Creative Bharat
MUMBAI: UPI transactions in Nov 2024 showed a slight dip from the previous month. While total transaction volume fell by 6.6% to 1,548 crore, overall value declined by 8.3% to Rs 21.6 lakh crore. In Oct, transactions had risen to 1,658 crore in volume and Rs 23.5 lakh crore in value, driven by e-commerce sales.Bankers […]
V Anantha Nageswaran, the Chief Economic Advisor to the Government of India, on Saturday, stressed the critical need for large enterprises to ensure timely payments to small and medium enterprises (SMEs), highlighting that such payments are essential for the financial health and growth of these smaller businesses. He made these remarks while addressing the inaugural […]
NEW DELHI: One97 Communications (OCL), which operates under the Paytm brand, announced on Tuesday that their users can now make UPI payments at specific international destinations, including select locations in the UAE, Singapore, France, Mauritius, Bhutan, and Nepal. This service enables customers to handle various transactions, including retail purchases, restaurant bills, and local activities abroad […]
MUMBAI: Online spends through credit cards have continued to surge driven by e-commerce discounts. In September 2024, credit card users spent Rs 1,15,168 crore online, accounting for 65.4% of the total Rs 1,76,201-crore card spends, official data showed.In other words, for every one rupee spent by swiping credit cards at a point-of-sale machine, two rupees […]
As Indian entities like Adani Power continue to build pressure on Bangladesh for clearing the mounting dues, Dhaka says payments are being made in a planned manner. “Payments to all creditors are being made as per a payment plan,” Muhammad Fouzul Kabir Khan, the adviser for the Ministry of Power, Energy and Mineral Resources, Bangladesh […]
Read original Sileon AB (publ) (“Sileon” or the “Company”) has today entered into an agreement with Avarda a part of TF Bank AB (publ) (the “Purchaser”) whereby the Company’s assets related to the business area Payments (“Payments”) are divested. The sale of Payments is in line with the previously communicated business […]
Read original NY / London, October 31, 2024 – Klarna, the AI-powered global payments network and shopping assistant, today announces the launch of its flexible payment options for Zoom Workplace, enabling users across the US and multiple European markets* to access Zoom’s premium services with greater financial flexibility. The […]
Hong Kong Tappy Technologies, a leader in cutting-edge wearable payment technology, is thrilled to announce the launch of its revolutionary product: the world’s first fitness and payment ring that effortlessly merges fitness tracking with network card tokenization technology for contactless payments. This revolutionary device will be unveiled during Hong Kong Fintech Week 2024, […]
