Digital payment transactions accounted for 99.7 per cent in terms of volume and 97.5 per cent in value in the payments system during calendar year 2024, and the trend continued in the first half of 2025, according to a Reserve Bank report
Bank Holiday Today: An important point to be noted here is that online banking and digital payment services will continue to function normally.
Digital payments have made consumers smarter about how they spend, Mastercard's Asia-Pacific Head Gautam Aggarwal has said.
Union IT and Railways Minister Ashwini Vaishnaw has said that India's digital architectures are being endorsed and embraced globally, with at least 13 countries adopting the Unified Payments Interface (UPI).
On Friday, October 17, around 5:30 pm, a dispute between a passenger and a vendor selling samosas on platform number 5 turned violent in no time.
A plastic debit or credit card that we use today may not exist in the coming years, said Gautam Aggarwal, President, South Asia, Mastercard, suggesting that the future of payments could entirely be digital, requiring no physical form.
India today accounts for around 50 per cent of all digital monetary transactions - including those via UPI, or unified payments interface, applications - in the world, and dominates this space, Prime Minister Narendra Modi said Friday night.
The auspicious day of Dhanteras is here, and it marks the start of the festive season in India. It is almost customary to commemorate this occasion by purchasing metals like gold and silver as a mark of good fortune. Instead of making the purchases physically, you can buy digital gold as a more convenient means of making the investment. Here are five apps that you can...
If the toll charge for a vehicle is Rs 100 through FASTag, a driver will now pay Rs 125 when using UPI and Rs 200 when paying in cash.
The tax authorities have launched an extensive investigation into over 400 wealthy Binance users for possible tax evasion between 2022 and 2025. Officials are examining peer-to-peer trades and payments via banks, Google Pay, and cash. Binance’s re-entry in 2024, following a $2.25 million (Rs. 20 crore) fine and registration with the FIU, has given authorities access...
IMF chief Kristalina Georgieva praised India's 'bold economic and structural reforms' - from revised direct and indirect tax laws to the mass rollout of a digital payments ecosystem - on the first day of a meeting of world financial leaders.
The aim of the scheme is to provide vital support to the street vendors and small businesses across the country, and promote entrepreneurship.
Growing adoption of India's UPI in France has led to a significant increase in the number of Indian tourists visiting the country, according to Christophe Mariette, Chairman of Lyra Network.
If you are planning a train journey soon, here is a handy guide to travelling stress-free, without constantly checking your bag every few minutes.
London-based digital finance firm Revolut said on Wednesday it will launch its payment platform in India, its first foray into one of the world's largest digital payments markets, as part of a planned global expansion.
NPCI and RBI unveiled several initiatives to advance India’s digital payments ecosystem on Tuesday. NPCI launched on-device biometric authentication for UPI, allowing fingerprint or face unlock for transactions up to Rs. 5,000, and Aadhaar-based face authentication for setting or resetting UPI PINs. UPI Lite now supports payments via wearable smart glasses. New cash...
Qatar National Bank (QNB) has integrated JPMorgan’s Kinexys Digital Payments platform to process US dollar corporate transactions in minutes. The platform offers 24/7 settlement, handling billions daily, and signalling growing institutional adoption of blockchain. Analysts say this move strengthens confidence in digital assets like Bitcoin, Ethereum, and Chainlink, ...
External Affairs Minister S Jaishankar has offered India's expertise to Central American countries in the fields of digital payment system, information technology, pharmaceuticals, and agriculture to tackle shared problems.
Banned terrorist group Jaish-e-Mohammed will now be known as Al-Murabitun - which means 'defenders of Islam' in Arabic - within Pakistan, intel sources told NDTV this week.
The Australian Securities and Investments Commission (ASIC) has introduced class relief that exempts intermediaries from needing separate licences to distribute stablecoins issued by licensed providers. The initiative is intended to lower compliance hurdles and encourage growth in the digital assets sector. At the same time, ASIC emphasised that issuers must continue ...
NPCI has increased UPI transaction limits, allowing users to make high-value payments from their phones. The changes will come into effect soon. People will be able to make payments in various categories, like capital markets, insurance, government e-marketplace, travel, and credit card repayments. Now users will be able to send up to Rs. 10,00,000 in 24 hours.
Blink Charging will integrate cryptocurrency payments across its Blink Network by the end of 2025. The initiative will allow EV drivers to pay for charging sessions with digital assets through the Blink App. The company has over 93,000 charging stations worldwide and sees this move as aligning transportation with the future of finance.
Japan’s Financial Services Agency has proposed transferring cryptocurrency oversight from the Payment Services Act to the stricter Financial Instruments and Exchange Act. The move aims to address issues such as unregistered operations, scams, disclosure gaps, and security flaws, while improving investor protection. If approved by the Financial System Council and gov...
In a significant development, the Unified Payments Interface (UPI) crossed 20 billion transactions in August for the first time in its history, the National Payments Corporation of India (NPCI) data showed on Monday.
