online payments
UPI, credit and other mode of transactions see decline in May amid 2nd wave of COVID-19 in India: RBI Report
With economic activity and the market in general seeing a decline amid the second wave of COVID pandemic in India, it seems like people have gone back to…
PayPal clocks record surge in transactions amid profit plunge, expects growth to rebound in second quarter
As Social Distancing becomes a fibre within our lives due to the ongoing novel coronavirus pandemic, online payment platforms such as PayPal, have reported surge in digital transactions…
Real-time payments a root cause behind increased fraud losses for banks: FICO
With the ease of online payments and rise in real-time payment platforms, frauds related to the same are also on the rise for the majority of banks. Analytics…
WhatsApp is in talks with SBI and NPCI for UPI integration: Report
Instant messaging application WhatsApp has reportedly initiated discussions with Indian banks and other institutions to allow its users to make payments via United Payments Interface (UPI). As per…
Amazon Pay looks to ramp up India operations, plans to get government bodies on-board
Amazon India, the e-commerce giant is looking to ramp up its payments business in the Indian market. For this, the company plans to sign up government institutions such as…
FreeCharge gets additional ₹22 crore funding from its parent company
Jasper Infotech, which now owns and operates FreeCharge, has made an investment of ₹22 crore in the payments company. This is the third such investment by Jasper (also…
Now Paytm can also be used as a recurring payments channel for digital services
To further bolster its position in the mobile payments segment, Paytm has now started recurring payments service for the companies which are working on a digital-subscription model for generating…
Square launches suite of payment APIs to enhance offerings
After launching its contactless reader, Square continues to roll out its new products in Australia, Build with Square being its latest offering. Build with Square suite of payment…
Paytm transactions cross average combined usage of credit and debit cards in India
The business of fin-tech startups is thriving after the demonetization move but it is Paytm which is going places. The company, which is the largest mobile payment platform…