Upi

Walmart-owned PhonePe launches UPI SIP for investing in 24K gold

Setting up a gold SIP on PhonePe is a one-time, hassle-free process and all subsequent investments are completely automated

How ONDC is set to democratise and transform India's e-commerce landscape

While the pilot is being conducted in five cities - Delhi, Bengaluru, Coimbatore, Bhopal and Shillong - ONDC is on course for a pan-India launch by August that will see it introduced across 100 cities

Why Digital Rupee is a distraction and India ought to go slow on it

A digital currency is more of a fashionable trend and trends are for social media influencers, not governments

What is RuPay - India's card payment network?

Chief operating officer of National Payments Corporation of India, Praveena Rai, had said the aim of RuPay was to serve the entire population. That's an ambitious goal. Let's understand what RuPay is.

India should take caution in introducing CBDC, says NCAER report

The report says that while a CBDC would have more penetration, the reach of Unified Payments Interface is widespread.

E-retail revolution

ONDC could transform e-commerce in India

Can open networks for digital commerce take on Amazon & Walmart?

The govt-backed open network for digital commerce (ONDC) was launched last week in select cities. Will it emerge as a challenger to the ecommerce giants? Will it benefit small sellers and the public?

UPI hits record high in April with 5.58 bn transactions worth Rs 9.83 trn

Value of transactions doubled on YoY basis

Decoded: How ONDC plans to level e-commerce playing field in India

The open network concept will not be restricted to the retail sector but will extend to mobility, food delivery, travel, among others

Northeast takes the lead on digitisation: PhonePe Pulse Q1 2022 Data

According to a report by the Ministry of Electronics & Information Technology, UPI has now become the most popular mode of payment

WhatsApp confirms giving cashback for making digital payments in India

The company is giving away Rs 11 cashback up to three times by sending money to three different contacts via unified payments interface (UPI) on WhatsApp

What is UPI123Pay?

Transactions through UPI are registering a rapid growth in India. And RBI's initiative to introduce it in feature phones is set to take it to another level. Watch our next report to know why

Payment gateways avoid powering crypto exchanges given RBI reservations

Recently, NPCI had clarified that it is not aware of any crypto exchanges using UPI after Coinbase, America's largest crypto exchange said it has tied up with UPI

Card-less cash withdrawals at ATMs may burden banks with additional costs

Of the tad over 250,000 ATMs in India, nearly 35,000, or 14.58 per cent, are recyclers

Sebi streamlines payment process through UPI for IPO allotment

In addition, the regulator has devised a new reporting format for capturing the data of all ASBA (Application Supported by Block Amount) applications unblocked by Self Certified Syndicate Banks

UPI to stay on top; digital currency to drive payments in next 5 years

UPI will likely continue to dominate the digital payments space in the country, a study has said

WhatsApp to bet big on payments in India after NPCI nod for 100 mn users

Monthly volume of transactions has stagnated on the platform in the past six months, but value of transactions has doubled

TMS Ep150: Inflation, green hydrogen, new-age tech stocks, on-device wallet

Can consumers expect relief from further fuel price hike? Will green hydrogen fuel India's future? Should you bet on new-age tech stocks? What's on-device wallet for UPI transactions? All answers here

NPCI eases cap on WhatsApp payments service to expand to 100 mn users

Regulator granted WhatsApp approval in November 2020 to go live on UPI in the multi-bank model in a graded manner.

RBI policy statement: Revisiting the saga of 'The Bold and The Beautiful'

The RBI has also proposed to allow interoperability in cardless cash withdrawal transactions at all banks and ATMs using the UPI facility