Electronic Payments

Lightspeed, Accel lead $18.5 mn seed round in fintech start-up Uni

Founded by Nitin Gupta, former CEO of PayU India and Ola Financial Services, Uni aims to bridge the gap for credit cards and make them become more accessible for consumers across different regions.

Between MyGov and Bharat Net, here are the highs and lows of Digital India

Schemes that address clear market demand have clicked; those that focus on behavioural change, not so much

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

E-payments rise marginally in volume, dip in value

The volume for Real Time Gross Settlement for October was 10 million, a marginal rise from 9.6 million transactions in September

Electronic payments rise marginally in August: RBI

Credit, debit cards saw a slight rise in volume and value, stated the central bank in its monthly bulletin

Electronic payments in August rise in volume but dip in value

Indicates people may have started using electronic modes for smaller value transactions as well