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Paytm’s market share continues to fall after RBI crackdown

Paytm's market share falls for the fourth month after RBI ordered its affiliate, Paytm payments bank to close.

A QR code for the Paytm digital payment system at a store in Mumbai, India.(Bloomberg)
Published on Jun 08, 2024 08:21 PM IST
By | Edited by Abhyjith K. Ashokan

Charlotte police investigation of deaths of 4 officers finds suspect acted alone; no friendly fire

Charlotte police investigation of deaths of 4 officers finds suspect acted alone; no friendly fire

Charlotte police investigation of deaths of 4 officers finds suspect acted alone; no friendly fire
Updated on Jun 01, 2024 09:24 AM IST
AP |

Maldives to soon launch India's RuPay service

RuPay is the first of its global card payment network in India. Meanwhile, Maldives has not announced any date for the launch of the service.

RuPay, a product of the National Payments Corporation of India (NPCI), is the first of its global card payment network in India, with wide acceptance at ATMs, POS devices, and e-commerce websites across India.
Published on May 23, 2024 10:29 PM IST
PTI |

Angie Harmon is suing an Instacart shopper who shot and killed her dog, Oliver

Angie Harmon is suing an Instacart shopper who shot and killed her dog, Oliver

Angie Harmon is suing an Instacart shopper who shot and killed her dog, Oliver
Published on May 16, 2024 02:37 AM IST
AP |

North Carolina redistricting attorney who fell short in federal confirmation fight dies at 69

North Carolina redistricting attorney who fell short in federal confirmation fight dies at 69

HT Image
Published on Apr 03, 2024 12:14 AM IST
AP |

James, Brooks help No. 10 NC State hang on to beat Duke 54-51 in ACC quarterfinals

James, Brooks help No. 10 NC State hang on to beat Duke 54-51 in ACC quarterfinals

HT Image
Published on Mar 09, 2024 05:54 AM IST
AP |

Brown, Okanawa lead Duke women to 70-58 win over Georgia Tech in ACC Tournament second round

Brown, Okanawa lead Duke women to 70-58 win over Georgia Tech in ACC Tournament second round

HT Image
Published on Mar 08, 2024 06:03 AM IST
AP |

Aho scores late goal, Kochetkov has 44-save shutout, Hurricanes edge Panthers 1-0

Aho scores late goal, Kochetkov has 44-save shutout, Hurricanes edge Panthers 1-0

HT Image
Published on Feb 23, 2024 09:55 AM IST
AP |

Lexi Donarski scores 23, powers North Carolina past No. 6 N.C. State, 80-70

Lexi Donarski scores 23, powers North Carolina past No. 6 N.C. State, 80-70

HT Image
Published on Feb 23, 2024 08:32 AM IST
AP |

Paytm, Axis Bank to apply this week for third-party route for UPI: Report

The joint application will be submitted with the National Payments Corporation of India (NPCI).

Cutlery vendor switches on Paytm, a digital payments firm, speaker to receive received payment details at a roadside market in Ahmedabad, India, February 5, 2024.REUTERS/Amit Dave/File Photo
Published on Feb 19, 2024 03:11 PM IST
By, New Delhi

NPCI to establish real-time payment link between India, US: Report

The initiative aims to leverage NPCI's expertise in cross-border payments, the report said.

NPCI was incorporated in 2008 as an umbrella organisation for operating retail payments and settlement systems in India. It has created a robust payment and settlement infrastructure in the country.
Published on Feb 13, 2024 12:59 PM IST
By, New Delhi

Hornets, with help from 5 newcomers, beat Grizzlies 115-106 to end 10-game losing streak

Hornets, with help from 5 newcomers, beat Grizzlies 115-106 to end 10-game losing streak

HT Image
Published on Feb 11, 2024 08:49 AM IST
AP |

5 new ways to use UPI payments as 2024 begins with these rule changes

Several changes are set to be introduced in how you use UPI payments. Take a look at them here.

UPI representative image.(Mint file photo)
Published on Jan 01, 2024 03:10 PM IST

Soon, you can transfer up to 5 lakh using IMPS. Here's how it works

Simplified IMPS eliminates need for beneficiary account number and IFSC code

IMPS is a real-time payment service that is available 24*7.(NPCI)
Published on Oct 17, 2023 11:13 PM IST

Soon, you will be able to make voice-based UPI payments, NPCI launches products

Reserve Bank of India (RBI) Governor Shaktikanta Das announced the launch of the products by the National Payments Corporation of India (NPCI).

RBI governor Shaktikanta Das (PTI)
Published on Sep 07, 2023 08:06 AM IST
PTI |

NPCI says no charge on 'normal' UPI payments; but is free service sustainable?

NPCI has said clearly that it will not impose fees on 'regular' UPI transfers. Is UPI, however, a self-sustaining free service, or will it be charged in future?

UPI transactions are free as of now because government funds it from budget. (Mint file photo)
Published on Mar 30, 2023 08:04 PM IST
By | Edited by Aryan Prakash

Gpay, Paytm, other users need not worry about new surcharge; Know reason

NPCI has recently introduced an interchange fee over payments made through UPI in PPI merchant transactions. Know all about PPI, interchange fee and who would pay the charge.

According to NPCI, payments above <span class='webrupee'>₹</span>2,000 made using UPI network will bear a surcharge or interchange fee of up to 1.1%.(Shutterstock)
Updated on Mar 29, 2023 05:01 PM IST
BySnehashish Roy

Paytm answers if customers need to pay fee on UPI payments

Paytm on Wednesday said that “no customer will pay any charges on making payments from UPI either from bank account or PPI/Paytm Wallet.”

Paytm on Wednesday urged to not spread misinformation after NPCI's new rule on digital payments through UPI. (REUTERS)
Published on Mar 29, 2023 04:47 PM IST

Will online payments become costlier? NPCI recommends this…

NPCI released a circular on matter related to charging interchange fees on certain transactions made through UPI.

The interchange fee is usually levied to cover the cost of accepting, processing and authorising the transaction.(File)
Updated on Mar 29, 2023 02:00 PM IST
BySnehashish Roy

Pay electricity bill without smartphone or internet by UPI 123PAY. Check steps

Through UPI 123PAY, feature phone users can undertake a host of transactions based on four technology alternatives.

UPI 123PAY is an instant payment system for feature phone users who can use UPI payment service.(NPCI)
Published on Nov 11, 2022 04:06 PM IST
By | Written by Singh Rahul Sunilkumar | Edited by Aryan Prakash

Digital payments remain preferred mode of payment amid festive season: Study

The survey also showed that pandemic continues to bring changes in consumer behavior. It recorded a rise in number of people across age groups and gender using digital payments more frequently while shopping during festive season. 

One of the major findings of the survey was that 41% of the respondents said that they preferred to use digital modes of payment over other modes of payment.(HT Archive)
Published on Oct 29, 2021 10:59 PM IST
Written by Shankhyaneel Sarkar | Edited by Poulomi Ghosh, Hindustan Times, New Delhi
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