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CASH VERSUS DIGITAL PAYMENTS
Psychology says people who always keep a lot of cash in their wallets may be seeking more than financial securityPeople may carry cash for very different reasons. For some, it is a practical way to control spending; for others, it provides reassurance ...- Credit for the next 50 crore: How PhonePe’s new co-branded cards target India’s underservedAt GFF 2026, PhonePe unveiled a suite of co-branded credit cards with HDFC Bank and SBI, plus the Wishcard for consumers with limited or no...
- No smartphone, no internet? PhonePe brings UPI to 220 million feature-phone usersAt the Global Fintech Fest 2026 in Mumbai, PhonePe announced UPI 123Pay support for its app on feature phones, taking the SMS-based, intern...
- The next phase of India’s digital payments dominance: Trusted AI-led agentic commerce, Visa’s Sethi saysIndia’s digital payments ecosystem is a “showcase for the world”. The infrastructure is ready to take the next leap: agentic commerce, wher...
- Banks cannot impose charges on UPI payments of up to Rs 2,000, govt saysThe government has announced no charges on UPI transactions up to Rs 2,000. RuPay debit card payments below this amount will also remain fr...
- GFF 2026: Nitin Gadkari targets barrier-free tolling by February as FASTag cuts wait times by up to 90%India is progressing towards fully digital and barrier-free tolling systems. A multi-lane free flow system will be operational by February....
- Demat 2.0 will bring instant bond settlement closer, trading after regulation and market readiness: NSDL MDDemat 2.0 can allow investors to receive tokenised bonds instantly against payments made through the central bank digital currency (CBDC), ...
- SBI developing solution to use UPI data for checking creditworthiness of small bizState Bank of India is developing a UPI data solution for small businesses. This initiative aims to assess creditworthiness without requiri...
- “Whether we leave anyone behind”: Sameer Nigam’s blueprint for PhonePe’s second decadeAt Global Fintech Fest 2026, PhonePe founder‑CEO Sameer Nigam framed the company’s first ten years as the construction of India’s financial...
- 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...
- Centralised interoperable digital layer can help bridge Rs 60 lakh crore MSME credit gap: ReportIndia's MSME sector faces a significant formal credit gap, with existing channels meeting limited debt demand. A new digital layer can conn...
- Bank union strike today: Are banks open or closed today on September 11, 2026? Check detailsCustomers should brace for significant disruptions in bank services on September 11, 2026, as the UFBU calls for a nationwide strike. This ...
- Indian Bank launches AI-TARA voice banking, Smart Wealth and IND Cash Optima at Global Fintech Fest 2026Indian Bank launched new digital banking solutions at the Global Fintech Fest. AI-TARA, a voice-based assistant, offers banking services in...
- Bank union strike tomorrow: Are banks open or closed on September 11, 2026? Check detailsBank customers face potential disruptions on September 11, 2026, due to a nationwide strike. United Forum of Bank Unions has called for thi...
- India seeks payment-system links in every FTA, Commerce Secy says: ReportIndia aims to link its payment systems with trading partners in new agreements. This strategy seeks to make cross-border payments faster an...
- Global Fintech Fest 2026: DFS Secretary Sanjay Lohiya unveils UPI credit for KCC, MUDRA borrowersDFS Secretary Sanjay Lohiya at Global Fintech Fest 2026 unveiled a facility allowing eligible Kisan Credit Card and PM MUDRA Yojana borrowe...
- Indian travellers can now use UPI to pay at Singapore’s Resorts World SentosaIndian travellers can now use UPI to book and pay online for attractions and experiences at Singapore’s Resorts World Sentosa, including Un...
- Dutch fintech Adyen sees long-term India opportunity, plans local expansionWith plans for a substantial expansion in India's digital payments sector, Adyen is actively recruiting more staff to address surging deman...
- From bank queues to QR codes: Flood-hit Nepal's digital shift in philanthropyNepal's digital payment systems now facilitate swift disaster relief donations. QR codes and mobile banking enable direct person-to-governm...
- Cash no king, but don't stash it: India wants a digital economy, but cash still holds the power of choiceDespite government promotion of digital transactions like UPI and e-Rupee, cash remains prevalent, especially in rural areas and for large-...
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