Reserve Bank of India (RBI) Governor Sanjay Malhotra shared a brief overview of India's Digital Public Platform (DPP) ecosystem on the side-lines of the Annual Meetings of the World Bank and International Monetary Fund (IMF) in Washington, D.C.
Mumbai (Maharashtra) [India], October 16: Lxme, India's leading financial platform for women, has announced the launch of LxmePay, the country's first Unified Payments Interface (UPI) exclusively for women. Designed to transform everyday transactions into powerful financial opportunities, Lx
The company stated that these related-party transactions have been undertaken at fair market value in compliance with SEBI's Listing Obligations and Disclosure Requirements
New Delhi [India], October 14: Managing business expenses has always been one of the most challenging aspects for organisations, regardless of their size. Keeping track of every transaction, ensuring compliance with policies, and reducing unnecessary costs can feel overwhelming if done manua
New Delhi [India], October 14: In today's fast-paced digital economy, enterprises face pressure to process large transaction volumes efficiently. Payment delays affect cash flow and customer satisfaction. PayU offers a solution for businesses managing high-volume transactions.
Despite the massive surge in digital payments across the country, cash continues to hold a strong position in India's payment ecosystem, accounting for nearly half of all transactions.
An RBI release said that Authorised Dealer (AD) banks in India and their overseas branches can now lend in Indian Rupees to individuals and institutions in Bhutan, Nepal, and Sri Lanka, including banks in these jurisdictions, to facilitate cross-border trade transactions
The growing adoption of India's Unified Payments Interface (UPI) in France has not only enhanced the convenience of digital transactions for visitors but has also led to a significant increase in the number of Indian tourists visiting the country, according to Christophe Mariette, Chairman o
Noting that today about 50 per cent of the world's real-time digital transactions take place in India, Prime Minister Narendra Modi said on Thursday that combining the UK's expertise in financial services with India's Digital Public Infrastructure (DPI), can create immense benefits for all o
Prime Minister Narendra Modi, addressing the Global Fintech Fest in Mumbai, highlighted India's fintech leadership, digital innovation, and inclusive governance. He praised UPI, ONDC, and OCEN for empowering small businesses and noted that half of the world's real-time digital transaction
Noting that nearly 50 per cent of the world's real-time digital transactions are taking place in India, PM Modi said on Thursday said that there is no area in which India and UK cannot expand cooperation and combination of India's talent and scale and the UK's Research and Development and
In a significant move aimed at boosting the security and efficiency of digital payments, Razorpay has introduced biometric authentication for card-based transactions, eliminating the need for one-time passwords (OTPs). The fintech company has partnered with Yes Bank to roll out this new feat