In the last two years of the coronavirus pandemic,digital paymentshave increased in India, mostly due to the widespread use of UPI for routine transactions. This accomplishment is reflected in the Digital Payment Index (DPI) released by the Reserve Bank of India in January 2022. In March 2022,...
BENGALURU (Reuters) - Shares of Indian digital payments firm Paytm jumped more than 6% on Monday to their highest levels in nearly six months, after the company's parent firm One 97 Communications Ltd posted an 89% surge in its quarterly revenue. Higher number of monthly u...
Digital payments in India to touch Rs1.2 trillion by Dec: reportShrutika Verma
Digital payments in India are expected to grow at a compound annual growth rate of 33.5% by 2026, the report said, adding that the country is likely to emerge as the third fastest-growing real-time market in the world by 2026. It estimated that the contribution of digital payments would s...
Digital living Home to one of the largest bases of netizens in the world, India is abuzz with internet activities being carried out every moment of every day. From information and research to shopping and entertainment to living in smart homes, Indians have welcomed digital living with open arms...
World Payments Report 2025 highlights Highlight 1 The transition from a “less cash” to “cashless” global economy is well under way. Non-cash transaction volumes are increasing year on year. The pandemic-driven shift to online shopping has reduced cash use and increased digital payments, with...
Perhaps the biggest was the demonetization of high-denomination cash notes in November 2016, which took a lot of cash out of circulation and gave both consumers and merchants a pressing reason to adopt digital payments. "Because India is largely skipping over PC adoption in favor of smart...
of withdrawal and issuance of order. As expected, the forms must be filed online under digital signature or through electronic verification code and therefore, taxpayers may still be able to achieve resolution of their tax disputes within the first window, which ends by 31 March 2020 per the V...
FILE PHOTO: WhatsApp logo is seen in this illustration taken, August 22, 2022. REUTERS/Dado Ruvic/Illustration/File Photo By Aditya Kalra and Katie Paul NEW DELHI/NEW YORK (Reuters) - WhatsApp said on Wednesday that it will offer credit card payments and services from r...
The report offers market size and forecasts for the India fintech market in value (USD) for all the above segments. By Service Proposition Money Transfer and Payments Savings and Investments Digital Lending and Lending Marketplaces Online Insurance and Insurance Marketplaces By Application E-...