Payments
- Business
PhonePe launches PG Bolt to revolutionise in-app payments for merchants
New Delhi: PhonePe Payment Gateway on Thursday announced the launch of PhonePe PG Bolt — a groundbreaking solution that empowers merchants by offering the fastest in-app payment experience to customers with a…
- Business
Paytm focuses on UPI Lite Wallet for low-value daily payments
New Delhi: One97 Communications Limited (OCL), which owns leading payments and financial services company Paytm, on Monday, said that it is now focusing on UPI Lite wallet to move the users who…
- Business
Paytm Payments Bank ban: Key changes come into effect post March 15
New Delhi: As the Reserve Bank of India’s (RBI) deadline to ban Paytm Payments Bank Limited (PPBL) ends on Friday, here are key changes for millions of Paytm users and merchants that…
- Business
MobiKwik unveils ‘Pocket UPI’ for payments without linking bank account
New Delhi: Fintech company MobiKwik on Monday introduced a new feature called ‘Pocket UPI’ that enables users to make UPI payments through MobiKwik Wallet without linking their bank account. The company said…
- News
Google Pay SoundPod: All about the new entrant in audio payment alerts
New Delhi: Sounding an alarm for Paytm and PhonePe, Google Pay has announced a portable speaker SoundPod that will soon be available for small merchants across the country. It is an audio…
- Business
Google Pay India joins NPCI International to expand UPI payments globally
New Delhi: Google India Digital Services Out Ltd on Wednesday signed a memorandum of understanding (MoU) with the NPCI International Payments Ltd (NIPL), a wholly-owned subsidiary of the National Payments Corporation of…
- Business
RBI imposes Rs 5.39 crore penalty on Paytm Payments Bank
Mumbai: The Reserve Bank of India on Thursday said it has imposed a penalty of Rs 5.39 crore on Paytm Payments Bank Ltd for non-compliance with certain provisions, including Know Your Customer…
- Business
Razorpay launches AI-powered payments routing system ‘Optimizer’
New Delhi: Full-stack fintech platform Razorpay on Tuesday launched a payment infrastructure — ‘Optimizer’, an AI-powered payments routing system, that will protect businesses from annual losses of over 7,000 crore due to…
- Technology
PhonePe forays into stock trading segment with Share.Market platform
Bengaluru: Decacorn fintech firm PhonePe on Wednesday announced foraying into the stock broking segment with the launch of a market platform. Ujjwal Jain will be the Chief Executive Officer of the new…
- Business
Payments processor checkout.com dumps Binance over regulatory concerns
San Francisco: Leading crypto exchange Binance has been dumped by global payments processor Checkout.com amid growing regulatory concerns. Binance was once Checkout.com’s largest client — with more than $2 billion in transactions…
- Business
UPI dominates as India records 88 bn payment transactions, valued at Rs 150 tn in 2022.
New Delhi: Led by Unified payments interface (UPI), payment modes like debit and credit cards, prepaid payment instruments – mobile and prepaid cards processed 87.92 billion transactions worth Rs 149.5 trillion in…
- Technology
Paytm boosts offline payments leadership with 6.8 mn devices, GMV grows 40%
New Delhi: Leading payments and financial services company Paytm on Wednesday said it has achieved a new milestone in offline payments with 6.8 million devices deployed, while consumer engagement is the highest…
- Technology
Paytm now offers lightning fast UPI payments that never fail in peak hours
New Delhi: Paytm Payments Bank has become the only platform to exclusively offer UPI LITE payments, which enables faster real-time transactions with a single tap on the Paytm app. Paytm UPI LITE…
- India
BJP MLAs stage sit-in to demand payment of salaries to staff of Delhi-govt funded colleges
New Delhi: BJP MLAs on Friday staged a sit-in outside Chief Minister Arvind Kejriwal’s residence here to demand payment of salaries to teachers and other staff of the 12 Delhi-government funded colleges,…
- Technology
Razorpay allows merchants to accept credit card payments via UPI
Bengaluru: Fintech platform Razorpay on Monday announced an industry-first move to enable merchants to accept credit card transactions on unified payments interface (UPI), as the digital payments landscape witnesses a stupendous growth.…