Payments System
- All
- News
- Videos
- Web Stories
-
"Super Awesome" - Tea Shop In Kerala With Coconut Barter System Wins Hearts Online
A humble tea shop in Kannur, Kerala, has received a lot of interest on social media after a video about its unique non-cash barter system went viral.
-
South Korea May Soon Let Tourists Use International Credit Cards For Public Transport
This convenience is expected to make South Korea even more attractive for international travellers, especially those planning multi-city itineraries across Seoul, Busan and other regions.
-
What Is DHRUVA? All About India Post's UPI-Like Digital Address System
If implemented as proposed, DHRUVA could become one of India's most ambitious digital infrastructure projects like Aadhaar and UPI.
-
Government Body Recommends AI Companies Pay Royalties to Rightsholders for Copyrighted Content
DPIIT has proposed a mandatory blanket licensing system to address copyright concerns around AI training in India. The draft paper recommends requiring companies like Google and OpenAI to pay a flat royalty when commercial models are trained on copyrighted works, with payments managed by a new central body. The plan rejects free use or opt-out sche...
-
US Tourist Surprised By China's Parking System That Locks Cars Without Payment: "How Insane"
He showcased a Chinese parking system where a physical barrier automatically pops up to "trap" the car in its spot if the driver has not paid the required fee.
-
IMF Lists UPI As World's Largest Real-Time Payment System
The International Monetary Fund (IMF) has recognised India's Unified Payments Interface (UPI) as the world's largest retail fast-payment system by transaction volume, the Parliament was informed on Monday.
-
RBI Announces Interlinking Of UPI With European Instant Payment System
In a significant move, the Reserve Bank of India (RBI) on Friday has announced the interlinking of Unified Payments Interface (UPI) with the TARGET Instant Payment Settlement (TIPS) of the Eurosystem.
-
Razorpay Co-Founder Responds After Viral Clip Shows Payment Device Scam: 'We Will Disable'
Razorpay founder Shashank Kumar responded to the scam by announcing a software update to restrict gallery access on payment devices.
-
Crypto Firms Form Global Alliance to Standardise Stablecoin Payments
A group of major blockchain organisations, including Solana Foundation, Polygon Labs, Stellar Development Foundation, and Fireblocks, has launched the Blockchain Payments Alliance to improve interoperability and compliance across stablecoin payments. The collaboration seeks to create unified standards for digital transactions, reduce fragmentation ...
-
Google Brings Major Changes to Play Store Operations in the US After Epic Games Ruling
Starting October 29, Google can no longer restrict the use of alternative payment systems in the US Play Store. Also, the tech giant can not force the developers to use Google Play Billing for payments. The latest update is in line with an injunction resulting from the Epic vs. Google case. Google has listed out the changes being made today on this...
-
Digital Payments Account For 99.8% Of Transactions, UPI Leads With 85%: RBI
Digital payment transactions accounted for 99.7 per cent in terms of volume and 97.5 per cent in value in the payments system during calendar year 2024, and the trend continued in the first half of 2025, according to a Reserve Bank report
-
'India Proved Doubters Wrong...': IMF Chief's Praise In Global Economy Meet
IMF chief Kristalina Georgieva praised India's 'bold economic and structural reforms' - from revised direct and indirect tax laws to the mass rollout of a digital payments ecosystem - on the first day of a meeting of world financial leaders.
-
How to Use Biometric Authentication for UPI Payments in India: A Step-by-Step Guide
NPCI and RBI announced biometric and wearable glass-based authentication for UPI in India. Users can now verify payments via fingerprint or face unlock instead of a PIN, with Aadhaar-linked data and an initial Rs. 5,000 limit. The system aims to enhance convenience and security, especially for seniors. However, experts caution against accidental pa...
-
Navi UPI Unveils Biometric-Based Payments for iOS, Android at Global Fintech Festival 2025
Navi UPI has introduced biometric authentication and a simplified onboarding process in India, claiming to be the first UPI app to offer biometric payments at scale. Users can now authorise transactions via fingerprint or facial recognition, eliminating the need for a PIN. The system uses secure, OS-native technology, keeping data on-device and enh...
-
Criminals Offer Reporter 'Life-Changing' Money To Hack BBC: "You'll Never Need To Work Again"
The shocking incident raises concerns about the vulnerability of organisations, even reputable ones like the BBC, to cyber threats.
