172@29@17@244!~!172@29@0@53!~!|news|tags|digital-payments.html!~!news|moneycontrol|com!~!|controller|tag.php!~!is_mobile=false
digital payments
Jump to
177 Results Found
  • The changing language of finance Sep 20, 2020 12:06 PM IST

    The changing language of finance

    Financial organisations have always welcomed new technologies as they are in the business of exchanging information. Now, in addition to the benefits from using technology, they will have to learn how to talk in technological terms

  • Financial frauds rising due to dependence on digital payment platforms: NSA Ajit Doval Sep 19, 2020 11:07 AM IST

    Financial frauds rising due to dependence on digital payment platforms: NSA Ajit Doval

    National Security Adviser (NSA) Ajit Doval said there was a 500 percent increase in cyber crimes due to limited awareness and cyber hygiene.

  • Boon or bane? How the new umbrella entity for retail payments has split the industry Aug 28, 2020 02:17 PM IST

    Boon or bane? How the new umbrella entity for retail payments has split the industry

    While one segment feels it will help expand the payments pie, others feel it will end up creating walled gardens and raising regulatory challenges for the RBI.

  • Innoviti joins hands with Visa, shoppers can convert purchases into EMIs Aug 27, 2020 03:56 PM IST

    Innoviti joins hands with Visa, shoppers can convert purchases into EMIs

    The new platform will allow shoppers to pay via credit when they use their Visa cards at merchant locations that use Innoviti’s payment solutions.

  • Digital transactions recover in May after initial COVID-induced fall Aug 25, 2020 06:39 PM IST

    Digital transactions recover in May after initial COVID-induced fall

    The cumulative value of transactions fall by 25 percent in January-May 2020, compared to the same period in 2019. RuPay card transactions through online portals grow by 237 percent in April 2020 from February.

  • Explained: Why RBI is pushing for new umbrella entities for retail payments, who can set them up and other questions answered Aug 19, 2020 02:38 PM IST

    Explained: Why RBI is pushing for new umbrella entities for retail payments, who can set them up and other questions answered

    The RBI wants to create a parallel network to NPCI, keep it interoperable and foster innovations in digital payments space.

  • EXCLUSIVE | Google Pay, PhonePe to soon offer auto debit through UPI  Aug 10, 2020 10:34 AM IST

    EXCLUSIVE | Google Pay, PhonePe to soon offer auto debit through UPI 

    The payment apps are likely to come out with the recurring payments offer within a month, sources have said.

  • RBI to introduce online dispute resolution mechanism for digital payments Aug 06, 2020 01:03 PM IST

    RBI to introduce online dispute resolution mechanism for digital payments

    Reserve Bank of India’s Governor Shaktikanta Das has announced introduction of an online dispute resolution mechanism for digital payments.

  • Exclusive: WhatsApp’s payments service expected to be delayed further Aug 04, 2020 05:42 PM IST

    Exclusive: WhatsApp’s payments service expected to be delayed further

    WhatsApp Payments is currently being offered in beta mode to a million users. But a formal launch can take place only after petitions against the service are cleared by the Supreme Court. Until that happens, the RBI, NPCI and the Government may not move forward

  • NPCI launches RuPay commercial card Jul 23, 2020 03:27 PM IST

    NPCI launches RuPay commercial card

    It has partnered with State Bank of Mauritius and fintech players Yap and EnKash to launch the card.

  • Payments industry reiterates demand for a stable MDR regime Jul 22, 2020 03:43 PM IST

    Payments industry reiterates demand for a stable MDR regime

    For digital payments to grow, India needed to reward innovation and risk-taking abilities, they say.

  • Digital payments catching on, will grow to 1.5 billion a day: RBI Jul 22, 2020 03:16 PM IST

    Digital payments catching on, will grow to 1.5 billion a day: RBI

    The RBI is looking to push more innovations in the payments space, says the central bank.

