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DIGITAL WALLETS
Britain seeks to break Apple's grip on contactless paymentsThe Competition and Markets Authority said its proposals would result in "substantially lower access fees" and easier access to Apple's con...
In 2026, three founders launched an AI assistant with its own phone number, it can book flights, order groceries; the startup later reached a $300 million valuationTab is designed to work through messaging platforms that people already use. It includes platforms like WhatsApp and iMessage. Users can se...
A day after Christmas in 2020, a 28-year-old Chinese man lifted his sleeping ex-girlfriend’s eyelids, scanned her iris to unlock Alipay and transferred $24,000 to pay off his gambling debtsA disturbing incident unfolded in Nanning, China, where a 28-year-old man deceitfully stole nearly $24,000 from his ex-girlfriend's Alipay ...
Apple Pay launches in India: iPhone XR and later supported, Apple Pay VP Jennifer Bailey on why nowApple Pay has finally launched in India, more than a decade after its US debut. The service is initially available on iPhone, iPad and Appl...
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 ...
Indians can use crypto to buy groceries, fuel and gold through overseas gift-card platformsIndians can use cryptocurrencies to buy goods and services domestically through overseas fintech platforms that convert stablecoins and oth...
Railways powers rural economy, local products get Rs 162 crore market at stationsIndian Railways’ One Station One Product scheme has expanded to more than 2,300 outlets across over 2,000 stations, benefiting over 1.54 la...
BlackRock helps pull more Bitcoin wealth deeper into Wall StreetBlackRock and other Wall Street firms are making it easier for large Bitcoin holders to move crypto wealth into spot Bitcoin ETFs through i...
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...
British regulators look into Big Tech and digital walletsThe Financial Conduct Authority and Payments Systems Regulator is seeking views on the benefits and risks, and will assess the impact digit...
Meta to end digital wallet service Novi by September 1Meta's Novi is a digital wallet that helps people send and receive money internationally -- instantly and with no fees.
Soon withdraw cash from digital wallets, prepaid cards of non-bank entitiesPPIs stand for prepaid payment instruments. Forex cards, digital wallets etc are some examples of PPIs. The statement stated that the neces...
What is the difference between UPI and digital wallets?UPI transactions can take place between any two banks whereas digital wallets transactions occur between two accounts in the same digital w...
Paytm offers insurance cover for your wallet moneyThe cover will be commensurate with the wallet balance and will be free to begin with.
E-wallet firms reject government plan to provide cover to their usersThe proposal was mooted over a month ago by the government and the wallet companies got back with their reservations last week.
Some e-wallets still not secure to desired level: IT SecretaryAruna Sundararajan said however that there is also a trade off between ease of usage and security.
Digital wallets and mobile wallets surge to their highest level, modern trade grows five-fold: NielsenFor digital wallet companies, weekly installation numbers doubled in the week post announcement, clocking an all-time peak of 28%. Usage fr...
Amazon India planning launch of digital wallet in a bid to build online payments businessAmazon’s largest domestic rival Flipkart launched its digital wallet last week as online payments increasingly become pivotal.
Uber plans to launch own digital wallet in IndiaRide-hailing app Uber plans to launch its own digital wallet in India, the first market where the San Francisco-based company is making suc...
A sneak peek into the world of Digital walletsA digital wallet is a virtual storage system that can contain money and a digital certificate of your identity. Money can be added using a ...