Digital Transaction In India

External Affairs Minister S Jaishankar drew an analogy while describing the country's growth in digital public infrastructure and said that the number of cashless transactions the United States does in three years, India does in a month.

Google Pay and National Payments Corporation of India (NPCI) will work together to expand Unified Payments Interface (UPI), the instant payments system widely used in the country, to international markets, Google and NPCI confirmed Wednesday. A Memorandum of Understanding (MoU) has been signed between Google Pay India and NPCI subsidiary, NPCI Inte...

Indian banks disbursed some employee benefits through the digital rupee in December, helping the Reserve Bank of India meet its target of one million daily transactions by end-2023, three sources directly familiar with the development said.

Indian banks disbursed some employee benefits through digital rupee in December, helping the Reserve Bank of India meet its target of one million daily transactions by end-2023, three sources directly familiar with the development said.

In the video, the auto driver, speaking in Marathi, spoke of the numerous benefits of UPI and how it has positively impacted his life.

Coinbase has launched a new Prime Web3 Wallet service that would help institutional investors get safe and one-tap access to all their digital asset requirements. This would include asset custody solutions as well as instant access to dApps. To help companies stay ahead of security threats, the wallet will provide approval alerts, transaction previ...

Fintech major Paytm on Tuesday said it disbursed $667 million (Rs. 5,517 crore) loans through its platform and deployed 87 lakh devices for offline payments in August. Meanwhile, Unified Payments Interface (UPI) transactions crossed 10 billion mark in August, the National Payments Corporation of India (NPCI) said.

The State Bank of India (SBI) announced it has implemented Unified Payments Interface (UPI) interoperability in Digital Rupee, also called as Central Bank Digital Currency (CBDC).

India's robust online payments platform, unified payments interface (UPI) achieved a remarkable milestone by crossing 10 billion transactions in a month. The total number of UPI transactions reached an all-time high of 10.58 billion in August.

Reserve Bank on Thursday proposed to increase the per transaction payment limit to Rs 500 for UPI Lite in offline mode and announced other measures to further deepen the reach and use of digital payments in the country.

Google Pay has introduced new UPI Lite services on its platform to make digital transactions a seamless experience. With UPL Lite, users will be able to perform quick digital payments with just one click, without the need to enter the UPI PIN that is used for Google Pay transactions. However, there are a few limitations in order to ensure the money...

The Reserve Bank of India (RBI) has called on a wider set of lenders to take part in pilot programmes using the central bank digital currency (CBDC) as it tries to increase transactions, three bankers told Reuters on Wednesday. Currently, large state-owned and private lenders, including State Bank of India, Bank of Baroda, ICICI Bank, HDFC Bank, Ko...

E-commerce majors such as Amazon and Flipkart have been invited to join India's digital public infrastructure Open Network for Digital Commerce (ONDC), said the network's Chief Executive Officer T Koshi. "They are looking at (ONDC) seriously and we believe that whenever they feel comfortable with respect to their current scale and size of the opera...

Japan is mulling to join India's UPI payment system and promote cooperation on the digital identity system, an official statement said on Friday. Bhutan, Nepal, Singapore and UAE have already started accepting Unified Payment Interface (UPI) payment systems. Japanese Digital Minister Kono Taro earlier on Friday said in an interview with a media ch...

NPCI International has executed a definitive agreement with digital payments infrastructure provider PPRO to offer Indian customers a platform for hassle-free e-commerce payments globally. The agreement aims at expanding RuPay card and UPI acceptance across PPRO's global clients.

External Affairs Minister S Jaishankar drew an analogy while describing the country's growth in digital public infrastructure and said that the number of cashless transactions the United States does in three years, India does in a month.

Google Pay and National Payments Corporation of India (NPCI) will work together to expand Unified Payments Interface (UPI), the instant payments system widely used in the country, to international markets, Google and NPCI confirmed Wednesday. A Memorandum of Understanding (MoU) has been signed between Google Pay India and NPCI subsidiary, NPCI Inte...

Indian banks disbursed some employee benefits through the digital rupee in December, helping the Reserve Bank of India meet its target of one million daily transactions by end-2023, three sources directly familiar with the development said.

Indian banks disbursed some employee benefits through digital rupee in December, helping the Reserve Bank of India meet its target of one million daily transactions by end-2023, three sources directly familiar with the development said.

In the video, the auto driver, speaking in Marathi, spoke of the numerous benefits of UPI and how it has positively impacted his life.

Coinbase has launched a new Prime Web3 Wallet service that would help institutional investors get safe and one-tap access to all their digital asset requirements. This would include asset custody solutions as well as instant access to dApps. To help companies stay ahead of security threats, the wallet will provide approval alerts, transaction previ...

Fintech major Paytm on Tuesday said it disbursed $667 million (Rs. 5,517 crore) loans through its platform and deployed 87 lakh devices for offline payments in August. Meanwhile, Unified Payments Interface (UPI) transactions crossed 10 billion mark in August, the National Payments Corporation of India (NPCI) said.

The State Bank of India (SBI) announced it has implemented Unified Payments Interface (UPI) interoperability in Digital Rupee, also called as Central Bank Digital Currency (CBDC).

India's robust online payments platform, unified payments interface (UPI) achieved a remarkable milestone by crossing 10 billion transactions in a month. The total number of UPI transactions reached an all-time high of 10.58 billion in August.

Reserve Bank on Thursday proposed to increase the per transaction payment limit to Rs 500 for UPI Lite in offline mode and announced other measures to further deepen the reach and use of digital payments in the country.

Google Pay has introduced new UPI Lite services on its platform to make digital transactions a seamless experience. With UPL Lite, users will be able to perform quick digital payments with just one click, without the need to enter the UPI PIN that is used for Google Pay transactions. However, there are a few limitations in order to ensure the money...

The Reserve Bank of India (RBI) has called on a wider set of lenders to take part in pilot programmes using the central bank digital currency (CBDC) as it tries to increase transactions, three bankers told Reuters on Wednesday. Currently, large state-owned and private lenders, including State Bank of India, Bank of Baroda, ICICI Bank, HDFC Bank, Ko...

E-commerce majors such as Amazon and Flipkart have been invited to join India's digital public infrastructure Open Network for Digital Commerce (ONDC), said the network's Chief Executive Officer T Koshi. "They are looking at (ONDC) seriously and we believe that whenever they feel comfortable with respect to their current scale and size of the opera...

Japan is mulling to join India's UPI payment system and promote cooperation on the digital identity system, an official statement said on Friday. Bhutan, Nepal, Singapore and UAE have already started accepting Unified Payment Interface (UPI) payment systems. Japanese Digital Minister Kono Taro earlier on Friday said in an interview with a media ch...

NPCI International has executed a definitive agreement with digital payments infrastructure provider PPRO to offer Indian customers a platform for hassle-free e-commerce payments globally. The agreement aims at expanding RuPay card and UPI acceptance across PPRO's global clients.