Pandemic-driven surge of contactless payments set to continue
“One in every six face-to-face transactions is contactless in India," said Ramakrishnan Gopalan, vice-president and head of products and solutions, India and South Asia, Visa.…
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digital payments
Amazon Pay reaches to over 85 lakh SMBs in India
Amazon Pay announced that it has reached to over 85 lakh offline small business owners and entrepreneurs with its digital payments infrastructure. Earlier, these…
WhatsApp rolls out cashback for users of payments service
WhatsApp is offering cashback to attract more users to its payment service, days after the messaging platform was allowed by the National Payment Corp. of…
Amazon Pay is working with NPCI to further simplify the UPI experience
Vikas Bansal, Director, Amazon Pay India, shared his thoughts with Livemint on many aspects of the business and how he aims to take it ahead despite the challenges of acceptance.…
India made 7,422 cr digital payments in FY22 at 33% growth rate: MeitY
The volume of digital payments in India has increased by 33% year-on-year (YoY) during the financial year (FY) 2021-2022. A total of 7,422 crore digital payment transactions were…
How sound is UPI payment for feature phones?
The Reserve Bank of India (RBI) on Tuesday introduced UPI123Pay, a new system for digital payments using the Unified Payments Interface (UPI). This is meant for feature phones,…
Explained: What is 123PAY and how you can use it to make UPI payments without internet connection…
Reserve Bank of India (RBI) has launched a new UPI service, 123PAY, that is aimed to help almost 40 crore feature phone users in the country. The new feature was announced by RBI governor,…
Govt testing UPI Lite to allow payments without internet
The solution, called UPI Lite, will likely be used first to enable digital payments under ₹200 in rural areas, the people, including three government officials and a senior executive…
UPI autopay is now live on MyJio app
The National Payments Corporation of India (NPCI) on Wednesday said unified payments interface (UPI) autopay is now live on MyJio App. Jio customers can now set standing…
India Approves Rs. 1,300-Crore Plan to Promote RuPay Debit Cards
India on Wednesday approved a Rs. 1,300 crore plan to promote domestic RuPay debit cards and low-value digital transactions to boost their use in marginalised populations, in a move that…