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digital payments

NRIs Can Use UPI with International Numbers

NRIs Can Use UPI with International Numbers

Wed, Nov 06, 2024

Non-Resident Indians (NRIs) with international phone numbers can now make UPI transactions. This video explains the simple steps to enable UPI for NRIs and how to link international phone numbers to make secure payments. Follow along for an easy guide on using UPI from abroad.

This country to get India's UPI-like real-time payments platform soon

This country to get India's UPI-like real-time payments platform soon

Fri, Sep 27, 2024

NPCI International Payments Ltd (NIPL), a subsidiary of the National Payments Corporation of India (NPCI), said on Friday that it had entered into a strategic partnership with the Ministry of Digital Transformation (MDT) of Trinidad and Tobago to develop a real-time payments platform.

RBI reports 97.96% Rs 2000 banknotes returned, streamlining currency circulation and boosting digital payments amid withdrawal drive

RBI reports 97.96% Rs 2000 banknotes returned, streamlining currency circulation and boosting digital payments amid withdrawal drive

Wed, Sep 04, 2024

Explore the latest RBI actions, including the ongoing Rs 2000 banknotes withdrawal and recent monetary penalties imposed on banks and non-banking financial companies for regulatory non-compliance and operational violations.

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Keep these six points in mind for safety of your online bank accounts

Keep these six points in mind for safety of your online bank accounts

Thu, May 11, 2017

As per the Reserve Bank of India data, the digital transactions in the month of April stood at Rs 10,960.22 crore as against Rs 14958.91 crore in March and Rs 10,405.53 crore in December.

Samsung Pay now available on UPI; collaborates with Axis Bank

Samsung Pay now available on UPI; collaborates with Axis Bank

Thu, Apr 27, 2017

With the launch of UPI on Samsung Pay, users can create their unique virtual addresses @pingpay enabling them to make seamless bank to bank transfers.

Investors can buy mutual funds through digital wallets: Sebi

Investors can buy mutual funds through digital wallets: Sebi

Wed, Apr 26, 2017

Balance loaded through credit card, cash back, promotional schemes would not be allowed for subscription to mutual funds.

India's fintech sector rises to 72 start-ups in last 3 years

India's fintech sector rises to 72 start-ups in last 3 years

Sat, Apr 15, 2017

The fintech start-ups in India received funding of about $175 million in 2014 and grew to $2 billion in 2015, which was buoyed by mega-rounds to Paytm.

Digital transactions shoot up 23 times post note ban to 64 lakh

Digital transactions shoot up 23 times post note ban to 64 lakh

Fri, Apr 14, 2017

Aadhaar Enabled Payments have increased from 2.5 crore in November 2016 to over 5 crore in March 2017, NITI Aayog said.

One government many apps: Here's how "techy" Modi-government is

One government many apps: Here's how "techy" Modi-government is

Fri, Apr 14, 2017

Prime Minister Narendra Modi on Friday launched two schemes under the BHIM App on the occasion of the 126th birth anniversary of Dr Babasaheb Ambedkar in Nagpur, Maharashtra.

PM Narendra Modi launches two schemes to reward BHIM App users

PM Narendra Modi launches two schemes to reward BHIM App users

Fri, Apr 14, 2017

To reward BHIM App users, Prime minister Narendra Modi on Friday launched two new schemes namely BHIM Referral Bonus Scheme and BHIM Merchant Cashback Scheme on the occasion of 126th birth anniversary of Dr Babasaheb Ambedkar.

PM Narendra Modi to launch BHIM-Aadhaar digital payments platform today

PM Narendra Modi to launch BHIM-Aadhaar digital payments platform today

Fri, Apr 14, 2017

Prime Minister Narendra Modi will launch the BHIM-Aadhaar digital payments platform to boost the digital payments revolution on the occasion of the 126th birth anniversary of Babasaheb Bhimrao Ambedkar, here on Friday.

Railways supply chain to go digital?

Railways supply chain to go digital?

