‘Race to digital adoption picks up’

Digital payments and banking technology firm Cashfree announced that it has recorded a rise of 150 per cent in active/transacting merchants from July 2020 to July 2021 highlighting a gradual and systematic increment in digital adoption among merchants. Continue Reading

Bill Gates praises India’s financial innovation

India’s policies came in for praise from tech pioneer Bill Gates, who said his philanthropic foundation is working with other countries to roll out open-source technologies modeled on the country’s implementation. Continue Reading

Security norms for credit, debit cards puts several in fix

New guidelines to further secure credit and debit card payments left several cardholders in a fix on Thursday as many of them were not able to make online or contactless transactions. Continue Reading

PhonePe’s transaction bounces back after outage

Digital payment platform, PhonePe, said its transaction has bounced back hard in the last 24 hours. The platform processed over Rs 4,000 crore worth of transactions in 24 hours and saw its largest ever volume of user traffic in a single day (with over 70 million app sessions). Continue Reading

Pine Labs & Zest Money partner to offer instant credit

Merchant commerce platform, Pine Labs, announced a strategic partnership with consumer lending fintech, ZestMoney. Pine Labs and ZestMoney will provide in-store digital Equated Monthly Instalment (EMI) options to customers through Pine Labs’ Plutus and Plutus Smart point of sale (PoS) devices. Continue Reading

IIM Calcutta, TalentSprint launch FinTech programme

IIM Calcutta in association with TalentSprint had launched an advanced programme in FinTech and financial blockchain in May to cater the rising FinTech market by helping professionals build expertise. Continue Reading

TN among top Indian digitised States: Survey

Top three sectors for digital payment growth in April-June were food and beverages (31 per cent), gaming (13 per cent) and financial services (12 per cent). The gaming industry witnessed a 244 per cent growth in the last quarter due to World Cup and IPL, among other…. Continue Reading