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
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
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
As per the report India, Colombia, Peru, Uruguay and Mexico have the most favourable conditions for inclusive finance.
31 Oct 2019 3:06 PM
The preference for digital payments, including eWallet and UPI payments, is more pronounced with younger consumers.
24 Oct 2019 7:47 AM
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
Transactions at grocery stores accounted for 24 per cent of the total volume on Independence Day.
23 Aug 2019 1:39 AM
Paytm currently has a monthly active user base of around 140 million.
16 Aug 2019 10:24 AM
The service charges were withdrawn three years ago to promote digital payments.
09 Aug 2019 1:29 PM
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
There are still several structural challenges that are hindering the growth of digital payments in the country.
03 Aug 2019 11:49 AM
The policy will streamline the retail trade and promote ease of doing business in the retail sector.
14 Jul 2019 12:22 PM
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 said digital payments in India have received quite high interest from various investors, both domestic and international.
09 Jul 2019 6:25 PM
UPI transaction volumes up 328 per cent.
22 May 2019 3:37 AM
PhonePe has achieved annual run-rate of USD 70 billion on transactions from its platform.
15 Apr 2019 6:33 PM
Digital payments are going to reach 1 trillion USD by FY 2023 from the existing USD 200 billion.
15 Mar 2019 12:45 PM
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
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
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