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REEJU DATTA
Cashfree opens checkout to AI agents, leaves final say with shoppersCashfree has introduced Checkout for Agents, allowing AI agents to assist with online payments. This feature utilises WebMCP technology to ...- Festive spending drives record UPI transactions in OctoberUPI processed transactions worth Rs 31.53 lakh crore during the month, a 16% rise from a year earlier and the highest on record, signalling...
- UPI transaction volume dips to 24.07 billion in SeptemberTransaction volumes dipped 1.8% from 24.51 billion in August, while the value of transactions also fell marginally month on month. On a yea...
- 200 AI agents, humans on standby: Inside Ignosis AI’s debt-collection operationThe Ahmedabad-based startup says its agents manage collections for four to five lakh borrowers a month and handle 70-80% of cases without h...
- MDR gives banks more fuel for UPI playPayment companies can build the customer interface, but a product cannot scale until issuing and acquiring banks connect their systems, tes...
- UPI MDR could create Rs 27,000 crore revenue pool by FY28: BernsteinA 40-basis-point MDR on UPI transactions could create a large revenue pool. Issuing banks and UPI apps will receive substantial portions of...
- UPI MDR: 10 UPI transactions that will attract MDR charges; what’s the maximum you will payA new UPI framework will implement fees on certain merchant transactions while keeping person-to-person payments and transactions under two...
- Return of MDR a key step towards making UPI sustainable and enabling further growth: ExpertsEffective October 15, UPI payments to merchants (P2M) above Rs 2,000 will attract a 0.4% merchant discount rate with an overall cap of Rs 3...
- AI-led payments will need strong risk checks as trust remains critical: Amazon Pay India CEOAs artificial intelligence increasingly makes digital payments more contextual and automated, strong risk checks will remain critical to ma...
- AI has increased work, not replaced jobs at Policybazaar, says CTO Bibhu KrishnaPolicybazaar's chief technology officer states AI writes most of its code. This AI assistance has doubled production releases and expanded ...
- Agentic payments could test India’s data-localisation rules: Cashfree’s Reeju DattaIndia's payment rules may require review as AI agents transact for consumers. Personal AI agents could store card credentials outside the c...
- UPI transaction volumes hit record high in August, cross 24.5 billionData released by the National Payments Corporation of India (NPCI) showed transaction volumes rose 3.6% from 23.66 billion in July, while t...
- Festive surge drives UPI near record ₹29.8 lakh crore milestone across 24.5 billion transactionsIndia's UPI processed transactions near record highs in August, reaching ₹29.8 lakh crore. The platform handled a fresh record of 24.51 bil...
- Cashfree Payments processes over 40 cr identity verifications, up 57% YoYCashfree Payments on Wednesday announced that it verified over 40 crore individuals in the previous fiscal, up 57 per cent on an annual bas...
- Fintech startup iTribe raises $1 million in funding from Eximius Ventures, Cred’s Kunal Shah, othersFounded by second-time entrepreneurs Nikhil M. and Pruthvi Raj E., iTribe plans to deploy the funds to build new technology tools that make...
- Cashfree appoints Ramkumar Venkatesan as SVP of engineeringVenkatesan has more than 24 years of experience in ad-tech, big data, e-commerce, and database technology in US and Indian markets. His mos...
- Now get salary, pension credited on Sundays and bank holidaysNACH is a bulk payment system operated by the NPCI which facilitates one-to-many credit transfers such as payment of dividend, interest, sa...
- State Bank of India invests in fintech startup CashfreeThe State Bank of India (SBI) investment fits perfectly with Cashfree’s growth strategy as it continues to focus on customer experience and...
- ePayLater partners with Cashfree to introduce pay later options for their merchantsThis will bring ePayLater’s credit-based payment solution to almost all the merchants such as Daily Ninja, BigSmall, WheelStreet, EventsHig...
- Bengaluru-based Cashfree banks on bulk transfersCashfree currently works with Yes Bank, ICICI Bank and Axis Bank for the settlement part and has 1,100 merchants using its solutions.
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