Ahmedabad Municipal Corporation has made it mandatory to accept digital mode of payments through Unified Payment Interface (UPI) and other platforms. Following this new order, Cash on Delivery (COD) will not be permissible from May 15 making it mandatory for home delivery payments to be cashless.
An increase in digital payments in India during the Coronavirus lockdown will benefit 4G/mobile penetration
Fintech major Paytm on Tuesday said it has witnessed a massive surge in digital payments as more people work from home, avoid venturing out and touching cash to stop the spread of coronavirus.
Cash-strapped Yes Bank has been put under moratorium by the Reserve Bank of India (RBI) and capped withdrawal limit for depositors to Rs 50,000 for at least a month, here's what a cash-strapped bank's customer must know.
The UPI platform was launched before demonetisation in 2016 and has taken digital payment to a new height. Users across the globe can transfer money online without entering their bank account number.
The Reserve Bank of India on Monday directed all state-level bankers' committees to find out one district each on a pilot basis to expand digital payments ecosystem.
At its meeting on Sunday, the panel has decided to wait for stabilisation of revenues under GST and the new return filing systems in the current financial year, before considering differential GST rates for people making payments using the digital mode.
Facebook has no plans as of now to bring digital payment facility to its Messenger application in India, informed sources said on Thursday.
Users can pay their mobile, landline telephone, electricity, gas, water and DTH bills using the feature which is facilitated by the National Payments Corporation of India's (NPCI) Bharat Bill Payments System (BBPS).
The government could withdraw the cheque book facility to push debit and credit card transactions, a senior trade body official said.
Global payment solutions company Visa today said there is a high inclination among Indian consumers to embrace new forms of payments, according to a study.
Mobile wallet interoperability will allow a Paytm user to transfer and receive funds from a FreeCharge or MobiKwik user.
Even though 65 % of rail passengers prefer digital payments while buying a ticket, 50 % of the train tickets are still bought in cash.
Airtel Payments Bank on Sunday said it has become the first payments bank in India to integrate the Unified Payments Interface (UPI) on its digital platform
India has been categorised under the "break out" segment among 60 countries that have relatively lower absolute levels of digital advancement, yet remain poised for growth
There has been an increase of 584 per cent in digital transactions done through the Unified Payments Interface (UPI) since demonetisation in November last year, said an official release on Thursday.
Money lost due to fraudulent transactions as a result of theft, burglary, loss of device or unauthorized access of user’s Paytm wallet will now be refunded
Brian Acton, co-founder of popular messaging app WhatsApp, on Friday called on IT Minister Ravi Shankar Prasad to discuss ways in which the company can contribute to India's vision for digital commerce.
In a scheme under Niti Aayog to promote digital payments, more than 8 lakh people have been awarded a total of Rs 133 crore in the last one and a half months. The prizes were
South Korean tech giant Samsung is planning to launch its mobile payment wallet in India in the first half of 2017, media reports said.
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