Articles for Payment Platform

Laura Loomer shares payment platform built by Indians to receive donations
1 week, 6 days ago

Laura Loomer shares payment platform built by Indians to receive donations

Op India  

Days after her racist and xenophobic rants against Indians, American far-right ‘activist’ Laura Loomer shared a link to a donation platform asking her followers to support her after being banned on Cash, Venmo, and PayPal apps. I’m Banned on Cash app, Venmo and PayPal because these people want to strangle me and have been subjecting me to their caste system …

Tech Indian American Indians Loomer Laura Loomer Krishnan
Govt plans to introduce 4-hour window to reverse online payments above ₹2,000
1 year, 1 month ago

Govt plans to introduce 4-hour window to reverse online payments above ₹2,000

Live Mint  

In a bid to combat online payment frauds, the government is reportedly mulling over introducing maximum time for first-time transactions between two users for a digital payment. The proposed measure would cover not just include Unified Payments Interface but also other digital payment methods such as Immediate Payment Service and Real Time Gross Settlement, the report added. This year, the …

India Payment Report User Rbi
RazorpayX launches its own digital lending platform for NBFCs ahead of RBI's 30 Nov deadline
2 years, 2 months ago

RazorpayX launches its own digital lending platform for NBFCs ahead of RBI's 30 Nov deadline

Firstpost  

As the Reserve Bank of India’s deadline for adoption of digital lending guidelines is coming closer, it has made lending merchants rethink their payment infrastructure and the ways that they used to transfer their money. Business banking platform Razorpay has come up with its own digital lending solution titled ‘RazorpayX Digital Lending 2.0’. According to Razorpay, the platform will “automate …

Money Digital Payment Platform Rbi Account Lending
How to add money to your PhonePe wallet, check details here
3 years, 9 months ago

How to add money to your PhonePe wallet, check details here

India Today  

PhonePe is a Unified Payment Interface platform that allows you to transfer money between any two parties without using account numbers or IFSC codes. PhonePe wallet money can be also used to buy and sell gold on the platform. PhonePe Wallet is a semi-closed prepaid instrument issued by PhonePe as per the rules and procedures defined by the Reserve Bank …

Money Your Phone Upi Phonepe Phonepe Wallet Your Phonepe Wallet Prepaid Instrument
'Exponential' Spike in Financial Frauds Due to Dependence on Digital Payment Platforms amid Pandemic: NSA
4 years, 3 months ago

'Exponential' Spike in Financial Frauds Due to Dependence on Digital Payment Platforms amid Pandemic: NSA

News 18  

Asking citizens to be cautious while being online, National Security Adviser Ajit Doval said on Friday financial frauds have seen an exponential increase due to greater dependence on digital payment platforms following the COVID-19 pandemic. “There is a greater dependence on digital payment platform due to reduced cash handling and greater data sharing is happening online and presence on social …

Kerala Cyber Financial Frauds Digital Payment Platform Greater Dependence Digital Payment Platforms Pandemic Nsa
RBI sets up more rivals for Paytm, GooglePay, wants up to ₹10,000 pre-paid platform
5 years, 1 month ago

RBI sets up more rivals for Paytm, GooglePay, wants up to ₹10,000 pre-paid platform

Live Mint  

New Delhi: The crowded field of payment platforms, Paytm and GooglePay, will soon have more competition. The central bank has said the loading /reloading of such pre-paid instrument will be only from a bank account and used for making only digital payments such as bill payments, merchant payments, etc. India’s current digital payment system is dominated by government’s United Payment …

India Payments Bank Digital Rbi Paytm Upi
Union Budget 2019: Govt proposes to create payment platform for MSMEs to enable filing of bills, facilitate timely payments
5 years, 6 months ago

Union Budget 2019: Govt proposes to create payment platform for MSMEs to enable filing of bills, facilitate timely payments

Firstpost  

Investment in MSMEs will receive a big boost if these delays in payments are eliminated, Sitharaman said New Delhi: The government on Friday proposed creating a payment platform for micro, small and medium enterprises to enable filing of bills and facilitate timely payments. Unveiling the first Budget of Modi 2.0 government, Finance Minister Nirmala Sitharaman highlighted the need to invest …

Sitharaman Msmes Payment Platform