InBrief: Value of UPI transactions dip marginally in November 2019, Paytm to seek small finance bank licence

Tanmay Tiwary

The value of Unified Payments Interface (UPI) transactions for the month of November stood at Rs  1,89,224 crore, as compared ....

2 December, 2019

UPI crosses a billion transactions in October

Supriya Roy

UPI (unified payments interface) transactions in India touched more than a billion for the month of October, National Payments ....

1 November, 2019
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SC scraps plea to link Aadhaar with social media accounts; Govt to invest more in startups

Tanmay Tiwary

No mandatory Aadhar linking with social media accounts. Indian government wants to increase funding in startups.  SC scraps ....

15 October, 2019

Zomato paid hackers Rs 70 lakh to fix bugs; Walmart plans to demerge PhonePe: Report

Tanmay Tiwary

Zomato has paid hackers about Rs 70 lakh to find and fix bugs. Global retail major Walmart wants to demerge Flipkart’s digital ....

11 October, 2019

Enterprise Tech Dispatch: Siemens Healthcare to use India as export hub, Huawei's AI and cloud play

Anirban Ghoshal

As the debate around the impact on jobs of emerging technologies in India rages on alongside developments such as Zomato cutting its ....

20 September, 2019

Now apply for IPOs via PhonePe

Team TC

Users of Flipkart-owned digital payments platform PhonePe can now subscribe to initial public offerings (IPOs) by using their ....

18 September, 2019
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NPCI asks Whatsapp to make changes in data-localisation compliance framework; Ola targets top business schools for talent

Team TC

The National Payments Corporation of India (NPCI) has asked the Facebook-owned messaging app, Whatsapp, to make additional changes ....

18 September, 2019

NPCI reduces MDR on RuPay cards to encourage digital transactions

Payal Ganguly

In a bid to incentivise digital transactions and use of RuPay debit cards, National Payments Corporation of India (NPCI) has reduced ....

16 September, 2019

StalkBuyLove runs out of cash; Amazon plans kiosks in colleges, offices

Team TC

Online fashion retailer StalkBuyLove runs out of money. Amazon to set up pickup kiosks in colleges, office complexes. StalkBuyLove ....

12 September, 2019

India Post Payments Bank launches Aadhaar enabled payment system

Payal Ganguly

India Post Payments Bank (IPPB) has introduced Aadhaar enabled payment system (AePS).  Developed by the National Payments ....

9 September, 2019
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UPI battle heats up, Google adds payment option on Play Store

Shweta Sharma

Unified payments interface (UPI) has overtaken card payments in India and platforms like Paytm and PhonePe are battling it out ....

6 September, 2019

Naspers may lead $55 mn funding round in ElasticRun; UPI transactions beat credit, debit cards

Team TC

South African internet and media giant Naspers is likely to lead a $55 million funding round in logistics startup ElasticRun. ....

3 September, 2019

RBI to set up central fraud registry for digital payments

Payal Ganguly

Digital payments service providers will now have to report payment frauds to a Central Payment Fraud Registry to be set up by ....

8 August, 2019

WhatsApp global chief to push for payment products during India visit

Payal Ganguly

Will Cathcart, global chief of social messaging platform WhatsApp, will push for the launch of WhatsApp Pay during his meeting ....

23 July, 2019

Payments data processed abroad must be stored in India: RBI

Payal Ganguly

The Reserve Bank of India (RBI) on Wednesday said that all data related to payments must be stored only in India and data processed ....

26 June, 2019

Policy Wrap: Small biz can board UPI as individuals; two firms certified for drone software

Payal Ganguly

This week, the retail payments body on Monday said that small merchants can board the Unified Payments Interface (UPI) as individuals ....

21 June, 2019

Airtel Payments Bank enables UPI-based payments at merchant locations

Om Athavale

Airtel Payments Bank said on Tuesday it has enabled Unified Payments Interface-based payments at more than 500,000 merchant points ....

4 June, 2019

Nilekani-led panel suggests measures to grow digital transactions tenfold by 2021

Payal Ganguly

A five-member committee headed by former Unique Identification Authority of India (UIDAI) chairman Nandan Nilekani has envisioned ....

4 June, 2019

UPI transaction volume drops in May but total value climbs

Payal Ganguly

The number of transactions based on the Unified Payment Interface (UPI) declined for the second month in a row but the value of ....

3 June, 2019

Amazon Pay diversifies UPI offerings by foraying into P2P transactions

Kavya Kothiyal

Amazon Pay India Pvt. Ltd, the local digital payments arm of global e-commerce major Amazon Inc, on Monday announced the launch ....

29 April, 2019

RBI allows banks to use debit cards, net banking for auto-debit

Payal Ganguly

The central bank has okayed the use of debit cards and net banking for auto-debiting of amounts towards recurring payments, said ....

26 April, 2019