payments

Beyond QR Codes: How biometrics will secure your UPI payments in the near future?

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Beyond QR Codes: How biometrics will secure your UPI payments in the near future?

Plastic cards are becoming passé with QR (quick response) codes that are scanned by using smartphones becoming the ‘go-to thing’ for most people who use it to make payments on the UPI (Unified Payments Interface) platform. This digital transformation happened in just about four years. But how about moving on to fingerprints and facial identity … Read more

Budget 2024: Fintech industry wants digital public infra investments, UPI fees and more

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Budget 2024: Fintech industry wants digital public infra investments, UPI fees and more

Mumbai: Financial technology companies have a long list of demands and expectations from the upcoming Union Budget, such as investments in digital public infrastructure, GST exemption for business correspondent (BC) outlets, and a fee structure for UPI payments. “We strongly urge the finance minister to prioritise pivotal solutions such as enhancing digital infrastructure, financial literacy … Read more