Visa was established in 1958; Mastercard in 1966 and American Express in 1850. Ever since the concept of debit and credit cards came into existence in India (somewhere between 1986-87), these three cashless payment processing companies had…
Digital payment platform UPI, which has been conceptualized and created in India is right now unstoppable. National Payments Corporation of India or NPCI, the creator of UPI has shared numbers for the month of October, the growth rate is…
While Paytm, India’s biggest mobile app has claimed 100 crore monthly sessions, and mind boggling 290 billion transactions a month, UPI too has claimed a big victory with 30 crore monthly transactions.
After reckoning the Indian smartphone market, Xiaomi is now all set to enter different segments of the Indian market. Last year the company gave out a brief on its upcoming plans in India, and Xiaomi Payments Bank is a part of it.
Paytm Mall has informed us that they are aiming for Rs 70,000 crore business by March, 2019. And, they have claimed to process Rs 24,500 crore worth of annualized gross sales by the end of June, 2018.
RBI governor Urjit Patel, State Bank of India (SBI) chairman Rajnish Kumar and Nandan Nilekani, the non-executive chairman of Infosys were present during the launch.
GST Council has finally approved the long-pending demand for incentives on cashless payments of GST, for the customers. However, at the same time, Govt has withdrawn 66% discount on cashless payments for buying petrol and diesel.
We are receiving fresh numbers pertaining to UPI payments in India, for the month of July, and there are some major surprises in store.
This immediate ban on Aadhaar powered cashless payments has been approved by a steering committee, which includes 18 banks and non-bank financial entities such as State Bank of India, HDFC Bank, Citibank, Maharashtra Gramin Bank, One…
NPCI_BHIM, the official Twitter handle of NPCI informed the nation that on Wednesday, total of 1 crore transactions were processed by them.