Payments

A 24x7 helpline for digital payments has also been set up. The RBI has launched UPI123Pay which allows feature phone users to make payments through UPI without the need for internet. Rural Access The need for such a feature arose…

A lot is riding on Tata’s consumer digital push.  Tata Group may launch its “super app” as soon as next month, developed to go head-to-head with rivals including Jio Platforms and Amazon. Nearing Launch The app, called TataNeu,…

Amazon, Uber, Swiggy & Others Banned From Storing Card Details, Only Tokens Allowed: How Will It Work? (Tokenization Guide) Indian digital payments ecosystem is witnessing a huge overhaul in recent years. UPI payments are increasing…

We all know what Google Pay is and easy it has made the lives of millions of people throughout the world. Within the blink of an eye, the money can be transferred from one bank account to another bank account, without any hassle. With…

On Saturday, the fintech arm of Amazon India, Amazon Pay revealed that it has on boarded close to 5 million merchants across its various payment solutions. Also in order to simplify payment needs of small and medium enterprises, it…

New Rules For Cheque Payments From January 1: Re-Verification Of All Cheques Above Rs 50,000 Some time back, the Reserve Bank of India (RBI) decided to introduce the 'positive pay system' for cheque payments which will come into effect…

Currently with over a dozen of them operating in the Indian digital space, WhatsApp has a huge advantage over the others with its massive user base. WhatsApp Payments will be going against some of the top-performing digital payments…

After Bharti Airtel launched its payments bank in January, Idea cellular has set itself a June threshold to launch payments bank operations. Interestingly, Vodafone was rumoured to go live with their payments bank in March 2017,…

The first wave of digital transactions was created by credit/debit cards. Then came mobile wallets and now, it is the messenger apps which will form the next wave of growth in digital transactions. In China, for instance, third party…

Korean electronics manufacturer, Samsung Mobile, was testing its NFC-enabled payment solution, Samsung Pay in India. Today, the company has finally unveiled this payment platform in India for select few Samsung Galaxy Android…