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…
MUMBAI : Online payments have grown at a fast clip in recent years but frauds in such transactions have grown faster. Credit card and online frauds have increased 425% to…
PhonePe, a digital payments company backed by Walmart, and BharatPe, a fintech startup based in New Delhi, have resolved a five-year legal battle over the use of 'Pe' as a…
Apple encountered an unexpected hurdle shortly after launching two company-owned stores in India in April of the previous year - a significant number of customers preferred to pay in cash.…