Tag: payments

Paytm reassures users that the Reserve Bank of India's action against Paytm Payments Bank Limited will not impact its services or financial stability, as the two operate independently.IMAGE: Photograph: ...

The Reserve Bank of India has cancelled the banking licence of Paytm Payments Bank, citing concerns over the bank's management and conduct being detrimental to depositors and public interest, ...

Fueled by festivals and the financial year's end, Unified Payments Interface (UPI) transactions in India soared to a record high in March, showcasing the platform's dominance in the digital ...

The Reserve Bank of India is set to revolutionise the digital payments landscape by leveraging artificial intelligence to enhance customer experience, automate grievance handling, and build a robust payments ...

DBS Bank India introduces a new direct tax payment facility via the TIN 2.0 platform, streamlining tax payments for customers, while Utkarsh Small Finance Bank teams up with Mumbai ...

Swift is revolutionising international payments with a new system designed to provide faster, cheaper, and more transparent transactions for small businesses and consumers worldwide.Key PointsSwift is launching a new ...

Companies like PhonePe are entitled to an annual incentive for the promotion of low-value UPI transactions. This incentive has been coming down over years. Key Points Tiger Global and ...

In its June 2025 review, the International Monetary Fund spotlighted India's Unified Payments Interface as the world's most dominant retail instant-payment network, moving more transactions than any other system ...

Fino Payments Bank (Fino) has become the first such entity to get an in-principle approval from the Reserve Bank of India (RBI) to transition into a small finance bank ...

Ray-Ban Meta Glasses Features: Meta announced that the Ray-Ban Meta glasses users in India will receive a major update featuring several new Meta AI tools aimed at making the ...