Money in your PhonePe, Paytm wallet? You can now use it to pay on any UPI app. What RBI’s new rules say

Money in your PhonePe, Paytm wallet? You can now use it to pay on any UPI app. What RBI's new rules say

While the Unified Payments Interface (UPI) has become a part of our everyday life, there’s one limitation that hinders the user experience — not being able to use the money in your online wallet to make UPI transactions to web or mobile application other than that provided by the prepaid payment instrument (PPI) issuer. Thanks … Read more

Cardless cash deposits via UPI apps: Everything you may want to know

Cardless cash deposits via UPI apps: Everything you may want to know

With the Unified Payments Interface (UPI) having gained massive popularity for an array of transactions, depositors will soon be able to use this phone banking interface service to deposit cash at cash deposit machines (CDMs) at ATMs and bank branches. Although it is a natural progression in the continuum of fintech evolution we are all … Read more

Stuck at checkout? How and why online payments fail and five ways to prevent it

Stuck at checkout? How and why online payments fail and five ways to prevent it

The rise in digital payments brings various challenges within complex payment systems. In such a scenario, numerous factors can contribute to online payment failures. Online payment failures can be exasperating for both customers and businesses. Here are five common reasons for online payment failures in India and ways to prevent them: 1)Scheduled Maintenance and Downtime … Read more