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"payments"

  • COVID-19 brings about behavioural change in cash usage

    Daily average transactions on IMPS have now gone up to Rs 9,000 which was earlier in the range of around Rs 6,000-7,000.
  • WhatsApp Payments arrives in Brazil after govt suspension

    Very excited to start enabling Payments in WhatsApp in Brazil today. This will be a gradual roll-out, but enabling people in Brazil to pay one another in conversations as easily as sending a text message is going to be so useful
  • Fintech unicorn Razorpay raises $160 million, takes valuation to $3billion

    With this, Razorpay that became a unicorn in October last year has tripled its valuation in under six months.
  • Signal tests peer-to-peer payments via cryptocurrency

    The company said it aims payments in Signal to be fast, private, and work well on mobile devices.
  • Telangana High Court directs TSSPDCL to clear payments

    The panel also pointed out that the open-access request made to the distribution company was not acted upon and directed immediate action.
  • Twitter CEO Dorsey’s Square firm invests $170M in Bitcoin

    "Combined with Square's previous purchase of $50 million in bitcoin, this represents approximately five percent of Square's total cash, cash equivalents and marketable securities as of December 31, 2020," the company announced.
  • Round-the-clock money transfers now possible

    Now, they all are available round-the-clock with RTGS getting offered 24/7 in the second week of December.
  • WhatsApp to help users buy ‘sachet-sized’ health insurance

    The Facebook-owned company noted that its 'Payments' feature is now available to users across the country (currently up to 20 million users) with support from banking partners - State Bank of India, HDFC, ICICI and Axis Bank.
  • Razorpay partners with PayPal to help Indian MSME’s go global

    The move comes at a time when leveraging digital technologies has become more crucial for businesses than ever in view of the pandemic.
  • Link accounts with Aadhaar: Finance Minister to banks

    Minister said the financial inclusion story is not over and banks still have inclusion to carry forward. There are many accounts which are not linked with Aadhaar
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