On a quarterly basis, Paytm's net losses have reduced by 11 per cent. The company said robust traction across all its businesses helped it achieve stronger revenue growth, with improvement in Ebitda before Esop cost (improvement of Rs201 crore in last two quarters).
Bank of Baroda (Bank), one of India's leading banks, and Visa, the global leader in digital payments, on Monday announced the launch of two new premium Debit Cards for Bank of Baroda customers - bob World Opulence - a super-premium Visa Infinite Debit Card (Metal Edition) and bob World Sapph
The cumulative number of e-KYC transactions via Aadhaar so far has increased to 1,297.93 crore by the end of September 2022, the statement said. Similarly, Aadhaar-enabled payment system (AEPS) has been an enabler of financial inclusion at the bottom of the income pyramid.
New Delhi [India], October 20 (ANI/PNN): UK-registered asset management company Makkamine Limited, which aims to replace the traditional payment systems with digital payments through Makkamine and identify the best sources to promote metal mining worldwide, has forayed into India.
New Delhi [India], October 20 (ANI): The growth of digital payments in India has been significant, especially over the past couple of years when millions of merchants transitioned towards accepting online payments from consumers. This change in consumer behaviour has led to the massive popul
New Delhi [India], October 14 (ANI/GPRC): Prior to the pandemic, only 33 per cent of B2B payments were electronic, due to a lack of investment in foundational payments infrastructure as well as a lack of compatibility between electronic payment systems. Post COVID, however, real-time speed a
New Delhi [India], October 10 (ANI): Paytm, India's leading digital payments and financial services company and the pioneer of mobile and QR payments, has further strengthened its leadership position in the payments system with its number of deployed devices growing to over 4.8 million.
New Delhi [India], October 1 (ANI): The Reserve Bank of India (RBI) has made it mandatory for all credit and debit card data used in online, point-of-sale, and in-app transactions to be replaced with unique tokens by September 30 this year. This added layer of security by way of tokenisat
New Delhi [India], September 25 (ANI): Rapid expansion of digital infrastructure for over a decade, including the introduction of Aadhaar, and accelerated consumer adoption during the ongoing Covid pandemic had the country reaping benefits on the retail business side.
New Delhi [India], September 22 (ANI): In order to promote the Digital India initiative, Indian Railways is facilitating digital methods of transactions for the purchase of food items through catering units at railway stations as 8878 static units are having the facility of digital paymen
New Delhi [India], September 20 (ANI): Finance Minister Nirmala Sitharaman on Tuesday while addressing the Global Fintech Fest in Mumbai said that India has led the way towards an inclusive financial world through digital payments.
New Delhi [India], September 17 (ANI/GPRC): Iyda Payments, India's one of the most trusted and used rural neo-banking platforms has tied up with Freecharge to make the UPI payments collection easier. It is already transforming the banking sector in the rural areas of the country. Iyda Paymen