digital payments

New Delhi, February 23 The Delhi government is likely to launch the eBike-Didi scheme in the coming months as part of its initiatives to promote women empowerment and reduce air pollution in the national capital, officials said on Monday.A proposal for the e-Bike Didi scheme is under...

New Delhi, February 23 Merchant payments are emerging as the more attractive segment in India's digital payments ecosystem, with Paytm maintaining an edge in revenue intensity and profitability, according to a February 23 report by Bernstein.The brokerage said that merchant acquiring offers...

February 21, New Delhi — To develop a fully digital National Highway tolling ecosystem, the National Highways Authority of India (NHAI) is considering completely discontinuing cash transactions at National Highway fee plazas across the country from April 1, 2026. After implementation, all toll...

New Delhi, February 21 PhonePe launched an AI-powered natural language search feature on Saturday, built using Microsoft Foundry, allowing users to navigate, pay, and track transactions within the app using simple voice or text commands."This feature enables PhonePe users to initiate and...

New Delhi, February 19 Over the past decade, PhonePe has evolved from a pioneering UPI platform into what many consider a "fully diversified fintech platform".With over 65 crore registered users and a merchant acceptance network of more than 4.7 crore, spanning from major cities to remote...

New Delhi, February 19 In the face of increasing geopolitical tensions, there is a growing sense of urgency to direct all digital tools towards an inclusive approach, and India and France will jointly work to build a framework for artificial intelligence by combining innovation with...

New Delhi, February 19 India's digital payments ecosystem is moving beyond a focus on scale, with merchant payments emerging as the primary driver of revenue, accounting for nearly three-fourths of the industry's net revenue pool, according to Bernstein's latest sector analysis.The brokerage...

New Delhi, February 18 The National Payments Corporation of India (NPCI) announced on Wednesday its collaboration with NVIDIA to scale and advance its sovereign AI model capabilities, specifically designed for India's payments ecosystem.The initiative will support the evolving requirements of...

Lucknow, February 17 – The Multipurpose Primary Agricultural Cooperative Societies (M-PACS), launched to strengthen the cooperative banking network and enhance outreach to grassroots workers, are yielding wide-ranging results in Uttar Pradesh.According to an official statement, more than 2...

New Delhi, February 17 – Congress National President Mallikarjun Kharge on Tuesday alleged "complete chaos and poor management" at the India-AI Impact Summit, being held at Bharat Mandapam in New Delhi.He claimed that participants and organizers are facing numerous challenges, including a ban...

New Delhi, February 17 The convergence of connectivity and computing power will reshape how citizens, businesses, and governments interact in India, with artificial intelligence poised to amplify the country's already robust digital public infrastructure, a top executive at Reliance Jio said on...

Mumbai, February 16 RBI Governor Sanjay Malhotra said that improving access to timely and adequate formal credit for MSMEs remains a key policy priority of the central bank.As part of the Reserve Bank of India's continued engagement with stakeholders, the governor held a meeting with select...

New Delhi, February 16 UPI has emerged as the most preferred mode of transaction, surpassing cash transactions, and there is a need for targeted interventions to strengthen the use of RuPay debit cards, particularly in rural and semi-urban areas, a report said.The Department of Financial...

New Delhi, February 16 The National Payments Corporation of India (NPCI) said on Monday that 'UPI One World' wallet services will be available for international visitors attending the ongoing five-day India AI Impact Summit.Through this pilot initiative, inbound foreign travelers will be able...

Mumbai, February 12 The Reserve Bank said on Thursday that the digitization of payments further improved in the six months to September 2025, continuing a trend that began in January 2021.The Reserve Bank of India - Digital Payments Index (RBI-DPI), which has been published since January 2021...

In New Delhi, February 11 Every time a user streams a movie on an OTT platform, makes a digital payment at a roadside tea stall, asks an AI chatbot to summarize meeting minutes on the go, or refines an email draft, a vast network of servers springs into action inside high-security concrete...