Jaipur (Rajasthan) [India], May 22: In a landmark development, Getepay, a digital payments and merchant enablement platform, has received final authorization from the Reserve Bank of India (RBI) to operate as a Payment Aggregator (PA) online under the RBI's payment regulatory framework. This
Mumbai (Maharashtra) [India], May 14: PayU, one of India's leading online payments services providers, has announced that it has received the final authorization from the Reserve Bank of India (RBI) to operate as an Online Payment Aggregator under the Payment and Settlement Systems Act, 2007
Ministry of State Home Nityanand Rai on Wednesday said that currently there are no issues with the online payment module on the Delhi Traffic Police website.
The Financial Action Task Force (FATF), the global watchdog for money laundering and terror financing, is considering enhanced disclosures for global credit card transactions and online payment gateways to curb illicit activities, according to government sources.
Bengaluru (Karnataka) [India], September 10: PayGlocal, a leading cross-border payment solutions provider, is thrilled to announce that it has received final authorisation from the Reserve Bank of India (RBI) to operate as an Online Payment Aggregator. This significant milestone allows PayGl
83 per cent of respondents access their digital cards via Google Pay, while 72 per cent use banking apps on Android devices. Looking ahead, 87 per cent of respondents are keen on adopting digital payment cards within the next three years, reflecting an ongoing shift towards digital solutions
Delhi Minister Atishi on Sunday said that the central government would table a proposal to tax any online payments below Rs 2,000 done through payment gateways at 18 per cent, at the GST Council meeting scheduled for Monday.
Nalin Bansal, Chief Relationship Management and Key Initiatives, NPCI, said "While we've achieved significant scale in financial inclusion, penetration remains a challenge, with only 25% of payment users being women, and even fewer in semi-urban and rural areas. Many women's mobile numbers a
Payments through Unified Payments Interface (UPI) reported a 45 per cent yearly growth as per the data made available by the National Payment Corporation of India (NPCI).
According to the observations made by the report, a significant 90 per cent said that they prefer digital payments for online shoping. Similarly, about 50 consumers were found using online payment mathods during their offline purchases.
As per a statement from the Reserve Bank of India (RBI), an agreement was signed by the BIS and the central banks of the founding countries -- Bank Negara Malaysia (BNM), Bank of Thailand (BOT), Bangko Sentral ng Pilipinas (BSP), Monetary Authority of Singapore (MAS), and the RBI on Sunday (