Digital Payments

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Digital Payments RBI Notification

Contactless Card transactions limit to be enhanced to R...

RBI increases limit for contactless card transactions to Rs 5,000 from January 1

The RBI governor Shaktikanta Das announced that the central bank has proposed to increase the limit of contactless card transactions from 2000 rupees to 50...

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Digital Payments

How is Contactless Innovations helping in the times of...

Contactless Innovations in payment

Even before the pandemic had taken its strong grip around the world, contactless payments were already being used widely. However, ever since the world was...

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Digital Payments

RBI Streamlines QR Code mechanism for Digital Payment m...

RBI Streamlines QR Code mechanism for Digital Payment modes

Today we are living in the digital era and the entire economy is sustained with digital transactions. The Indian economy is having now gradually adapted th...

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Digital Payments

The Role of Technology in the BFSI Sector

BFSI sector

Whether it is through mobile banking or through digital modes of payment, digital technologies have played a crucial role in transforming the Banking and F...

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Digital Payments

Instant Payments: Challenges and Considerations for its...

Instant payments

In a payment industry as dynamic as today, faster payments have become the norm, and it is no longer just an option for market participants and regulators....

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Digital Payments

What is a Payment Gateway and How does it work?

Payment Gateway

In the last few years, we have seen a rapid increase in the use of digital payment methods. This has increased all the more after the Covid-19 pandemic. So...

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Digital Payments

Banks asked to refund charges collected for Unified Pay...

Unified Payment Interface

Recently the Central Board of Direct Taxes announced that banks can't levy any extra charge on transactions made through electronic mode on or after 1st Ja...

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Digital Payments

Digital Payments Transactions Increase during Covid-19...

Digital payments

Digital payments transactions witnessed a continued rise with many digital platforms seeing record high transactions. According to the data released by the...

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