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RBI's New Security Measures for Digital Transactions: OTP Mandatory for Auto-Debit Payments Above ₹15,000
The Reserve Bank of India (RBI) has issued new guidelines under the 'E-Mandate Framework 2026' to enhance the security of digital payments in the country. According to the new rules, customer approval in the form of an OTP (One-Time Password)... 
No Plans to Levy GST on UPI Transactions Above ₹2,000: Finance Ministry Clarifies
New Delhi, April 18 — The government has categorically denied reports suggesting that it is considering the imposition of Goods and Services Tax (GST) on Unified Payments Interface (UPI) transactions exceeding ₹2,000.
As per agency report, the Finance Ministry issued... .jpg)
One-Third of Digital Payments in 2024 Made via Credit Cards and EMIs: Report
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New Delhi, April 11, 2025 — Nearly one-third of all domestic digital transactions in 2024 were conducted using credit cards or interest-bearing monthly installment (EMI) plans, according to a new report. This trend highlights a significant shift in consumer behavior...
Nepal Embraces UPI: Indian Tourists and Businesses Can Now Pay Seamlessly
Mumbai, March 08 : Travelers and businesses venturing to Nepal from India will no longer have to carry Indian Rupees, as they can now make payments conveniently through the Unified Payment Interface (UPI). The National Payments Corporation of India (NPCI)... 
Union Minister Anurag Thakur Highlights India's Economic Progress at FICCI Conference
New Delhi - Union Information and Broadcasting Minister Anurag Thakur delivered a keynote address at the national conference of FICCI, focusing on India's economic development and industrial growth. Thakur expressed gratitude to taxpayers for their contribution to the nation's progress,...
UPI services launched in Sri Lanka, Mauritius
New Delhi, Feb 12 (IANS) India on Monday successfully launched its Unified Payment Interface (UPI) services in Sri Lanka and Mauritius.
RuPay card services were also launched in Mauritius as part of this initiative.
Prime Minister Narendra Modi attended the... 
Zomato gets RBI approval to operate as 'online payment aggregator'
New Delhi, Jan 25 (IANS) Online food delivery platform Zomato on Thursday announced that its wholly-owned subsidiary Zomato Payments Private Limited (ZPPL) has been granted a certificate of authorisation from the Reserve Bank of India (RBI) to operate as an... 
WhatsApp to let users pay businesses with credit card, other UPI apps in India
New Delhi, Sep 20 (IANS) To complete a purchase directly in the chat, Meta Founder and CEO Mark Zuckerberg on Wednesday announced a new feature in India that will allow WhatsApp users to pay businesses using a variety of payment... 
PhonePe launches celebrity voice feature with Amitabh Bachchan on its SmartSpeakers
New Delhi, Sep 5 (IANS) PhonePe has launched a first-of-its-kind celebrity voice feature on its SmartSpeakers in collaboration with the iconic Indian actor Amitabh Bachchan.
This new feature will allow PhonePe SmartSpeakers across India to validate customer payments in Bachchan’s...
Pioneered by India, QR payments to grow 590% in Southeast Asia by 2028
New Delhi, Aug 21 (IANS) Pioneered by India, QR Code payments to grow more than 590 per cent in the leading Southeast Asian market by 2028, a new report said on Monday.
According to Juniper Research, the volume of QR... 
PM Modi advocates digital payments for transparency
New Delhi, July (IANS) Prime Minister Narendra Modi on Saturday said digital payments have brought transparency and urged people to avoid cash payments if possible.
Addressing the 17th Indian Co-operative Congress, the Prime Minister said: "Embrace digital transactions for transparency.... 
Founder of Elite Group Mr Balraj Meel Building Global Payment Solution Wizard
New Delhi (India), June 16: The Founder of Elite Group, Mr Balraj Meel, is known for his visionary approach and out-of-the-box thinking. He has given new dimensions to the way businesses are conducted by introducing the concept of ‘Global... 