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It is hard to make money from payments and those fintech companies that don’t realise this, are going to be putting their businesses at risk, says Suhail Sameer, CEO of BharatPe.

Nirmala Sitharaman came with some surprises in this Budget with the 30 per cent tax on digital transactions and an extension of the Emergency Credit Line Guarantee Scheme (ECLGS) for MSMEs till March 2023 with

Finance Minister Nirmala Sitharaman presented Union Budget 2022 as the pandemic-hit Indian economy continues on the path to recovery, with January 2021 GST collections being the highest ever.

One of the biggest announcements in the fourth Budget speech by Finance Minister Nirmala Sitharaman has been the proposal to introduce the Central Bank Digital

UPI is the single largest retail payment system in India by volume of transactions. Half of these were small-ticket transactions of below Rs200, says the Economic Survey.

Budget 2022 expectations: Tax incentives to consumers and merchants, clarity on cryptocurrency and ease of doing business, here's what Fintech industry wants from finance minister Nirmala Sitharaman

Physical wallets were largely replaced by online wallets and QR codes when coronavirus pandemic forced everyone to stay indoors. Due to this, industry players expect the Centre to look at reducing the merchant discount

BharatPe has ramped up the reach of its POS business by 25X to over 250 cities in the last 12 months and since the launch in the second half of 2020, the company has deployed more than 1.25 lakh BharatSwipe machines across offline shops, it added.