Tag: digital payments

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UPI transactions: UPI hits 16 billion transactions in October setting new record aided by festive spends

Riding festive season highs, Unified Payments Interface (UPI) reported 16.58 billion transactions in October 2024, up 45% year-on-year, data from the National Payments...

Amazon Pay: Amazon Pay reports Rs 2,286 crore revenue for FY24, cuts losses by 39%

Amazon Pay, the digital payments arm of ecommerce giant Amazon, has reported a 9.22% increase in operating revenue to Rs 2,286 crore for...

Paytm: ET Explainer: why NPCI nod for Paytm UPI onboarding matters

Paytm, operated by One 97 Communications, received approval from the National Payments Corporation of India (NPCI) to onboard new UPI users, lifting a...

Paytm: Paytm gets NPCI nod to onboard users on UPI, shares up 11%

One 97 Communications that runs digital payments application Paytm said it received clearance from the National Payments Corporation of India (NPCI) to restart...

Digital payments show strong uptick buoyed by wider adoption of credit during festive season

Usage of credit cards and credit-based payment instruments like pay-later products showed a robust increase during this year’s festive season sales, according to...

UPI: UPI sets new record as transaction volume crosses 15 billion

The Unified Payments Interface (UPI), operated by the National Payments Corporation of India (NPCI), set a new record by processing more than 15...

UPI: NPCI International to help launch UPI-like payments platform in Trinidad and Tobago

NPCI International Payments (NIPL) has entered into a strategic partnership with the Ministry of Digital Transformation (MDT) of Trinidad and Tobago to develop...

Cashfree Payments: Cashfree appoints Nitin Pulyani as its head of product

Digital payments startup Cashfree Payments has appointed Nitin Pulyani as the head of product and a senior vice president in the company. Pulyani...