The Reserve Bank of India (RBI) just ensured that loans for MSMEs get cheaper, by announcing a reduction in repo rates (5.75%). Repo rate is the rate at which the RBI lends money to banks in case of a shortage […]
B2B companies have adopted digital payments to ease their daily business operations. Over the last few years, B2B businesses have shifted preferences from cash to digital payments, facilitated by payment gateways. While several B2B companies accept traditional payments (checks, cash), […]
Indians are going digital. Now, RBI predicts the rise of the digital POS, a payment method wherein customers can use QR codes as POS machines to make payments. More Indians are using their debit and credit cards to pay merchants, which means […]
How can AI-powered digital payments change the way we do payments in India? Can it go beyond just payments? It is 2019, and Artificial Intelligence is slowly taking over daily life. We have smart speakers waking us up and opening […]
With increased online payments it is important to know how to protect your UPI transactions from cyber fraud, and the RBI vouches for it. On February 14, the RBI issued a warning to all banks, customers and online payment platforms […]
Wondering how the digital payments scenario is panning out in India? According to some latest reports, the Indian Government has set a target of 30 billion digital payments in 2019. All mobile wallet companies received a target of 6.3 billion […]
India now ranks 28th in the Government E-Payments Adoption Ranking study, a survey conducted by Visa. The Government E-Payments Adoption Ranking (GEAR) is a Global Index and benchmarking study commissioned by Visa, the card issuing company to check how governments around the […]
