Debit cards double in 5 years, but ATMs see only 20% riseWhile cash in circulation has jumped to Rs 21.36 lakh crore, the ATM network of banks has shrunk from 2.06 lakh a year ago to 2.02 lakh thi...
04 May, 2019, 11.28 AM IST
NPCI appoints Dilip Asbe as its new Chief executive officerAsbe, who has previously worked with Euronet and Prizm Payments had joined NPCI way back in January 2010 as its first employee and as a chi...
08 Jan, 2018, 07.09 PM IST
Dilip Asbe is appointed as the acting chief executive of NPCI, after A.P. Hota retiresDilip Asbe, had joined NPCI as its first employee in 2010 as its chief technology officer and was elevated to the position of the chief ope...
11 Aug, 2017, 08.24 PM IST
Freecharge introduces Google Play category on its platformCustomers can make payment of a desired amount to receive a Google Play recharge code using the Google Play category on Freecharge.
25 Jan, 2017, 04.53 PM IST
Withdrawal cap hike may add to losses of ATM companiesLobbying by banks to reduce the number of free transactions to three from five could lead to fewer transactions which will add to ATM opera...
18 Jan, 2017, 10.37 AM IST
Payment companies that run ATMs want to be compensated“ATMs should also be considered part of the digital payments channel and not treated only as machines spitting out cash,“ said Himanshu Puj...
13 Jan, 2017, 10.28 AM IST
NPCI starts pilot for Bharat Bill Payment SystemIt is an integrated platform connecting banks and non-bank entities in bill aggregation business like billers, payment service providers, r...
31 Aug, 2016, 01.04 PM IST
ItzCash gets RBI nod for Bharat Bill Payments SystemIt would help enable individuals to pay all kinds of bills such as water, electricity, telephone at any of the retail outlets of the Bharat...
04 Jul, 2016, 03.18 PM IST
FIPB to take up 14 FDI proposals on January 14Inter-ministerial panel FIPB will take a call on 14 foreign investment proposals, including those of ICICI Prudential Life Insurance and dr...
08 Jan, 2016, 05.39 PM IST
Euronet teams up with Flipkart to speed up online paymentsThe company has tied up with Flipkart last November. The Rs 1.5 cr value has come mostly (90-95%) from the domestic ecommerce giant so far.
23 Jun, 2015, 10.29 AM IST
Flipkart partners with Euronet to distribute digital gift codesFlipkart announced a strategic partnership with Euronet India to distribute e-commerce major's 'digital gift codes' across the country.
04 Nov, 2014, 02.14 PM IST
ATM growth slows to 1% in Q1 as transactions dipATM growth of private sector banks has been steadily declining from 50% in FY12 to practically zero growth in the Mar-Jun '14 quarter.
27 Sep, 2014, 12.30 PM IST
- Govt clears 17 FDI proposals worth Rs 262.56 cr
Govt said it has cleared 17 FDI proposals totalling Rs 262.56 crore, including that of Sanofi-Synthelabo (India).
07 May, 2013, 09.51 PM IST
- Private equity firm Actis to invest Rs 200 crore in AGS Transact Technologies
Private equity firm Actis is investing over Rs 200 crore in AGS Transact Technologies, a firm that runs and manages ATMs for banks.
22 Aug, 2012, 11.05 AM IST
- Tulip Telecom Q2 net up 11.62% at Rs 87.06 crore
The company's revenue jumped 20.10 per cent during the quarter to Rs 702.94 crore, from Rs 585.28 crore in the July-Sptember period of 2010.
04 Nov, 2011, 04.43 PM IST
- Mobile driven remittances take off
Soon, customers will be able to transfer funds from their mobile phone to friends or relatives, bypassing other remittance routes like net-...
31 Jan, 2008, 01.59 AM IST
- White-label ATMs may come to India
Automated Teller Machine (ATM) service providers are in talks with banks to set up a joint venture subsidiary to roll out white-label ATMs.
18 Aug, 2006, 01.14 AM IST