Page 17 - Payments Interface News Today

The decision by global card firms to boycott Russia over its invasion of Ukraine may amplify nationalist sentiments. But will RuPay ever become a serious alternative? It may take more than patriotism to take on the entrenched payment institutions.

Experts tracking the sector said measures to boost the fintech sector are in line with the government’s goal to boost financial inclusion and digital payments and banking.

Unified Payments Interface Market to the Next Level | Unified Practice, Cisco, ieDigital, WatchGuard, EVO Payments

Unified Payments Interface Market to the Next Level | Unified Practice, Cisco, ieDigital, WatchGuard, EVO Payments

If you are unable to make payment via apps like Google Pay, Phone Pe, Paytm using UPI, you are not alone in this. Unified Payments Interface (UPI) is down for most users in India.

India has a large mobile phone consumer base of about 118 crore users (TRAI, October 2021). Of this, a significant number of users are still on feature phones.

While it is expected that Paytm's listing will garner huge interest as well as capital from markets, Business Today.In takes a look at how has the company been able to turn its fortunes and where does it make the money from?

How to Deactivate UPI Payments From Your Linked Bank Accounts If You Lose Your Mobile Phone You should not share your UPI PIN or any sensitive details with anyone during the process. By Jagmeet Singh | Updated: 18 July 2021 10:00 IST Photo Credit: Pexels/ Anna Pou Users should first get their mobile number blocked if they lose their phone Highlights You should also get your phone number blocked from your bank NPCI doesnt provide a native way to deactivate UPI pa...

Govt may tax overseas crypto exchanges Want this newsletter delievered to your inbox? SUBSCRIBE Thank you for subscribing to Morning Dispatch Well soon meet in your inbox. / Morning Dispatch When Indian banks began denying services to local cryptocurrency exchanges a few months ago, many investors shifted to overseas platforms. Now we’ve learnt that the department of indirect taxes is looking into whether these exchanges may be required to pay GST if they have customers in India. Also in t...

State Bank of India (SBI) has cited maintenance activities as the reason behind the temporary shutdown of its digital financier services