payments

Airtel Payments Bank Q2 net up 45% at ₹11.2 crore, revenue up 58%

Crosses over 100 million Monthly Transacting Users milestone



  • Money & Banking

payments

Bangladesh ramps up payments to Adani Power amid power supply cuts

Bangladesh is scrutinising its contract with Adani Power, as it is charging Bangladesh a rate nearly 27 per cent higher than those of India’s other private producers




payments

Digital drive soon to encourage passengers to make QR code-based payments for railway tickets

The drive will entail establishing special ‘May I Help You’ counters manned by railway staff near ticket booking counters




payments

Karnataka’s KSRTC introduces UPI payments for cashless ticketing

As part of this initiative, KSRTC has equipped its buses with advanced Electronic Ticketing Machines, which are designed to accept UPI payments, along with debit and credit cards, making transactions quick and convenien




payments

Sreepadmanabhaswamy temple slapped with notice for pending tax payments

Temple authorities say the temple being a religious place and services rendered by it are not in the nature of commercial transactions, it has exemption from GST




payments

Are digital payments gaining traction?

Non-discretionary categories such as fuel and groceries are seeing dramatic growth




payments

Rural consumers’ FMCG basket size expanding, fast embracing digital payments & ecommerce: Report

Rural India’s media consumption is increasingly hybrid, with nearly 1 in 2 of rural consumers exposed to both online and offline media.




payments

Cash keeps pace with e-payments

It’s paradoxical that despite soaring e-transactions, the circulation of high denomination ₹500 notes has marched ahead




payments

Fino Payments Bank Q4 FY23 net rises 25% to ₹22 crore

Operating cost nudged up 4 per cent y-o-y to ₹62.7 crore (₹60.1 crore).



  • Money & Banking


payments

GST On Non-Resident Payments

My firm takes IT projects from an online Service based Marketplace www.guru.com; where Websoft Inc (doing business as Guru.com) is an entity from Pittsburgh, USA and they charge a certain percentage (%) of the total project value as a "Project Fee" and also take a monthly fee as "Subscriptttion




payments

Covered for 12 months of payments: Adani Enterprises

Adani Enterprises (AEL), the parent company for the group’s airports and renewable energy businesses, is covered for 12 months of payments amid the lockdown-related economic disruptions, the management said.




payments

Digital payments slide in March as consumption slows

At present, people are choosing to access cash through the BC channel rather than going to branches where they will come in contact with other people or to ATMs which are not being sanitised.




payments

Interview: Aim to break even in the next 18-24 months, says Fino Payments Bank EVP

Fino Payments Bank aims to break even in the next 18-24 months, executive vice president and head-products & alliances Ashish Ahuja tells Mitali Salian.




payments

Japan Toughens Rules for Renewable Energy Incentive Payments

Japan’s trade ministry is setting stricter rules for production and sales of renewable energy in what it says is a drive to speed up development of projects and ensure stable power supply.




payments

Japan Toughens Rules for Renewable Energy Incentive Payments

Japan’s trade ministry is setting stricter rules for production and sales of renewable energy in what it says is a drive to speed up development of projects and ensure stable power supply.




payments

Mastercard study finds a significant rise in the use of contactless payments amid COVID-19

There has been a significant surge in contactless payments for everyday purchases since the onset of COVID-19, according to a new study. The Mastercard global consumer study conducted from April 10 to 12 says that in Canada, 76 per cent of consumers say contactless payments are now their preferred way to pay when making in-store…








payments

Report on Consumer Protection in Online and Mobile Payments

An examination of payments issues is taking place in the context of the review of the OECD’s 1999 guidelines on e-commerce. This report looks at what might need to be amplified or revised to enhance consumer trust and adoption of new and emerging online and mobile payment mechanisms. It reflects contributions made by national delegations, business and civil society.




payments

Consumer Policy Guidance for Mobile and Online Payments

This guidance addresses a number of key issues in the emerging mobile and online payment area, including the need to establish minimum levels of consumer protection across payment mechanisms, enhanced privacy and child protection, and standards for transparent and accessible information disclosures.




