Digital Payment | The Asian Age

Saturday, Apr 20, 2024 | Last Update : 07:47 PM IST

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Less than 20 months after a cashback was offered at petrol pumps to promote digital payment, the incentive has been cut to 0.25 per cent from 0.75 per cent, people with knowledge of the development said.

Discount on digital payment at petrol pumps cut to 0.25 per cent

The incentive has been cut to 0.25 per cent from 0.75 per cent, people with knowledge of the development said.

02 Aug 2018 5:06 PM

Paytm, with its mobile wallet app, has cashed in on the boom by partnering with Indian merchants for payments, eroding the dominance of card firms such as Mastercard and Visa.

US firms, Paytm face off in data storage debate

US payment firms have successfully pushed India to consider diluting rules on data storage.

24 Jul 2018 6:19 PM

38 million tickets have been sold via Paytm in the financial year ended March 31.

Nearly 40 million tickets sold via Paytm in FY 2018

As per the company, more than 85 percent of all travel bookings come from the Paytm app.

16 May 2018 3:17 PM

Paytm announced the unification of bank transfers for its customers with the new 'My Payments' feature on its app.

Paytm automates monthly expenses with 'My Payments'

Paytm is aiming to process Rs 60,000 crore in monthly bank transfers alone by the end of this year.

14 May 2018 2:23 PM

Bihar Deputy Chief Minister Sushil Kumar Modi-led ministerial panel on incentivising digital payments under GST will meet on May 11.

Panel on incentivising digital payments under GST to meet on May 11

The GST Council had last week discussed giving a concession of 2 per cent in GST rate.

08 May 2018 3:39 PM

Data localisation critical for security of India's payment systems: Paytm

The operators have been given six months' time to comply with the directive of the central bank.

30 Apr 2018 5:10 PM

Paytm, announced the launch of its offline payments solution - the Paytm Tap Card.

Paytm introduces 'Tap Card' offline payments solution

The company's vision is to provide seamless payments solutions for non-internet customers.

28 Apr 2018 10:32 AM

Gifting industry expected to touch USD 84 billion by 2024

The gifting industry in the country is expected to touch USD 84 billion by 2024 from USD 65 million, at present.

22 Apr 2018 5:46 PM

Jio's partnership with Sodexo will further Jio's endeavor to deliver benefits of evolving digital technologies to every Indian. (Photo: AFP)

Jio, Sodexo join hands to accelerate digital transformation

Jio Money solution will be enabled at all Sodexo accepting merchants nationally over a period of time.

13 Apr 2018 8:35 AM

MobiKwik, on Tuesday announced its partnership with Microsoft for powering digital payment services.

MobiKwik, Microsoft team up to enable digital payments services

The ease of using Microsoft Kaizala, even in areas with limited internet connectivity, is the biggest benefit.

03 Apr 2018 2:03 PM

In December last year Paytm had contributed 33 million to the overall transaction volume for UPI.

Paytm registers 68 million UPI transactions in February

Paytm UPI IDs are also accepted across all banks and BHIM UPI apps, making Paytm a comprehensive payments system.

02 Mar 2018 3:23 PM

We have adopted a certain ignorant behavior towards the safety concern for digital payment, and this behavior of ours has costed us in several ways which we are not even aware of.

How safe your money is in the era of cyber frauds?

The entire world is connected through a web of the internet, from our social media accounts to our finance, everything is done by internet.

18 Jan 2018 8:14 AM

RBI came out with the third set of reforms in PPI to make it interoperable with all existing payment instruments.

PPI share in digital payments to rise to 30-40 per cent: PCI

PPIs contribution to digital payments from current share of less than 10 per cent.

12 Oct 2017 8:24 PM

The report also estimates that volumes generated by emerging economies will grow by 19.6 per cent, or three-times the rate of mature economies.

Digital payments to grow at 26 per cent CAGR during 2016-2020: report

India could potentially make its way into the global top 10 markets in terms of non-cash transaction volumes.

11 Oct 2017 12:32 PM

The Payment Gateway supports all major instruments like credit and debit cards, netbanking.

MobiKwik renames its payment gateway

Company is eyeing a significant share of USD 500 billion digital payments market by 2020.

05 Oct 2017 9:32 AM

Finance Minister Arun Jaitley. (Photo: Twitter| @FinMinIndia)

Digital payment bound to pick up with new technology: Jaitley

The app is available now for download on Google Play (Android) and the App Store (iOS).

18 Sep 2017 3:02 PM

Customers are not charged any transaction fee if they transfer money using UPI system or BHIM application.

Airtel Payments Bank starts UPI enabled digital payments

Airtel Payments Bank customers were charged in decimals for transferring money to any other account.

18 Sep 2017 9:31 AM

CAIT has said linkage of digital payments with sale of liquor could also curb black money to a great extent.

Liquor sale should be made only against digital payment: CAIT

Any person purchasing liquor from any shop should be made obligatory to make payment through digital mode.

08 Sep 2017 2:11 PM

With DigiPoS, a merchant can use as many as 12 various digital payment options like UPI, Bharat QR, SMS Pay, PayZapp, Tap & Pay, EMIs.

HDFC Bank launches all-in-one DigiPoS machines

Over next couple of months will convert entire network of over 4.5 lakh PoS machines to DigiPOS.

23 Aug 2017 9:48 AM

Paytm rolled out 'Paytm Postcards', that allows you to send gift money to dear ones.

This festive season, gift cash to loved ones with 'Paytm Postcards'

Alibaba backed Paytm rolled out gift cards on Monday, in tune with Rakshabandhan celebrations.

08 Aug 2017 1:50 PM

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Shobhaa De