Digital Payment

India will again delay caps on market share for a popular digital payments method, two sources told Reuters, benefiting Google Pay and Walmart-backed PhonePe as the authorities prioritise growth over concerns about market concentration.

India will again delay caps on market share for a popular digital payments method, two sources told Reuters, benefiting Google Pay and Walmart-backed PhonePe as the authorities prioritise growth over concerns about market concentration.

Germany’s third largest state-owned bank, Kreditanstalt fuer Wiederaufbau (KfW) has decided to join the global list of lenders that are experimenting with blockchain. In the coming days, KfW has planned to launch its first ever blockchain-based digital bond.

Karnataka's Congress minister Priyank Kharge has alleged that the BJP is bribing voters digitally --"taking digital payments to the next level" -- and declared that they would file a complaint with the Election Commission with all evidence.

Highlighting the country's growth in cashless payments, External Affairs Minister S Jaishankar said many countries sit with India to discuss digital infrastructure "which has become our identity in the world".

The board of India's Paytm Payments Bank is independent and capable of addressing regulatory concerns, the chief executive officer of digital payments firm Paytm, formally known as One97 Communications Ltd, (OCL) said on Monday.

The board of India's Paytm Payments Bank is independent and capable of addressing regulatory concerns, the chief executive officer of digital payments firm Paytm, formally known as One97 Communications Ltd, (OCL) said on Monday.

Prime Minister Narendra Modi made a case for the country's digital payments system to reach the US, saying it would benefit the large Indian diaspora, tourists, and students, according to an interview he gave to Newsweek.

Apple has come under scrutiny in the European Union for its strict App Store rules that restrict external payment options, sideloading of apps and more. The iPhone maker and other tech giants like Alphabet, Meta, Microsoft and more, however, have had to bring in several changes to their policies since the EU’s Digital Markets Act came into effect...

The RBI has decided to expand ways to distribute the CBDC within the retail ecosystem. Until now, India's CBDC distribution was being tested by banks that are part of its trials but soon third-party payment operators like Google Pay and PhonePe will also be able to distribute the CBDC.

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...

The video was shared on X by Congress leader Gaurav Somani who called it a ''thought provoking moment.''

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.

The National Payments Corporation of India on Thursday said it granted digital payments firm Paytm a third-party application provider license.

Indian digital payments firm Paytm plans to cut close to 20 percent of staff at its banking unit amid uncertainty over the unit's future due to a looming central bank deadline for it to halt most operations, two sources said.

India will again delay caps on market share for a popular digital payments method, two sources told Reuters, benefiting Google Pay and Walmart-backed PhonePe as the authorities prioritise growth over concerns about market concentration.

India will again delay caps on market share for a popular digital payments method, two sources told Reuters, benefiting Google Pay and Walmart-backed PhonePe as the authorities prioritise growth over concerns about market concentration.

Germany’s third largest state-owned bank, Kreditanstalt fuer Wiederaufbau (KfW) has decided to join the global list of lenders that are experimenting with blockchain. In the coming days, KfW has planned to launch its first ever blockchain-based digital bond.

Karnataka's Congress minister Priyank Kharge has alleged that the BJP is bribing voters digitally --"taking digital payments to the next level" -- and declared that they would file a complaint with the Election Commission with all evidence.

Highlighting the country's growth in cashless payments, External Affairs Minister S Jaishankar said many countries sit with India to discuss digital infrastructure "which has become our identity in the world".

The board of India's Paytm Payments Bank is independent and capable of addressing regulatory concerns, the chief executive officer of digital payments firm Paytm, formally known as One97 Communications Ltd, (OCL) said on Monday.

The board of India's Paytm Payments Bank is independent and capable of addressing regulatory concerns, the chief executive officer of digital payments firm Paytm, formally known as One97 Communications Ltd, (OCL) said on Monday.

Prime Minister Narendra Modi made a case for the country's digital payments system to reach the US, saying it would benefit the large Indian diaspora, tourists, and students, according to an interview he gave to Newsweek.

Apple has come under scrutiny in the European Union for its strict App Store rules that restrict external payment options, sideloading of apps and more. The iPhone maker and other tech giants like Alphabet, Meta, Microsoft and more, however, have had to bring in several changes to their policies since the EU’s Digital Markets Act came into effect...

The RBI has decided to expand ways to distribute the CBDC within the retail ecosystem. Until now, India's CBDC distribution was being tested by banks that are part of its trials but soon third-party payment operators like Google Pay and PhonePe will also be able to distribute the CBDC.

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...

The video was shared on X by Congress leader Gaurav Somani who called it a ''thought provoking moment.''

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.

The National Payments Corporation of India on Thursday said it granted digital payments firm Paytm a third-party application provider license.

Indian digital payments firm Paytm plans to cut close to 20 percent of staff at its banking unit amid uncertainty over the unit's future due to a looming central bank deadline for it to halt most operations, two sources said.