Search For "payments"
Mastercard demonstrates readiness for a new era of AI-powered payments
Updated : 3 weeks, 4 days ago IST
Mastercard demonstrates readiness for a new era of AI-powered payments as the financial technology sector shifts toward automated, conversational commerce. Speaking to ANI at the sidelines of the India AI Summit 2026, Gautam Aggarwal, President, India & South Asia, Mastercard, stated
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NPCI launches FiMI AI model to power UPI support services
Updated : 3 weeks, 4 days ago IST
The National Payments Corporation of India (NPCI) has announced the launch of FiMI, a specialised artificial intelligence language model created specifically for the Indian payments sector.
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PhonePe powers 47.19 million merchants with comprehensive Digital Payment
Updated : 3 weeks, 4 days ago IST
PhonePe's merchant platform has achieved significant scale and engagement, with Daily Active Merchants (DAM) as a percentage of Monthly Active Merchants (MAM) reaching 60.77% as of September 2025, up from 44.18% in March 2023.
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AI-Powered Finance to reshape India's payments landscape, says Founder and
Updated : 3 weeks, 4 days ago IST
Artificial Intelligence (AI) will play a transformative role in reshaping the payments ecosystem by embedding intelligence into digital finance, said Adelia Castelino, Founder & Managing Director In-Solutions Global.
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IDFC FIRST Bank launches FD backed Hello Cashback Credit Card with up to 5
Updated : 3 weeks, 5 days ago IST
Mumbai (Maharashtra) [India], February 16: IDFC FIRST Bank launches Hello Cashback Credit Card, a fixed-deposit-backed offering designed to make credit more accessible for digitally savvy customers, especially young adults aged 18+ with online-first and UPI-led spending habits. The card enab
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UPI preferred mode of transaction at 57%, surpassing cash at 38%: Survey
Updated : 3 weeks, 5 days ago IST
Unified Payments Interface (UPI) has emerged as the most preferred mode of transaction, accounting for 57 per cent, surpassing cash transactions at 38 per cent, primarily due to ease of use and instant fund transfer capability, according to a survey.
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Pakistan's road lifeline sinks deeper into debt despite higher tolls
Updated : 3 weeks, 5 days ago IST
Pakistan's highway authority has become the federal government's largest financial burden, with losses exceeding PKR 2 trillion and liabilities nearing PKR 3.1 trillion, Dawn reported. Despite higher toll revenues and fresh government loans, deficits persist as rising interest costs, expense
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NPCI launches 'UPI One World' wallet service for foreign delegates at Indi
Updated : 3 weeks, 5 days ago IST
The National Payments Corporation of India (NPCI) has extended its 'UPI One World' wallet service to international delegates attending the India AI Impact Summit 2026. This pilot initiative is available to visitors from over 40 countries participating in the summit held at Bharat Mandapam
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Despite surge in digital payments, paper money circulation at record level
Updated : 3 weeks, 5 days ago IST
Cash use in India remains strong and currency in circulation has reached a record high despite the rapid rise in digital payments, mainly due to higher consumption, lower interest rates, and the replacement of Rs 2000 notes, according to a report by State Bank of India (SBI).
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DBS is First Bank in Asia Pacific to Pilot Visa Intelligent Commerce for E
Updated : 3 weeks, 5 days ago IST
Singapore, February 16: DBS Bank, Southeast Asia's largest bank and Visa, a global leader in digital payments today announced their ongoing collaboration to drive the future of agent-initiated payments via a joint pilot under Visa Intelligent Commerce (VIC). VIC brings together a comprehensi
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Kerala to launch India's first graphene policy to become global tech hub
Updated : 4 weeks ago IST
As the first step, the Union Cabinet has approved the Grefine Park. Kerala Industries Minister P Rajeev outlined a series of strategic incentives to attract both domestic and global investors, including a 50% subsidy on lease payments for manufacturing units established in government-mana
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SEBI, NSDL Launch Auto Rickshaw Campaign to Promote Investor Verification
Updated : 4 weeks ago IST
Mumbai (Maharashtra) [India], February 14: The Securities and Exchange Board of India (SEBI), in partnership with the National Securities Depository Limited (NSDL), has launched a multi-city investor awareness campaign using auto-rickshaws to promote verification before making securities
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