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Global Payments

Retrieving Lost Shares? Enter The Labyrinth

Global Shares Jump On Wall Street's Return To Its Highest Level In Over A Year

“China will likely recover at some point, but we will unlikely see the Chinese growth put a severe pressure on commodity markets. That's one good news for inflation watchers,” Ipek Ozkardeskaya, senior analyst at...

13 July 2023

Govt Approves Rs 2,600 Crore Incentive Scheme To Promote Rupay Debit Card, UPI Transactions

The incentive scheme will facilitate a robust digital payment ecosystem while promoting RuPay Debit Card and BHIM-UPI digital transactions

13 January 2023

NRIs Can Now Make UPI Payments With International Mobile Numbers. Check Details

The National Payments Corporation of India (NPCI) has permitted the transfer of funds between NRE accounts and other permissible accounts endorsed under FEMA regulations.

11 January 2023

Reserve Bank of India (RBI) Governor Shaktikanta Das

India Needs To Internationalise Payment Products: RBI Governor Das

QR code-based merchant payments through UPI apps are already enabled in Bhutan, Singapore and the UAE

19 March 2023

Non-Residents From 10 Countries Will Soon Be Able To Use UPI For Fund Transfer

Non-Residents From 10 Countries Will Soon Be Able To Use UPI For Fund Transfer

The National Payments Corporation of India (NPCI) in a circular said it has been receiving requests for allowing non-residents to use international mobile numbers for transacting in Unified Payments Interface (UPI)

11 January 2023

Govt. Spending, Low-Income Jobs, Supply Renewal To Accelerate India’s GDP Growth In 2023: Credit Suisse

In light of the Indian market's underlying economic resilience, Credit Suisse has raised the country's rating from "Underweight" to "Benchmark" for 2023

15 December 2022

HDFC Bank, LuLu Exchange Ink Deal To Enhance Cross-Border Payments Between India-Gulf Region

Lulu Exchange's expertise and regulatory framework would be utilised to launch a digital inward remittance service titled 'RemitNow2India'

22 February 2023

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Is Open Banking The Solution For Rising Payment Frauds?

Is Open Banking The Solution For Rising Payment Frauds?

Researchers at the UK-based Finextra Research decode whether open banking can be a solution to payment frauds globally.

02 August 2022

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13 July 2022
Buy Now Pay Later Could Soon Replace Credit Cards Globally, Reveals Survey

Buy Now Pay Later Could Soon Replace Credit Cards Globally, Reveals Survey

Extremely popular in the West, BNPL could soon replace credit cards for variety of reasons ranging from no credit debt to impulsive overspend on purchases....


16 June 2022
More Indians Using Contactless Payments Even While Shopping Physically, Says Report

More Indians Using Contactless Payments Even While Shopping Physically, Says Report

Contactless card payments have risen by six times in three years, as acceptance has grown around it being a necessity rather than a choice, and the pandemic...


28 May 2022
FTX To Expand Into Traditional Financial Markets As Well; Bitcoin, Ethereum See Fall

FTX To Expand Into Traditional Financial Markets As Well; Bitcoin, Ethereum See Fall

Global crypto exchange FTX will use funds raised recently to buy shares in other companies in crypto as well as traditional financial markets


30 March 2022
Invoice Discounting Getting Popular With Retail Investors On Fintech Platforms

Invoice Discounting Getting Popular With Retail Investors On Fintech Platforms

Invoice discounting, which was traditionally done by banks to provide immediate credit to vendors against bills receivable, is now getting popular with retail...


29 March 2022
One-Fourth Of E-Commerce Payments In India Are Through Digital Wallets, Finds Study

One-Fourth Of E-Commerce Payments In India Are Through Digital Wallets, Finds Study

While cash remains king, digital wallets are the close second when it comes to e-commerce transaction in India, finds the 2022 payments report by FIS. Credit...


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28 February 2022
Are BNPL Schemes Better Than Credit Cards?

Are BNPL Schemes Better Than Credit Cards?

BNPL, buy now pay later, options look more attractive than credit cards. Let’s see if that’s actually true


28 January 2022
Five Reasons Why It Makes Sense to Close Your Home Loan Early

Five Reasons Why It Makes Sense to Close Your Home Loan Early

Payment of your home loan before time could help you in myriad ways, mostly in living a more stress-free life.


19 January 2022
AGS Transact Technologies, First IPO of 2022, Opens: Should You Subscribe?

AGS Transact Technologies, First IPO of 2022, Opens: Should You Subscribe?

AGS Transact Technologies IPO is open till January 21 and has a price band of Rs 166-175 a share. It’s an offer for sale which aims to raise Rs 680 crore


02 November 2021
Mastercard To Let Banks Integrate Cryptocurrencies In Credit, Debit Cards

Mastercard To Let Banks Integrate Cryptocurrencies In Credit, Debit Cards

Banks on Mastercard’s global payment network would be able to give out reward payments on their debit and credit cards through cryptocurrencies.


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