India leads the world in fast payments: IMF
India has emerged as the global leader in fast payments, according to the International Monetary Fund's report titled ‘Growing Retail Digital Payments: The Value of Interoperability’.
India has emerged as the global leader in fast payments, according to the International Monetary Fund's report titled ‘Growing Retail Digital Payments: The Value of Interoperability’.
Uttar Pradesh Chief Minister Yogi Adityanath on Wednesday reaffirmed the state's commitment to increasing the income of milk producers, strengthening rural economies built around livestock, and ensuring high-quality dairy products for consumers.
Promoting digital payments is an integral part of the government’s strategy for financial inclusion and providing wide-ranging payment options to the common man.
Similarly, the value of transactions grew by 40 per cent, increasing from Rs 83.16 lakh crore to Rs 116.63 lakh crore in the first six months this year.
The Congress took precaution against being blamed for the suspension of the disbursal by the ruling party.
India with 89.5 million digital transactions in the year 2022 topped the list of five countries in digital payments.
FC Barcelona President Joan Laporta held a press conference to explain the ongoing scandal around the payments of over seven million euros that the club made to the former vice-president of the Spanish Referee's Federation Enriquez Negreira.
Leading payments and financial services company Paytm on Wednesday said it has achieved a new milestone in offline payments with 6.8 million devices deployed, while consumer engagement is the highest on the Paytm Super App at 90 million average monthly transacting users.
The company is giving away Rs 11 cashback up to three times by sending money to three different contacts via unified payments interface (UPI) on WhatsApp.
A month after US President Donald Trump pulled out of an international nuclear deal with Iran, India’s State Bank of India reportedly informed oil refiners that it would not handle payments for the crude from November.
