PayGlocal will get RBI nod as on-line cost aggregator

PayGlocal, a number one cross-border cost options supplier, has obtained last authorisation from RBI to function as an internet cost aggregator. The corporate will provide a complete suite of cost options that cater to a various vary of companies, guaranteeing seamless, safe and environment friendly transaction processing together with guaranteeing a hassle-free cost expertise for … Read more

Swipe proper: India’s love affair with digital funds

Practically 90 per cent of Indian customers with web entry want digital fee choices for on-line purchases, in keeping with a report by Amazon Pay India and Kearney India. And that is true of small-town India as effectively. About 65 per cent of transactions by customers in small-town India are actually digital, whereas in bigger … Read more

UPI transactions average from March peak to ₹19.6-lakh crore

Mumbai The Unified Funds Interface (UPI) noticed each the quantity and worth of transactions moderating by about 1 per cent on month from the report excessive seen in March 2024. Transactions value ₹19.64 lakh crore have been processed throughout April 2024, 0.7 per cent decrease than the report of ₹19.78-lakh crore seen within the earlier … Read more

Amazon Pay, Google Pay and card funds drive 58% of e-commerce

The e-commerce sector is witnessing a development in the usage of various fee strategies, which accounted for practically 58 per cent in 2023, in accordance with a report by information and analytics firm GlobalData. Cell and digital wallets have eclipsed conventional fee modes, in accordance with the report. Use of money has fallen considerably, with … Read more