Bengaluru (Karnataka) [India], September 25: Xflow today announced the launch of Compliance Desk, a managed service that allows Indian exporters to outsource the complex compliance requirements tied to cross-border payments. With every foreign inward remittance involving bank-specific paperw
As digital payments become an integral part of everyday life in India, the Reserve Bank of India (RBI) has taken a significant step to enhance the security of these transactions.
The development comes through a partnership between NIPL and Qatar National Bank (QNB), enabling UPI acceptance across Qatar via QR code-based transactions at point-of-sale terminals. The system is powered by NETSTARS' payment solution and is expected to ease transactions for Indian visitors
Mumbai (Maharashtra) [India], September 24: With the advancements in GST reforms, digital payments and financial inclusion, there is a lot happening now. This presents a great opportunity to reimagine how banks, fintechs and payment providers can work together to offer seamless, secure and s
New Delhi [India], September 23: India has become the fastest-growing digital payments market in the world. According to the Reserve Bank of India, digital payments crossed 18,000 crore transactions in FY 2024-25, and projections suggest the market will hit $10 trillion in value by 2026. Fro
Paytm is looking bullish, with Jefferies maintaining a "Buy" rating and hiking its price target to Rs 1,420, indicating a 21% upside from current levels. As of today, Paytm's stock price is around Rs 1,197.
Real-time A2A payments are gaining critical mass, and their growth is likely to moderate at 4 per cent annually over the next five years, noted a research report by Boston Consulting Group (BCG). The report, however, adds that India's UPI now powers over 19 billion transactions monthly.
In an industry-first initiative, Jio Payments Bank Limited, a subsidiary of Jio Financial Services announced on Monday the launch of 'Savings Pro', an innovative feature that enables customers to earn more from idle surplus funds in their Jio Payments Bank account, through automated investme
Mumbai (Maharashtra) [India], September 19: In a move that reinforces India's fintech leadership, PayRupy has partnered with BRISKPE, a licensed Payment Aggregator - Cross Border (PA-CB), to provide an integrated global payments platform. The partnership delivers a one-stop solution for dome
Paytm (One 97 Communications Limited), India's full stack merchant payments leader, is showing steady momentum across its core business of Payments, Soundbox, and Merchant Lending business, according to a recent report by BofA Global Research.
Mumbai (Maharashtra) [India], September 18: PayU, the payments and fintech business of Prosus, announced today that it is increasing its stake in Mindgate, a pioneer in real-time payments technology, transitioning from a strategic minority investor to a majority shareholder with a total hold
Mumbai (Maharashtra) [India], September 17: Paymentz, a leading RBI-authorized payment aggregator, has partnered with Consentin by Leegality to implement end-to-end Digital Personal Data Protection (DPDP) compliance across all its platforms.