Create UPI Payments Link At Ease: Follow These Steps
Unified Payment Interface or UPI has revolutionised how we spend money in India and took the digital India initiative to a new level. Today, almost every vendor and shopkeeper uses a UPI payment system. As of July 2023, there are around 300 million UPI users in India, and around 500 million merchants use UPI systems…
Will Paytm Be Able To Survive The Recent Crisis?
Paytm has been going through a tough time after RBI instructed Fintech to seize its Paytm payment bank services indefinitely. Paytm’s market value has dropped a whopping $2.5 billion in the last few days. Now, there are talks that the Central Bank of India might cancel the licence of Paytm Payment Bank after the March…
UPI Breaks Record Of 10-Billion Transactions In August 2023
The National Payments Corporation of India (NPCI) proudly announced that the Unified Payments Interface (UPI) has achieved an astounding milestone by recording over 10 billion transactions in August. This achievement underscores the growing popularity of digital payments in India. According to NPCI data, on August 30, UPI recorded 10.24 billion transactions worth Rs 15.18 trillion…
Paytm Joined Hands With Credit Card Issuer SBI And NPCI
One97 Communication Limited, the parent of one of the most successful fintech Paytm, collaborated with two other companies, SBI Card and National Payments Corporation of India (NCPI), on Thursday to bring a new credit card to the market. The conglomerate calls it an initiative for the growth of inclusive digital-first financial services in India. During…
One97 Communication Approved Re-appointment Of Vijay Shekhar Sharma
The shareholders of One97 Communications, a brand that operates under Paytm, have approved the re-appointment of Vijay Shekhar Sharma as managing director and chief executive officer of the company. IiAS, an investors advisory firm, said that Vijay made several commitments in the past to make the company profitable; however, these have not played out. According…
Out Of 100 India’s Unicorns, Only 18 Have Yielded Profit
Google-backed neobank Open became the 100th unicorn of India with a $1 billion valuation. There are a total of 100 unicorns in India, including Mamaearth, EaseMyTrip, Ola, and Flipkart to name a few. But how many of these are profitable? According to the statistics from the media portal, only 18 unicorns have achieved profitability. Reports…
‘No Chance Of Data Leak’ Stated Paytm Payments Bank
Recent reports have increased the trouble of digital payment giant, ‘Paytm’, stating that they are leaking data of their customers to Chinese firms. RBI has restricted the Paytm Payments Bank to include new customers, due to the reports that suggest data leaks from Paytm to Chinese firms. The Reserve Bank Of India has also called…
RBI Has Changed Online Payment Rules- Effective From New Year
Reserve Bank of India has Announced Changing the Guidelines for Merchants and Gateways. The Revised Online Payment Rules Will Be in Effect from January 1. Read This Post To Know Everything About Newly Amended Rules. With a bounce in digital payments in India, the chances of fraud have also increased. Online transactions are always prone…
- 1
- 2