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Saturday, February 21, 2026
TopicDigital payment

Topic: Digital payment

Rs 580 cr lost to digital payment frauds in last 5 yrs, only 43% recovered—govt to Parliament

Maharashtra, Haryana, Delhi & Tamil Nadu top the chart when it comes to these frauds. Together, they account for 69% of the total reported frauds, according to FinMin data.

Assam is wary of digital payments. It’s stalling the growth of MSMEs

Data from a recent survey on MSMEs in Assam shows a paradox. While most MSMEs have adopted digital payment systems, a large share of their customers still prefer to pay in cash.

Center Fruit’s ‘Laplapalap’ has a new voice. It’s coming from a Paytm soundbox

The commercial shows how the Paytm voicenote, which is heard after every successful payment, gets a Center Fruit twisṭ̣ adding fun to routine purchases.

Why Africa is the future of mobile and digital banking

Today, 48% of Africa’s population uses banking services, according to the African Digital Banking Transformation Report 2023.

How the pandemic can help make digital currencies truly global

We know that digital cash will be a direct claim on a central bank, just like its physical counterpart. But there the similarity ends.

India betting on 30% cap on digital transactions to avoid tech monopolies like in the West

India’s approach to avoid monopolies is to decree limits on fintech competitors from the start: No single player can grab more than 30% of total transactions.

Coronavirus succeeds where demonetisation failed as Indians dump cash for digital payments

Value of UPI transactions reached all-time high June as people feared handling banknotes amid the pandemic. Electronic fund transfers have also rebounded.

No data breach in BHIM, says national payments body after web sleuths claim lakhs ‘exposed’

vpnMentor, a site that reviews virtual private network services, said Sunday that data of ‘millions of BHIM users’, including Aadhaar details, had been left exposed to the public.

India has a long way to go to squeeze cash out of the economy & become digital

Despite open model & multitude of competitors in digital payments, 72% of India’s consumer transactions take place in cash, double the rate in China.

Facebook & Google are in a frenzy chasing India’s $1 trillion online payment market

While India's digital payments market will touch $1 trillion only by 2023, China’s current mobile payments market stands at $5 trillion.

On Camera

Cautious optimism — India’s new relationship with Tarique Rahman’s Bangladesh

Both Bangladesh and India will have to work together to repair the damage done during the Yunus administration.

In the West, there’s anxiety. In India, optimism—Rishi Sunak says India poised to be leader in AI

On Wednesday, the former UK Prime Minister Rishi Sunak was speaking in New Delhi at a Carnegie & Observer Research Foundation event on AI.

Embraer moves full throttle in pursuit of IAF contract, ties up with Hindalco after Adani

IAF is firming up plans to revamp airlift capabilities with medium transport aircraft that will be assembled in India & serve as its main workhorse. Embraer is leading contender as of now.

No country is ever fully sovereign. Cold War era taught India its real meaning

India’s fraught neighbourhood places multiple constraints on its strategic choices. It leaves no time to take a deep breath, lean back and reset.