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cross-border payments

76% of Indians see higher quality in international products: Survey

The survey reveals that India is increasingly engaging in cross border shopping with over 67% of respondents having made purchases from international businesses Bengaluru: As many as 76% of Indian consumers perceive the quality of items from international sellers as superior,...

Interoperable Internet banking system that benefits merchants to go live in 2024: RBI Governor

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),...

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...

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...

G20 nations commit to promote faster, transparent cross-border payments

The leaders committed to achieving global targets for faster, cheaper, more transparent and inclusive cross-border payments by 2027 and welcome the initiatives undertaken by international organisations in this directionNew Delhi: The G20 nations on Saturday resolved to promote faster,...
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Shoppers Stop’s Intune opens 50th retail store

The latest Intune store is located at Shiv Solitaire, Jogeshwari East, Mumbai Bengaluru: Department store chain Shoppers Stop’s value fashion format...
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