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Printing of Rs 2,000 currency notes halted: Government must continue its fight against black money, cash hoarders and counterfeiters
Post-demonetisation in 2016, critics had pointed out that the move to have Rs 2,000 notes defeated the very purpose of fighting black money by withdra
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Central Bank Digital Currency may increase financial transparency, reduce bank frauds
Hiding one's financial transactions will become very difficult with CBDC, experts suggest
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In merchant push, Paytm turns smartphones into POS machines
Paytm Smart POS transforms a smartphone into a device that accepts debit and credit card payments just like a normal Electronic Data Capture machine
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Here’s why banks are still laggards in the UPI payments race
As PhonePe, Google Pay and Paytm sprint ahead and conquer 94% of the UPI-led retail digital payment market, India’s leading banks struggle to catch
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Boost for contactless transactions: SBI Payments, NPCI come up with this new feature
Merchants will now be able to accept contactless payments of up to Rs 5,000 through a simple tap and pay mechanism on their smartphones
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UPI payments record highest growth at 185% in 2020-21
Digital payments in India grow faster as economy gets back on the growth curve but the pandemic refuses to relent
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Why is RBI creating a private-led digital payment backbone?
As India clocks unprecedented growth in digital retail payments, the central bank wants to minimise concentration risk and promote innovation and comp
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Banks’ low profitability, weak asset quality pose difficulty in boosting digitisation: S&P
New Delhi: S&P Global Ratings said India’s banking system’s low profitability and weak asset quality present some difficulties in sign
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What is UPI and how does it work?
UPI is a single platform that merges various banking services and features under one umbrella. It allows the transfer of money from one bank account t
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Here are India’s most-preferred digital wallets
Over the past few years, digital payments have witnessed tremendous growth in India. This growth has been largely driven by digital wallets and Unifie
