Online Payment

RBI says firm can continue with its online payment aggregation business while it awaits Centre's nod for investments from its parent firm One97 Communication into Paytm Payments Services Ltd

India, Singapore cross-border retail payments & remittances amount to over $1 billion annually

India Stack will become more nuanced, intelligent and sophisticated in its next avatar, Rajeev Chandrasekhar, Minister of State of Electronics and IT, has said

Growing from nothing in 2016, the smartphone-based UPI - a public utility - handled nearly Rs 13 trillion ($160 billion) in December

The unified payments interface (UPI) transactions witnessed a meteoric 650 per cent rise at the semi-urban and rural stores in India this year, a report showed on Tuesday

Note, however, that you can only do this if you have completed your KYC

Experts say AR/VR tech has yet to mature; also, immersive experiences with 360° video applications require a lot of data

Digital payments firm seeking investors' support to scale up operations and compete with rivals

The upper limit for payments has been set at Rs 200; wallet balance cannot exceed Rs 2,000 at any point

Mahatme played a role in helping WhatsApp to win regulatory approval to more than double the number of users of its payments service in India to 100 million

/ -- In a strategic move to further strengthen its cross-border payment solutions, TerraPay, a leading global payments infrastructure group today announced its partnership with NPCI International Payments Limited (NIPL), the International arm of National Payments Corporation of India (NPCI). This association with NIPL will allow Indian customers and merchants in India with an active Unified Payments Interface Id (UPI Id) to make and accept cross-border payments seamlessly by leveraging TerraPay's agile infrastructure and the UPI network. In this intended collaboration, both companies will work together to further empower Indian customers with active UPI Ids (350 million bank accounts) to be able to transact at QR locations enabled by TerraPay, globally. Together, both companies intend to fortify UPI payments & QR solutions to extract their maximum potential. The partnership will further increase the use of UPI and QR for cross-border merchant payments. This initiative will speed ..

The penalty can be paid either offline or online, depending on the facility provided by the city/state in which the traffic offence was committed

Banks pay a switching fee running into hundreds of crores every year for UPI, but have to offer the service for free

Smaller cities have recorded high acceptance of such transactions as cash use declines in country.

These PPI options are fast becoming the cards of choice for the vast majority of Indians as per capita income creeps upwards.

What is IMPS?

Swift transfer of money between bank accounts has made all types of transactions smooth. Through IMPS, we can now transfer money within seconds. Let's get some clarity about this efficient platform

More than 5,000 merchants are presently on the Qfix platform including educational institutions, governments and clubs

Fear of risks is likely to make 28 per cent of consumers shift to paying cash on delivery, says nationwide study

Punjab Water Supply and Sanitation Minister Razia Sultana announced that an online payment system for water supply bills will soon be introduced in all villages across the state in a phased manner

The rules present the strongest and most detailed message yet of regulators' plans to curb monopolistic practices in the online payments industry