Payments

PayU can now onboard new merchants to provide them digital payment servicesNew Delhi: Fintech firm PayU has received an in-principle approval from the Reserve Bank to operate as a payment aggregator, the company said on Wednesday.In January 2023, RBI...

The 'UPI Switch' will also enable 5 times faster access to UPI (Unified Payments Interface) innovations for businessesNew Delhi: Fintech company Razorpay on Tuesday launched its own UPI infrastructure with 'UPI Switch', a cloud-based innovation in partnership with Airtel...

"Equipped with a high-definition touchscreen display, 4G and Wi-Fi connectivity, and powered by the latest Android operating system, BharatPe One delivers enhanced performance and securityNew Delhi: Indian fintech major BharatPe on Tuesday launched BharatPe One, an all-in-one payment product...

Paytm founder and CEO Vijay Shekhar Sharma said that the advanced soundboxes offer better sound quality and battery lifeNew Delhi: Paytm on Monday launched two Made-in-India soundboxes for UPI and credit card on UPI payments.Paytm founder and CEO Vijay...

The payments ecosystem in India includes online PAs and PAs, which facilitate face-to-face/proximity payment transactionsNew Delhi: The Reserve Bank on Tuesday came out with draft guidelines to further strengthen regulations on payment aggregators, a move aimed at boosting the...

Simpl also aims to expand the online khata experience on Zepto Pass which is a loyalty program from the company New Delhi: Bengaluru-based one-tap checkout network Simpl aims to increase its checkouts on quick commerce company Zepto to 100 million...

Neopay Terminals is available across a wide array of retail stores, dining outlets, as well as tourist and leisure attractionsNew Delhi: Fintech firm PhonePe App users travelling to the UAE can now make payments using UPI at Mashreq's Neopay...

UPI users can scan QR codes to make payments to Nepalese merchants, an official statement saidNew Delhi: The NPCI on Friday announced that Unified Payment Interface (UPI) is now live in neighbouring Nepal.This follows a tie-up between the National...

The Reserve Bank of India on January 31 barred Paytm Payments Bank Ltd (PPBL) from accepting deposits, credit transactions, or top-ups in any customer accountsNew Delhi: As many as 80-85% of Paytm wallet users will not face any disruption...

The partnership aims to introduce a co-branded prepaid card that can be used at all Patanjali storesNew Delhi: Haridwar-based multinational conglomerate Patanjali Ayurved Ltd. has partnered with Mumbai-based digital payments brand Ongo to launch open-loop co-branded prepaid cards, a...

At present, internet banking transactions are processed through payment aggregatorsMumbai: Reserve Bank Governor Shaktikanta Das on Monday said an interoperable system for Internet banking will be launched in 2024.At present, internet banking transactions are processed through payment aggregators (PA),...

LocalCircles on Sunday said the survey received over 34,000 responses from citizens in over 364 districts, comprising 67% of male respondents and 33% of womenNew Delhi: A majority of people will stop using UPI if a transaction fee is levied...

The move assumes significance as Paytm Payments Bank Limited (PPBL) is under the RBI's lens over persistent non-compliance and continued material supervisory concernsNew Delhi: Amid RBI's action on its associate firm, One 97 Communications on Friday said the board has...

Pocket UPI allows users to make UPI payments through MobiKwik Wallet without linking their bank accountNew Delhi: MobiKwik has announced a new feature on its platform, 'Pocket UPI', which the fintech company said will enable users to have enhanced...