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Online Payment News

10 Jul 2024

90% Indian Consumers Prefer Digital Payments For Online Purchases: Report

Kearney India and Amazon Pay India have released of a comprehensive new report, "How Urban India Pays", in which it has found India's rapid shift towards a cashless economy, driven by a surge in digital payment adoption by both consumers and merchants.

Indian Railways

16 Jul 2022

IRCTC introduces QR code payment for food on THESE trains, check details here

IRCTC introduces QR code payment for food items Currently, this facility will be only available on Sampoorna Kranti express trains IRCTC QR code will be available on the menu

State Bank of India

20 Jul 2020

Tips for SBI account holders: Here’s how to stay safe from banking frauds

State Bank of India has tweeted a video on safe tips to protect customers from fraudulent transactions SBI tweeted about the protection measures the customers can take in case they have been a victim of the same. Protect yourself from cyber-criminals by staying alert and informed, SBI said.

online transaction

29 Jun 2020

Fraudulent transaction in your bank account? Do this immediately to limit loss

The cyber criminals have become very active to exploit the vulnerability of customers in the wake of the coronavirus outbreak.

12 Jun 2019

Banks to waive all charges on fund transfer through RTGS, NEFT from July 1

The Reserve Bank levies minimum charges on banks for transactions routed through its RTGS meant for large-value instantaneous fund transfers and the NEFT System for other fund transfers. Banks, in turn, levy charges on their customers.

09 May 2018

Man pays $23,000 for a bun, is now awaiting a refund

It is suspected that the man entered his pin on the card machine where the amount was meant to be punched in.

24 May 2017

PayTM starts its Payment bank

Delhi Government

15 May 2017

Delhi govt orders registration of BS-III two-wheelers

The apex court had set March 31 as the deadline for the sale and registration of BS-III vehicles.

13 Apr 2017

Amazon India gets RBI nod for mobile wallet

Online marketplace Amazon India has secured a licence to operate pre-paid payment instrument (PPI) or mobile wallet in the country as it tries to compete more aggressively against rivals Snapdeal and Paytm.

05 Apr 2017

PayU launches deferral payment facility 'LazyPay' in India

LazyPay appears as a payment option at the time of checkout on websites and apps integrating the product.

Muthoot Securities Limited

29 Nov 2016

Now, make your WILL online with Muthoot Securities in just 30 minutes

Muthoot Securities Limited (MSTL), the broking and wealth management division of The Muthoot Group, has launched an innovative product - iWill that offers online Will writing that can be completed in just 30 minutes.

12 Sep 2016

Now businesses can sell directly to consumers on Facebook Messenger

Facebook announced Monday a new online payment system that will allow businesses to sell directly to consumers on its Messenger application.

13 Jun 2016

MobiKwik teams up with Central Mall for India's first chain of cashless malls

03 Jun 2016

Good News! Soon you can pay for LPG cylinders through an SMS

Oil marketing companies are planning to introduce a a system using which LPG cylinder customers can pay by sending text messages with payment links.

24 Jan 2016

Booking LPG cylinder? Now you can pay online

Consumers can now make online payment for the cooking gas or LPG cylinders at the time of booking.

10 Dec 2015

FreeCharge appoints Anshul Kheterpal as CFO

Digital payments platform FreeCharge today announced the appointment of Anshul Kheterpal as its chief financial officer.

21 Oct 2015

MobiKwik eyes Rs 800cr monthly GMV, to expand offline partners

Mobile wallet company Mobikwik has said it expects monthly GMV to touch Rs 700-800 crore over the next 12 months with half of it coming from offline channels like mom-and-pop stores and restaurants.

24 Sep 2015

E-commerce: RBI allows banks to use e-payments for imports

In order to facilitate e-commerce, RBI Thursday permitted banks to enter into pacts with Online Payment Gateway Service Providers (OPGSPs) for import payments.

Citrus Payment Solutions

16 Aug 2015

Citrus Payment guns for $4 bn GMV strike rate in FY16

Sequoia Capital-backed Citrus Payment Solutions, which operates online checkout and payment solution Citrus Pay, is looking to double its gross merchandise value (GMV) run rate to about USD 4 billion by the end of the fiscal.

02 Jul 2015

PayPal buys money-sending service Xoom in $890 mn deal

Online payments titan PayPal said Wednesday it is buying international money-sending service Xoom in a deal valued at $890 million.

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