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 ...

Indian payment companies get 90% of their point-of-sale terminals from China and their imports are now on the verge of getting disrupted as...

Debit card payments raced past credit card usage in the months immediately after demonetisation in November 2016 that sucked out about 85% ...

An official of a big private sector bank on the condition of anonymity said that cash shortage is there in the system, however, the bank ha...

While digital payments have picked up and a range of options is now available, its growth needs to be stronger to wean people away from usi...

The growth in UPI-based transactions is driven majorly by the government-promoted BHIM app and non-bank payment apps such as PhonePe and Tr...

We used to do 6,000 terminals in a month, which we have increased to almost 10,000 per week – scaling it up to 30,000 is not possible at th...

As digital payments find increasing acceptance among people, knowing which platform to use and taking appropriate safety measures is a must.

While it is unclear how demonetisation will pan out in the long run, it surely has applied brakes on economic growth and crippled the paral...

The government announced that all public sector banks and some private banks have waived the merchant discount rate on debit cards until De...