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Friday, July 18, 2025
TopicDigital payment

Topic: Digital payment

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.

Paytm & its payments bank discontinue inter-company agreements to reduce dependencies

Paytm didn't say what agreements were being terminated. Payments bank agreed to simplify shareholders’ agreement to 'support Paytm Payments Bank‘s governance, independent of shareholders'.

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

Punjab govt must take Centre into confidence on new anti-sacrilege bill

What should be of concern is other states following suit and enacting separate laws to suit the political environment of respective states citing the Punjab bill as a precedent.

India-US set to ink mini trade deal soon, reach understanding on agricultural & dairy products

Mini deal will likely see no cut in 10% baseline tariff on Indian exports announced by Trump on 2 April, it is learnt, but additional 26% tariffs are set to be reduced.

3 top ULFA-I leaders ‘killed’ in Myanmar, Indian Army denies role as insurgent group alleges involvement

The banned group claimed their leaders & cadres were killed in ‘drone strikes’ by the Indian Army. Guwahati Defence PRO denies any such operation.

RSS chief Bhagwat draws the line at 75. India’s politics stares at the Modi Exception

BJP has no dynastic succession, at least not at the top. You can trace this back to Vajpayee-Advani era. This act of spotting, empowering younger talent is even more striking with the choice of BJP presidents.