  • EXPLAINED | Digital payments are up but why trends point to a jagged and slow recovery Jul 20, 2020 11:33 AM IST

    EXPLAINED | Digital payments are up but why trends point to a jagged and slow recovery

    Digital payments have grown in May and June but are still lower than February and January volumes. UPI stands out

  • Banks exceed digital payments target for 2019-20, record 4,500 crore transactions Jul 09, 2020 07:57 PM IST

    Banks exceed digital payments target for 2019-20, record 4,500 crore transactions

    ICICI Bank leads the ranking race, according to Meity report card. Public sector lender SBI in tenth spot.

  • UPI, mobile wallet, card transactions jump to pre-COVID-19 levels: Report Jun 30, 2020 12:21 PM IST

    UPI, mobile wallet, card transactions jump to pre-COVID-19 levels: Report

    The rise in online transactions can be credited to opening up of e-commerce for non-essential goods and increased number of e-payments for utility, mobile and grocery bills

  • Reinstate subsidies for digital payments, launch video KYC for lenders to help fintech: Report Jun 24, 2020 09:30 PM IST

    Reinstate subsidies for digital payments, launch video KYC for lenders to help fintech: Report

    The report, titled 'Redefining the FinTech experience: Impact of COVID-19', said fintech can act as enablers for the banking and financial sector, playing a crucial role in ubiquity and adoption of digital financial services.

  • RBI warns public against unsafe digital transactions Jun 22, 2020 07:43 PM IST

    RBI warns public against unsafe digital transactions

    RBI has also asked all authorised payment systems operators to undertake targeted multi-lingual campaigns in the form of SMSs and advertisements as part of its awareness drive.

  • Coronavirus pandemic | Digital payments fall up to 68% in April Jun 11, 2020 06:50 PM IST

    Coronavirus pandemic | Digital payments fall up to 68% in April

    NEFT down 34%, RTGS more than 50% and debit cards 68% compared to March, RBI data shows.

  • RBI to set up payments infrastructure fund; invests Rs 250 crore Jun 05, 2020 11:38 AM IST

    RBI to set up payments infrastructure fund; invests Rs 250 crore

    The RBI will make an initial contribution of Rs 250 crore to the PIDF covering half the fund and remaining contribution will be from card issuing banks and card networks operating in the country, the RBI said in a release.

  • UPI makes a strong comeback, records 1.2 billion transactions in May Jun 01, 2020 09:55 PM IST

    UPI makes a strong comeback, records 1.2 billion transactions in May

    It has managed to reach March levels in terms of number of transactions, showing rapid adoption of UPI

  • 3 startups win $100,000-contest to offer digital payments on feature phones May 13, 2020 06:08 PM IST

    3 startups win $100,000-contest to offer digital payments on feature phones

    Gupshup, Minkville and Tonetag will work with NPCI and also get support from CIIE.CO.

  • Tech | What to expect from Facebook’s Libra 2.0? May 12, 2020 03:28 PM IST

    Tech | What to expect from Facebook’s Libra 2.0?

    While the Libra Association has come out with a new digital currency, expect authorities running fiat currencies to continue their criticism

  • The Digital Rupee — Is India ready for the next wave of digital payments? May 06, 2020 09:15 AM IST

    The Digital Rupee — Is India ready for the next wave of digital payments?

    Going forward, it is critical for India to build an accessible, inclusive and resilient payment system that can withstand sustained shocks in the aftermath of the COVID-19 crisis.

  • Coronavirus pandemic | Sharp drop in digital payments as lockdown holds up economy May 01, 2020 05:23 PM IST

    Coronavirus pandemic | Sharp drop in digital payments as lockdown holds up economy

    IMPS sees a 43% decline, UPI 17% and FAS Tag collections are down 90%, NPCI data shows.

  • Overall digital payments volume dips 30%, UPI payments fall 37% Apr 24, 2020 08:32 PM IST

    Overall digital payments volume dips 30%, UPI payments fall 37%

    Razorpay data shows that sectors like entertainment, bill payments have gone up while travel, real estate transactions are down more than 80 percent.

Sections