IMF
New Delhi: Thanks to the massive adoption of unified payments interface (UPI) based digital transactions, India now makes faster payments than any other country in the world, an International Monetary Fund (IMF)…
- Technology
Flipkart rolling out own payments app ‘Super.money’
New Delhi: E-commerce giant Flipkart has started rolling out its own payments app Super.money, in a fintech push, over a year and a half after separating from PhonePe. Now live in beta…
- Business
India’s non-cash payment on e-com platforms rose over 58 pc in 2023: Report
New Delhi: India has witnessed the fastest jump in alternative remittance share for e-commerce payments in the Asia-Pacific (APAC) region, from 20.4 per cent in 2018 to 58.1 per cent in 2023,…
- Business
Paytm reports 3 pc decline in Q4 revenue at Rs 2,267 crore
New Delhi: Payment and financial services company Paytm on Wednesday reported 3 per cent decline in its revenue for the fourth quarter of FY24 to Rs 2,267 crore. The decline, said the…
- Business
RBI issues alert against prepaid payment instruments by illegal entities
Mumbai: The Reserve Bank of India (RBI) on Thursday cautioned the public against Prepaid Payment Instruments issued by unauthorised entities. “Members of public are urged to exercise utmost caution while using websites/…
- Business
Bajaj Allianz Life introduces premium payment options on WhatsApp
New Delhi: Bajaj Allianz Life Insurance on Tuesday said that it partnered with Meta to introduce premium payment options on WhatsApp for customers to seamlessly manage their policies and payments all in…
- Business
RBI asks a card network to halt unauthorised commercial payment arrangement
Mumbai: The Reserve Bank on Thursday restrained a card network which enabled businesses to make card payments through certain intermediaries to entities that do not accept card payments, as the activity was…
- Telangana
Now you can clear electricity bills on Google Pay in Telangana; here’s how
Hyderabad: The people in Telangana will now be able to pay their electricity bills from the comfort of their homes using Google Pay as the app has announced the launch of an…
- Business
Paytm boosts merchant payments leadership with 79 lakh devices, adds 4 lakh in June alone
New Delhi: Leading payments and financial services company Paytm on Wednesday said it achieved a new milestone in merchant payments with 79 lakh devices deployed while the gross merchandise value (GMV) for…
- India
Paytm boosts merchant payments leadership with 79L devices, adds 4L in June alone
New Delhi: Leading payments and financial services company Paytm on Wednesday said it achieved a new milestone in merchant payments with 79 lakh devices deployed while the gross merchandise value (GMV) for…
- Business
Razorpay launches payment reconciliation service for buyers, sellers on ONDC
New Delhi: Full-stack fintech platform Razorpay on Thursday joined the government’s Open Network for Digital Commerce (ONDC) ecosystem by launching a payment reconciliation service for network participants (NPs) like buyers, sellers, and…
- Business
Just 11.3% women use payment apps on smartphones in India: Report
New Delhi: Despite a 50 per cent rise in the Indian users’ time spent over smartphones in the last year and the participation of women in the workforce rising consistently, only 11.3…
- India
Digital transactions see 178 pc rise in volume in 3 years
New Delhi: There has been an exponential increase of 178 per cent in the volume of digital payment transactions in the last three years with the rise of several platforms like Bharat…
- Technology
ChatGPT bug may have exposed payment information of some users: OpenAI
New Delhi: OpenAI, the creator of ChatGPT, has admitted that some users’ payment information may have been exposed earlier this week when it took ChatGPT offline owing to a bug. According to…
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