To increase the speed of small-value transactions on UPI, an on-device wallet called UPI-Lite was launched in September 2022 to optimise pr...

SBI contactless debit cards can be used to make in-person purchases at merchant locations, pay online, and withdraw cash.

As the number of people who use their cards to make purchases has increased, so has the number of cases of card-related fraud. Here are the...

In India, QR code-based payments have been increasing on the back of the Unified Payments Interface (UPI), which saw a record 2.2 billion t...

The Reserve Bank of India’s decision to hike the limit on contactless payments without entering a PIN to Rs 5,000 from Rs 2,000 earlier is ...

The feature will also facilitate use of tap-to-pay feature on near-field communications (NFC)-enabled point of sale (PoS) terminals and onl...

The government has set an ambitious target of 30-billion digital transactions to be accomplished within 2018.

Axis Bank's Secure+ cards have an embedded microchip and an antenna (based on radio frequency) enabling "contactless" communication with a ...

Jairam Sridharan said the bank has already installed the technology in 100 machines and will be scaling it up to 20,000 in the next two mon...

RBI has set a limit of Rs 2,000 per transaction for contact-less cards, having examined the trade-off between security and convenience.

Contactless credit and debit cards allows communication between NFC-enabled objects at a minimum distance of 4 centimetres.

They are safe because the card is never out of your sight. However, forensic experts feel that NFC cards have their own set of vulnerabilit...

The solution will work on nearfield communication technology that enables a smartphone to send information to another by taping the devices.

These cards can complete a payment transaction in one-tenth of the time traditionally taken to conduct electronic transactions.

American Express is looking to pick up a stake in a Chennai-based technology startup Yeldi, which deals with products in the NFC space.

NFC is a variant of RFID. It is an ultra short-range wireless technology that allows communication and data exchange between two devices.

You'll be able to walk in a store and do commerce, says Eric Schmidt. And it'll eventually replace credit cards.