Saturday, April 13, 2024
Outlook India
Outlook Business

Digital Payment

The collaboration will focus on extending loans to MSMEs across India

He was earlier the chief business officer at Razorpay

When users attempt to access online services, 2FA is a robust security method to verify their identity, combining what a user is aware of and something they have

The CMS India Cash Vibrancy Report 2023 report highlights India’s cash megatrends of FY 2023, the importance of cash usage among consumers, and its robust co-existence with digital payments in the country

Bengaluru emerged on top with 29 million transactions worth $65 billion followed by New Delhi 19.6 million transactions worth $50 billion, Mumbai ($18.7 million transactions worth $49.5 billion), Pune (15 million transactions valued at $ 32.8 billion), the...

The company said the new platform can handle 10 times more payments traffic compared to its older platform

The success rate of transactions via Paytm UPI LITE is said to be improved further as it is designed to reduce the load on bank systems for small-value payments

The penalty is based on deficiencies in regulatory compliance and not intended to pronounce upon the validity of any transaction or agreement entered into by the Amazon Pay (India) with its customers

The central bank announced the construction of a composite RBI-DPI in March 2018 as a base to capture the extent of digitisation of payments across the country