The ongoing shift towards becoming a cashless economy was initiated in November 2016 with the demonetization. Since then, debit cards have been a boon for people. Daily transactions through debit ...

Domestic smartphone manufacturer Lava on Thursday introduced the LAVA Pay app - an innovative digital payment solution that does not require internet connectivity. "We are hopeful that this ...

In 2003, the most recent year for which statistics on electronic commerce were available at the time of writing, e-commerce had reached a record volume of $1,679 billion. The bulk of the volume, ...

US electronic payments association Nacha is to build a new bank-owned utility charged with solving the privacy, security and authentication issues relating to retail internet payments. The board of ...

UPI payments can be made offline by dialing *99# from your registered mobile. This USSD-based service bypasses the need for ...

Internet commerce makes billions for business every year. The federal government's 2011 e-commerce report found that online sales made up 4 percent of all 2009 retail sales -- about $145 billion.

Rocket Internet, the German incubator that’s so often viewed as a tech ‘clone factory’, is furthering its efforts to grow a global e-commerce empire after announcing plans to develop payment services ...

Keeping in view these bottlenecks, the RBI's Payments Vision 2025 had envisaged an interoperable payment system for internet banking transactions. (Reuters) Reserve Bank Governor Shaktikanta Das on ...

Mobile bill payments make up a growing portion of overall payments, particularly among smartphone owners, among whom mobile bill payment grew 41 percent since 2011 Survey showed consumers pay bills in ...