Tag: UPI
Festive Vibes: Economists see food inflation and geopolitical conflicts as possible headwinds
NEW DELHI: The festive season has brought some cheer to the economy with several data releases on Friday suggesting improved consumer sentiment, but economists cautioned…
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…
Women prudent borrowers, aspirational younger generation displays bolder risk appetite: Fintech soonicorns on financial inclusion at ET Soonicorns Summit 2024
Women borrowers in India have better credit performance and tend to be more responsible with their credit behaviour as Indians exhibit an appetite for risk…
UPI: Digital payments surge: Cash usage declines post-pandemic in India, says RBI
Sixty percent of consumer expenditure is still cash based as of March 2024. But its share is declining rapidly post COVID. The share of digital…
ET Startup Awards: ET Startup Awards 2024: Founders, investors hail ‘best congregation’
The Economic Times Startup Awards event in Bengaluru hosted a lively exchange between startup innovators and policymakers on Saturday. Here’s what the attendees said. GV…
Paytm focusing on consumer payments business: CEO
Fintech firm Paytm‘s immediate priority is to invest in its consumer payments business in an effort to recover lost user base following regulatory actions by…
Paytm parent’s staff costs rise 21% in a challenging year
One 97 Communications (OCL), which runs digital payments platform Paytm, saw its overall employee costs grow 21% to Rs 4,589 crore in 202-24 from Rs…
Govt to explore new avenues to strengthen India’s position in global financial ecosystem: Finance Ministry
The government will explore new avenues to strengthen India‘s position in the global financial ecosystem and is committed to advancing digital payment solutions that are…
UPI transaction limit increased to ₹5 lakh for three types of payments: Date and details
It may now become possible to make a single transaction up to ₹5 lakh using the Unified Payments Interface (UPI) for a few specific purposes,…
Govt aims to extend additional Rs 5 lakh cr via credit guarantees in 2 years: Official
The government aims to ramp up credit guarantees extended to micro and small enterprises through the CGTMSE scheme by another Rs 5 lakh crore in…