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Tuesday, November 11, 2025
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.

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.

On Camera

The govt’s ‘fix’ to speed up insolvency could add at least a year to the process

The proposed amendment to the Insolvency and Bankruptcy Code aims to reduce timelines and provide for a mechanism that involves minimal interaction with the court. It fails on both counts.

No more text-heavy ads, wider scope of services—ICAI’s ethics code overhaul to promote Indian CA firms

Open to public feedback until 26 November, the revised guidelines, among other changes, give CA firms more flexibility to advertise & promote their services.

‘Let them see’: Putin says new nuclear-powered missiles in the making, in message to Washington

At a ceremony felicitating Russian military engineers, Putin highlights Moscow’s 'parity' in defence technologies for the next century.

Bihar is where politics moves, and everything else stands still

Bihar is blessed with a land more fertile for revolutions than any in India. Why has it fallen so far behind then? Constant obsession with politics is at the root of its destruction.