Friday, Dec 13, 2019 | Last Update : 09:31 AM IST

digital payments

154 mn debit cards out of use as magnetic strips, zero balance go

There were about 836 million debit cards and about 53 million credit cards in circulation at the end of September quarter.

03 Dec 2019 1:47 AM

Paytm raises USD 1 billion in fresh funding

Accounts advised by T Rowe Price Associates were among the new investors for the fund, Paytm said in a statement.

25 Nov 2019 12:17 PM

No levying of charges on NEFT payment from January: RBI to banks

RBI has also proposed that FASTags would be enabled to pay for parking fee and even at fuel stations.

08 Nov 2019 5:26 PM

India among nations with most conducive environment for financial inclusion: Report

As per the report India, Colombia, Peru, Uruguay and Mexico have the most favourable conditions for inclusive finance.

31 Oct 2019 3:06 PM

42 per cent Indians prefer digital payments over cash during shopping

The preference for digital payments, including eWallet and UPI payments, is more pronounced with younger consumers.

24 Oct 2019 7:47 AM

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Paytm Money expects its market share in direct MF to increase to 50 pc in 6 months

Currently, its market share in direct mutual fund subscriptions stands at around 40 per cent of total such subscriptions.

25 Aug 2019 2:49 PM

India’s new festival splurge: Grocery and apparel

Transactions at grocery stores accounted for 24 per cent of the total volume on Independence Day.

23 Aug 2019 1:39 AM

Paytm to invest Rs 750 cr to reach 250 million monthly active users by March

Paytm currently has a monthly active user base of around 140 million.

16 Aug 2019 10:24 AM

Online train tickets to get costlier as IRCTC restores service charge

The service charges were withdrawn three years ago to promote digital payments.

09 Aug 2019 1:29 PM

CAIT launches initiative to accelerate use of digital payments among merchants

HDFC Bank's Smita Bhagat said that the initiative will make a big difference in the lives of small traders.

08 Aug 2019 7:14 PM

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Fin-tech players enabling payment through aadhar card

There are still several structural challenges that are hindering the growth of digital payments in the country.

03 Aug 2019 11:49 AM

DPIIT to soon float draft national retail policy to seek stakeholders' views

The policy will streamline the retail trade and promote ease of doing business in the retail sector.

14 Jul 2019 12:22 PM

Over 3,133 cr digital transactions in FY19, positive trend for ongoing fiscal: Prasad

The government has set a target of over 4,000 crore digital transactions in the ongoing financial year.

10 Jul 2019 8:35 PM

PCI says abolishing MDR charges to dry up investment capital, kill revenue source

PCI said digital payments in India have received quite high interest from various investors, both domestic and international.

09 Jul 2019 6:25 PM

Festivals drive up digi-pay in Q1

UPI transaction volumes up 328 per cent.

22 May 2019 3:37 AM

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PhonePe crosses 2 billion transaction mark

PhonePe has achieved annual run-rate of USD 70 billion on transactions from its platform.

15 Apr 2019 6:33 PM

4 companies bringing the next phase of payments revolution in India

Digital payments are going to reach 1 trillion USD by FY 2023 from the existing USD 200 billion.

15 Mar 2019 12:45 PM

Unauthorised surcharging impeding online payment system: Study

It is estimated that the merchants were burdened with nearly Rs 10,000 crore towards credit card Merchant Discount Rate (MDR) in 2018 alone.

03 Mar 2019 5:31 PM

Digital payment apps need to be more user-friendly: report

Around 44 pc of aware disadvantaged groups and 50 pc of aware advantaged groups are users of digital payments.

24 Feb 2019 12:39 PM

Former UIDAI chief Nandan Nilekani to head RBI panel on digital payments

RBI appointed Nandan Nilekani as the chairman of High-Level Committee on Deepening of Digital Payments in the country.

08 Jan 2019 4:22 PM

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