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Source: Live Mint For S Anand, managing household expenses for her ageing parents had always been a challenge. Her father, a senior citizen, often hesitated to make digital payments himself, worried about entering incorrect details or navigating complex UPI interfaces. Anand found herself either making payments for him or transferring the money from her own…
Source: Live Mint Unified Payments Interface (UPI) transactions hit a record 16.73 billion in December 2024, shows data released by the National Payments Corporation of India (NPCI). This figure marks an eight percent increase as compared to November’s data, which recorded 15.48 billion transactions. NPCI also reported that the total value of transactions in December…
Source: Live Mint The Reserve Bank of India (RBI) recently allowed the users of prepaid payment instruments (PPIs) to access UPI services via third party applications. This is seen as a commendable move which will give a massive boost to the digital payment ecosystem in India. In order to understand this, let us first understand…
Source: Live Mint Google Pay, one of India’s largest UPI apps, has had initial talks with asset management companies (AMCs) as it looks to offer mutual funds on the app, a senior executive at a mutual fund house, who did not wish to be named, told Mint. The company is exploring whether to offer regular…
Source: Business Standard 2 min read Last Updated : Oct 04 2024 | 2:07 PM IST Google India has announced a partnership with Muthoot Finance, a non-banking financial company (NBFC) specialising in gold loans. The partnership will provide gold-backed loans to small businesses and consumers, especially in rural areas, through Google Pay. …
Source: Business Standard Google Pay’s credit partnership portfolio now includes five lenders in total: DMI Finance, Indifi Technologies, ICICI Bank, Aditya Birla Finance, and Muthoot Finance 3 min read Last Updated : Oct 03 2024 | 2:34 PM IST More than 80 per cent of the credit disbursed by Google Pay, in partnership with…
