Digital Payment

Karnataka Bank, Clix Capital Enter Into A Co-Lending Partnership Through Yubi Platform

17/01/2024

The collaboration will focus on extending loans to MSMEs across India

Razorpay Elevates Rahul Kothari to Chief Operating Officer

08/11/2023

He was earlier the chief business officer at Razorpay

Implementation Of Aadhaar-Enabled Payment System 2FA For Merchants

22/09/2023

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

India Witnessed 1.3X Increase In Average Cash Collection Per Point With Ecommerce Companies In FY23

25/05/2023

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

Chennai Ranks Among Top Five In Digital Payment Transactions In 2022: Report

02/08/2023

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...

Upgraded Payments Platform With 100% Indigenous Technology, Says Paytm

25/03/2023

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

UPI LITE Now Active With Ten Indian Banks, Says Paytm

24/03/2023

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

RBI Imposes Rs 3.06 Crore Penalty On Amazon Pay

04/03/2023

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

Digital Payments Record 24% Annual Growth At The End Of September 2022: RBI data

01/02/2023

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