digital payments

New Delhi, April 11 All user fee payments at national highway toll plazas across the country will be processed exclusively through digital modes, using FASTag or the Unified Payments Interface (UPI), starting Saturday, according to an official statement.This move represents a significant step...

To combat digital fraud, the Reserve Bank of India has released a discussion paper suggesting additional measures to prevent it. The RBI has invited comments and feedback through the "Connect 2 Regulate" link on the RBI website until May 8th.According to data from the National Cyber Crime...

Mumbai, April 9 To mitigate financial fraud, the Reserve Bank of India (RBI) on Thursday proposed a delay in credit for authorized push payments and a control or kill switch for digital payments.It also proposed limiting the total amount of credits in an account to help counter the problem...

Hyderabad, April 9 BRS MLA Palla Rajeshwar Reddy said on Thursday that he was cheated by cyber criminals who impersonated government officials, offering financial assistance to unemployed youth in his constituency under a central government scheme.Reddy, who represents Jangaon in the...

New Delhi, April 8 Police have busted a fake call centre operating in Pitampura in outer Delhi and arrested 19 people, including 12 women, for allegedly cheating victims across the country by posing as representatives of a finance company, officials said on Wednesday.The accused lured...

April 08, New Delhi: The Pradhan Mantri MUDRA Yojana (PMMY), launched on April 8, 2015, has completed 11 years of empowering micro-enterprises and promoting financial inclusion. Over this period, PMMY has disbursed more than ₹40.07 lakh crore through over 57 crore loans, across four categories...

New Delhi, April 2 Transactions through the Unified Payments Interface (UPI) reached a record high of 22.64 billion in terms of volume in March."UPI achieves 22.64 billion transaction count in March'26! Thank you, India, for embracing digital payments and driving this revolution forward. Let's...

Thane, April 2 Civic bodies in Thane district of Maharashtra have reported a surge in tax collections for the 2025-26 financial year, driven by aggressive recovery drives, amnesty schemes, and a shift towards digital payments, officials said.The Thane Municipal Corporation (TMC) recorded a...

April 1, New Delhi: With the start of the new financial year today, a set of other key reforms has come into effect. Starting April 1, all digital payment transactions in India are required to meet the norms of two-factor authentication (2FA), as directed by the Reserve Bank of India.Under the...

With the start of the new financial year today, a set of reforms, including key changes to financial regulations, will come into effect.The Income Tax Act, which has been in place for over six decades, will be replaced by the new Income Tax Act, 2025, starting today. This is designed to...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...