Digital payments

New Delhi: Digital payments giant Paytm (One 97 Communications) received a critical lifeline on Thursday. The National Payments Corporation of India (NPCI) granted Paytm a third-party application provider (TPAP) license, enabling them to…

Mumbai: Facing the closure of its payments bank arm, Paytm, India's leading digital payments platform, is reportedly in talks with major banks to maintain its Unified Payments Interface (UPI) services. To ensure a smooth transition, Paytm…

Mumbai: The country’s largest lender, the State Bank of India has launched the ‘Nation First Transit Card’ at the Global Fintech Fest 2023. The newly launched card is a RuPay NCMC Prepaid Card that will facilitate the seamless and…

New Delhi: The Reserve Bank of India (RBI) has increased the offline UPI transaction limit to Rs 500 from the previous limit of Rs 500 within the overall cap of Rs 2000. UPI Lite, introduced by the NPCI and RBI in September 2022, allows…

New Delhi: The Reserve Bank of India has announced new measures to expand payment options for Indian travellers abroad. Banks in India will now be allowed to issue RuPay Prepaid Forex cards, which can be used at ATMs, PoS machines, and…

New Delhi: India has seen an astounding rise in digital payments. According to a report by the National Payments Corporation of India (NCPI), the UPI, debit and credit cards, prepaid payment methods including mobile wallets, and prepaid…