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DIGITAL PAYMENTS GROWTH
Airtel Payments Bank names Shabnam Sinha as chairperson, succeeding Sunil MittalShabnam Sinha will become Airtel Payments Bank chairperson from October 1, 2026. She succeeds Sunil Bharti Mittal, who steps down after ser...
Presenting the jury for The Economic Times Startup Awards 2026Meet the high-powered jury that will pick the winners of the ET Startup Awards 2026.
The next frontier in finance is not a bank. It is the machinery beneath itThe financial services landscape is evolving, emphasizing the importance of software and data infrastructures. In India, digital payments a...
MSMED Bill promises faster payments, but TReDS hurdles and GST ambiguity may leave smaller firms behindThe Micro, Small and Medium Enterprises Development (Amendment) Bill was passed by Parliament last week, nearly two decades after the MSMED...
India’s ride-hailing industry weighs zero commission as drivers eye Rs 1.36 lakh moreNew research suggests ride-hailing drivers could earn significantly more annually. This shift is driven by open digital networks and zero-c...
Geographic base of forex demand in India expanding, 47% demand from Tier 1 cities: Thomas CookBased on transaction data for April 2025 to March 2026, the report highlighted an increasingly diversified forex market driven by rising ou...
Bank of America invests around Rs 18,268 crore for 49.9% stake in Jio CreditBank of America will invest up to $1.9 billion in Jio Credit. This significant foreign investment aims to acquire nearly fifty percent of t...
AvenuesAI Q1 PAT rises 45 percent; Company positions Rediff, US Payments and AI as next growth enginesAvenuesAI's consolidated revenue from operations more than doubling 109% year-on-year to Rs 2,680.4 crore and profit after tax rising 45% t...
DGFT removes physical duty payment challans for export obligation discharge certificate applicationsExporters will no longer need to present physical duty payment challans for EODC applications. The integration of authenticated payment dat...
Project Sudarsan: How Sebi is using AI to police finfluencers with 60% of investors trusting their adviceSebi is stepping up its use of artificial intelligence to monitor misleading financial advice on social media. Its Project Sudarsan tracks ...
PhonePe, Razorpay back selective UPI charges for large merchantsPhonePe cofounder and chief executive, Sameer Nigam, and Razorpay cofounder and chief executive, Harshil Mathur, have argued in favour of a...
SBI missed digital payments bus, now playing catch-up with YONO Pay: Chairman CS SettyState Bank of India chairman admits missing digital payments bus, while YONO app attempts to catch up. Banks and fintech firms argue UPI me...
UPI to remain free for consumers, says Payments Council of IndiaThe Payments Council of India clarified UPI transactions will remain free for consumers. Small merchants, including kirana stores, will als...
Withdrawal of zero MDR may jeopardise one of India’s most successful public policy innovationsThe Payment and Settlement Systems Amendment Bill has revived debate over MDR on UPI. While charges could support banks and fintech firms, ...
Why UPI needs transaction feesA groundbreaking bill has been introduced that permits merchant discount rates on UPI transactions. This innovative change aims to enhance ...
Mastercard says UPI complements digital payments ecosystem, not a competitorMastercard sees India's UPI as a complementary platform for digital payments. This homegrown system has significantly expanded the country'...
UPI no challenge to Mastercard, has expanded digital payments: ExecMastercard India head Gautam Aggarwal sees UPI as a complementary system. UPI has educated consumers and expanded the digital payments mark...