Thursday, Mar 28, 2024 | Last Update : 07:39 PM IST

digital payments

Blow to Facebook as Brazil suspends WhatsApp digital payments just a week after launch

Brazil’s central bank said the payments platform was anti-competitive and there were concerns over data privacy.

24 Jun 2020 6:06 PM

America's casinos still not cashless, transitioning to digital payments amid virus concerns

The push follows an 18-month study of the issue by both commercial and tribal casinos, and equipment suppliers.

16 Jun 2020 8:38 PM

Soon expected to launch in India, WhatsApp payments become available in Brazil

Stalled by regulatory hurdles, plans are afoot to integrate WhatsApp services with JioMart to take on rivals Paytm, PhonePe and Google Pay.

16 Jun 2020 5:11 PM

Google ties up with Gates Foundation on digital payments for the unbanked, rivaling Facebook Libra

The open source software, Mojaloop, first established by Gates Foundation in 2017, is being tweaked for use by disadvantaged communities.

07 May 2020 2:03 PM

Facebook-backed Libra returns with new 'stablecoins' linked to single currency like Dollar or Euro

Central bank officials and others have expressed concern about a blow to their sovereignty from Libra coins pegged to a basket of currencies

16 Apr 2020 9:06 PM

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Facebook-backed Libra back with new 'stablecoins' linked to single currency like Dollar or Euro

Central bank officials and others have expressed concern about a blow to their sovereignty from Libra coins pegged to a basket of currencies

16 Apr 2020 9:06 PM

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

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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

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

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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

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

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