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RBI 123 PAY big-plus
Business

RBI launches UPI enabled 123 PAY digital payment service for feature phone users

Mar 08, 2022

On Tuesday, RBI Governor Shaktikanta Das launched a new service, 123 PAY for 40 crore feature phones users, to enable them to undertake digital payments in a secure way. ‘123PAY’ is the UPI (unified payments interface) service, a three-step approach for customers to initiate and execute services that will function on simple phones without an […]

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paytm payout big-plus
Business

Paytm Payout processed over Rs 1500 crore salaries for SME’s amid lockdown

Jun 29, 2020

Paytm announced that its digital money transfer service Paytm payouts has processed over Rs 1500 crore in salaries and other benefits amid lockdown. During the lockdown, over 5000 companies have used Paytm payouts to pay salaries & food allowances to employees, incentives & rewards to housekeeping, laborers & other contractual staff; and even for expenses […]

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