https://thenfapost.com News, Facts and Analysis on Startup, Technology & Business Thu, 30 Mar 2023 06:21:20 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.2 The NFA Post News, Facts and Analysis on Startup, Technology & Business clean https://thenfapost.com/2023/03/30/merchant-payment-via-wallets-on-upi-to-attract-1-1-interchange-from-april-1/ Thu, 30 Mar 2023 06:19:11 +0000 https://thenfapost.com/?p=252830 As NPCI seeks to integrate digital wallets on the UPI platform is expected to be positive for Paytm, which has a 60 per cent share in wallets Mumbai, NFAPost: Come April 1, wallet holders will be able to use their balance to pay merchants with any UPI QR code, thus paving the way for the […]]]> https://thenfapost.com/2023/02/07/rbis-soft-launch-of-digital-currency-e%e2%82%b9-r-gaining-momentum/ Tue, 07 Feb 2023 05:53:40 +0000 https://thenfapost.com/?p=237314 Central Bank Digital Currency (CBDC) e₹-R Is A Digital Token That Represents Legal Tender New Delhi, NFAPost: The Reserve Bank of India (RBI) launched the first pilot of the Digital Rupee- Retail segment (e₹-R) on December 01, 2022. This was stated by the Union Minister of State for Finance Pankaj Chaudhary in a written reply […]]]> https://thenfapost.com/2021/09/02/paytm-is-indias-largest-payment-gateway-on-total-transactions-redseer/ Thu, 02 Sep 2021 15:32:46 +0000 https://www.thenfapost.com/?p=111706 New Delhi, NFAPost: According to Redseer report, India’s leading digital payment and financial services platform Paytm has become the largest payment gateway aggregator in the country based on total transactions for the fiscal year ended March 31, 2021, with the widest ecosystem of payment instruments. Paytm had launched payment gateway service in 2012 by processing […]]]> https://thenfapost.com/2021/07/29/wallets-white-label-card-networks-can-access-rtgs-neft-systems/ Thu, 29 Jul 2021 01:46:39 +0000 https://www.thenfapost.com/?p=102732 Mumbai, NFAPost: The Reserve Bank of India (RBI) permitted payment system providers, prepaid card issuers, card networks and white label ATM operators access to its Centralised Payment Systems (CPS), such as real time gross settlement (RTGS) and National Electronic Fund Transfer (NEFT) systems in the first phase of its plan bring non-banks in the same […]]]> https://thenfapost.com/2021/06/07/zebu-introduces-z-pay-wallet-for-authorized-persons-to-credit-commission-instantly/ Mon, 07 Jun 2021 07:12:25 +0000 https://thenfapost.com/?p=87641 Chennai-based Zebu Share and Wealth Managements, a leading financial services solution provider in India, has introduced same day commission credit into Authorised Persons’ (AP) accounts. The commission that generally takes a month to reach APs, now will be credited on a daily basis in their exclusive Z-pay wallet, a release said. Since an Authorised Person’s […]]]> https://thenfapost.com/2021/04/01/paytm-achieves-over-1-4-billion-transactions-in-march-largest-enabler-of-digital-payments/ Thu, 01 Apr 2021 14:21:57 +0000 https://www.thenfapost.com/?p=67600 Leads digital payments with Wallet, UPI, Cards & net-banking services Establishes itself as the largest enabler of digital payments in the country with over 20 million merchants on its platform, aims at 50 million merchants over the next few years Maintains the highest market share in offline merchant payments with 15% M-o-M growth recording the […]]]> https://thenfapost.com/2021/02/06/korean-finance-giant-terra-selects-nine-winners-from-terra-ideathon/ Sat, 06 Feb 2021 06:36:59 +0000 https://www.thenfapost.com/?p=50647 Decentralised finance platform announces Terra Ideathon winners across Fintech, Logistics & Healthcare sectors in India Raises $25 million in funding from Galaxy Digital, Coinbase Ventures, Pantera Capital Expands product solutions with the launch of Mirror Wallet  Bengaluru, NFAPost: South Korea-headquartered decentralised finance platform, Terra announced the nine winners of the “Think with Terra Ideathon” a […]]]> https://thenfapost.com/2021/01/02/bitcoin-soon-to-touch-30000-in-early-2021/ Sat, 02 Jan 2021 15:05:30 +0000 https://www.thenfapost.com/?p=38861 Bengaluru, NFAPost: The price of bitcoin hit record highs and touched $28,500, setting it on track for its longest monthly winning streak in more than a year.  The cryptocurrency has been rising in recent months, with the run of returns over October, November and December so far being its longest stretch since the middle of 2019. The price has […]]]> https://thenfapost.com/2020/07/01/swiggy-commences-own-digital-wallet-swiggy-money-hyderabad-nfapost/ Wed, 01 Jul 2020 09:50:01 +0000 https://thenfapost.com/?p=4587 Hyderabad, NFAPost: Swiggy, India’s leading on-demand delivery platform, has launched its own digital wallet ‘Swiggy Money’ to enable a ‘single-click checkout experience’ on its platform.  The full-fledged digital wallet in partnership with ICICI Bank will enable Swiggy customers to store money and can be used for all food orders on Swiggy. ‘Swiggy Money’ is powered […]]]>