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India's forex demand shifts beyond metros as Tier 2, 3 cities contribute 53 per cent: Thomas Cook reportBased on transaction data for April 2025 to March 2026, the report highlighted an increasingly diversified forex market driven by rising ou...- No more long queues or repeated visits to govt offices? UMANG has 2,575 services & DigiLocker has 72 crore users: Here’s how digital push is changing public servicesThe Government of India launched the Digital India programme in July 2015. Under the Digital India programme, the Government of India, sinc...
- AvenuesAI Q1 PAT rises 45 percent; Company positions Rediff, US Payments and AI as next growth enginesAvenuesAI's consolidated revenue from operations more than doubling 109% year-on-year to Rs 2,680.4 crore and profit after tax rising 45% t...
- UPI fee should vary by merchant size and sector: PayU India CEOPayU India CEO Anirban Mukherjee said the fee should not depend on whether a payment is made online or at a store. Reaching physical mercha...
- PayU India CEO on MDR; Qcomm’s festive hiringPayU India CEO Anirban Mukherjee has backed a simple pricing model for UPI charges. This and more in today's ETtech Top 5.
- Cyber fraud crackdown: Centre blocks over 3,700 mobile apps, saves Rs 11,158 croreThe government has blocked 3,718 mobile applications by June 30, 2026. Over Rs 11,158 crore has been saved through 32.80 lakh fraud complai...
- 88-year-old Delhi man loses mobile, then Rs 70,000 vanishes from his bank account: How this fraud led to a pan-India cyberfraud gang that uses victims' stolen phones to steal moneyAn 88-year-old Delhi man's stolen phone and Rs 70,000 in unauthorised transactions led Delhi Police to a pan-India cyberfraud syndicate ope...
- Aadhaar, banking at risk as India trails in post-quantum securityGartner estimates that widely used asymmetric cryptography – a security method that uses two keys, one public and one private, to protect d...
- India is scanning more and withdrawing less as digital payments take overIndia’s payments network is shifting towards software-based channels, with UPI QR codes and online card transactions growing while ATMs and...
- Withdrawal of zero MDR may jeopardise one of India’s most successful public policy innovationsThe Payment and Settlement Systems Amendment Bill has revived debate over MDR on UPI. While charges could support banks and fintech firms, ...
- PayGlocal to raise Rs 36.4 crore from Beenext at Rs 1,140 crore valuationThe company’s shareholders on July 25 approved the issue of 5,074 pre-series C compulsorily convertible preference shares at Rs 71,693.02 a...
- UPI transactions above Rs 2000 to attract MDR after debit, credit cards? Here’s what users need to know about the proposalWhile there has been no official word from the government on this yet, it is learnt that the Centre could allow a levy of 0.25% to 0.4% as ...
- Retailers tap AI shopping traffic but fight to keep customer dataRetailers are adapting websites for AI product discovery and recommendations. They aim to keep customer transactions on their own platforms...
- Proposed UPI MDR changes spark reactions from politicians, Industry leaders and usersA debate erupted over removing UPI's zero merchant discount rate guarantee. Finance Minister Nirmala Sitharaman stated any charges would af...
- Ixigo posts 13% rise in Q1 revenue, profit jumps 81% on bus business growthThe Gurugram-based company reported revenue from operations of Rs 356.75 crore in the first quarter of FY27, up from Rs 316.05 crore a year...
- Can you get income tax notice for making digital payments through UPI, NEFT, RTGS, and IMPS? Know when it can be triggeredDigital transactions like UPI and NEFT can trigger income tax notices. These notices arise when transactions do not match your declared inc...
- Vingo raises Rs 10 crore seed funding to build India’s pre-owned goods marketplaceWith an impressive ten crore rupees secured in seed funding, Vingo is set to revolutionize its pre-owned goods marketplace. Focused on esta...
- Nagpur woman loses Rs 6.93 lakh in online scam, files complaint against bank, wins back money with 9% interest and additional Rs 35000A Nagpur woman who lost Rs 6.93 lakh in a FedEx parcel scam won a consumer court case against ICICI Bank. The commission ordered the bank t...
- Banks propose 'Yes-No' prompt for high-risk UPI transfers to curb digital payment fraudsIndian banks are proposing payment app prompts to curb rising digital frauds. This aims to balance fraud prevention with maintaining digita...
- SBI ordered to refund nearly Rs 2 lakh after online fraud as customer said he never shared his ATM PIN, OTP or banking detailsA consumer commission has directed the State Bank of India (SBI) to refund Rs 1.64 lakh to a customer who lost money in an unauthorised onl...
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