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Digital Money

35% of mobile wallet users face fraud regularly: FIS survey
Phishing and QR/UPI code-related frauds are most common weapons of fraudsters who have also started unleashing crypto-related frauds have also begun
Mobile wallet frauds: Here's how you can safeguard yourself
If a customer is contacted by a fraudster, the incident should be reported to a cyber crime police station immediately, said experts
LIC launches pilot project with RuPay prepaid card
Once the pilot project is complete India’s largest insurer is likely to enter the card business.
Google Pay launches cards tokenisation with SBI, other banks
Google Pay has now added debit cards by SBI, IndusInd Bank, and Federal Bank and credit cards by IndusInd Bank and HSBC India to its slate
Payments System Operators: RBI imposes restrictions on new entities from non-FATF compliant jurisdictions
FATF periodically identifies jurisdictions with weak measures to combat money laundering and terrorist financing activities
Should you take a loan to pay off your credit card dues?
A high interest rate on credit cards, as high as 40-50% per annum, along with late payment fees, is very difficult to handle for any individual
Digital currency: Is India ready for it?
CBDC apart from cryptocurrencies is widely meant to be used as a new payment technology for lowering costs and increasing efficiency.
UPI payments takes a beating in localised lockdowns
First two months of FY22 witnessed a decline in digital payments via UPI facility as the second wave of the pandemic trimmed the economic activities
UPI transactions decline in second Covid-19 wave
PhonePe is the market leader in the market that has about a dozen apps such as Paytm, BHIM app, MobiKwik, Google Tez, Chillr, Paytm Payments Bank, SBI
Five lesser known credit card usage facts
While using a credit card one should be judicious and timely in repayment to avoid the huge charges imposed on delayed payment

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