MUMBAI: UK-based Revolut, which provides banking and cross-border payment services, has unveiled its India launch at the Global Fintech Fest (GFF 2025). The company aims to onboard 20 million Indian…
The Fastag system faces challenges with inadequate bank-based customer support. Fastag may be used for toll payments pan India but its adoption for wider use cases still remains severely limited.…
A turf war is breaking out in the vast world of digital payments - and the incumbents are suddenly on defense. Tech firms and crypto startups are moving in on…
MUMBAI: In three companies - One97 Communications (Paytm), Aether Industries, and KFin Technologies - institutional shareholders and promoters are selling large chunks of their holdings to raise about Rs 3,900…
MUMBAI: The Payments Council of India (PCI) which represents digital payments companies has written to Prime Minister Narendra Modi, seeking introduction of merchant discount rate (MDR) on UPI transactions and…
NEW DELHI: The Ministry of Finance on Saturday revealed that the Unified Payments Interface (UPI) completed 15,547 crore transactions between January and November 2024. These transactions amounting to Rs 223…
Paytm reported its first-ever net income, helped by a gain from the sale of its events business as the Indian fintech pioneer fights to rebound from regulatory setbacks.The company, which…
MUMBAI: Electronic Payment and Services (EPS) has become the fifth company to receive a license to operate white-label ATMs (WLAs) in India, marking the first such approval in a decade.…
HYDERABAD: B2B SaaS fintech player Zaggle Prepaid Ocean Services Limited has acquired 26% ownership stake in Mumbai-based digital payments infrastructure player, Mobileware Technologies Pvt Ltd, on a post issue and…
PUNE: Banks should tap into the digital footprints generated by UPI in order to expand their balance sheets, finance minister Nirmala Sitharaman said here on Thursday."I would like to think…