Digital Payment

News

India, Indonesia move to link digital payments as Modi visit deepens strategic ties

The two countries agreed to integrate their digital payment systems and signed a series of agreements spanning defence, healthcare, manufacturing and maritime security, underscoring New Delhi's push to deepen ties with a key Southeast Asian partner.

1 min read7 Jul 2026
Industry

Scammed? RBI will pay you back, but only once in a lifetime

RBI has proposed a one-time policy to reimburse victims of small-value digital fraud, even in cases of customer negligence. The cost-sharing model between the central bank and lenders seeks to bolster digital trust.

2 min read6 Mar 2026
Industry

SBI wants to let you pay your bills with keychains

SBI is exploring this capability as debit cards see a significant decline in usage amid wider adoption of UPI and an increase in credit card usage.

4 min read26 Aug 2025
Money

India logs 65K crore digital payments worth ₹12K trillion in 6 years, says govt

India saw over 65,000 crore digital payments worth ₹12,000 trillion from FY20 to FY25, the government said. Fueled by UPI and targeted policy effort, this digital adoption soared beyond the metros, boosting financial inclusion and bringing millions of vendors and rural users into the formal economy.

2 min read28 Jul 2025
News

India's retail digital payment may double to $7 trillion by 2030: Report

India's digital transaction levels have seen a 138 per cent growth in the Unified Payment Interface (UPI) payments levels from the financial year 2018 to 2024, likely to reach $7 trillion by 2030, reported PTI quoting a Kerney and Amazon Pay joint study.

2 min read14 Jul 2024
Technology

Finance Chiefs Take Measured Approach to Using Real-Time Payments

For CFOs a key selling point of systems like the Federal Reserve’s FedNow is the ability to closely manage working capital.

5 min read2 Nov 2023
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News

India's democracy 'most functional' on any global parameters: VP Jagdeep Dhankar

Jagdeep Dhankhar said that there is the evolution of an ecosystem that enables every youth to fully unleash his or her energy and potential‘Skill development and capacity building is the new norm at every stage,’ he added

3 min read6 May 2023
News

RBI Guv says 1,050 cr retail digital payment transactions worth ₹51 lakh cr processed in Jan 2023

RBI guv said, about 1,050 crore retail digital payment transactions worth ₹51 lakh crore processed in January 2023 stand as testimony to the size and efficiency of India’s digital payments.He also revealed that Unified Payments Interface (UPI) has revolutionised the payments ecosystem with about 803 crore transactions worth ₹13 lakh crore processed in January 2023 alone.

4 min read18 Mar 2023
News

Transaction in UPI, IMPS, Bharat Bill sees slowdown in growth rate. Here's what RBI's data shows

The latest bulletin of RBI showed that the growth rate in transactions in UPI, IMPS and Bharat Bill Payment System slowed down in January 2023 compared to the growth rate of the same month last year.

2 min read18 Feb 2023
News

RBI Guv says 1,050 cr retail digital payment transactions worth ₹51 lakh cr processed in Jan 2023

RBI guv said, about 1,050 crore retail digital payment transactions worth ₹51 lakh crore processed in January 2023 stand as testimony to the size and efficiency of India’s digital payments.He also revealed that Unified Payments Interface (UPI) has revolutionised the payments ecosystem with about 803 crore transactions worth ₹13 lakh crore processed in January 2023 alone.

4 min read18 Mar 2023