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Digital payments to likely grow at 30-35% for Fino Payments Bank versus 25% sectoral growth, says Rishi Gupta, MD & CEO

Digital payments to likely grow at 30-35% for Fino Payments Bank versus 25% sectoral growth, says Rishi Gupta, MD & CEO

Wed, Jan 05, 2022

Fintech and digital payments sector is going to tread well this year as the previous year saw a growth despite COVID-19 due to digitalisation, said Rishi Gupta, Managing Director & Chief Executive Officer at Fino Payments Bank.

Safe Transaction: Mastercard, Google Pay together roll out tokenization for card-based payments

Safe Transaction: Mastercard, Google Pay together roll out tokenization for card-based payments

Tue, Dec 21, 2021

Mastercard and Google today announced the rollout of tokenization that will enable Google Pay users to safely transact using their Mastercard credit and debit cards without any hassles.

WHOPPING! Digital transactions grow 80% in last 250 days in India – Check this Razorpay report

WHOPPING! Digital transactions grow 80% in last 250 days in India – Check this Razorpay report

Mon, Aug 09, 2021

Digital transactions have grown by 80 per cent in the last 250 days in India and the home services industry (such as carpentry, plumbing and more) has started to embrace digital payments, making transactions grow by a mighty 138 per cent, a new report showed on Monday.

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Paytm users alert! Now, you have to pay 2 per cent fee for adding money to wallet from this method

Paytm users alert! Now, you have to pay 2 per cent fee for adding money to wallet from this method

Sun, Oct 18, 2020

It's an important news for you if you use Paytm and add money to e-wallet using a credit card.

UPI likely fastest digital product to hit 1 billion transactions-a-month, report claims

UPI likely fastest digital product to hit 1 billion transactions-a-month, report claims

Fri, Feb 28, 2020

Unified Payments Interface (UPI) is the fastest product to hit 1 billion transactions-a-month in 2019, according to a report by Worldline India; UPI facilitated transactions worth INR 18.36 trillion, up 214 pct from 2018

At 94 pct debit cards lord it over Indian card business, report says

At 94 pct debit cards lord it over Indian card business, report says

Thu, Feb 27, 2020

Debit cards own about 94% of total cards issuance share according to 'the India Digital Payment Report' published by Worldline India, taking a lion's share of the card business in India

RBL Bank vs HDFC Bank vs SBI vs Axis Bank vs ICICI Bank: Banks in rush to serve customers vis PoS

RBL Bank vs HDFC Bank vs SBI vs Axis Bank vs ICICI Bank: Banks in rush to serve customers vis PoS

Thu, Feb 27, 2020

Digital Payment in India: RBL Bank, HDFC Bank, SBI, Axis Bank and ICICI Bank emerged as top 5 in 2019

UPI, debit cards, credit cards, IMPS: How Indian consumers paid in 2019

UPI, debit cards, credit cards, IMPS: How Indian consumers paid in 2019

Thu, Feb 27, 2020

Digital Payment in India: Indian consumers are gradually moving to digital payment modes, a Worldline report says; an on-year increase in adoption of traditional as well as new retail payment products seen

Digital transactions become easy! Now, make instant cashless payments via UPI on Vyapar app

Digital transactions become easy! Now, make instant cashless payments via UPI on Vyapar app

Mon, Aug 26, 2019

The free billing, inventory and GST software application, Vyapar has enabled UPI payments (Unified Payment Interface) to complete digital payments. The partnership will now allow merchants or users to pay digitally using UPI payment option through the Vyapar App.

Cashless Drive! Budget 2019 confirms government’s continuous focus on digital payments, says NCPI CEO Dilip Asbe

Cashless Drive! Budget 2019 confirms government’s continuous focus on digital payments, says NCPI CEO Dilip Asbe

Fri, Jul 05, 2019

Asbe believes, in next 5 year, with RBI and government efforts, India could emerge as innovation hub for digital payments.

