Search For "payments"
If FPIs outflows remain constant, India's BoP will be neutral for FY25: Re
Updated : 1 year, 2 months ago IST
India's current account deficit (CAD) widened slightly to USD 11.2bn (1.2% of GDP) in Q2 from USD 10.2bn (1.1% of GDP) in the previous quarter. However, there was a Balance of Payments (BoP) surplus of USD 23.8 billion was there in the first half (H1).
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RBI allows UPI access through prepaid payment instruments for full-KYC thi
Updated : 1 year, 2 months ago IST
This will enable PPI holders to make or receive UPI payments through the mobile application of third-party UPI applications.
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AllThingsDev (atd) Ushers in a New Era of API Discovery, Highlighting AI &
Updated : 1 year, 2 months ago IST
New Delhi [India], December 26: The tech world is abuzz about AllThingsDev, a rapidly growing platform tailored to make discovering, subscribing, and integrating APIs easier than ever. With extensive collections that range from Artificial Intelligence & Machine Learning to Business &
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PayU Integrates LazyPayEMI to Offer Seamless Checkout Solution for Million
Updated : 1 year, 2 months ago IST
New Delhi [India], December 23: PayU, one of India's leading digital financial services providers, has announced the integration of LazyPayEMI solution into its checkout platform. This integration underscores PayU's commitment to enhancing affordability and accessibility in digital payments,
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Nirmala Sitharaman arrives in Jaisalmer a day ahead of GST Council meeting
Updated : 1 year, 2 months ago IST
Sitharaman was welcomed by Rajasthan's Deputy Chief Minister Diya Kumari and other state government officials upon her arrival at the Jaisalmer airport.
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NoPaperForms Wins Deloitte's 2024 Technology Fast 50 India Award Again
Updated : 1 year, 2 months ago IST
New Delhi [India], December 20: NoPaperForms, the leading Vertical SaaS and Embedded Payments Platform for educational institutions, has been recognised as a winner in Deloitte's 2024 Technology Fast 50 India programme. The accolade highlights the fastest-growing technology companies in Indi
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Real-Time Payments Projected to Boost India GDP by $76.5 Billion, Bring Ba
Updated : 1 year, 2 months ago IST
Mumbai (Maharashtra) [India], December 19: Real-time payments boosted India's GDP by $50 billion in 2023, making it the world's largest market in terms of GDP growth, according to the Real-Time Payments: Economic Impact and Financial Inclusion report published by ACI Worldwide (NASDAQ: ACIW)
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Razorpay POS Launches Industry-First AI-Powered 'Razorpay Recon' to Automa
Updated : 1 year, 2 months ago IST
Bengaluru (Karnataka) [India], December 17: With an intent to reform financial data management for businesses, Razorpay POS, the offline payments arm of the fintech major, today announced the launch of 'Razorpay Recon', an industry-first AI-powered reconciliation solution to streamline and a
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UPI achieves 15,547 crore transactions worth Rs 223 lakh crore from Januar
Updated : 1 year, 3 months ago IST
The Unified Payments Interface (UPI) has registered achieved 15,547 crore transactions worth Rs 223 lakh crore from January to November this year, the Finance Ministry said on Saturday.
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ACI Worldwide Scamscope Projects APP Scam Losses in India to Reach INR 49,
Updated : 1 year, 3 months ago IST
Mumbai (Maharashtra) [India], December 12: Authorized push payment (APP) scam losses in India reached INR 37,309 million in 2023 and are projected to grow at a 6% compound annual growth rate (CAGR) to reach INR 49,626 million by 2028, according to the latest Scamscope report from ACI Worldwi
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'India's success with UPI offers replicable model for other nations'
Updated : 1 year, 3 months ago IST
Unified Payment Interface is India's leading digital payment platform. Payments through digital means in India are hitting fresh highs, as its citizens are increasingly adopting the emerging modes of transacting on the internet. Among others, a key emphasis of the Indian government has been
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RBI announces linking of pre-sanctioned credit lines with UPI to enhance f
Updated : 1 year, 3 months ago IST
The RBI proposed extending the scope of pre-sanctioned credit lines via the Unified Payments Interface (UPI) to Small Finance Banks (SFBs).
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