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Govt keen on survey to measure popularity of UPI
UPI transactions have crossed the 10 billion mark in both August and September. The number of transactions this financial year has witnessed a steady
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Disruption in recurring payment anticipated as banks hurry to meet new norms
New RBI rules state banks should send a pre-debit notification to customers at least 24 hours before initiating auto-debit transactions.
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UPI auto pay: Loan, rent payments, subscriptions made easier
UPI Autopay offer customers the facility to make recurring transactions below Rs 5,000 through various UPI-linked apps.
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Visa in works for an offline payments technology using debit cards
This offline payment technology will improve financial inclusion in rural India where there has been a major issue of internet connectivity.
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After ICICI, SBI offers EMIs on online & debit card payments
Transaction up to Rs 1 lakh is eligible for this EMI facility with tenures of 6/9/12/18 months.
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No need to remember 16-digit card number for online payment: PCI
The industry and PCI are working along with the RBI to develop secure card on file solutions that will ensure a similar customer experience.
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India’s e-commerce market to surge 84% to $111 bn by 2024: Report
The report noted that countries, including India, have seen a shift in consumer behaviour caused by COVID-19, and new payment trends are shown to be o
