UPI Transactions Surge by 27% in February

[ad_1] New Delhi, March 1: The number of transactions via the Unified Payments Interface (UPI) saw a significant annual increase of 27% in February, reaching 20.39 billion. The total value of these transactions also rose by 22% year-on-year, amounting to ₹26.84 lakh crore, according to data released by the National Payments Corporation of India (NPCI). […]

India and Israel Sign UPI Agreement to Enhance Digital Transactions

[ad_1] Tel Aviv, February 26: India and Israel have entered into an agreement for the cross-border use of the Unified Payments Interface (UPI), strengthening digital and financial partnerships between the two nations. This collaboration will integrate UPI with Israel’s domestic payment framework, making digital transactions faster and more cost-effective. On the second and final day […]

UAE Bank to end SMS OTPs for online transactions from Jan 6, switch to biometric authentication | World News

[ad_1] UAE’s big banking change for online card transactions / AI Generated Image If you’ve lived in the UAE for a while, the “ping” of an incoming SMS with a six-digit code has been the soundtrack to your online shopping. But that sound is about to become a relic of the past. Starting January 6, […]

Paytm Rises as Subsidiary Gets RBI Nod to Operate as Payment Aggregator for Offline and Cross-Border Transactions | Udaipur Kiran

[ad_1] Mumbai, 18 December (Udaipur Kiran) — Shares of One97 Communications (Paytm) moved higher on Wednesday after its wholly owned subsidiary Paytm Payments Services Ltd (PPSL) received authorisation from the Reserve Bank of India (RBI) to operate as a payment aggregator for offline (physical) and cross-border transactions. The stock was trading at Rs. 1284.20, up […]

Kuwait new rule for Gold and precious metals: Bans cash payment to fight illegal transactions | World News

[ad_1] Kuwait outlaws cash payments for gold and jewellery / AI-generated illustration Kuwait has ushered in a new era for its precious metals market, making a bold move that aligns it with international best practices. The Ministry of Commerce and Industry recently issued a landmark decision that completely bans cash payments for the purchase of […]

‘There will be more transactions’: More Intel-like deals coming soon? What Donald Trump’s aide said

[ad_1] After its deal with Intel, the US could be paving a new way to build wealth by investing in more private companies.US President Donald Trump’s top economic adviser, Kevin Hassett, said on Monday that more such investments may follow.Hassett, who heads the National Economic Council, told CNBC that Trump’s push for a sovereign wealth […]

UAE to increase card fees for foreign transactions: Here’s how expats can avoid extra charges | World News

[ad_1] UAE expats may face higher charges on international card use starting September/ Representative Image TL;DR From Sept 22, UAE banks will raise fees on international card use to 3.14%, impacting travel and global online purchases. Expats sending money home or spending abroad will see higher charges on every swipe. There are ways to reduce […]