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Built on the Indian government-supported Unified Payments Interface (UPI), Tez allows users, free of charge, to make small or big payments straight from their bank accounts.

406 million UPI transactions worth Rs 59,835 cr clocked in September...

About 312.02 million UPI transactions totalling Rs 54,212.26 crore were clocked in the month of August 2018.

1 Oct 2018 11:48 AM GMT

Over 10 lakh offline merchants across India accept Paytm for payment including taxis, autos, petrol pumps, grocery shops, restaurants, coffee shops, multiplexes, and parking.

Paytm to invest Rs 500 crore to create digital awareness

Paytm is hoping to cover one crore merchants across the country in the next three to six months.

26 Jan 2018 4:51 AM GMT

Digital payments by mobile wallets bring in convenience with a few clicks, tendering exact change, and so on.

NPCI's digital payments platform transactions jump in Dec

Transactions on UPI rose exponentially post July last year, when the number was 11.44 million.

5 Jan 2018 5:42 AM GMT

Four banks will join United Payments Interface (UPI) - which powers the payments service - for WhatsApp, NPCI said.

WhatsApp to go ahead with 'full feature' money transfer service in...

WhatsApp launched a limited service in India, where it has more than 200 million users, last week.

17 Feb 2018 7:12 AM GMT

Rival digital payments services have pointed out exceptions that have been applied to WhatsApps service.

NPCI gives consent to WhatsApp Payments for BHIM UPI

Other digital payment wallet services broke their silence by leaning on Paytm's claim.

17 Feb 2018 2:42 AM GMT

As a part of the Digital India initiative, myriad e-governance measures are being implemented and many government departments have found their way to a strong online presence.

IRCTC Rail Connect, Chhattisgarh's 'Khanij online' win National...

Railways collected revenue of over Rs 5,800 crore in 2018-19 (till December 2018) through the App.

26 Feb 2019 8:51 AM GMT

Bhim started losing its market share in July 2017 as it dropped from over 45 per cent to around 40 per cent in a months time.

Bhim may arrest slide in market share

In February 2017, Bhim app had close to 50 per cent market share of the UPI transactions.

26 March 2019 7:51 PM GMT

Govt to enable access of multiple account linking on BHIM app

The official said the next version of BHIM will give full-fledged competition to private payment platforms.

6 Aug 2019 1:32 PM GMT

Paytm has updated its app to launch Indias first APP POS, which will democratise digital payments. (Photo: Representational Image)

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.

2 March 2018 9:53 AM GMT

Prime Minister Narendra Modi said he was happy to see CEOs of many important companies are looking at India with confidence. (Photo: ANI | Twitter)

Launch of RuPay, BHIM in Singapore, represents our renewed...

Singapore PM Lee Hsien Loong said the defence ties between India and Singapore have strengthened.

1 Jun 2018 6:01 AM GMT

UIDAI former chairman Nandan Nilekani

15-20 pc consumption expenditure will become digital in 1 year:...

Nilekani said banks will also witnessed changes from point of view of the transactions fee.

20 Jan 2017 5:11 AM GMT

The new government-sponsored payments app named Bharat Interface for Money (BHIM) created by the National Payments Corporation.

Data privacy needs much better safeguards

BHIM was launched to make cashless transactions more accessible and has crossed 17 million downloads already.

16 March 2017 9:06 PM GMT