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Tap-and-pay takes off; ADIA to trim Lenskart stakeHappy Thursday! Tap-and-pay card usage is on the rise in India despite UPI's dominance. This and more in today’s ETtech Morning Dispatch.
Contactless card payments on the rise as Indian shoppers swipe less, tap moreIndian shoppers are increasingly opting for contactless 'tap-and-pay' card transactions, with estimates suggesting they now account for up ...
Banks are cutting credit card perks quietly; Learn how to get more value from your walletMany banks have recently reduced credit card rewards, cashback limits, and perks, prompting cardholders to reassess their spending strategi...
Listed digital payment majors finally turn a corner in FY26Growth in the core payments business, expansion across credit products and wider adoption of revenue-generating payment instruments like cr...
Scapia secures $63 million funding from General Catalyst, Peak XV Partners and Z47Scapia, a travel fintech startup, has secured $63 million in a funding round led by General Catalyst. Scapia plans to use the funds to expa...
BHIM Payments App records 300% surge in FY26 transactionsBHIM Payments App saw a significant 301% surge in transaction volumes during FY26. More users embraced the platform for daily purchases lik...
Uber CEO on Travis Kalanick; Micron’s warning to IndiaDara Khosrowshahi told ET in an interaction that Uber is open to collaborating with founder Travis Kalanick. This and more in today’s ETtec...
India shaping global thinking on digital finance: PK MishraIndia is leading global digital finance discussions. Its digital public infrastructure is being studied worldwide. The Unified Payments Int...
Zerodha's Nikhil Kamath suggests exploring gold-based stablecoins for IndiaZerodha co-founder Nikhil Kamath questioned the long-term suitability of dollar-backed stablecoins for India and proposed exploring a gold-...
India must leverage its digital verification architecture to evolve into a trust-based economyIndia faces a low-trust economy with high friction, exemplified by complex KYC norms. Finance Minister Nirmala Sitharaman highlighted this ...
India’s credit card market expands to 119 million, PSU banks gain in spendsIndia's credit card market has surpassed 119 million cards. HDFC Bank, SBI Cards, ICICI Bank, and Axis Bank dominate this sector. HDFC Bank...
Fintech firm Credilio raises Rs 78 crore led by Cornerstone VenturesFintech startup Credilio Financial Technologies has secured Rs 78 crore in funding led by Cornerstone Ventures, alongside Rs 23 crore in ve...
Inside AI-led digital storefronts; Lalit Keshre’s big ET Awards winHappy Monday! Digital platforms and brands are building their own AI storefronts. This and more in today’s ETtech Morning Dispatch.
Lifetime free travel credit card offer for Eterna extended by BOBCARD till June 30, 2026; Here’s what it offersBOBCARD has extended its lifetime free offer on the ETERNA travel credit card until June 30, 2026, for new customers. This premium card pro...
India's digital currency push targets its leaky welfare systemWhile India's early efforts are modest compared with those of China, where more than 200 million people use the e-yuan, the world's most po...
PNB joins hands with Kiwi to expand credit on UPI for 180 million customersState-owned Punjab National Bank has partnered with Kiwi to launch the RuPay-based PNB Kiwi Credit Card. It offers digital onboarding, UPI ...
RBI sharpens compliance norms, expands use cases of UPI-linked wallets for foreign visitors under draft PPI normsThe Reserve Bank of India has unveiled draft guidelines for prepaid payment instruments. These new rules aim to strengthen compliance and c...
From swipe to strategy: Your credit card now decides what you buyConsumers now meticulously compare credit card offers before making purchases, turning transactions into value calculations. Credit cards a...
Kiwi cofounder Mohit Bedi steps down from executive role after four yearsIn a LinkedIn post on Saturday, Kiwi cofounder Mohit Bedi said he would shift focus to "personal and family” commitments while remaining cl...
Financial resilience must include India’s credit-invisible workforceIndia's strong digital finance infrastructure faces a challenge. Many informal workers lack financial resilience due to volatile incomes an...