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The NPCI proposal was aimed at increasing revenue for banks and payment service providers, who have been struggling with the high cost of UPI transactions
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India's leading digital payments and financial services company Paytm has revamped platform is expected to further power its fast, secure and seamless payments.
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Contrary to the initial apprehensions, common people have ceaselessly embraced the digital payment system
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Sri Rajarajeshwara Swamy temple, Vemulawada, authorities have decided to update services being provided to devotees in the shrine
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India has made a significant impact on the retail payment systems in the country with various solutions.
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New Delhi: Finance Minister Nirmala Sitharaman on Tuesday while addressing the Global Fintech Fest in Mumbai said that India has led the way towards an inclusive financial world through digital payments. She said the National Payments Corporation of India (NPCI) was taking the UPI platform internationally, helping countries to create their own payment systems and […]
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Hyderabad: The State police will soon have a Cyber Security Centre for Excellence to help in its fight against cybercrime. Director General of Police M Mahender Reddy, addressing a Cyber Safety and National Security event at the Indian School of Business at Gachibowli, said the centre would be set up in association with IT companies, […]
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New Delhi: Meta-owned WhatsApp has confirmed that it is running a cash-back campaign in India to drive more users on its digital payments service. The company is giving away Rs 11 cashback up to three times by sending money to three different contacts via unified payments interface (UPI) on WhatsApp. “We are running a campaign […]
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New Delhi: Micro-blogging site Twitter on Wednesday announced that it has partnered with Paytm Payments Services Limited, a wholly-owned subsidiary of digital payments and financial services platform Paytm, as a payments partner for Tips in India. Through Tips, users can support their favourite creators or small business owners on Twitter by using any Paytm Payment […]
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New Delhi: With an aim to increase the penetration of digital payments, the Reserve Bank of India has decided to develop the UPI platform for feature phones. India has one of the largest mobile phone users base, with around 118 crore users. A large part of them use feature phones. “In the first cohort of […]
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Five years on, demonetisation neither punished the corrupt nor did it help create a more equal society
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The company plans to raise Rs 8,300 crore through fresh equity and another Rs 8,300 crore through offer-for-sale
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According to Paypal senior vice president Dan Leberman, the company is making changes to its published rates in the US "to better align our pricing with the value that our products and services provide".
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The hardware wallet will be build entirely in the open, from software to hardware design, and in collaboration with the community, he said in a tweet on Friday.
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Hyderabad: Origo, an agriculture finch, launched a digital auction platform for farmers for better prices, direct connect and digital payments. It offers options such as price discovery, price risk, trade settlement, forward and reverse auction. The platform will allow all participants to register digitally through their mobile phones and receive notifications on upcoming auctions. It […]
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"Paytm is 30-50 per cent larger than its competition. Dominates digital payments with over 1.2 billion monthly transactions led by growth in merchant payments," Paytm vice-president Narendra Yadav said.
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The report claimed India was ahead of China with 25.5 billion real-time payments transactions in 2020, compared to the northern neighbour's 15.7 billion.
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"We are kicking off our most aggressive national marketing campaign ever, starting with IPL 2021 next month," Sameer Nigam, Founder & CEO, PhonePe, said in a statement.
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Prasad said the government also intends to lay BharatNet in villages all over India and the prime minister wants this to be accomplished in the coming 1000 days.
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Startups and MSMEs termed the Budget as pro-growth and pro-technology and will usher in the digital payments era of the country.