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Saturday, November 2, 2024
TopicDigital payments

Topic: Digital payments

Where are the rich people in India’s household surveys? Track their e-commerce to fill gap

Unlocking the rich and diverse information from digital and online sources could be a game changer for the generation, collation, and production of official data.

Paying with your face—what will convince consumers to use facial recognition payment technology?

While facial recognition technology isn’t new, facial recognition payment technology is—and it’s growing very quickly. About 495 million Chinese shoppers used it in 2021.

HDFC to stop SMS alerts for UPI transactions up to Rs 100

Email alert for all transactions will continue to be delivered. The bank, however, did not reveal the reason behind not sending SMSes for transactions below Rs 100.

Paytm shares rise by 5% as NPCI allows digital payments through third-party apps

The license, granted by the country's payments authority, came as Paytm Payments Bank will cease to operate on 15 March, following regulatory action due to non-compliance with certain norms.

What can countries with high transaction cost on remittance do? Adopt an Indian method

The high transaction cost on remittances amounts to an additional tax on cross-border movement of incomes. For 2023, roughly $41 billion was spent on just transaction costs.

India’s UPI & Singapore’s PayNow launch a real-time link for cross-border payments

This is the first such for the South Asian nation that is the world's biggest recipient of remittances. Transfer of funds will now be possible using just mobile phones.

Make recharge and bill payments easier via MobiKwik

All payment methods available in MobiKwik: credit cards, debit cards, UPI, Net banking, MobiKwik ZIP - Pay Later give you a perfect replacement for cash.

India must re-think the zero-charge regime for digital transactions. Try this tiered approach

The current cross-subsidy disincentives quality of service and will impact ease of living in the longer term.

Indian rural women aren’t waiting passively for help. Digital payments are working

Making businesses digital is helping rural women merchants cope better with the current crisis and tap into new economic opportunities.

Amid digital payment boom, 42% Indians faced financial fraud, 74% didn’t get money back

Survey by LocalCircles found that 'bank account frauds' topped the list, followed by 'fraud by eCommerce sites'.

On Camera

As a Hindu Canadian, I am deeply hurt by cancellation of Diwali. My community is now sidelined

Canada faces serious foreign interference issues, but these challenges must not be weaponized to unfairly target friendly and important allies like India.

Watch CutTheClutter: Flattening INR-USD rate, and debate on pros and cons of a ‘strong’ rupee

In Episode 1544 of CutTheClutter, Editor-in-Chief Shekhar Gupta looks at some top economists pointing to the pitfalls of ‘currency nationalism’ with data from 1991 to 2004.

All about Major Bob Khathing, whose daring expedition & diplomatic parleys secured Tawang for India

The decorated Naga officer from Manipur also served as envoy to Myanmar & Nagaland chief secy. Defence Minister Rajnath Singh inaugurated a museum dedicated to the Tawang hero Thursday.

Xi wanted to teach India about imbalance of power. We should take a budgetary lesson from it

While we talk much about our military, we don’t put our national wallet where our mouth is. Nobody is saying we should double our defence spending, but current declining trend must be reversed.