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In FY20, more than 50,000 cases — 52,006 to be precise — of fraudulent usage of debit cards, credit cards and internet banking were...
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In FY20, more than 50,000 cases — 52,006 to be precise — of fraudulent usage of debit cards, credit cards and internet banking were...
Frauds in online banking and ATM transactions for amounts below Rs 1 lakh increased 54% in FY19 from the previous year to over 50,000...
Update: PhonePe is up and running. By 4 PM they had Debit and Credit Cards, and the PhonePe wallet functional. By 11:43 PM, they...
We missed this earlier. Almost 300 million — 298.6 million to be exact — of India’s Jan Dhan Yojana bank account holders have been...
Unified Payment Interface (UPI) saw an increase of 1.4% in the total transaction volumes between January and February 2020, according to data published by...
We missed this earlier. US payments company PayPal will roll out UPI payments service in India in the “coming months”, reported Business Standard last...
Airtel Payments Bank has reportedly launched Aadhaar-enabled payment service (AePS) on February 27, according to PTI. Customers with Aadhaar-linked bank accounts can make transactions...
The number of point of sale (PoS) machines increased to 4.88 million in November 2019, up 39% from 3.51 million in November 2018, according...
Unified Payment Interface (UPI) saw a marginal decrease of 0.3% in the total transaction volumes between December 2019 and January 2020, according to data...
Users of UPI payments service PhonePe can now transfer money to a merchant via the app, and get cash equal to the amount transferred...
