New Delhi [India], October 1 (ANI): The Reserve Bank of India (RBI) has made it mandatory for all credit and debit card data used in online, point-of-sale, and in-app transactions to be replaced with unique tokens by September 30 this year. This added layer of security by way of tokenisat
New Delhi [India], September 29 (ANI): Aadhaar usage and adoption continue to grow at a rapid pace with the number of authentication transactions surging to 219.71 crore in August, registering a growth of over 44 per cent when compared with the previous month, according to data released by t
New Delhi [India], September 23 (ANI/SRV): The world's first API Driven Unified Payment Experience Platform (UPE) developed by SabPaisa (SRS Live Technologies), which is a rapidly growing fin-tech company, has observed 100 per cent online and offline transactions and a 50% increase in the Gr
New Delhi [India], September 23 (ANI/PRNewswire): PayU announced today that it has successfully tokenized over 50 million cards to date. PayU has the potential to tokenize 90 per cent of all domestic transactions, as it is live with India's largest payment networks - Visa, Mastercard and RuP
New Delhi [India], September 22 (ANI): In order to promote the Digital India initiative, Indian Railways is facilitating digital methods of transactions for the purchase of food items through catering units at railway stations as 8878 static units are having the facility of digital paymen
New Delhi [India], September 20 (ANI): Union Finance Minister Nirmala Sitharaman on Tuesday said Unified Payments Interface-based transaction is expected to reach one billion per day in the next five years.
New Delhi [India], September 18 (ANI): Delhi Police busted a gang of fraudsters and arrested three people involved in cheating people worth Rs 9,85,000 by hacking into servers and payment gateways of a Nagpur-based retail company.
New Delhi [India], September 17 (ANI): The ACB has found a red diary that contains entries about transactions worth crores of rupees made by Amanatullah's close aides Hamid and Laddan alias Kaushar in the Amanatullah Khan Delhi Waqf Board corruption case.
New Delhi [India], September 8 (ANI/ATK): The past few years have witnessed an increase in the number of industries allowing the use of cryptocurrency for payments and transactions.
Mumbai (Maharashtra) [India], September 7 (ANI): The Reserve Bank of India (RBI) on Wednesday released a list of entities that are not authorised to deal in forex and cautioned the general public not to undertake transactions on unauthorised platforms.
New Delhi [India], September 2 (ANI/ATK): Traditional financial systems are vulnerable to weak economies and geopolitical events, rendering them inefficient and inadequate for modern financial activities. The cryptocurrency market has significantly improved the efficiency and security of mon
New Delhi [India], September 2 (ANI): An average of 90 lakh (9 million) Direct Benefit Transfer payments were processed daily in the financial year 2021-22 and Rs 6.3 lakh crore (Rs 6.3 trillion) being transferred to beneficiaries, a Ministry of Electronics and IT statement said.