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Mandatory linking of e-invoice with e-way bill may cause operational disruption: Experts

The move was initiated after the mismatch in e-way bills and e-invoice statements was noticed in several casesKolkata: Mandatory linking of e-invoice with e-way bill, applicable from March 1 for certain types of transactions, may cause disruption in operation...

UPI, Credit to further drive digital payments in e-commerce: Experts

According to experts speaking at the Internet Commerce Summit, international adoption of UPI, increase in transaction limits and credit offered by e-commerce players are the hallmarks of the digital payments evolution Bengaluru: Notable changes are on the cards for Unified Payments...

Amazon Pay launches sign language video KYC service

The service enables two-way video communication in sign-language between Amazon Pay employees and customers Bengaluru: Online payments processing service Amazon Pay has launched a video sign language know your customer (KYC) service for its hearing and speech impaired customers, the company...

Alternative payments account for 60% of e-commerce market in India: Report

Over the last five years, alternative payment solutions like Amazon Pay, Google Pay, and Paytm have consistently risen in popularity among Indian consumers Bengaluru: With a market-share of about 58%, alternative payment methods such as mobile and digital wallets have...

Digital payment via UPI spikes on person-to-merchant transaction growth: Report

The number of UPI transactions in January 2018 was 151 million, and it reached 9.3 billion in June 2023, primarily driven by the growth in P2M transactionsNew Delhi: Digital payment through Unified Payments Interface (UPI) has seen a multi-fold jump...

Simpl introduces AI-powered checkout suite to minimise CoD losses

Simpl aims to replace CoD with an alternate system by working with ecosystem partners and through its AI-powered offerings Bengaluru: Checkout network Simpl has introduced artificial intelligence (AI) enabled checkout suite with an aim to reduce losses from cash on delivery...

151% growth in digital menu transactions in the last 5 months: Report

The year 2020 was a roller coaster ride for the F&B industry but the pandemic didn’t stop foodies from showing their love for different delicacies and their fondness for eating out as 2,147 tables were booked per hour and...

Barista introduces contactless take-away, ordering and payment services

Barista, one of country’s popular chain of espresso bars, has partnered with fintech platform DotPe to introduce ontactless take-away, ordering and payment services By deploying ‘Scan-Order-Pay’ feature, Barista outlets can take orders and payments through the customer’s phone while maintaining...
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Retail sales grow 8% y-o-y in March 2024: RAI Survey

According to the survey, sports goods reported a growth of 11% followed by apparel and beauty showing a growth...
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