![Gadgets 360 With Technical Guruji: News of the Week [August 31, 2024]](https://c.ndtvimg.com/2024-08/2m8r1un4_news-of-the-week_640x480_31_August_24.jpg?downsize=245:163 "Gadgets 360 With Technical Guruji: News of the Week [August 31, 2024]")
-
"Super Awesome" - Tea Shop In Kerala With Coconut Barter System Wins Hearts Online
A humble tea shop in Kannur, Kerala, has received a lot of interest on social media after a video about its unique non-cash barter system went viral.
-
South Korea May Soon Let Tourists Use International Credit Cards For Public Transport
This convenience is expected to make South Korea even more attractive for international travellers, especially those planning multi-city itineraries across Seoul, Busan and other regions.
-
What Is DHRUVA? All About India Post's UPI-Like Digital Address System
If implemented as proposed, DHRUVA could become one of India's most ambitious digital infrastructure projects like Aadhaar and UPI.
-
Government Body Recommends AI Companies Pay Royalties to Rightsholders for Copyrighted Content
DPIIT has proposed a mandatory blanket licensing system to address copyright concerns around AI training in India. The draft paper recommends requiring companies like Google and OpenAI to pay a flat royalty when commercial models are trained on copyrighted works, with payments managed by a new central body. The plan rejects free use or opt-out sche...
-
US Tourist Surprised By China's Parking System That Locks Cars Without Payment: "How Insane"
He showcased a Chinese parking system where a physical barrier automatically pops up to "trap" the car in its spot if the driver has not paid the required fee.
-
IMF Lists UPI As World's Largest Real-Time Payment System
The International Monetary Fund (IMF) has recognised India's Unified Payments Interface (UPI) as the world's largest retail fast-payment system by transaction volume, the Parliament was informed on Monday.
-
RBI Announces Interlinking Of UPI With European Instant Payment System
In a significant move, the Reserve Bank of India (RBI) on Friday has announced the interlinking of Unified Payments Interface (UPI) with the TARGET Instant Payment Settlement (TIPS) of the Eurosystem.
-
Razorpay Co-Founder Responds After Viral Clip Shows Payment Device Scam: 'We Will Disable'
Razorpay founder Shashank Kumar responded to the scam by announcing a software update to restrict gallery access on payment devices.
-
Crypto Firms Form Global Alliance to Standardise Stablecoin Payments
A group of major blockchain organisations, including Solana Foundation, Polygon Labs, Stellar Development Foundation, and Fireblocks, has launched the Blockchain Payments Alliance to improve interoperability and compliance across stablecoin payments. The collaboration seeks to create unified standards for digital transactions, reduce fragmentation ...
-
Google Brings Major Changes to Play Store Operations in the US After Epic Games Ruling
Starting October 29, Google can no longer restrict the use of alternative payment systems in the US Play Store. Also, the tech giant can not force the developers to use Google Play Billing for payments. The latest update is in line with an injunction resulting from the Epic vs. Google case. Google has listed out the changes being made today on this...
-
Digital Payments Account For 99.8% Of Transactions, UPI Leads With 85%: RBI
Digital payment transactions accounted for 99.7 per cent in terms of volume and 97.5 per cent in value in the payments system during calendar year 2024, and the trend continued in the first half of 2025, according to a Reserve Bank report
-
'India Proved Doubters Wrong...': IMF Chief's Praise In Global Economy Meet
IMF chief Kristalina Georgieva praised India's 'bold economic and structural reforms' - from revised direct and indirect tax laws to the mass rollout of a digital payments ecosystem - on the first day of a meeting of world financial leaders.
-
How to Use Biometric Authentication for UPI Payments in India: A Step-by-Step Guide
NPCI and RBI announced biometric and wearable glass-based authentication for UPI in India. Users can now verify payments via fingerprint or face unlock instead of a PIN, with Aadhaar-linked data and an initial Rs. 5,000 limit. The system aims to enhance convenience and security, especially for seniors. However, experts caution against accidental pa...
-
Navi UPI Unveils Biometric-Based Payments for iOS, Android at Global Fintech Festival 2025
Navi UPI has introduced biometric authentication and a simplified onboarding process in India, claiming to be the first UPI app to offer biometric payments at scale. Users can now authorise transactions via fingerprint or facial recognition, eliminating the need for a PIN. The system uses secure, OS-native technology, keeping data on-device and enh...
-
Criminals Offer Reporter 'Life-Changing' Money To Hack BBC: "You'll Never Need To Work Again"
The shocking incident raises concerns about the vulnerability of organisations, even reputable ones like the BBC, to cyber threats.