Digital payments company Paytm says not charging extra for digital transactions

Digital payments company Paytm says not charging extra for digital transactions

Mon, Jul 01, 2019

Digital wallet Paytm on Monday refuted reports that it is going to charge users extra amount for digital transactions on its platform.

Are you carrying out a money transaction digitally? Find out which is better - UPI vs IMPS

Are you carrying out a money transaction digitally? Find out which is better - UPI vs IMPS

Wed, May 22, 2019

One of the charms for using digital payment apps is that they are hassle free.

Digital transactions on rise in Jharkhand

Digital transactions on rise in Jharkhand

Mon, Mar 11, 2019

Digital transaction is on the rise in the tribal state of Jharkhand with the number of net banking users growing more than 4 lakh in the last one year, according to a report released here on Monday.

Digital transactions in India could be worth $1 trillion annually by 2025, says a report

Digital transactions in India could be worth $1 trillion annually by 2025, says a report

Tue, Mar 13, 2018

Digital transactions in India: Mass adoption of e-payments and a thriving fintech scene, combined with regulatory policy, are set to propel India into a leading position in the global payments landscape, it said adding unified payments interface (UPI) transactions are a key driver of greater financial inclusion.

This UPI solution to ensure real-time fraud prevention

This UPI solution to ensure real-time fraud prevention

Fri, Mar 09, 2018

UPI-enabled transactions crossed the 151.7 million mark in January, undergoing a 4% increase from the 145.5 million transactions registered in December 2017.

‘Data breach’ at PNB! 10,000 credit and debit cards details affected: Report

‘Data breach’ at PNB! 10,000 credit and debit cards details affected: Report

Fri, Feb 23, 2018

PNB fraud: The discovery of fraudulent transactions and data breach highlight the weak operational controls and corporate governance at the Punjab National Bank.

Amazon allows shopping upto Rs 10,000 through UPI apps

Amazon allows shopping upto Rs 10,000 through UPI apps

Tue, Feb 20, 2018

A customer can register through any of the UPI apps like BHIM, and enjoy payment facility on Amazon using his/her ID.

Do you know credit cards can help you save big on fuel purchase

Do you know credit cards can help you save big on fuel purchase

Thu, Feb 15, 2018

Petrol and diesel price revision in various cities are determined by global crude rates, rupee-dollar exchange rate along with excise duty and VAT levied by the ministry and the state government.

Will govt take measures to upgrade digital infra in Budget 2018?

Will govt take measures to upgrade digital infra in Budget 2018?

Thu, Jan 25, 2018

Transactions through digital means rose 6.05% to 1.06 billion in December 2017 from 997.1 million in November.

RBI rationalises framework for Merchant Discount Rate; details you need to know

RBI rationalises framework for Merchant Discount Rate; details you need to know

Wed, Dec 06, 2017

Performance debit card transaction at point of sales (POS) terminal has seen major boost after the announcement of demonetisation drive.

Cheque, cash transactions moderate post demonetisation: RBI study

Cheque, cash transactions moderate post demonetisation: RBI study

Sat, Nov 25, 2017

Demonetisation were meant for flushing out black money, eliminate Fake Indian Currency Notes (FICN), to strike at the root of financing of terrorism and to give a big boost to digitalisation of payments to make India a less cash economy.

RBI study claims major drop in cash payments after note-ban

RBI study claims major drop in cash payments after note-ban

Sat, Nov 25, 2017

The government had on November 8 last year surprisingly cancelled all the banknotes in the Rs 1,000 and 500 denominations, which was around 86% of the money in circulation, with multiple objectives.

Card transactions soar 84% in to Rs 74,090 crore: Study

Card transactions soar 84% in to Rs 74,090 crore: Study

Sun, Nov 19, 2017

The transaction volume at all points of sale (POSes) clipped higher by 86% to 378 million in September this year over the same period last year when it stood at 203 million, European payment solutions provider Worldline said in a weekend report quoting the Reserve Bank data.

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