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As per estimates, only 5 per cent Indians use digital payment modes.

There are alternate modes of payments for end consumers

FinTech companies are innovating and introducing many alternate' payment options.

22 May 2017 12:57 PM IST

Prime Minister Narendra Modi

3 yrs of Modi govt: Digital economy to cross $1-trn mark

IT Minister Ravi Shankar Prasad says main focus would be on services and offerings in digital space.

24 May 2017 3:56 PM IST

If you are using BHIM, you do not have to maintain a balance with the app as your funds will flow from your bank account.

Aadhaar-based BHIM: India closer to cashless economy

New service will allow customers to make purchases using their Aadhaar number linked with their bank account.

14 April 2017 6:29 PM IST

Ola aims at investing Rs 100 crore in adding 1,00,000 drivers to its platform

Ola integrates with UPI to simplify payment options

This integration will allow Ola customers to use their unique UPI IDs to pay for all their rides on the Ola platform.

3 April 2017 6:22 PM IST

Ola aims at investing Rs 100 crore in adding 1,00,000 drivers to its platform

Ola integrates with UPI to simplify payment options

Integration will allow Ola customers to use their unique UPI IDs to pay for all their rides on the Ola platform.

3 April 2017 5:08 PM IST

WhatsApp this week rolled out a beta update for iOS only which allows users to edit and revoke messages.

WhatsApp in talks with SBI, NPCI to add mobile payment system

The system will reportedly function on Unified Payments Interface (UPI), run by National Payments Corporation of India..

24 Jun 2017 3:45 PM IST

WhatsApp is of the most popular messaging platforms for sharing information. Random news is known for spreading rumours and scams.

Whatsapp to introduce payment via UPI; talks with SBI, NCPI on

WhatsApp is in discussions with State Bank of India, NPCI and few other banks to devise ways to integrate their systems.

23 Jun 2017 1:27 PM IST

Implementation of GST it does not seem will meet its actual deadline of Aril 1, 2017 as both the Centre and the states have failed to arrive on an agreement over contentious issues.

GST to create national market and broaden tax base: Urjit Patel

Patel said broadening of tax base is an important outcome of GST and other initiatives on e-payments and digitisation.

22 Jun 2017 5:02 PM IST

Hikes wallet, however, is the first such service by a messaging platform in the country and comes ahead of a possible launch of a payment facility by Facebook-owned WhatsApp later this year.

Hike rolls out India's first payment wallet within messaging platform

Indian instant messaging platform Hike has rolled out an in-app electronic payments wallet.

21 Jun 2017 10:38 AM IST

Representational Image.

Hike introduces India's first payment wallet on a messenger app

Hike said its wallet will allow instant money transfer among its clients and enable fund transfer to banks using UPI.

20 Jun 2017 4:41 PM IST