Mumbai’s financial landscape shook on Friday as RBI pulled the plug on Paytm Payments Bank’s operating license. Citing persistent violations of licensing conditions, the regulator has ordered an immediate halt …
Digital Payments
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In a strategic push for economic synergy, Union Finance Minister Nirmala Sitharaman engaged in high-level talks with South Korea’s FSC Chairman Lee Bok-hyeon in New Delhi on Monday. The agenda …
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In a game-changing development for South Asian travel, NPCI’s international unit NIPL has broadened UPI’s footprint in Sri Lanka. The expansion integrates India’s blockbuster payment system with the island’s LankaPay-operated …
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India’s digital payments giant PhonePe has hit pause on its highly anticipated stock market debut. Citing ongoing geopolitical tensions and turbulent global markets, the company revealed Monday it is temporarily …
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In a significant boost to bilateral digital finance, India and Israel inked a deal Thursday to enable cross-border UPI payments. Prime Minister Narendra Modi’s presence at the signing in Tel …
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Ten years ago, PhonePe entered India’s digital payments arena as an early UPI adopter. Fast-forward to today: it’s a diversified juggernaut serving 650 million consumers and 47 million merchants nationwide. …
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In a candid address at IIM Bengaluru, Infosys founder N.R. Narayan Murthy lauded the Reserve Bank of India’s (RBI) pivotal role in revolutionizing digital payments through UPI. He called RBI …
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Paytm isn’t sweating the end of RBI’s PIDF scheme. The payments leader disclosed to exchanges that ramped-up revenues and focused merchant outreach will neutralize any revenue dip post-2025. This comes …
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India’s BHIM app is riding high on user confidence, posting a massive 300% jump in monthly transactions over 2025. According to fresh figures from NPCI BHIM Services Limited, the platform …
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It’s been exactly 10 years since Startup India ignited a firestorm of innovation across the nation. What started as a government push for self-reliance has birthed unicorns that redefined everyday …