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DIGITAL PAYMENTS
UPI completes 10 years, clocks nearly 13,000-fold rise in transaction volumeUPI has completed a decade of transforming India’s digital payments ecosystem, with annual transactions surging from 1.78 crore in 2016-17 ...
The 'trustworthy' changes in the lives of India's middle classDigital payments and tax reforms have significantly altered middle-class spending habits. GST has streamlined consumption taxes, impacting ...
AI, trust, and the future of money: With AI making payments invisible, trust becomes the new currencyArtificial intelligence will shift payments from digital to delegated commerce, enabling machines to transact for consumers. Trust and real...
India needs a transparent rulebook for the business of influenceIndia lacks a transparent framework for public scrutiny of lobbying efforts. The recent debate over UPI merchant discount rates highlights ...
India orders Google to take down hundreds of Firebase accounts over cyber fraudIndia has directed Google to remove hundreds of accounts on its Firebase platform after officials found scammers using the service to imper...
ET World Leaders Forum 2026: AI will reshape payments, but trust will be the real battlegroundAI agents are increasingly performing purchases, which presents new payment challenges. Banks and networks must verify agent intent and tra...
India orders removal of Google Firebase accounts after spotting scam patternOnline scams have become one of India's most pressing law enforcement challenges, with Indians losing nearly $2.4 billion in alleged cyber ...
Ebix and NSDL Payments Bank cross one crore registrations Under MSRTC NCMC Programmes.Over one crore NCMC RuPay smartcards were registered in five months. These cards now serve MSRTC concessional passengers across Maharashtra...
Cross-border payments, India’s global UPI push in focus at GFF 2026The seventh edition of the Global Fintech Fest (GFF) 2026 to be held in Mumbai from September 8 to 11, will bring together policymakers, ce...
Sabse bada rupaiya: India prints 3x more notes than the US, 6x more than EuropeIndia's rupee banknotes in circulation significantly outnumber US dollar and Euro notes. The Reserve Bank of India reports 176 billion rupe...
RBI finds cash demand harder to predict as digital payments growRBI faces challenges forecasting demand for banknotes as currency in circulation continues to grow at double-digit rates despite rising dig...
Navi’s FY26 loss widens fourfold on UPI investments; eyes FY27 profitabilityNavi reported a notable increase in net losses for FY26, largely attributed to its strategic investments in UPI and new market initiatives....
Building for scale, security and privacy: Inside PhonePe’s AI playbookAs AI capabilities become more deeply embedded across products and platforms, the interface itself becomes less visible. What matters is wh...
The next frontier in finance is not a bank. It is the machinery beneath itThe financial services landscape is evolving, emphasizing the importance of software and data infrastructures. In India, digital payments a...
Independence Day 2026: The road to UPI — India’s payments revolution was centuries in the makingIndia’s payments ecosystem has evolved dramatically, from hundis and merchant networks that moved value across long distances to formal ban...
PayPal in talks with Stripe and private equity firm over sale: reportIn July, Stripe and private equity firm Advent International made a joint offer to buy the digital payments pioneer for $60.50 a share, whi...
Most UPI transactions to stay free: FM Nirmala SitharamanFinance Minister Nirmala Sitharaman said UPI transactions will remain free for consumers, with most low-value payments also staying free. A...
SBI missed digital payments bus, now playing catch-up with YONO Pay: Chairman CS SettyState Bank of India chairman admits missing digital payments bus, while YONO app attempts to catch up. Banks and fintech firms argue UPI me...
Mastercard says UPI complements digital payments ecosystem, not a competitorMastercard sees India's UPI as a complementary platform for digital payments. This homegrown system has significantly expanded the country'...
UPI no challenge to Mastercard, has expanded digital payments: ExecMastercard India head Gautam Aggarwal sees UPI as a complementary system. UPI has educated consumers and expanded the digital payments mark...