Online Payment News
Majority of the payment and fintech companies have jumped in the AI rushto seize the moment.
Kearney India and Amazon Pay India have released of a comprehensive new report, "How Urban India Pays", in which it has found India's rapid shift towards a cashless economy, driven by a surge in digital payment adoption by both consumers and merchants.
IRCTC introduces QR code payment for food items
Currently, this facility will be only available on Sampoorna Kranti express trains
IRCTC QR code will be available on the menu
State Bank of India has tweeted a video on safe tips to protect customers from fraudulent transactions
SBI tweeted about the protection measures the customers can take in case they have been a victim of the same.
Protect yourself from cyber-criminals by staying alert and informed, SBI said.
The cyber criminals have become very active to exploit the vulnerability of customers in the wake of the coronavirus outbreak.
The Reserve Bank levies minimum charges on banks for transactions routed through its RTGS meant for large-value instantaneous fund transfers and the NEFT System for other fund transfers. Banks, in turn, levy charges on their customers.
It is suspected that the man entered his pin on the card machine where the amount was meant to be punched in.
The apex court had set March 31 as the deadline for the sale and registration of BS-III vehicles.
Online marketplace Amazon India has secured a licence to operate pre-paid payment instrument (PPI) or mobile wallet in the country as it tries to compete more aggressively against rivals Snapdeal and Paytm.
LazyPay appears as a payment option at the time of checkout on websites and apps integrating the product.
Muthoot Securities Limited (MSTL), the broking and wealth management division of The Muthoot Group, has launched an innovative product - iWill that offers online Will writing that can be completed in just 30 minutes.
Facebook announced Monday a new online payment system that will allow businesses to sell directly to consumers on its Messenger application.
Oil marketing companies are planning to introduce a a system using which LPG cylinder customers can pay by sending text messages with payment links.
Consumers can now make online payment for the cooking gas or LPG cylinders at the time of booking.
Digital payments platform FreeCharge today announced the appointment of Anshul Kheterpal as its chief financial officer.
Mobile wallet company Mobikwik has said it expects monthly GMV to touch Rs 700-800 crore over the next 12 months with half of it coming from offline channels like mom-and-pop stores and restaurants.
In order to facilitate e-commerce, RBI Thursday permitted banks to enter into pacts with Online Payment Gateway Service Providers (OPGSPs) for import payments.
Sequoia Capital-backed Citrus Payment Solutions, which operates online checkout and payment solution Citrus Pay, is looking to double its gross merchandise value (GMV) run rate to about USD 4 billion by the end of the fiscal.
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