The adoption of digital payments depends on supply side factors such as robust payments infrastructure, reduced cost of online payments, among others. UPI and wallets are giving stiff competition to debit and credit card based payments read more

So far, Google Play store supported payments via credit cards, debit cards, net banking and carrier billing. read more

Choices pertaining to the payments space during 2018-19 portrays a different picture, with ATM transactions being the highest. Going forward, ATM transactions are expected to comprise 5% of total transactions between 2021-22 and 2024-25. read more

The one-year old firm currently facilitates 18 million UPI payments every month. The startup had also forayed into lending earlier this year. read more

The move is expected to benefit the small kirana stores which have become well-versed with the digital payment system and have been receiving money directly into their bank accounts. read more

Truecaller Pay bug which signed up on its payment service without permission has now been taken care of. Truecaller explains the reason behind the vulnerability. read more

In a statement, the developers of Truecaller — known for its crowd-sourced caller identification feature — said the fault was in “the latest update of Truecaller that affected the payments feature, which automatically triggered a registration”. read more

The victims found company’s helpline number online and were sent a link to make the payments. read more

The arrested man, identified as Abhilash Kumar, 24, hails from Bulandshahr in Uttar Pradesh. A BBA graduate, Abhilash works at a private company, and was arrested from Janakpuri in Delhi where he was living. His bank account’s passbook and his debit... read more

RRB Paramedical Recruitment 2019: Follow these steps to pay the application fee online by Net banking\/UPI\/Debit Card or credit card. read more

Truecaller pointed out that it was already storing payments data of its Indian users, who use its unified payment interface (UPI)-based payment service in India. read more

Truecaller says its platform has up to 100,000 users linking their bank accounts on a daily basis, of which as much as 50% of the new users are experiencing UPI for the first time. read more

RuPay process payments between banks and merchants for purchases made with credit or debit cards, while UPI instantly transfers funds between two bank accounts linked to mobile phones. read more

Paytm on Friday said it witnessed 600 % growth in the Unified Payments Interface (UPI) transactions in the last six months. The platform registered over 179 million UPI transactions in October. read more

Officials privy to the matter claimed that the victim had come to the city to lodge a complaint of fraud on the pretext of getting her photoshoot done to help her enter the Punjabi film industry. read more