payments

Satyen Narendra Bajaj vs Payu Payments Private Limited & ... on 29 January, 2020

2. The Informant is an individual user/consumer of the services provided by PayU and other e-payment gateways.

3. PayU is a fintech company that provides payment technology solutions to online merchants. It was founded in the year 2002 and has its head-quarter at Hoofddorp, Netherlands. It allows online businesses to accept and process payments through payment methods that can be integrated with web and mobile applications. Further, PayU is the e-payment division of Naspers, a global internet and entertainment group and one of the leading technology investors in the world. Naspers is a leading financial services provider in the global growth markets and is engaged in the business of providing payment gateway services and other digital payment enablement services to both consumers and businesses. It also holds a Non- Banking Financial Company ('NBFC') license in India to offer credit services.




payments

Hyundai EMI Assurance Program Announced: Supports Working Individuals For Car Loan Repayments

Hyundai India has announced a unique ‘EMI Assurance' program due to the Covid-19 pandemic in the country. The new initiative supports working individuals with repayment of car loans in case any employment uncertainty.




payments

Russian E-Commerce and E-Payments Report

This free report highlights the main facts, numbers and trends of the Russian ecommerce and e-payments markets in an international perspective.





payments

Cross-Border Payments and Commerce Report 2019 – 2020

The new Cross-Border Payments and Commerce Report 2019 – 2020 depicts the major trends driving growth in cross-border payments, cross-border commerce, and marketplaces.




payments

Who's Who in Payments 2020 – Complete Overview of Key Payment Providers

Who’s Who in Payments – Complete Overview of Key Payment Providers encompasses key trends in the payments industry.




payments

Brazilian Payments Almanac

Want to understand Brazil's 70 million e-shoppers and its payments industry? The shopping habits of Brazil’s 210 million consumers have their particularities just like other countries, since each country’s payments segment adopts its own means adapted to the local culture.




payments

SnapPay launches facial recognition payments for North American merchants

(The Paypers) SnapPay has announced the availability of facial recognition payment technology for North...




payments

Payments platform Mintoak secures funding from Pravega Ventures

India-based digital payments platform Mintoak has secured a...




payments

Payments specialists launch European Digital Payments Industry Alliance

Ingenico Group,



payments

Dash, Ankerpay to expand DASH payments network in Sub-Saharan Africa

Digital currency provider Dash has partnered with South...




payments

Banks report commercial payments decline amid Covid-19

As the Covid-19 pandemic spreads, commercial payments volumes have declined across the globe due to...




payments

Voxel's baVel integrates with Juniper to boos B2B travel payments

baVel, Voxel's electronic transaction platform in...




payments

Visa, Safaricom team up on M-Pesa, payments, and tech

Visa has teamed up with Kenyan telecom Safaricom, operator...




payments

UnionPay works closely with multiple acquirers to boost online payments

UnionPay International has responded to the...




payments

Japan-based payment methods Konbini, Pay-easy join PPRO payments platform

PPRO has entered the Japanese ecommerce market, as two...




payments

58 percent of consumers more likely to use contactless payments now than ever before

New data from Amex has revealed an upsurge in contactless payments for in-store, online or app-based purchases,...




payments

Currencycloud, Carta Worldwide partner to boost international card payments

Canada-based digital transaction processor Carta Worldwide teamed with



payments

94% of Indians in metros embrace digital retail payments, Forrester report

A new report by research company



payments

Mercado Pago launches feature to split payments between friends

Argentina-based fintech Mercado Pago has announced it will now be possible to share...




payments

TPAY Mobile, Vodafone Egypt roll out digital payments on Google Play

Vodafone Egypt has teamed up with TPAY MOBILE, a digital...




payments

linked2pay launches CustomerConnect to improve B2B invoice payments

linked2pay, a US-based payments technology provider, has announced the launch of CustomerConnect, a solution capable of eliminating late B2B invoice payments. 




payments

Yapily and Ordo collaborate to improve payments during COVID-19 pandemic

UK-based fintech Yapily has announced working with payments...




payments

linked2pay launches CustomerConnect to improve B2B invoice payments

linked2pay, a US-based payments technology provider, has...




payments

Coda Payments partners Riot Games for payments services across Southeast Asia

Coda Payments and Riot Games have announced that players...




payments

Contactless payments for everyday purchases increase globally

A Mastercard global consumer study has shown...




payments

Visa supports UAE's move to increase contactless payments limit

Visa has announced it will support the UAE Central...




payments

Conferma Pay launches Visa-powered virtual card payments globally via mobile app

Fintech company Conferma Pay has teamed up with