Payments

Business News

Skydo Secures RBI Authorisation for Cross-Border Payments

The platform is among the first Cross-Border fintechs to secure a license. According to the Bengaluru-based company, it serves more than 30,000 Indian MSMEs, freelancers, and startups across 50+ cities. Skydo also supports collections in over 32 currencies.

By Entrepreneur Staff

Business News

UPI is Now India’s Favorite Payment System With 83% Share in Digital Payments: Report

By Entrepreneur Staff

Business News

The Role of Digital Payment Infrastructures in MSME Growth

By Aditya Pran Mahanta

Business News

India’s Fintech in Promising Place But Needs to Prepare For Decade Ahead: GFF & BCG Report

By Prince Kariappa

Business News

Driving Financial Inclusion: NPST’s Role in India’s Digital Revolution

The digital ecosystem in India, especially in Finance has seen growth due to various factors. The government's push towards mass digitalization, increase in internet penetration, and digital transformation enablers help integrate these technologies.

By Prince Kariappa

Business News

Paytm and Axis Bank Come Together to Enhance Transaction Efficiency via POS and Card Payment Devices

Paytm partners with Axis Bank to offer point of sales solutions and card payment devices

By Entrepreneur Staff

Business News

Indian OTT Platforms Witness 194% Increase In Revenue: Razorpay’s Report

The report claims to analyze over 10 million transactions processed on Razorpay's platform in the last two years, between April 1, 2021, and July 31, 2023

By Teena Jose

Business News

Decentro Launches Flow and Fabric – Full-Stack Payments And Embedded Finance Solutions

The new modules have been introduced to offer a full-stack experience to Decentro's growing customer base

By Teena Jose

Business News

Consumer Benefits Marketplace Thriwe Acquires Health-Fintech UCare Health

UCare's seamless payments platform and Thriwe's expertise in empowering corporates to drive employee rewards, lifestyle benefits, and consumer perks, will work in synergy to improve the employee benefits offering for businesses

By Teena Jose

Business News

RBI Governor Urges Payment System Operators To Ensure Good Governance: Report

As per the report, Das asked PSOs to work on formation of self-regulatory organisations (SROs) for the greater good of all stakeholders

By Teena Jose

Business News

Measuring the Larger Economic Impact Of B2B Payment Solutions

According to recent research, 61 per cent of companies in India still use fragmented products for various functions

By Avinash Ramesh Godkhindi

Business News

International Payments and VAT: Facts

In case you are doing cross-border business and accepting international payments, you must be aware of these rules

By Mukesh Sahu

Business News

Indians Can Soon Pay Through UPI In Europe

The partnership between NIPL and Worldline aims at expanding acceptance of Indian payment means across Europe

By Teena Jose

Business News

Infosys Deducts 30 Per Cent Average Variable Payout Of Employees In Q1

The IT major also notified that the performance bonus payment for delivery (DEL) and business enabling functions (BEFs), for the first quarter is scheduled in the August 2022 payroll

By Teena Jose

Business News

Jodo Raises $15 Million In Series A Funding

The fund will be utilized to accelerate product innovation and sales, and further grow the Jodo team

By Teena Jose

Business News

Cashfree Payments Receives RBI Nod For Cross Border Payments Product

The products will enable Indian fintech companies to offer the purchase of shares, exchange-traded funds units and other assets listed on foreign exchanges via UPI or net banking as a feature to Indian investors

By Teena Jose

Business News

Bringing Rural Fintech To The Fore

The aim of the Ippo Pay is to put an end to every tedious and time taking task of a rural Indian merchant handling his/her payments, educate them and help them adapt to modern financial technologies.

By Saptak Bardhan

Business News

Scaling by Staying Banking & Accounting Focussed

Achuthan looks to increase head count, on-boarding more SMEs and tap newer markets

By Deepa Vaidya

Business News

3.5 Mn Data Of Mobikwik Users Allegedly Leak; Company To Conduct Forensic Data Security Audit By Third Party

Bipin Preet Singh, chief executive officer and founder of Mobikwik in a statement referring to some of users data available on dark web said that it is entirely possible that any user could have uploaded her/his information on multiple platforms.

By Debarghya Sil

Business News

Buy Now Pay Later to Become Fastest Growing Online Payment Method in India: Report

The 2021 Global Payments Report by Worldpay from FIS shows that BNPL is the fastest growing e-commerce online payment method in India, projected to grab a sweet 9 per cent of the total market share by 2024

By Shipra Singh

Business News

UPI Transactions On the Rise: Is This Indicative Of a Systemic Shift?

If the current trend continues during the next two months as well, then the share of UPI transactions in the overall digital payment industry of the country could increase even further

By Nityanand Sharma

Business News

Razorpay Becomes Fifth Fintech Unicorn After Raising $100 Mn in Series D Funding

The company said it plans to deploy the new funds to strengthen RazorpayX, neo-banking platform and lending arm Razorpay Capital and hire about 500 employees by FY2021

By Shipra Singh

Business News

Role Of Data Analytics In the Lending Sector

Sanctioning a loan depends on two things-the customer's ability and intent to pay. Getting these two things right separates the successful lenders from failures

By Rahul Bhargava

Business News

Turning to ‘Buy-Now-Pay-Later’ Models: E-commerce Giants Strengthen Financial Offerings To Operate In the ‘New Normal’

From payments to lending to insurance, e-commerce is providing financial services to support its core business by partnering with banks, NBFCs and other financial institutions

By Neel Juriasingani

Business News

DotPe Collaborates With McDonald’s India (North & East) To Provide Contactless Ordering Solutions

The tech startup is currently offering its digital ordering solutions fully integrated with a payment gateway in all the restaurants of McDonald's across Delhi-NCR

By Debarghya Sil

Business News

Future of Cash: Impact of Covid-19 on Payments

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

By Sonam Chandwani

Business News

How the Industry is coping with the CBDT Mandate for Businesses to Accept Digital Payments

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

By Sunil Khosla

Business News

This Indian Start-Up Wants To Bring More Customers To the Digital Payments Landscape

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.

By Debroop Roy

Business News

In Boost For Start-Ups, RBI Plans Alternative Retail Payments System

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.

By Debroop Roy

Business News

PayU To Acquire Controlling Stake in Consumer Lending Start-Up PaySense

The $185 million deal will see PaySense being merged with Naspers-owned PayU's pay-later service provider LazyPay.

By Debroop Roy