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PAYMENT LAGS FOR TRANSACTION
India mulls payment lags, checks for senior citizens as digital fraud rises, RBI paper showsThe Reserve Bank of India is proposing new rules to combat rising online fraud. High-value digital payments may face a one-hour delay. Extr...10 Apr, 2026, 07.00 AM IST- RBI proposes one-hour delay on high-value digital transfers to curb fraudThe Reserve Bank of India is proposing new rules to fight digital payment fraud. These include delays for certain bank transfers and extra ...10 Apr, 2026, 12.30 AM IST
- RBI may soon make you wait an hour before your UPI transfers goes throughThe Reserve Bank of India is exploring new measures to curb digital payment fraud. A key proposal suggests a one-hour pause for large trans...09 Apr, 2026, 07.40 PM IST
- UPI spikes in India, but some states are still in the slow laneWhile UPI transaction volumes appear massive nationwide, per-capita data reveals a significant digital divide. Southern and western states ...26 Dec, 2025, 02.06 PM IST
- FM unveils real-time forex settlement at GIFT CityFinance Minister Nirmala Sitharaman launched a real-time foreign currency settlement system at GIFT City, replacing a delayed process. This...08 Oct, 2025, 06.28 AM IST
- Subsidy on small-value UPI payments cut, banks look for ways to offset costIf India’s “free UPI” policy was already pinching banks, the government’s latest move has turned the screw further. A fresh cut in incentiv...01 Aug, 2025, 06.00 AM IST
- Digital payments yet to dethrone cash in priority list of Indians during offline purchases: SurveyA recent report shows that while digital payments are on the rise in India, cash is still the preferred mode for offline transactions, espe...10 Jul, 2024, 06.37 PM IST
- Amazon tops up India payments business with Rs 600 croreAmazon Pay India intensified competition with Paytm, PhonePe, and Google Pay, receiving a capital infusion of Rs 600 crore. The company inv...27 Jun, 2024, 03.24 PM IST
- Amazon Pay India FY23 revenue growth remains flat at Rs 2,093 crore, losses down 13%The company's net losses dipped 13% to Rs 1,499 crore in FY23, from Rs 1,740 crore in FY22, mostly driven by a reduction in expenses.29 Dec, 2023, 02.36 PM IST
- Mutual fund e-mandate limit without AFA increased to Rs 1 lakhThe governor was announcing the decision of the Monetary Policy Committee or MPC. The MPC has decided to hold the policy rate - the Repo Ra...08 Dec, 2023, 12.03 PM IST
- RBI seeks ways to make digital currency payments easy as cashThe RBI has also opened a sandbox for startups to test multiple CBDC use cases. As of now, daily transactions linger in the range of tens o...24 Nov, 2023, 01.35 PM IST
- Amazon Pay counts on wallets to push payments businessWith interoperability on its wallets and a shortcut on the home screen to aid in discoverability, will Amazon Pay manage to get its mojo ba...15 Jun, 2023, 06.00 AM IST
- ET Financial Inclusion Summit: Speed of internet is still a dragIndustrialisation had a role to play and with improved telecom connectivity, the lag will ease out. Industry stakeholders have also raised ...16 Jul, 2021, 07.30 AM IST
- India moves up to 28th rank in govt e-payment adoption: SurveyNorway leads the pack in the 73-country ranking, followed by France and Denmark.03 Oct, 2018, 06.22 PM IST
- Separate targets for institutions: Govt eyes 30 billion digital payments in FY 2018-19MeitY has set a target of 23.7 bn transactions to be recorded by the banking sector alone. Mobile wallet companies are expected to chip in ...25 Apr, 2018, 09.01 AM IST
- Digital payments: India lags China in e-transactionsChina is expected to see stable growth of 36% in digital transactions during 2016-20 while India is expected to grow at an average of 26.2%...10 Oct, 2017, 10.46 AM IST
- RBI tells banks to promote e-payment optionsThe Reserve Bank of India, or RBI, has told a bunch of top bank executives to push the use of electronic transactions among customers to tr...08 Nov, 2010, 04.28 AM IST
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