by Asheeta Regidi The RBI’s new guidelines on Payment Aggregators (PAs) and Payment Gateways (PGs) are welcome in several ways. Serving as ‘Regulation 2.0’...
We missed this earlier. Card-not-present spend, which include online transactions and payments without a physical card, now account for over 50% of MasterCard’s switched...
With the coronavirus crisis and lockdown, transactions numbers on the Bharat Interface for Money (BHIM) UPI app fell 34.5% to 11.17 million in April...
Visa’s tap-to-pay transactions increased 40% YoY in Q2, while 60% of all its face-to-face transactions (excluding the US) were tap-to-pay. More than 50 markets...
As of April 10, the government has transferred Rs 28,256 crore in financial assistance to 31.77 crore people under Pradhan Mantri Garib Kalyan Package for...
The volume of Unified Payment Interface (UPI) payments declined 5.8% in March 2020 over the previous month, but surpassed the 1 billion mark anyway, according...