Digital Payments | Page 2

It is the convergence of retailtech and fintech that must shape the next wave of consumer demand and drive the agenda of financial inclusion

Razorpay in partnership with National Payments Council of India (NPCI) has launched support of UPI AutoPay for its business partners at the virtual Global Fintech Fest.

Cashless payments could become a permanent fixture in the economic exchange ecosystem hereafter

The move to promote the adoption of digital payment modes among the huge merchant base in India was driven by the government's march towards achieving the digital economy and becoming a less-cash economy

Bengaluru-based Cashfree has grown steadily over the last few years and with profitability on its side, expects payments volumes on its platform to triple by the end of the calendar year.

The number of transactions in February grew by 1.4 per cent from 1.30 billion transactions in January

India's central bank has proposed a draft framework to set up an alternative digital retail payments entity, along the lines of the not-for-profit NPCI.

This comes months after the country's central bank reportedly blocked a full-fledged launch of the service citing data localization norms.

Transactions using UPI grew six per cent month-over-month in November, while the total value of transactions fell to INR 1.89 lakh crore.

After exiting FreeCharge, Shah dabbled into various things, but the entrepreneurial itch made him come back and create CRED. He believes if one has built and created all his life, the idea of not creating does not work.

Apps such as Hike and Telegram stand a good chance of attracting a chunk of WhatsApp's user base as controversies pile up for the US-based company.

A look at the present scenario and how the payment landscape of our country is transforming

The Bengaluru-based start-up is now looking to partner with banking institutions as it targets expansion across channels and may enter international markets next year

The B2B space is as hot as the B2C space and there is space for all, believe these digital payment services heads

Shailendra Naidu thinks fintech is an over abused word today

For around 1 billion credit and debit cards, there is merely 37.22 lakh Point of Sale (POS) terminals in the country

In Union Budget 2019, Nirmala Sithraman paves the road for India towards 5 trillion economy

For transaction that is processed abroad, the data should be deleted from the systems and needs be brought back to India within 24 hours

The virtual currency will be launched next year in 2020

A good e-commerce business generally focuses on customer experience and payments process plays a big part in this journey

India envisions to go 100per cent paperless when it comes to digital payments and securing these payments will only help to spring the vision come to life