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Page 3 - Digital Transactions

Pandemic helped all banks in improving digital transactions: CSB Bank CEO

CVR Rajendran, managing director, and chief executive officer of CSB Bank talks to Shine Jacob about the company's digital roadmap to touch 95 per cent mark, Covid-19 loans, the status of slippages

Pandemic helped all banks in improving digital transactions: CSB Bank CEO
Updated On : 12 Jul 2021 | 11:33 PM IST

A substantial fall in installation of PoS machines in India: Report

According to the Worldline India Digital Payments Report for Q1 2021, the new number likely reflects a more realistic number of the terminals deployed

A substantial fall in installation of PoS machines in India: Report
Updated On : 04 Jul 2021 | 9:55 PM IST

Digital payment transactions recover in June as Covid-19 lockdowns ease

In March, UPI had recorded a fresh high of 2.73 billion transactions amounting to Rs 5.04 trillion.

Digital payment transactions recover in June as Covid-19 lockdowns ease
Updated On : 02 Jul 2021 | 12:37 AM IST

BharatPe fiscal 2021 revenue jumps over six times to Rs 700 crore

This comes as the pandemic has forced people and businesses adopt digital transactions and fund-starved small businesses seeking more credit avenues like this start-up.

BharatPe fiscal 2021 revenue jumps over six times to Rs 700 crore
Updated On : 17 Jun 2021 | 8:05 PM IST

SoftBank's PayPay surges ahead in Japan's digital payments race

PayPay is emerging as key driver of a government-supported consumer shift away from cash as Japan grapples with deepening labour shortages

SoftBank's PayPay surges ahead in Japan's digital payments race
Updated On : 11 Jun 2021 | 9:07 AM IST

BSE StAR MF logs record 11.4 mn transactions worth Rs 30,938 cr in May

BSE said its mutual fund distribution platform StAR MF has processed a record 1.14 crore transactions worth Rs 30,938 crore in May

BSE StAR MF logs record 11.4 mn transactions worth Rs 30,938 cr in May
Updated On : 01 Jun 2021 | 5:23 PM IST

Retail digital payments saw strong growth in FY21 over a year earlier

Data from RBI suggest there was a slowdown in wholesale transaction value, but volume growth withstood the pandemic

Retail digital payments saw strong growth in FY21 over a year earlier
Updated On : 28 Apr 2021 | 11:27 PM IST

Cybercriminals make the most of Covid amid increased digital user presence

A recent study by Norton Cyber Safety Insights Report puts the spotlight on cybercriminal activity in India and its impact

Cybercriminals make the most of Covid amid increased digital user presence
Updated On : 19 Apr 2021 | 6:10 AM IST

Paytm Payments Bank registers over 970 million transactions in March 2021

PPBL is also averaging 1 million savings and current accounts a month, and with over 64 million accounts

Paytm Payments Bank registers over 970 million transactions in March 2021
Updated On : 13 Apr 2021 | 6:10 AM IST

Amazon plans to step up e-payments, financial services in India

Wish to convert cash-hardened customer into a digital one: Amazon Pay CEO

Amazon plans to step up e-payments, financial services in India
Updated On : 29 Mar 2021 | 8:15 AM IST

Our digital transactions have gone as high as 67% now: SBI Chairman

SBI has seen an increase in the number transactions happening at its multiple digital channels, with the percentage moving from 60 per cent in the pre-pandemic period to 67 per cent now, Chairman said

Our digital transactions have gone as high as 67% now: SBI Chairman
Updated On : 20 Mar 2021 | 12:36 AM IST

Paytm starts services for business to accept card payments on Android phone

Paytm has partnered with financial services institutions, including Visa and MasterCard, for facilitating card payments for Smart PoS

Paytm starts services for business to accept card payments on Android phone
Updated On : 09 Mar 2021 | 2:22 PM IST

UBS fund pursues $400 million stake in SoftBank-backed Paytm: Report

UBS aims to finalize an agreement as soon as this month

UBS fund pursues $400 million stake in SoftBank-backed Paytm: Report
Updated On : 14 Jan 2021 | 10:31 PM IST

'Pandemic paradox': Cash was king in 2020 as digital transactions increased

Experts cite hoarding as reason for 22% spike in currency in circulation

'Pandemic paradox': Cash was king in 2020 as digital transactions increased
Updated On : 12 Jan 2021 | 11:49 PM IST

Insurers are going digital, but their systems are far from robust

Many companies are using the building blocks in which they have invested to expand their digital offerings instead of taking the bold gambit of installing a new operating system

Insurers are going digital, but their systems are far from robust
Updated On : 21 Dec 2020 | 6:10 AM IST

Contactless conundrum: More blind spots on the nature of proximity payments

The Covid-19 pandemic has given proximity payments a shot in the arm, but clarity on their nature is still elusive

Contactless conundrum: More blind spots on the nature of proximity payments
Updated On : 12 Oct 2020 | 6:10 AM IST

Over 16.34 bn digital transactions registered in April-Aug: Sanjay Dhotre

Digital payments have increased in the country during the last three years from 2,071 crore digital transactions in FY2017-18 to 3,134 crore in FY2018-19, and further to 4,572 crore in FY2019-20

Over 16.34 bn digital transactions registered in April-Aug: Sanjay Dhotre
Updated On : 21 Sep 2020 | 7:55 PM IST

PhonePe to expand business, digitise 25 mn small merchants, create 10K jobs

The company plans to reach 5,500 talukas via its merchant acquisition team that will lead to over 10,000 jobs being created in semi-urban and rural areas

PhonePe to expand business, digitise 25 mn small merchants, create 10K jobs
Updated On : 31 Aug 2020 | 11:46 AM IST

GeM has potential to handle transactions up to $100 bn per annum: Official

"The present version of GeM will be upgraded after enhancing the system and a unified procurement system will be put in place," Kumar said

GeM has potential to handle transactions up to $100 bn per annum: Official
Updated On : 11 Aug 2020 | 7:12 PM IST

Digital transactions could reach Rs 15 trillion a day by 2025: RBI

Daily transactions average 100 million now for a volume of Rs 5 trillion; just before Covid, they daily were averaging 125 million a day, or more than five times the volume in June 2016

Digital transactions could reach Rs 15 trillion a day by 2025: RBI
Updated On : 22 Jul 2020 | 10:43 PM IST