India’s digital payment ecosystem has witnessed unprecedented growth over the past six financial years, crossing 65,000 crore transactions and amounting to more than Rs. 12,000 lakh crore, according to data shared by the Ministry of Finance in Parliament. The Ministry of Finance highlighted that this massive surge reflects the impact...
On the sidelines of the 17th BRICS Summit in Rio de Janeiro, Prime Minister Narendra Modi held talks with President of Cuba, H.E. Miguel Diaz-Canel Bermudez to enhance cooperation across multiple areas, with a special focus on fintech and digital public infrastructure. The two leaders reviewed bilateral ties and discussed...
India continues to solidify its position as a global fintech powerhouse, according to the Future of Global Fintech: From Rapid Expansion to Sustainable Growth – Second Edition report released by the World Economic Forum (WEF). The study identifies India among a select group of countries that are driving the world’s...
The Department of Financial Services (DFS), Ministry of Finance, hosted the Digital Payments Awards 2025 at Vigyan Bhawan, New Delhi, to acknowledge top-performing banks and fintech companies for their contribution to strengthening India’s digital payments ecosystem. The event was presided over by Union Finance and Corporate Affairs Minister, Nirmala Sitharaman,...
In a move aimed at enhancing international travel spending experiences for Indian consumers, RuPay and JCB International have announced a limited-period cashback offer for RuPay JCB Debit and Credit cardholders. The campaign, which runs from June 15 to August 31, 2025, allows eligible cardholders to avail 25% cashback on in-store...
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