UPI transaction volume to reach 59bn by 2023: Report
With digital payments gaining ground in India, home-grown Unified Payments Interface-based transaction volume will reach nearly 59…
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NPCI launches AI virtual assistant PAi to create product awareness
National Payment Corporation of India (NPCI) said that it has launched an artificial intelligence (AI) based chatbot, PAi, to…
PayNearby facilitates DBT worth Rs. 6000 crore during April-May lockdown
PayNearby has said it has disbursed direct benefit transfers (DBT) of over Rs. 6000 crore through its AePS (Aadhaar Enabled…
UP Fishermen get cash in their village through APES
Fishermen in Manjha Kalan village in Ayodhya were facing troubled times because they could not go to their bank and ATM due to the…
Airtel Payments Bank rolls out Aadhaar-enabled payment system
Airtel Payments Bank has said that it has launched the Aadhaar enabled payment system (AePS) which will help people to do…
UPI was most preferred payment mode in volume terms in 2019
Unified Payments Interface (UPI) remained the most preferred mode of payment in terms of volume followed by debit cards, Immediate…
Spice Money launches smartphone-enabled ”Micro-ATMs”
Payment services provider Spice Money has launched smartphone-enabled ''Micro-ATMs'', similar to Point-of-Sale (PoS) card machines…
Digital payment transaction volumes rise to 244.8 crore in August 2018, says govt
The number of digital payment transactions in India touched 244.81 crore in August 2018, more than three-fold rise from October…
Government of Telangana Appoints Kotak Mahindra Bank as Exclusive Banker for AEPS Services
This collaboration enables customers to access AEPS cash withdrawal services at more than 4,000 MeeSeva outlets across 31…