News Supreme Court gives RBI 6 weeks to confirm WhatsApp’s compliance with localisation rules The Supreme Court has given the RBI six weeks to confirm WhatsApp’s compliance with data localisation of payments data as the company is planning... Shreya GangulyAugust 5, 2019
News UPI transactions grew 9% to 822.3M in July 2019; Rs 146,386.6 Cr transacted The Unified Payment Interface (UPI) saw an increase of 9% in the total transaction volumes taking place between June 2019 and July 2019, according... Sandeep VermaAugust 2, 2019
News BHIM’s 16M transactions accounted for only 1.9% of UPI payments in July 2019 The number of transactions on the Bharat Interface for Money (BHIM) UPI app was 16 million for the month of July 2019, up 3.4%... Sandeep VermaAugust 2, 2019
News BHIM’s 15.5M transactions accounted for only 2.1% of UPI payments in June 2019 The number of transactions on the Bharat Interface for Money (BHIM) UPI app was 15.5 million for the month of June 2019, down 1.8%... Sandeep VermaJuly 8, 2019
News UPI transactions in June 2019 increases 3 times YoY Unified Payment Interface (UPI) saw an increase of 3% in the total transaction volumes taking place between May 2019 and June 2019, according to... Sandeep VermaJuly 3, 2019
News Paytm begins passing on MDR fees to customers from today: report In an attempt to reduce its burn rate and turn a profit, Paytm will begin passing on the merchant discount rate – the fee... Zaheer MerchantJuly 1, 2019
News With NPCI tie-up, MeeSeva customers can now pay using UPI and RuPay cards The National Payments Corporation of India has signed an agreement with the state government of Telangana to offer UPI, and RuPay debit and credit... Shreya GangulyJune 20, 2019
News Paytm claims 60% market share in UPI-based merchant payments: report Editor’s Update: Several senior payments industry sources have contested Paytm’s claims privately to MediaNama, but none of them want to come on record about... Soumyarendra BarikJune 11, 2019
News Alipay ties up with six European mobile wallets for unified payments through QR codes Chinese payments app Alipay has tied up with six mobile wallets in Europe to offer a unified Quick Response (QR) code for mobile payments,... Zaheer MerchantJune 10, 2019
News RBI scraps charges on NEFT, RTGS transactions, tells banks to pass on benefits to customers To encourage digital payments, the RBI announced that it would remove the charges it levies on banks for transactions through the RTGS and NEFT... Aditi AgrawalJune 6, 2019