Tag: digital payments
Vulcan understands the language of money: Harshil Mathur on Razorpay’s AI push
Even as India’s digital payments infrastructure handles close to 23 billion UPI transactions and around 590 million credit card payments every month, Indian payments company…
Lok Sabha passes Bill enabling Centre to allow UPI charges, MDR on digital payments
The Lok Sabha on Thursday passed amendments to the Payment and Settlement Systems (PSS) Act, 2007, paving the way for the Centre to allow banks…
Payments bill revives hopes of MDR return on large-ticket UPI transactions
The government’s proposed amendments to the Payment and Settlement Systems Act have revived hopes of the return of merchant discount rate (MDR) on select UPI…
New Tax Bill sweetens deal for electronics makers, global investors
Electronics manufacturers, infrastructure vehicles and global investors are set to be among the biggest beneficiaries of the government’s Taxation and Other Laws Amendment Bill, 2026,…
Exclusive | Bringing Gemini AI to a world of money: Google Pay’s Sharath Bulusu
Google India is embarking on a journey underlining the intersection of artificial intelligence (AI) and personal finance, something no other standalone digital payments and UPI…
Paytm plans 10% staff increase in AI pivot, to lay off 400
Fintech pioneer Paytm is set to hire about 4,000 people over the next nine months, part of a pivot aimed at expanding its merchant network…
Listed digital payment majors finally turn a corner in FY26
Listed Indian digital payment companies, loss-making for years, finally turned a corner in fiscal 2026 with Pine Labs and Paytm reporting full-year net profits for…
Razorpay plans confidential IPO filing soon; targets $600-700 million raise at $5-6 billion valuation
Fintech unicorn Razorpay is preparing to confidentially file for an initial public offering (IPO) within the next few weeks, according to multiple people familiar with…
Cash craze: Currency in circulation touches record Rs 40 lakh crore
Currency in circulation (CiC) hit a record Rs 40 lakh crore in January, up 11.1% year-on-year, even as the cash-to-GDP radio fell to about 11.2%,…
RBI governor Malhotra urges MSMEs to formalize, digitize, and maintain credit discipline for resilience
The Reserve Bank of India Governor Sanjay Malhotra on Monday told small business units classified as micro, small and medium enterprises (MSMEs) to pursue formalisation,…