Bank Apps

One 97 Communications Limited (OCL), which owns the brand Paytm, has received the nod from NPCI to start the user migration to new Payment System Provider (PSP) bank handles, the company informed the stock exchanges in a filing on Wednesday.

Google Wallet India launch could take place soon with support for local integrations, according to a report. The company's Google Wallet app was recently listed on the Play Store in India, with screenshots that show support for local integrations. While Google later removed these screenshots showing Indian banks, airlines and other services that of...

The new website and mobile application of the Reserve Bank of India (RBI) was released on Friday by Governor Shaktikanta Das.

Samsung is trying to enter the commercial banking space with a new super app, as per a report. The South Korean tech giant already has a financial services app called Momino, but now it reportedly wants to upgrade it and turn it into a super app, of the likes of WeChat. If the information is to be believed, this will also mark the entry of the tech...

PhonePe launched its Unified Payments Interface (UPI) services in the United Arab Emirates (UAE) for Indian travellers as well as NRIs residing in the country on March 28. This service will now allow PhonePe users to make rapid digital transactions by scanning a QR code at retail stores, dining outlets, and other tourist attractions. The service is...

WhatsApp could be working on enabling international payments via its in-app Unified Payments Interface (UPI) service, as per a new leak. WhatsApp Payments or WhatsApp Pay was first introduced for Indian users as an in-app service in November 2020. The platform’s entry into the payments sector was considered delayed as rival platforms were already...

Airtel Payments Bank smartwatch was launched in India on Tuesday (March 19). This marks the entry of the telecom operator in the smartwatch segment and becomes the first device to be launched by it. The smartwatch has been developed in collaboration with the wearable brand Noise and the payment-technology provider Mastercard.

Indian digital payments firm Paytm, formally known as One 97 Communications, was on Thursday granted a third-party application provider license by the country's payments authority, which will enable it to facilitate payments after its banking unit ceases operations.

Flipkart launched the Unified Payments Interface (UPI) service in collaboration with Axis Bank. The Flipkart UPI will be initially available for Android users and can be used for online and offline payments. With the latest update, customers can now pay bills and make fund transfers directly from the Flipkart app.

Payments firm Paytm on Friday cut some ties with its payments bank unit, which India's banking regulator has ordered to be wound down, in its latest attempt to address compliance concerns that triggered a meltdown in its shares last month.

UBS also expects gradual improvement in Paytm's EBITDA margin, averaging eight per cent from financial year 2024 to 2028.

The Reserve Bank of India (RBI) has requested the National Payments Corporation of India (NPCI) to examine a request from Paytm to become a third-party application provider, in order to allow UPI payments on Paytm to continue working after the central bank's wind down date for Paytm Payments Bank.

The Reserve Bank of India does not plan to impose drastic measures on India's fintech sector after the recent action against Paytm Payments Bank, according to P Vasudevan, an executive director in charge of enforcement at the central bank. Paytm has been in the crosshairs of the regulator for some time, with multiple warnings over the past two year...

The Enforcement Directorate has launched a money laundering probe against digital payments Paytm Payments Bank Ltd, sources told NDTV Wednesday afternoon.

Amid the ongoing Paytm crisis, Indian non-bank lenders are looking at options other than the beleaguered firm for loan disbursal. These lenders are said to be worried about the regulatory crisis engulfing Paytm that has led to a temporary halt of lending services.

One 97 Communications Limited (OCL), which owns the brand Paytm, has received the nod from NPCI to start the user migration to new Payment System Provider (PSP) bank handles, the company informed the stock exchanges in a filing on Wednesday.

Google Wallet India launch could take place soon with support for local integrations, according to a report. The company's Google Wallet app was recently listed on the Play Store in India, with screenshots that show support for local integrations. While Google later removed these screenshots showing Indian banks, airlines and other services that of...

The new website and mobile application of the Reserve Bank of India (RBI) was released on Friday by Governor Shaktikanta Das.

Samsung is trying to enter the commercial banking space with a new super app, as per a report. The South Korean tech giant already has a financial services app called Momino, but now it reportedly wants to upgrade it and turn it into a super app, of the likes of WeChat. If the information is to be believed, this will also mark the entry of the tech...

PhonePe launched its Unified Payments Interface (UPI) services in the United Arab Emirates (UAE) for Indian travellers as well as NRIs residing in the country on March 28. This service will now allow PhonePe users to make rapid digital transactions by scanning a QR code at retail stores, dining outlets, and other tourist attractions. The service is...

WhatsApp could be working on enabling international payments via its in-app Unified Payments Interface (UPI) service, as per a new leak. WhatsApp Payments or WhatsApp Pay was first introduced for Indian users as an in-app service in November 2020. The platform’s entry into the payments sector was considered delayed as rival platforms were already...

Airtel Payments Bank smartwatch was launched in India on Tuesday (March 19). This marks the entry of the telecom operator in the smartwatch segment and becomes the first device to be launched by it. The smartwatch has been developed in collaboration with the wearable brand Noise and the payment-technology provider Mastercard.

Indian digital payments firm Paytm, formally known as One 97 Communications, was on Thursday granted a third-party application provider license by the country's payments authority, which will enable it to facilitate payments after its banking unit ceases operations.

Flipkart launched the Unified Payments Interface (UPI) service in collaboration with Axis Bank. The Flipkart UPI will be initially available for Android users and can be used for online and offline payments. With the latest update, customers can now pay bills and make fund transfers directly from the Flipkart app.

Payments firm Paytm on Friday cut some ties with its payments bank unit, which India's banking regulator has ordered to be wound down, in its latest attempt to address compliance concerns that triggered a meltdown in its shares last month.

UBS also expects gradual improvement in Paytm's EBITDA margin, averaging eight per cent from financial year 2024 to 2028.

The Reserve Bank of India (RBI) has requested the National Payments Corporation of India (NPCI) to examine a request from Paytm to become a third-party application provider, in order to allow UPI payments on Paytm to continue working after the central bank's wind down date for Paytm Payments Bank.

The Reserve Bank of India does not plan to impose drastic measures on India's fintech sector after the recent action against Paytm Payments Bank, according to P Vasudevan, an executive director in charge of enforcement at the central bank. Paytm has been in the crosshairs of the regulator for some time, with multiple warnings over the past two year...

The Enforcement Directorate has launched a money laundering probe against digital payments Paytm Payments Bank Ltd, sources told NDTV Wednesday afternoon.

Amid the ongoing Paytm crisis, Indian non-bank lenders are looking at options other than the beleaguered firm for loan disbursal. These lenders are said to be worried about the regulatory crisis engulfing Paytm that has led to a temporary halt of lending services.