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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 12:42 PM IST

The privatisation of loss-making Air India has hit a roadblock at the starting line-up itself.

Air India seeks additional equity from govt to pay vendors: source

Air India owes about 18 billion rupees to its vendors, including lessors and banks.

30 July 2018 5:49 PM IST

In India, banks will face the maximum pressure on income from card transactions and fees, with free payments putting 8.4 per cent of the payments revenue at risk.

Banks' payments revenues to dent by USD 9 billion by 2025: report

Banks may not be able to garner all the goods for themselves, as the non-bank players become more active in the segment.

31 Oct 2019 5:21 PM IST

Most of the people who dont have credit tend to be lower income, minority or immigrants, and it is a form of discrimination by businesses against them when not accepting cash. (Photo: ANI)

In the age of cashless, city mandates stores to accept cash payments

The bill, effective from July 1, represents the first time a major city is introducing a law mandating businesses to...

10 March 2019 11:37 AM IST

The success of blockchain technology is its power to give a whole new world of transparency while cutting down the unnecessary mediums with its smart contracts.

NPCI mulls using blockchain solution to strengthen digital payments

Promoted by 10 banks in India under the aegis of the IBA, NPCI aims to become the "best payments network globally".

14 April 2019 2:24 PM IST

Mastercard has over USD 4.5 billion worth of investment in India.

RBI says foreign firms can process abroad, but must store data in...

The RBI stuck to its position but clarified that payment transactions can be processed outside the country if the...

27 Jun 2019 7:52 AM IST

Electronic payments has given us a new way to pay, but it must not replace cash payments. (Photo: Pixabay)

Data related to payments to be stored only in India: RBI

In case payment processing is done abroad, data should be deleted there and brought back to India within 24 hours, said...

26 Jun 2019 6:47 PM IST

Paytm has revamped its app to make it even more user friendly and intuitive.

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

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

16 Aug 2019 10:24 AM IST

The Union government, or for that matter, the ministry of finance should not interfere in the functioning and decision-making powers of the RBI. (Photo: AFP)

RBI allows payment of all recurring bills through BBPS

The system will provide multiple payment modes and instant confirmation of payment.

17 Sept 2019 9:05 AM IST

This file photo shows Apples App Store app in Baltimore. (AP Photo/Patrick Semansky, File)

Apple will now offer 'grace period' for lapsed payments

Developers will have the option to offer the 'grace period' for auto-renewable subscriptions.

14 Sept 2019 7:36 AM IST

With Google Pay, the company aims to make mobile payments less confusing. Whenever users make a purchase from Google or from any of its partners, they will see an option for Google Pay.

Students can now use Google Pay as campus ID

The feature is currently supported on Android devices.

11 Jan 2020 9:00 AM IST

At the end of the five-day auction, nearly 60 per cent of the spectrum had remained unsold.

DoT increases spectrum cap, installments for payments

The overall spectrum cap is revised from the current limit of 25 per cent to 35 per cent

20 March 2018 10:28 AM IST