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DIGITAL PAYMENT CONCERNS INDIA
Over half of street vendors may cut UPI acceptance if 0.4% MDR is introduced: ISB studyMore than 67% of street vendors in India currently accept UPI payments for transactions. A proposed 0.4% merchant discount rate could lead ...- AI-based cyber threat executing unauthorised fund transfers from banking firms: Cert-InThe Indian Computer Emergency Response Team (Cert-In) has named the incident "Crafty Falcon", which uses publicly available AI tools to exe...
- BharatPe taps former Bajaj Finance executive Mohit Mittal to lead investmentsHe was previously the business head of investment marketplace at Bajaj Finance, where he helped build a digital platform with more than 50 ...
- India's payments authority NPCI forms unit to push into AI, blockchain techThe National Payments Corporation of India has created a technology subsidiary known as NPCI Tech Solutions Limited. This new unit will foc...
- India's payments authority NPCI forms unit to push into AI, blockchain techThe payments authority's chief technology officer Vishal Kanvaty, who has been associated with NPCI for nearly a decade, has been appointed...
- OneStack raises Rs 12.5 crore to take cooperative banks deeper into UPI ecosystemOneStack, a fintech provider, secured ₹12.5 crore funding to enhance cooperative bank participation in UPI payments. The funding will help ...
- SC to decide forum for Google billing disputesQuestioning the app developers on whether their contracts with Google allowed them to opt out of its payment system and engage other paymen...
- Razorpay gets Sebi nod for Rs 5,000-6,000 crore IPO: sourcesET reported on April 20 that Razorpay was preparing a confidential IPO filing to raise Rs 5,500-6,500 crore at an expected valuation of $5 ...
- Is there shortage of Rs 10, Rs 20 and Rs 50 currency notes this Diwali? RBI clarifiesThe Reserve Bank of India has reassured the public that there will be an ample supply of currency notes for the upcoming Diwali festival. T...
- Kaspersky flags QR code payment scams as a key cyber risk for Indians travelling to IndonesiaAs more Indian tourists move to Indonesia, Kaspersky's cybersecurity experts are sounding the alarm on rising online threats. They point ou...
- New Rs 10, Rs 20 & Rs 50 notes to run short before Diwali? PIB Fact Check debunks viral RBI circularA viral WhatsApp message claiming that new Rs 10, Rs 20 and Rs 50 notes may be in short supply ahead of Diwali has been debunked by PIB Fac...
- India-New Zealand FTA: Expanding India’s footprint in OceaniaMore than a trade deal, the India-New Zealand FTA is a strategic gateway to new markets, fresh investment and stronger capabilities, positi...
- Digital payments firms race to fortify defences as cyberattacks intensifyAt Bengaluru-based Cashfree, attempted attacks have been taking place repeatedly over the past three weeks, occurring at least 10 times as ...
- Crypto cards enter RBI's radar as Indians use offshore wallets for everyday paymentsOffshore crypto cards that allow Indian residents to spend digital assets on domestic purchases and withdraw cash have come under the scrut...
- AB InBev sets aside $30 million for unpaid Telangana dues as delayed payments squeeze brewersAnheuser-Busch InBev has earmarked $30 million for overdue payments from the Telangana government. This situation highlights the challenges...
- 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...
- CCI clears Prosus' proposal to acquire stake in Sachin Bansal-led NaviCompetition Commission of India has approved Prosus' acquisition of a stake in Navi Ltd. This move aims to enhance Prosus' position in Indi...
- 45.6% of Indian households use digital channels for at least one purchase: ReportAround 45.6 percent of Indian households currently utilize online shopping and digital payments for various purchases. Despite this growth,...
- The next problem to solve: When money arrives, what can merchants do in the meantime?At GFF 2026, PRISM founder Ritesh Agarwal and Adyen’s Chief Commercial Officer Roelant Prins discussed why, for merchants such as small hot...
- Digital payments mandatory for liquor purchases above Rs 1,000 in Tamil Nadu from November 1: Check what changesTamil Nadu’s state-run TASMAC will make digital payments mandatory for liquor purchases exceeding Rs 1,000 from November 1. Customers can p...
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