The withdrawal of Rs 2,000 banknotes is likely to be a non-event as India has adopted digital payments on a mass scale, said SBI Research in its latest Ecowrap.
Mumbai (Maharashtra) [India], May 22 (ANI/PNN): The ongoing UPI (Unified Payments Interface) revolution has transformed the way India transacts, making it one of the most preferred modes of payment, boosting India's Digital Payments landscape. Digital Payments are gaining prominence over tra
Pune (Maharashtra) [India], May 17 (ANI/BusinessWire India): Bajaj Markets, a subsidiary of Bajaj Finserv, offers travel credit cards that can be great for one's vacation plans. Regardless of when one's holidays are planned; these credit cards offer unique benefits to enhance every traveller
London [UK], May 10 (ANI/PRNewswire): TerraPay, a leading global payments infrastructure company, today announces a strategic equity investment from Visa, a world leader in digital payments. In addition, the companies are collaborating to connect Visa solutions to the TerraPay network to hel
Mumbai (Maharashtra) [India], May 9 (ANI/NewsVoir): The 15th edition of Digital Money 2023, organized by the Payments Council of India (PCI), concluded on a high note, with discussions around the landscape of digital payments in the country. The flagship conference brought together industry
Mumbai (Maharashtra) [India], May 4 (ANI/NewsVoir): India's oldest and largest conference on digital payments, Digital Money, is back with its 15th edition. The conference is being organised by the Payments Council of India (PCI), in association with Lyra India, on Monday, May 08, 2023, at T
Kanpur (Uttar Pradesh) [India], May 4 (ANI/PRNewswire): The rapid evolution of FinTech, fueled by increasing availability of digital platforms, big data, artificial intelligence (AI), and blockchain technology, is transforming the traditional finance industry. This transformation is enabling
Prime Minister Narendra Modi on Friday said that India is number one in digital payments and is one of the countries where mobile data is the cheapest.
In terms of UPI, Person-to-Merchant (P2M) and Person-to-Person (P2P) are the most preferred payment modes among consumers with a market share of 40 per cent and 44 per cent in terms of transactions volume (UPI was 84pc in total), according to Worldline in its India Digital Payments Annual Re
New Delhi [India], March 30 (ANI/SRV): NPST over the last 18 months has focused on consistent growth and catapulted its product and service offerings by filling in the widest gap in the Fintech Domain - the role of end-to-end, B2B2C ecosystem and tech.
The National Payments Corporation of India (NPCI) cleared the air on Wednesday about the recently introduced interchange charges, saying they are only applicable for the prepaid payment instruments (PPI) transactions and there is no charge to customers.
Speaking at the Payment System Operators (PSO) Conference in Kochi on Saturday, the government said, "Availability and affordability of an expeditious grievance redress mechanism is of utmost importance to ensure public trust in digital payments."