Tag: Digital Payments
No nod to WhatsApp to go live on full scale UPI ops: RBI
The RBI has told the Supreme Court it has not granted permission to WhatsApp to go live for full scale operations on the Unified...
UPI transaction volume to reach 59bn by 2023: Report
With digital payments gaining ground in India, home-grown Unified Payments Interface-based transaction volume will reach nearly 59 billion by 2023 owing to its high...
India to contribute 2.2% of global digital payment market by 2023
With the rise in usage of digital modes of transactions and the growing market of digital payment services, India is likely to contribute around...
Swiggy launches its own digital wallet with ICICI Bank
Food delivery platform Swiggy has launched its own digital wallet to enable single-click checkout experience on its platform.
Called ‘Swiggy Money,’ the full-fledged digital wallet...
PhonePe records 150% growth in loan EMI repayments
Digital payments platform PhonePe has said that it has seen over 150 per cent growth in loan EMI repayments category on its platform since...
Amazon Pay ‘Smart Stores’ to empower local merchants in India
Amazon Pay has launched Smart Stores feature in India where customers need to scan the store’s QR code using the Amazon app to begin...
Visa and TerraPay partner to drive real-time payments interoperability
TerraPay, a global payments infrastructure company, and Visa, have announced a partnership that aims to develop and deliver payment solutions to drive financial inclusion...
Mobile payments in India jumped 163% in 2019: Report
Mobile payments in India initiated by payment apps comprising account-to-account transfers and payments made from stored-value accounts rose 163 per cent to $287 billion...
WhatsApp on way to become India’s digital banking channel
WhatsApp Pay is on the cards for its over 400 millions users in India but before it becomes a mainstream mode of payment and...
Stuck in India, WhatsApp launches digital payments first in Brazil
As WhatsApp Payments remain stuck in India, Facebook CEO mark Zuckerberg has announced to launch digital payments for people using WhatsApp in Brazil, where...