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06 Dec 2022

Sent money to wrong UPI using PhonePe, GPay, Paytm? Here's how to get it back

India's Digital Payment ecosystem has thrived a lot in the past few years. Since demonetisation in 2016, digital payments have shot up to break all records. India recorded over 23 billion digital transactions worth over Rs 38 lakh crore in the third quarter of FY23. The UPI-related digital payment transactions number stood at over 19.65 billion in volume and Rs 32.5 lakh crore in terms of value. The recent report on Digital Payments showed that UPI transactions have almost doubled since 2021. The top three UPI apps used widely by Indians are PhonePe, Google Pay and Paytm.

11 Dec 2021

Transferred money to wrong account? Here’s how to get it back

Notify your bank as soon as you discover that you have moved money to someone else's account by mistake. Call customer service and tell them everything that happened. Make a note of the transaction's date and time.

16 Oct 2021

Transferred money to wrong account? Here’s how to recover it

However, money is frequently transferred to the incorrect number in this situation. In this scenario, you may also be eligible for a refund. Many attempts are undertaken on a continuous basis to make banking facilities more accessible.

18 Sep 2021

Bihar farmer finds Rs 52 crore in account, asks govt if he can keep some of it

The farmer comes from a village under the Katihar police station area in the Muzaffarpur district of Bihar. Police have informed local authorities Investigations are on

22 Nov 2016

Demonetisation Impact: MobiKwik logs 7,000% increase in bank transfers

Independent mobile wallet MobiKwik on Tuesday said it has registered a 7,000 percent increase in bank transfers since it allowed users to transfer money instantly to any bank account at zero percent fee.

02 Sep 2016

Hazel Keech faced racial discrimination; says she even offered to recite 'Gayatri Mantra' or 'Hanuman Chalisa'!

In an untoward incident, Indian cricketer Yuvraj Singh's fiancee Hazel Keech, who is also a Bollywood actress, faced racial discrimination in India recently. The event has left her shocked and finally she decided to open up on the same to a leading daily.

04 Apr 2016

India Post's network value rocks! Over 60 financial giants woo for partnership

15 Jun 2015

HDFC Bank unveils PayZapp online payment solution

"PayZapp, a payment solution, will revolutionise the way payments and purchases are done on the go today using mobile devices.

19 Mar 2015

Xpress Money launches new sevice to remit funds

Money transfer operator Xpress Money Thursday launched a new service to help consumers send money directly to any bank account in the country.

09 Mar 2015

UAE Exchange offers instant India bank transfers

The tie up will integrate UAE Exchange FLASHremit, an instant account credit facility, with IMPS (Immediate Payment Service).

12 Feb 2015

ICICI ties up with UAE Exchange for instant money transfer

ICICI bank has tied up with UAE Exchange to offer an instant bank transfer service to the Indians residing in the Gulf nation.

24 Aug 2014

Idea Cellular launches mobile money service

Idea Cellular has launched a mobile wallet service Idea Money which allows customers to conduct transactions like prepaid mobile recharges, DTH recharges, utility bill payments and money transfers.

mWallet India Growth

29 Jun 2014

Lack of awareness, bank deposit fee hinder mWallet India growth

Lack of awareness of mWallet services and fees imposed by banks on firms offering them continue to curtail the growth of the globally multi-billion dollar segment.

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