Tag: payments
paytm: Payments firms slash cashbacks, incentives on funding drought
Consumer payment companies, which have been at the forefront of offering cashbacks and other incentives in a bid to grab a larger chunk of the…
Cred: Fintech firm Cred receives BBPS customer operating unit certification
Bengaluru-based fintech firm Cred has received certification from NPCI Bharat Billpay to operate as a customer operating unit (COU) on the Bharat Bill Payments System,…
Razorpay featured on ‘Forbes Cloud 100 2024,’ only Indian company on list
Aug 14, 2024 07:32 PM IST Razorpay, with nearly 3,300 employees, and having raised close to $742 million in funding, ranked 70th on the Forbes…
BillDesk: BillDesk reports slight growth in revenue, fall in profit in FY23
Mumbai-based payments major BillDesk has reported a slight increase in operational revenue to Rs 2,678 crore for FY23, from Rs 2,442 crore a year earlier….
fintech: Fintech is making global payments its business
Domestic payment aggregator majors such as Razorpay and Cashfree, as well as newer fintech firms like PayGlocal and Skydo, are rushing to procure a licence…
Paytm App: Paytm hit: Can you still use wallet, Fastag? All your questions answered
The Reserve Bank of India barred all services of the Paytm Payments Bank Ltd (PPBL) on Wednesday, dealing a major blow to one of India’s…
rbi: 10% retail borrowers missing their monthly payments: RBI
India’s bad loans may be at a decadal low, but nearly 10% of retail borrowers are missing monthly payments, the Reserve Bank of India has…
India to moot SWIFT-like transactions at G20 meet
India will propose a SWIFT-like system used in international banking at the G20 meet to facilitate similar paperless transactions for cross-border trade. The system will…
Govt may consider 0.3% fee to maintain UPI payment system & ensure financial viability: Report
The government may consider a 0.3 per cent uniform digital payment facilitation fee to fund the infrastructure required for such transactions and also to ensure…
With UPI-PayNow linkage Modi government makes a grab at the India outside India
Whenever Prime Minister Narendra Modi visits a foreign country, especially a developed one, his signature move is to galvanise the non-resident Indians (NRIs) there. Modi…