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UPI volume eases 2.1% in June to 22.72 billion from May peakUPI processed 22.72 billion transactions in June, a slight dip from May's record, but daily averages hit an all-time high. Despite fewer da...
From QR codes to fraud risks: 7 essential UPI facts every user should knowWe begin this new series with Bala, a curious young learner, as he explores money concepts. His first lesson: understanding UPI and digital...
From Paytm to Google Pay: Pocket money goes digital for teens in India; what parents ought to do
BHIM eyeing govt schemes, products to boost business growthLalitha Nataraj, chief executive officer of NPCI BHIM Services Ltd (NBSL), said the company is targeting largely untapped user segments and...
Meta makes a $900 million super-app move in IndiaCred founder Kunal Shah, a philosophy graduate, built his platform on exclusivity for high credit scorers, now processing over 40% of India...
Why Meta’s Cred investment matters for WhatsApp Pay in IndiaMeta's substantial investment in Cred and appointing its founder Kunal Shah as global head of WhatsApp signals a major push into India's fi...
Inside Meta's India investments: First Reliance, now CredThis was among the tech giant's biggest investments in the Indian startup ecosystem, which also shot Shah into the elite club of global tec...
Foreign influence increasing over India's fintech sector: GTRI on Meta's investment in CredThink tank GTRI said that the deal gives Meta a foothold in one of the country's richest repositories of consumer financial-behaviour data,...
PhonePe, Google Pay duopoly weakens as market share slips below 80%IPO-bound PhonePe saw its market share slip marginally to 46.3% in May, from 46.5% in the same month last year, while Google Pay’s share fe...
BigBasket CEO Hari Menon steps down; Amazon veteran Amit Nanda takes overBigBasket CEO Amit Nanda: Tata-owned BigBasket founder Hari Menon has stepped down from the CEO role at the e-grocery firm, the company ann...
ONDC raises Rs 220 crore from Zoho, Uber, Paytm, BSE; eyes additional capitalWhile Zoho Corporation has invested Rs 70 crore as a part of this round, Uber and Paytm have invested Rs 60 crore each. BSE Technologies ha...
UPI processes Rs 29.9 lakh crore in May; transaction volumes hit 23.2 billionDaily average transaction volumes rose to 748 million in May from 745 million in April, reflecting higher adoption of UPI for retail consum...
Can you use UPI abroad? Here’s what Indian travellers must know about charges, limits and security risksIndian travellers are increasingly using UPI abroad for convenient payments, but understanding its limitations and risks is crucial. While ...
HDFC AMC reports cyber-security incident, activates containment protocolsHDFC AMC has reported a cyber-security incident. An anonymous source claimed access to its IT systems. The company is assessing the impact....
One soundbox soon for all payment apps as NPCI readies platformNPCI is developing a unified, interoperable soundbox system for UPI transactions, aiming to eliminate the need for merchants to use multipl...
UPI outage hits India, NPCI confirms technical glitch now resolvedIndia's UPI system experienced a significant disruption on Wednesday evening, affecting platforms like Google Pay and PhonePe. Users report...
BHIM looks to bulk up with ONDC to take on digital payment heavyweightsNPCI-built app to foray into ecommerce space via separate division. Despite marketing challenges, BHIM aims to improve user experience thro...
WhatsApp Pay is the biggest tech product failure in India: BharatPe founder Ashneer GroverTaking to Twitter, co-founder and former MD of fintech unicorn BharatPe Ashneer Grover said that given the messaging app’s reach, Whatsapp ...
Clear appoints former Google India, Flipkart executive Saran Chatterjee as chief product officerIn his new role, Chatterjee will spearhead product management, design, and product marketing for the firm.
Tatas to join the UPI payment club with own appThe storied salt-to-steel conglomerate is seeking clearance from National Payments Corporation of India to start operating on the Unified P...