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UPI Now Accepted In Qatar, Qatar Duty Free Becomes First Merchant
NPCI International Payments Ltd, in partnership with Qatar National Bank, has enabled the acceptance of QR code-based Unified Payments Interface across Qatar via point-of-sale terminals for merchants acquired by QNB
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India's UPI Revolution Powers 50% Of World's Digital Payments
India is now a global leader in fast payments and theUnified Payments Interface (UPI)is the main driver, as per the InternationalMonetary Fund(IMF).
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Visa, Mastercard Race to Capture a $253 Billion Crypto Threat
A turf war is breaking out in the vast world of digital payments - and the incumbents are suddenly on defense.
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Exclusive: Government Weighs Charges On UPI Payments Over Rs 3,000
This comes as banks and payment service providers have raised concerns about the rising cost of handling high-value digital transactions.
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Monkey Snatches Man's Bag With Rs 20 Lakh Jewellery In UP, Then This Happens
Aligarh-based diamond merchant Abhishek Agarwal and his family were left shell-shocked when a monkey snatched his handbag containing jewellery worth Rs 20 lakh.
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Mehul Choksi's Flats Maintenance Due Around Rs 63 Lakh: Society member
Fugitive Indian Businessman Mehul Choksi's flat maintenance at Gokul Apartments in Malabar Hill in Mumbai has dues around Rs 63 lakh rupees, a society member said on Monday.
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Dubai-Based ByBit Adds Support for eRupee CBDC Following Feedback from Indian Merchants
ByBit, the crypto exchange based in Dubai, said it has received multiple requests from Indian merchants urging support for eRupee transactions. This eRupee feature for ByBit’s P2P transactions will let merchants accept payments in the form of the eRupee, reducing the risk of their bank accounts being targeted by cybercriminals.
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Visa Partners Wirex to Offer Crypto Payment Services to Merchants Globally
Visa has struck a partnership with Wirex to bring crypto payment services to merchants around the world. An alternative to banking, Wirex allows people to process transactions in traditional currencies as well as through crypto assets.
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Paytm Gets Third-Party UPI App License From NPCI as Payments Bank Ceases Operations
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.
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RBI Expects To Launch Interoperable Payment System For Net Banking In 2024
RBI expects to launch interoperability of digital payment systems for internet banking in 2024 to enable faster fund settlements for merchants, Governor Shaktikanta Das said on Monday.
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RBI Action On Paytm Payments Bank Not Impacting Merchants' Trust, Says Survey
The reason behind merchants' confidence is the fact that a Paytm representative reached out to them after the RBI decision.
-
Paytm Crackdown Signals More RBI Scrutiny on India Banks
India stunned investors last month by abruptly suspending most activities of the banking affiliate of Paytm, a once high-flying fintech star that had attracted backing from Warren Buffett and SoftBank Group Corp. While the Paytm case was an extreme example of lapses in customer verification — it allegedly used a single identity document to open t...
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"Onboarding More Merchants, Heartening To See Unwavering Support": Paytm
Paytm founder, Vijay Shekhar met with Union Finance Minister Nirmala Sitharaman on Tuesday and discussed the ongoing issue of the company, ANI reported quoting its sources.
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Digital Pound Benefit Assessment Conducted in UK as CBDC Rollout Comes Close
On the order of the UK Parliamentary Committee and the House of Commons, the Bank of England and the UK Treasury have analysed the benefits that could entail the launch of this CBDC. As part of the assessment, the Bank of England said CBDCs could reduce higher payment costs faced by smaller merchants among other findings.
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Mehul Choksi To Not Object Bank's Petition Seeking Release Of Properties: Court
A special court in Mumbai on Wednesday rejected absconding diamond merchant Mehul Choksi's application seeking to intervene in an application filed by the ICICI Bank for the release of certain mortgaged properties worth Rs 636 crore.
-
UPI Now Accepted In Qatar, Qatar Duty Free Becomes First Merchant
NPCI International Payments Ltd, in partnership with Qatar National Bank, has enabled the acceptance of QR code-based Unified Payments Interface across Qatar via point-of-sale terminals for merchants acquired by QNB
-
India's UPI Revolution Powers 50% Of World's Digital Payments
India is now a global leader in fast payments and theUnified Payments Interface (UPI)is the main driver, as per the InternationalMonetary Fund(IMF).
-
Visa, Mastercard Race to Capture a $253 Billion Crypto Threat
A turf war is breaking out in the vast world of digital payments - and the incumbents are suddenly on defense.
-
Exclusive: Government Weighs Charges On UPI Payments Over Rs 3,000
This comes as banks and payment service providers have raised concerns about the rising cost of handling high-value digital transactions.
-
Monkey Snatches Man's Bag With Rs 20 Lakh Jewellery In UP, Then This Happens
Aligarh-based diamond merchant Abhishek Agarwal and his family were left shell-shocked when a monkey snatched his handbag containing jewellery worth Rs 20 lakh.
-
Mehul Choksi's Flats Maintenance Due Around Rs 63 Lakh: Society member
Fugitive Indian Businessman Mehul Choksi's flat maintenance at Gokul Apartments in Malabar Hill in Mumbai has dues around Rs 63 lakh rupees, a society member said on Monday.
-
Dubai-Based ByBit Adds Support for eRupee CBDC Following Feedback from Indian Merchants
ByBit, the crypto exchange based in Dubai, said it has received multiple requests from Indian merchants urging support for eRupee transactions. This eRupee feature for ByBit’s P2P transactions will let merchants accept payments in the form of the eRupee, reducing the risk of their bank accounts being targeted by cybercriminals.
-
Visa Partners Wirex to Offer Crypto Payment Services to Merchants Globally
Visa has struck a partnership with Wirex to bring crypto payment services to merchants around the world. An alternative to banking, Wirex allows people to process transactions in traditional currencies as well as through crypto assets.
-
Paytm Gets Third-Party UPI App License From NPCI as Payments Bank Ceases Operations
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.
-
RBI Expects To Launch Interoperable Payment System For Net Banking In 2024
RBI expects to launch interoperability of digital payment systems for internet banking in 2024 to enable faster fund settlements for merchants, Governor Shaktikanta Das said on Monday.
-
RBI Action On Paytm Payments Bank Not Impacting Merchants' Trust, Says Survey
The reason behind merchants' confidence is the fact that a Paytm representative reached out to them after the RBI decision.
-
Paytm Crackdown Signals More RBI Scrutiny on India Banks
India stunned investors last month by abruptly suspending most activities of the banking affiliate of Paytm, a once high-flying fintech star that had attracted backing from Warren Buffett and SoftBank Group Corp. While the Paytm case was an extreme example of lapses in customer verification — it allegedly used a single identity document to open t...
-
"Onboarding More Merchants, Heartening To See Unwavering Support": Paytm
Paytm founder, Vijay Shekhar met with Union Finance Minister Nirmala Sitharaman on Tuesday and discussed the ongoing issue of the company, ANI reported quoting its sources.
-
Digital Pound Benefit Assessment Conducted in UK as CBDC Rollout Comes Close
On the order of the UK Parliamentary Committee and the House of Commons, the Bank of England and the UK Treasury have analysed the benefits that could entail the launch of this CBDC. As part of the assessment, the Bank of England said CBDCs could reduce higher payment costs faced by smaller merchants among other findings.
-
Mehul Choksi To Not Object Bank's Petition Seeking Release Of Properties: Court
A special court in Mumbai on Wednesday rejected absconding diamond merchant Mehul Choksi's application seeking to intervene in an application filed by the ICICI Bank for the release of certain mortgaged properties worth Rs 636 crore.
