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Online Payment

Paytm gets extension from RBI for resubmission of PA license application

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

Paytm gets extension from RBI for resubmission of PA license application
Updated On : 26 Mar 2023 | 7:02 PM IST

Decoded: What the India-Singapore real-time payment linkage is all about

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

Decoded: What the India-Singapore real-time payment linkage is all about
Updated On : 22 Feb 2023 | 4:46 PM IST

India Stack 2.0 to be more nuanced, intelligent: Rajeev Chandrasekhar

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

India Stack 2.0 to be more nuanced, intelligent: Rajeev Chandrasekhar
Updated On : 26 Jan 2023 | 12:52 PM IST

Visa, Mastercard may be allowed a share of India's online payments

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

Visa, Mastercard may be allowed a share of India's online payments
Updated On : 17 Jan 2023 | 10:03 AM IST

UPI transactions see 650% rise at semi-urban, rural stores: Report

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

UPI transactions see 650% rise at semi-urban, rural stores: Report
Updated On : 06 Dec 2022 | 1:05 PM IST

A step-to-step guide to transferring Amazon Pay balance to bank account

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

A step-to-step guide to transferring Amazon Pay balance to bank account
Updated On : 14 Nov 2022 | 6:22 PM IST

Network connectivity remains big challenge as e-commerce, FMCG go digital

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

Network connectivity remains big challenge as e-commerce, FMCG go digital
Updated On : 06 Nov 2022 | 6:12 PM IST

PhonePe in talks to raise $700 million at $12 billion valuation

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

PhonePe in talks to raise $700 million at $12 billion valuation
Updated On : 21 Oct 2022 | 11:55 PM IST

UPI Lite: A payment method that allows you to pay without PIN or internet

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

UPI Lite: A payment method that allows you to pay without PIN or internet
Updated On : 23 Sep 2022 | 9:49 PM IST

WhatsApp Pay India head Manesh Mahatme quits, likely to return to Amazon

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

WhatsApp Pay India head Manesh Mahatme quits, likely to return to Amazon
Updated On : 22 Sep 2022 | 11:16 PM IST

TerraPay, NPCI collaborate for merchant payments via UPI-enabled QR codes

/ -- 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 ..

TerraPay, NPCI collaborate for merchant payments via UPI-enabled QR codes
Updated On : 22 Sep 2022 | 1:07 PM IST

E-challan in Delhi: How to check status and pay traffic fines online

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

E-challan in Delhi: How to check status and pay traffic fines online
Updated On : 20 Sep 2022 | 6:40 PM IST

The case for pricing UPI transactions and what's at stake for banks

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

The case for pricing UPI transactions and what's at stake for banks
Updated On : 23 Aug 2022 | 10:10 PM IST

Digital payments in India projected to reach $10 trn by 2026: Report

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

Digital payments in India projected to reach $10 trn by 2026: Report
Updated On : 03 Jun 2022 | 1:21 AM IST

PPI rapidly catching on as a bottom-of-the-pyramid transaction system

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

PPI rapidly catching on as a bottom-of-the-pyramid transaction system
Updated On : 15 Apr 2022 | 6:00 AM IST

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

What is IMPS?
Updated On : 14 Mar 2022 | 8:45 AM IST

Merchant commerce platform Pine Labs acquires online payments startup Qfix

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

Merchant commerce platform Pine Labs acquires online payments startup Qfix
Updated On : 08 Feb 2022 | 7:27 PM IST

Most consumers wary of stricter rules for online card use: Survey

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

Most consumers wary of stricter rules for online card use: Survey
Updated On : 20 Dec 2021 | 6:41 PM IST

Punjab to introduce online payment of water supply bills in villages

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

Punjab to introduce online payment of water supply bills in villages
Updated On : 09 Aug 2021 | 7:34 PM IST

China plans online payment rules that may hit Ant Group, Tencent

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

China plans online payment rules that may hit Ant Group, Tencent
Updated On : 21 Jan 2021 | 2:38 AM IST