UPI has emerged as the most popular payment mode, pioneering Person-to-Person (P2P) and Person-to-Merchant (P2M) transactions, accounting for 75 per cent of India’s digital payments.
The service will empower the HDFC Life policyholders not accustomed to digital payments by enabling them to take control of their policies with a single IVR call.
If you buy on a credit card EMI close to the last date of the statement cycle, or on the last date of the billing cycle, then the EMI is likely be charged in the next cycle. Here’s how credit card companies tabulate the...
RBI’s second global hackathon has invited participants from all over the to develop solutions for new and easy-to-use digital banking services for the differently abled
Payment Aggregators (PAs) are entities that facilitate e-commerce sites and merchants to accept various payment instruments from customers for the completion of their payment obligations
Here is how you can get your money back if you sent it to a wrong UPI address
Linking credit cards to make UPI payments is a game changer in digital payments as it offers the benefits of both credit cards and UPI, according to experts. Read on to find more.
You can reap the benefits of high-interest rates currently offered by banks on fixed deposits (FDs) for various tenors through the auto-sweep feature
Several major Indian banks have started banking services through WhatsApp; here’re a few of them.
Many people may have experienced situations when money gets stuck in a bank ATM. But nothing to worry about; here is the solution.
Recurring deposits are a safe and secure way to save over a fixed tenure and fetch a guaranteed return from your bank through small timely deposits each month....
Are you in need of emergency fund? Perhaps you can take an overdraft from your bank rather than a loan. Here’s all you need to know about overdraft facility...
Despite the availability of QR codes, UPI, and other payment solutions, cash is still the dominant as well as the go-to payment mechanism in certain...
This was made possible courtesy of a greater reliance on digital payments by people, the report by economists at SBI said, adding that the Indian economy is...
Chinese websites and cyber security gangs are targeting Indians this Diwali with fake messages on social media, including WhatsApp and Instagram that redirects...
The economic progress of a country is directly linked to the strength of its banking system, he said after dedicating 75 Digital Banking Units (DBUs) to the...
Of the two, one is the SSI branch at Lal Chowk in Srinagar and the other is the Channi Rama branch in Jammu.
With more and more governments showing interest in central bank digital coins (CBDCs), we explore how these coins might impact your life and whether the...
During the lockdown induced by the COVID-19 pandemic, people received money in their bank accounts just by pressing a button, she said
CBDC is expected to reduce India’s cash logistics cost by 5-10 per cent, besides also giving a boost to India’s digital economy
A recent consumer focussed survey has revealed that a huge majority of Indians want the government and public sector undertakings to do away with convenience...
Now, you can use VoiceSe to make UPI payments on feature phones in regional languages. More languages to be included in payment mechanism soon
The Reserve Bank of India (RBI) has issued guidelines for digital lending for the ease of borrowers and fintech companies and to promote growth in the broader...
Researchers at the UK-based Finextra Research decode whether open banking can be a solution to payment frauds globally.
The RBI data shows a significant growth in digital payments in India, but what factors may have contributed to their rapid adoption across the country?
