digital payments

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    RBI Considers Regulatory Framework for Digital Payments

    Mumbai, March 27 The Reserve Bank on Friday introduced the 'Payments Vision 2028' document, announcing various initiatives, including the introduction of electronic cheques and expanding the regulatory scope to include entities such as e-commerce companies.A facility for the sender to enable...
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    Maharashtra Cooperative Banks Embrace Digital Payments with Airpay

    New Delhi, March 27 Airpay Payment Services announced on Friday that it has partnered with the Maharashtra State Co-operative Bank (MSCB) to enable UPI-based digital payments across the lender's network in the state, in order to accelerate financial inclusion in rural areas.The rollout will...
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    Customs Duty Payments on ICEGATE Portal Become More Flexible

    New Delhi, March 25 Businesses can now use UPI, debit or credit cards to pay customs duty on the ICEGATE portal, the Central Board of Indirect Taxes and Customs (CBIC) has said.The CBIC, in a circular, stated that the ICEGATE e-Payment platform has enabled a "Payment Aggregator" as an...
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    New Zepto Features Prioritize Customer Experience

    New Delhi, March 24 Quick commerce platform Zepto on Tuesday launched a suite of new in-app features, including a "Pay Later" facility and real-time images of fresh produce, as it shifts its strategic focus from delivery speed to "behavior-led commerce."The company stated that the quick...
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    Simplifying Tax Payments: DBS Bank India Adds Direct Tax Facility

    New Delhi, March 23 DBS Bank India announced the launch of its direct tax payment facility on Monday, following authorization from the Central Board of Direct Taxes (CBDT).The bank will now be able to collect direct tax payments on the TIN 2.0 platform, in addition to its existing capability...
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    Cybercriminals Target LPG Fears: Statewide Advisory Issued

    Jaipur, March 19 – Amid rising demand and concerns about a shortage of LPG cylinders in Rajasthan, cyber fraudsters have intensified their efforts to deceive residents, prompting the Rajasthan Police to issue a statewide advisory.The Cyber Crime Branch has cautioned citizens against a surge in...
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    Verma Brings Extensive Payments Experience to BharatPe's POS Team

    New Delhi, March 19 Fintech firm BharatPe announced on Thursday the appointment of Himanshu Verma as Head of its POS Business, effective immediately.He will focus on driving merchant adoption, strengthening distribution, and scaling the company's offline payments ecosystem.Verma brings over...
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    Small Traders Not Distressed by Online Shopping, Says Haryana CM

    Chandigarh, March 18 Haryana Chief Minister Nayab Singh Saini rejected the opposition's claim on Wednesday that the rise of online shopping is adversely affecting small traders.He said there is no evidence of distress among small traders.Saini said, in fact, the expansion of digital payments...
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    Faster Refunds for Railway Passengers: New QR Code Process

    Mumbai, March 18 The Western Railway (WR) announced on Wednesday the launch of a QR code-based facility to expedite refunds for failed digital payments.The facility, named SARAL (Smart Assistant and Refund Access Link), was introduced at a press conference held at the WR headquarters in Mumbai...
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    XED Executive Development IPO: RBL Bank Facilitates Investor Subscriptions

    New Delhi, March 17 RBL Bank announced on Tuesday that it has been appointed as one of the collecting banks for the proposed Initial Public Offering (IPO) of XED Executive Development Ltd, the first public offering to be launched from India’s International Financial Services Centre (IFSC) at...
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    Sri Lanka Sees Increased Indian Tourism Supported by UPI

    New Delhi, March 17 NPCI International Payments Limited, the international arm of the National Payments Corporation of India (NPCI), has reaffirmed its commitment to expanding the Unified Payments Interface (UPI) merchant acceptance in Sri Lanka.The initiative aims to enhance cross-border...
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    Willful Defaulters: India's Banks Face Rs 40.6 Billion in Debt

    New Delhi, March 16 Top 10 willful defaulters, including ABG Shipyard, Gitanjali Gems, and Housing Development and Infrastructure, owe Rs 40,635 crore to banks as of March 31, 2025, Parliament was informed on Monday.ABG Shipyard Ltd tops the list with Rs 6,695 crore due to banks, followed by...
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    New Online Platform Simplifies Garden Entry

    Srinagar, March 14 Jammu and Kashmir Chief Minister Omar Abdullah launched an online ticketing solution on Saturday for entry to gardens across the Union territory.An official spokesman said this marks a significant step towards promoting digital governance and enhancing visitor convenience...
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    Digital Ticketing Improves Garden Access in J&K

    In Jammu and Kashmir, Chief Minister Omar Abdullah launched an online ticketing solution for garden entry across all gardens in Jammu and Kashmir today. Akashvani Jammu correspondent reports that this move represents a significant step towards promoting digital governance and enhancing visitor...
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    India’s Growth and Self-Reliance Despite Regional Challenges

    Prime Minister Narendra Modi stated that India remains a well-recognized and trusted nation globally, even amidst disruptions in West Asia. Addressing the NXT Conclave in New Delhi, Mr. Modi said that the country remains stable and resilient despite the challenging situation in the region. He...
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    PM Modi: India Focused on Energy Security and Protecting Citizens

    New Delhi, March 12 Prime Minister Narendra Modi on Thursday criticized those attempting to create panic regarding the LPG situation in India, stating that they are not only exposing themselves but also harming the country.Addressing the NXT Summit here, Modi also said that due to the ongoing...
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    Protect Yourself: Steps for Wrong UPI Transactions

    Jaipur, March 11 – The Cyber Crime Branch of the Rajasthan Police has issued a detailed advisory urging citizens to remain calm and act swiftly in case of erroneous UPI transactions.The advisory comes amid rising instances of digital payment fraud and mistaken transfers in the era of Digital...
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    Cybercriminals Use 'Digital Lutera' to Steal UPI Transactions

    New Delhi, March 11 Online fraudsters are using new technology that bypasses the security features of UPI apps to carry out financial transactions, cyber intelligence firm CloudSEK claimed in a report.According to the report, the firm has identified at least 20 active groups on messaging...
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    PhonePe Launches 'On-The-Go' Card for Seamless Transit Payments

    New Delhi, March 11 PhonePe has announced the launch of the PhonePe 'RuPay On-The-Go' Card, a National Common Mobility Card (NCMC).This launch is a step towards India's 'One Nation One Card' vision, aimed at digitizing transit payments across India.The PhonePe 'On-The-Go' Card is designed to...
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    Digital Payment Awareness Campaign Urges Caution in Online Transactions

    Ahmedabad, March 9 – The Reserve Bank of India (RBI) launched the sixth edition of the Digital Payment Awareness Week (DPAW) in Ahmedabad on Monday, with a program focused on women, highlighting the need for greater public awareness about safe digital transactions in the face of rising cases of...
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