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MSMES PREFERENCE FOR UPI
'Track imports, manufacture in India': Piyush Goyal pushes swadeshi productionIndian businesses are encouraged to monitor imports and identify opportunities for local manufacturing. This push for self-reliance aims to...
Bharat Connect gets linked with FX-Retail platform; enables customers to buy USDThe Reserve Bank of India has linked its Bharat Connect bill payment system with the FX-Retail platform, allowing individual customers to p...
Tally's game plan: Deepening roots in Bharat, bold moves in the GulfWith MSME-friendly tech and a new Arabic version, Tally is chasing growth in small-town India and global hotspots like Saudi Arabia and Afr...
Nearly half of MSMEs polled prefer UPI for business transactions, says reportAccording to the MSME Digital Index Report by PayNearby, digital payments continue to gain strong acceptance among MSMEs, with UPI emerging...
73% MSMEs report business growth via digital adoption, led by UPI and smartphones: SurveyPayNearby's MSME Digital Index Report reveals that over 73% of small businesses in semi-urban and rural India have boosted income and effic...
Mobikwik’s Zaakpay partners with Meta to offer payments on WhatsAppUsers can make payments using MobiKwik Wallet, ZIP and Pocket UPI, offering flexibility to suit individual payment preferences.
Digital payments to grow by 3X in FY29, UPI retains strong growth trajectory: PwC India reportMerchant acquiring solutions – including offline and online options like QRs, payment aggregators and payment gateways – also saw substanti...
AU Small Finance Bank launches array of products including Rupay credit cardAU Small Finance Bank (AU SFB) has introduced several new products to boost fee income, including the AU SPONT Rupay Credit Card and Secure...
From RegTech to cross-border, fintech trends to watch out for in 2024UPI transactions hit a new record of Rs 17.4 lakh crore in November 2023, a 54% YoY increase in terms of the number of transactions and a 4...
Consumer spending to exceed $4 trillion by 2030, UPI most preferred option: ReportAccording to the Shiprocket report, the UPI has emerged as the most preferred prepay option in terms of consumer preferences.
ONDC eyes entry into financial services with credit, insurance productsAn ecommerce trends report launched by Shiprocket noted that consumer spending in India is expected to exceed $4 trillion, clocking a compo...
View: Finance for Bharat, empowering people & businesses at the grassroots level via lendingThe fusion of finance and technology is ringing in a new era of financial inclusion, where data-driven approaches and digital lending platf...
70% MSMEs believe UPI will be the driver of retail salesCustomers nowadays give preference to on-the-go purchases via digital payment methods.
MSME Minister Narayan Rane launches FIRST to support MSME digitisation in IndiaRane said that MSMEs should be provided with all support possible as they are the backbone of the Indian economy.
Budget 2023 should look at reviving consumption and maintaining sustainable growthCommodity fluctuations and increase in prices of key inputs continue to dampen private consumption with exports and domestic demand slightl...
UPI payment without Internet or smartphone: Why your feature phone promises to be a smart, secure walletDespite UPI’s phenomenal success, it's mostly used by smartphone-savvy people. Attempts to create ways to onboard feature-phone users onto ...
Enabling SME financing: The three pronged market-led solutions that can make a differenceAs per an IFC report, SMEs take up a miniscule 6-7% credit share and face a credit gap of close to $1.1 trillion.
IMPS transfers in April plunge to 2-year lowApril immediate payment numbers are a two-year low, according to data from the NPCI.
Delhi takes 2nd spot in digital payments in 2019: RazorpayDigital transactions in Delhi NCR grew by 235% from 2018 (Jan-Dec) to 2019 (Jan-Dec) and Financial Services, Food & Beverage and Transporta...
India needs its MSMEs to go cashless: ReportA majority of the 50 plus MSMEs with which BCG conducted a deep discovery interview indicated a preference for reverting to cash.