Money Control

Shifting Trends Signal Renewed Digital Payment Market Growth

Shifting Trends Signal Renewed Digital Payment Market Growth

As consumer trends begin to change, many businesses are forced to adapt accordingly. One of the biggest demands in the consumer industry is more efficient payment systems. With the emergence of online platforms, digital payment solutions have rapidly evolved throughout recent years.

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India Far Away From Being Less-cash Economy, Must Address Digital Payments Security Issues: Nandan Nilekani

India Far Away From Being Less-cash Economy, Must Address Digital Payments Security Issues: Nandan Nilekani

India is still very far away from being a less-cash economy and security issues around digital payments system needed to be addressed to make the mode more acceptable, Nandan Nilekani said Wednesday.

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ICICI Bank, Australia’s Westpac Join Hands to Facilitate Online Fee Payment for Students

ICICI Bank, Australia’s Westpac Join Hands to Facilitate Online Fee Payment for Students

ICICI Bank has tied-up with Australia’s Westpac Banking Corporation (Westpac) to facilitate online fee payments by Indian students. The online payment of the fees will be routed through outward remittance platform Money2World (M2W).

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Mastercard Wins Patent to Speed Up Cryptocurrency Transactions

Mastercard Wins Patent to Speed Up Cryptocurrency Transactions

Mastercard has secured the patent for managing “fractional reserves of blockchain currency.” This could lead to the formulation of faster transaction process for payments through digital currencies possibly through a credit card.

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