Sent Money By Mistake Or Fell Prey To Fraudsters? Soon You Can Revert Transactions Over Rs 2,000 Within 4 Hours: Reports
However, experts raised alarm over the move saying that this may lead to fraud from buyers and may affect digital payments negatively as shopkeepers may become wary of taking payments digitally for amounts exceeding Rs 2,000
Nov 29, 2023, 18:42 PM IST
From Humble Beginnings To India's Fintech Giant: How Vijay Shekhar Sharma Created Paytm
Vijay Shekhar Sharma: This is the story of Paytm founder and CEO Vijay Shekhar Sharma's inspirational journey from humble beginnings to India's Fintech giant.
Aug 08, 2023, 21:10 PM IST
6 years of demonetisation: Digital payments boom after demonetisation
The biggest decision related to the Indian economy was taken 6 years ago. Prime Minister Narendra Modi gave an address to the nation on 8 November 2022 at 9 pm, under which the old notes of 500-1000 rupees were announced to be discontinued.
Nov 08, 2022, 12:16 PM IST
'No more toffees instead of chhuttas': UPI attributed for killing candy business in India
Giving toffees in lieu of the loose cash was a key strategy by the shopkeepers.
Oct 14, 2022, 12:43 PM IST
Mobcoder Is Unifying Uk High Streets With A Fintech App - Voilo
Voilo is a smartphone app that connects small businesses and charities with their consumers, allows them to accept payments from anywhere, and saves them up to 90% on transaction costs.
May 27, 2022, 12:17 PM IST
Maan Ki Baat: Online payments are developing a digital economy, says PM Narendra Modi
“Now even in small towns and in most villages people are transacting through UPI itself. A culture is also being born in the country from Digital Economy,” PM Modi said.
Apr 24, 2022, 11:41 AM IST
FM Nirmala Sitharaman vouches to regulate crypto at global level to check money laundering, terror funding
Finance Minister said that as long as the non-governmental activity of the crypto assets was through unhosted wallets, the regulation was going to be very difficult.
Apr 19, 2022, 20:52 PM IST
PM Modi hails India in Pixels for explaining UPI, digital payments via data sonification
PM Modi praised India in Pixels for using data sonification to covey the sound of money transacted via UPI and Digital Payments.
Apr 13, 2022, 19:16 PM IST
RBI releases framework for geo-tagging of payment system touch points
RBI has released the framework for geo-tagging of payment system touch points to ensure proper monitoring of the availability of payment acceptance infrastructure.
Mar 26, 2022, 23:22 PM IST
Digital payments record 40% annual growth at Sep-end 2021: RBI data
The newly constituted RBI's digital payment index (RBI-DPI) stood at 304.06 during September 2021.
Jan 19, 2022, 22:18 PM IST
Big boost for digital payments! Cabinet approves Rs 1,300-crore scheme to promote UPI, Rupay
The Union Cabinet has approved a Rs 1,300-crore incentive scheme to promote transactions made via UPI and Rupay debit cards.
Dec 15, 2021, 17:44 PM IST
WhatsApp to double payments offering from 20 million to 40 million users in India
In India's digital payments market, WhatsApp competes with Alphabet Inc's Google Pay, SoftBank and Ant Group-backed Paytm, and Walmart's PhonePe.
Nov 27, 2021, 10:08 AM IST
NITI Aayog proposes to bring Digital Bank
Government think-tank Niti Aayog proposed setting up of full-stack 'digital banks', which would principally rely on the internet and other proximate channels to offer their services and not physical branches, to mitigate the financial deepening challenges being faced in the country
Nov 25, 2021, 09:36 AM IST
Digital Payment Revolution: Nirmala Sitharaman shares video of UPI QR code on ox head
Finance Minister Nirmala Sitharaman, on Thursday (November 4), shared a video highlighting the success of digital payments in India.
Nov 05, 2021, 20:07 PM IST
Want to transfer Rs 10 lakh? Here’s how to do it via Paytm
According to the RBI guidelines, the amount that can be transferred via digital payment method is limited to Rs 10,000 per month.
Aug 20, 2021, 17:11 PM IST
PM Narendra Modi to launch new digital payment solution e-RUPI on August 2
Besides being a cashless and contactless instrument for digital payment, it is a QR code or SMS string-based e-voucher, which is delivered to the mobile of the beneficiaries, the statement said.
Aug 01, 2021, 09:32 AM IST
Google, Amazon and other tech giants eye India's burgeoning digital retail payments market
The growing prowess of India in the field of economy, as well as technology, has garnered the attention of tech giants across the world. Technology giants Facebook Inc, Amazon.com Inc and Google and credit-card providers Visa Inc and Mastercard Inc are among those vying for unprecedented access to India's burgeoning digital retail payments market, reported The Star.
Mar 07, 2021, 12:31 PM IST
PayPal plans to hire 1000 Indian engineers for development centres across country
The pandemic has accelerated the shift towards digital payments and highlighted the benefits of adopting a digital-first approach. PayPal said its products and services have become even more relevant now and hence the need to focus on technology innovation across artificial intelligence, machine learning, data science, risk and security, customer experience and other key areas.
Mar 03, 2021, 16:12 PM IST
Digital payments fraud: COVID-19 pandemic provides opportunity to dupe unsuspecting consumers
Card cloning is the most common concern when it comes to debit or credit card fraud, with 1 in 3 seeing this as the biggest risk.
May 13, 2020, 22:16 PM IST
Digital payments by Indians rise by 42 per cent during COVID-19 lockdown: Report
Digital payment platforms have been widely used for buying essentials and mobile recharges during the lockdown, according to a survey of 42,000 respondents done by consultancy firm Local Circles
Apr 14, 2020, 17:19 PM IST
