Tag: Online Payment

Unified Payment Interface or UPI for short, has simplified digital money transfers. With modern technology, focus has now shifted to digital payments. Since the pandemic and now, there has been substantial growth in digital transactions. Digital wallets, NEFT/RTGS, UPI, PayTM, Google Pay, the BHIM app, and other technologies have made money transfers easier than ever before. These are among the simplest methods of sending and receiving money.

The Finance Minister said that BHIM UPI has been one of the brightest spots and an achievement for digital transactions in India during the Covid-19 pandemic with more than 100 million UPI QRs being created in the last five years, while in 2020-21 alone, it processed 22 billion transactions worth Rs 41 lakh crore.

New Delhi: Samsung India on Thursday announced to add a bill payments feature to its mobile payments service Samsung Pay. “Consumers will be able to pay their utility bills seamlessly through Samsung Pay, set reminders and search favourite biller based on their current location,” Sanjay Razdan, Director, Samsung India, said in a statement. Users can […]

San Francisco: Global online payments system PayPal is investing $500 million in Uber ahead of the highly anticipated Initial Public Offering (IPO), the media cited the ride-sharing major updated S1 filing. “I don’t think you spend that kind of money unless it’s part of a global strategy to enable these new super-platforms,” Ryan Gilbert, Partner […]

Bhubaneswar: The Central Electricity Supply Utility (CESU) in Odisha has announced to close down all its collection counters in districts of Khurda, Kendrapara, Angul & Puri Municipality areas from Mar 23 to 29 as a preventive measure against the COVID-19 outbreak. It has urged all its consumers to use the online payment facility instead of […]