In recent years, India has witnessed a remarkable transformation in consumer payment choices. Debit cards, once the preferred option for most Indians, are gradually losing dominance. In contrast, credit cards are steadily gaining traction, propelled by the growing spending...
The widespread adoption of smartphones and the Internet in India has led to a dramatic increase in digital payments over the past five years. This trend is evident among both consumers and merchants. A new report titled ‘How Urban...
India's fintech sector is witnessing a surge of new companies aiming to capitalize on the industry's rapid growth and gain a sizable market share. Among these, e-commerce giant Flipkart is re-entering the fintech arena with the launch of its...
India's fintech sector continues to witness significant growth in digital lending. This surge is driven by technological advancements and increased financial inclusion, making credit more accessible to a wider segment of the population. The latest report by the Fintech...
The Adani Group, founded by billionaire Gautam Adani, is now stepping into India's fast-growing consumer market. The conglomerate, known for its vast infrastructure and logistical prowess across ports, airports and electric power, is reportedly gearing up to capture a...
Despite the widespread adoption of digital payment methods in India, cash remains the king, and that's troubling Apple!
Indians' love affair with cash shows no signs of abating, even for big-ticket purchases such as iPhones and cars. When Apple...
PhonePe has over 4x of Paytm’s UPI market share! One of every two UPI transactions is taking place via PhonePe … and this could be concerning for NPCI.
The National Payments Corporation of India (NPCI) faces an acute challenge in...
The Unified Payments Interface (UPI) has solidified its position as India's go-to digital payment platform, witnessing a staggering surge in both transaction volume and value in 2023. Interestingly, the number of UPI transactions surpassed the 100 billion mark by...
As technology has advanced, so has the number of cybercriminals finding ways to loot people. The latest report by CloudSEK has unveiled a complex web of intrigue involving Chinese cybercriminals who've set their sights on India's financial ecosystem. A...
Who would've imagined sending money to your friends and family would one day become as effortless as sending a text via your favourite instant messaging app?
Over the past five years, the digital payments landscape in India has undergone...
