digital transactions

Digital payment apps have caught up with street vendors like never before, aiding India’s digital growth | File | Photo Credit: The Hindu India with 89.5 million digital transactions in the year 2022 has topped the list of five countries…

National Payments Corporation of India (NPCI), the governing body of Unified Payment Interface (UPI) - India's prominent digital payment network - has announced it touched a record high of Rs 14.3 trillion in terms of value and 9.41 billion…

The Reserve Bank of India's (RBI) decision to withdraw the Rs 2,000 note from circulation will not affect the common man, according to former Chief Economic Advisor Krishnamurthy Subramanian.Subramanian, who had earlier defended the 2016…

India has more rural internet users than urban users and the nation is the world's number one in digital transactions, Prime Minister Narendra Modi said here on Saturday, inaugurating several projects in the road and railway sectors. In his…

Payments through the Unified Payments Interface (UPI) touched a record high of Rs. 12.82 lakh crore in December. During the month, 782 crore transactions in volume terms were done on the platform, which was launched in 2016."UPI has made…

India’s National Payments Corporation of India (NPCI) and the Reserve Bank of India (RBI) are reportedly in the midst of deciding whether the unlimited transactions carried out via Google Pay, PhonePe and others should continue or not. The…

NEW DELHI: Jury is still not out on the decision to demonetise high value currency notes on November 8, 2016, with the government claiming it has helped greater formalisation of the economy while critics saying it has failed to curb black…

India saw 9.36 billion transactions amounting to Rs 10.25 trillion in the first quarter (January-March period) via various payment modes led by Unified Payment Interface (UPI), a new report showed on Monday. The UPI P2M (person to merchant)…

Bengaluru: The Ministry of Electronics and Information Technology (MeitY) said on Wednesday that digital transactions worth Rs 7,422 crore have been conducted in the current fiscal (FY22), as of February 28. That’s 33% a jump from the whole…

Chennai: ToneTag, which uses encrypted sound waves to make offline, proximity-based contactless payments on any device, said on Thursday it is collaborating with Elocity, an electric vehicle (EV) charging solutions company, to solve payment…