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Digital payments to surge by 88 % by 2026: Shiprocket Report

While digital payments will surge, cash transactions are expected to decrease by 34% as per a comprehensive report on Indian eCommerce ecosystem released by e-commerce enablement unicorn Shiprocket at Shiprocket SHIVIR 2023 New Delhi: By 2026, digital payments are anticipated...

Credit card spending hits record high at Rs 1.4 lakh crore in May; cards in use at 87.4 million

Similarly, the number of cards in use has also jumped by more than 5 million since January and crossed 87.4 million in the reporting month, making this also an all-time high in May, according to the RBI data Mumbai: Credit...

PhonePe launches one-stop POS solution for merchant partners

The device will enable merchants to accept payments via debit cards, credit cards and UPI and it is built on the Android platform New Delhi: Walmart-owned digital payment company PhonePe has launched a point-of-sale (POS) device that will enable merchants to...
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Cloud kitchens redefine food service business in the country

The India Food Forum 2023 concluded on a high note with experts discussing disruptions like cloud kitchens and other...
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