Mon, Apr 10, 2017

The Indian Railways will be launching digital contract, a system of digitisation of its entire supply chain across all zones. The step is aimed at improving the ease of doing business and transparency.

Digital transactions: Is UPI finally making the right bet to grow?

Digital transactions: Is UPI finally making the right bet to grow?

Tue, Apr 04, 2017

Nearly seven months since its launch, Unified Payments Interface (UPI) has failed to rock the digital transactions boat in India. Even demonetisation that forced the government to pivot to making India a 'less-cash' society hasn't helped much.

Ankit Khanna promoted to COO of FreeCharge

Ankit Khanna promoted to COO of FreeCharge

Wed, Mar 22, 2017

Before taking charge as the COO, Ankit was the Chief Product Officer with the company.

Snapdeal installs Jason Kothari as CEO of Freecharge; invests additional $20 million

Snapdeal installs Jason Kothari as CEO of Freecharge; invests additional $20 million

Mon, Mar 20, 2017

Kothari takes over as Freecharge CEO after its former CEO Govind Rajan resigned a year after taking charge of the company.

MobiKwik welcomes govt's draft regulations on digital wallets

MobiKwik welcomes govt's draft regulations on digital wallets

Fri, Mar 10, 2017

The Ministry of Electronics and Information Technology has released a set of draft guidelines for digital wallet companies on Wednesday as part of its efforts to promote electronic payments.

Unlike Paytm, MobiKwik says no to 2% fee for recharging wallets using credit cards

Unlike Paytm, MobiKwik says no to 2% fee for recharging wallets using credit cards

Thu, Mar 09, 2017

Post demonetisation, in order to boost the government’s vision of cash-less India, MobiKwik had a stated policy of revoking fees on uploading money through credit cards and the company reiterated its policy of continuity.

India's gold demand may touch up to 950 tonnes level by 2020 on economic growth, greater transparency says WGC

India's gold demand may touch up to 950 tonnes level by 2020 on economic growth, greater transparency says WGC

Wed, Mar 08, 2017

World Gold Council on Wednesday said India's gold demand may go up to 950 tonnes level by 2020 on back of economic growth and greater transparency.

To discourage cash transactions, HDFC Bank & others begin minimum levy of Rs 150 on cash deposits & withdrawals

To discourage cash transactions, HDFC Bank & others begin minimum levy of Rs 150 on cash deposits & withdrawals

Thu, Mar 02, 2017

To discourage cash transactions and boost the digital payments, banks like HDFC Bank and others have started charging a minimum amount of Rs 150 per transaction for cash deposits and withdrawals beyond four free transactions in a month.

MobiKwik to invest Rs 300 crore to expand network, grow user base, launch financial services

MobiKwik to invest Rs 300 crore to expand network, grow user base, launch financial services

Fri, Feb 24, 2017

Mobile wallet company MobiKwik announced on Thurday to invest Rs 300 crore in 2017 for funding its loyalty initiatives, expanding its reach and network, and launching other financial services such as loans and investments on its platform.

Are digital payments start-ups heading the merger and acquisition way in 2017?

Are digital payments start-ups heading the merger and acquisition way in 2017?

Fri, Feb 24, 2017

It is not only Freecharge that may be acquired pretty soon, there are others in the digital payments system that choose to merge or be acquired due to the tough competition.

How Freecharge got left behind in the digital payments race

How Freecharge got left behind in the digital payments race

Fri, Feb 24, 2017

Freecharge that was just behind Paytm before demonetisation, but failed to capitalise on the opportunity quickly.

Mahindra's mobile solutions firm Comviva launches 'payPLUS Aadhaar Pay' for rural India

Mahindra's mobile solutions firm Comviva launches 'payPLUS Aadhaar Pay' for rural India

Wed, Feb 22, 2017

Mobile solutions provider Mahindra Comviva on Wednesday launched 'payPLUS Aadhaar Pay' app that simplifies digital payments by using Aadhaar number and linked biometric credentials.

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