"digital-transactions"

The RBI has proposed new safeguards to curb rising digital payment frauds, including a one-hour delay for transfers above Rs 10,000, trusted-person authentication for seniors, limits on large credits, and a “kill switch” to disable digital payments instantly

The government has assured Parliament that there is no shortage of lower-denomination currency notes in circulation, with the RBI supplying hundreds of crores of Rs 10, Rs 20, and Rs 50 notes this financial year.

According to a report by fintech consulting and advisory firm The Digital Fifth, UPI is more than just a payment system—it serves as a comprehensive financial ecosystem driving India's digital-first economy.

This initiative aims to reduce cyber security threats and malicious activities like phishing; and, streamline secure financial services, thereby enhancing trust in digital banking and payment services, says RBI

Reserve Bank of India has asked banks to follow two particular phone numbering series for transactional and promotional purposes. The move comes amid a surge in fraud cases

The seamless digital journey via the UPI mode has also resulted in people overspending on stuff they actually may not need at times.

New Delhi: Prime Minister Narendra Modi on Sunday said that over 20,000 crore digital transactions are taking place on a daily basis wherein small online payments are helping to build a big digital economy. Addressing the nation in his 88th monthly programme ‘Mann Ki Baat’, he said digital transactions worth over Rs 20,000 crore are […]

Now, they all are available round-the-clock with RTGS getting offered 24/7 in the second week of December.

Will see a further increase to $857 billion by 2030, according to Accenture