E Payment

RBI hikes UPI limit for hospital, educational payments: What does it mean?

RBI MPC: In another key announcement related to digital payments, Governor Shaktikanta Das proposed to hike the e-mandate for recurring payments to Rs 1 lakh from the current Rs 15,000

Fintech Stripe debuts charge card program in US; soon to launch in UK, EU

Stripe-issued cards would now help companies distribute virtual or physical charge cards to their customers that will allow them to spend on credit rather than using the funds in the accounts

NPCI, PPRO ink deal to offer hassle-free e-commerce payments globally

NPCI International Payments Limited (NIPL) on Thursday executed a definitive agreement with digital payments infrastructure provider PPRO to offer Indian customers a platform for hassle-free e-commerce payments globally. The agreement aims at expanding RuPay card and UPI acceptance across PPRO's global clients, such as payment service providers (PSPs) and global merchant acquirers, a joint statement said. This association will drive NIPL's continued expansion into foreign markets and will add India to PPRO's Local Payment Method (LPM) coverage map, it added. The partnership between NIPL, a wholly-owned subsidiary of National Payments Corporation of India (NPCI), and PPRO will empower the global PSPs, banks, payment gateways and enterprises with payment platforms to expand globally, giving international e-commerce merchants access to Indian consumers, it said. Consumers can seamlessly make cross-border purchases in Indian rupees using their favourite payment method. Launched in 201

Ola not obligated to deduct tax at source on payment to driver: ITAT

Tribunal says Ola is a mere intermediary; its role is limited to managing OLA app, facilitating transport services by the driver to the rider and payment collection via e-wallet on driver's behalf

RBI clears payment aggregator licence for Razorpay, PineLabs & Stripe

Payment aggregators enable e-commerce sites and merchants to accept payment instruments from customers without the need for merchants to create their own payment integration system

Had to pivot many times due to changing rules: NTT Data Payments Svcs CEO

In a Q&A Dewang Neralla dwells on the journey of being an early mover in fintech, innovation in payments and leveraging its data

Ashneer Grover writes to Bharatpe, demands action against CEO

In response to a comment by Ashneer's sister on a social media post by former Bharatpe employee, Sameer said: "Sister, your brother has stolen all the money. Very little left to pay salaries"

What is e-RUPI and how can it plug leakages in direct benefits transfer?

The govt recently launched e-RUPI vouchers to transfer the benefits of its welfare programmes. A person- and purpose-specific digital payment system, it does not require beneficiaries to a smartphone

E-payment of MSP will not affect 'arthiyas' of Punjab, Haryana: Govt

In Punjab and Haryana, the Centre and state agencies procure their quota of foodgrain largely through a network of mandis and middlemen

Paying your income tax may soon become as easy as swiping a card at a shop

UPI is an instant, real-time payment instrument developed by the National Payments Corporation of India

India ranks 28th on govt e-payment adoption; Norway tops, France second

The country holds the top ranking on B2G and G2B, and comes third on C2G jointly with Argentina

Switch to e-payment at the earliest, Centre tells urban local bodies

As many as 59 cities collected tax revenues of Rs 1,722 crore during Nov so far, including dues payable