Payment trends: Digital transactions surge but cash still remains king! Here’s what Indians are using to pay
Despite a surge in digital payments, cash continues to dominate nearly half of India’s transactions, particularly in rural areas. While retail payments are overwhelmingly digital, ...
Payment rules: RBI issues final guidelines for aggregators, sets capital norms and cross-border limits
The Reserve Bank of India (RBI) has introduced final guidelines to regulate payment aggregators, effective immediately. These guidelines classify aggregators into three categories and impose ...
Online payment: UPI transactions get faster; time reduced from 30 seconds to 10
UPI payments are now significantly faster, with transaction times reduced to 10-15 seconds, thanks to a directive from NPCI. This improvement aims to enhance user ...
