DIGITAL PAYMENTS FEASIBILITY CLOSE TO SEVEN MILLION TRANSACTIONS IN A DAY
DataQuest|December 2022
The OND quarter witnesses a festive season in most parts of the world. We have seen a surge in liberal spending as the market is opening up and people are gearing up to spend on Luxury and travel.
DIGITAL PAYMENTS FEASIBILITY CLOSE TO SEVEN MILLION TRANSACTIONS IN A DAY

Even post-pandemic, digital payments continue to be the go-to payment option for shoppers. Consequently, payment platforms and gateways focus on devising ways to handle the expected surge in the volume of transactions.

In times like this, most fintech players rely on a combination of a robust technological infrastructure that can manage the pressure and meticulous planning to offer a seamless payment experience both for users and merchants alike.

In an exclusive interaction with Minu Sirsalewala Executive Editor - Special Projects, Dataquest, Narendra Babu, Chief Technology Officer, PayU shares his views on what it means for Payment gateway platforms like PayU to have the capability to handle the growth in volume and ensure performance. The Wibmo collaboration, PayU's tech growth strategy, and trends leading the payment segment.

Narendra Babu, comes to PayU with over two decades of experience in driving digital transformation strategies and building next-generation software products. Previously, he was with Walmart Labs Technology, India, where he led the supply chain businesses, building and leading large teams across India and the US. Prior to joining Walmart Labs, Narendra spent a decade at Google and Microsoft serving in multiple technology leadership roles. Find below the excerpts.

With the pandemic behind us and markets opening up there has been a visible spike in liberal spending during the festive season what it means for Payment gateway platforms like PayU?

Denne historien er fra December 2022-utgaven av DataQuest.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

Denne historien er fra December 2022-utgaven av DataQuest.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

FLERE HISTORIER FRA DATAQUESTSe alt
Rewriting Insurance with Data and Foresight: Lessons from Pramerica's CTO
DataQuest

Rewriting Insurance with Data and Foresight: Lessons from Pramerica's CTO

As insurance companies pivot from operational reliance on technology to embedding it as a core strategy, Pramerica Life Insurance leads by example. CTO Sunil Jain discusses how innovations in AI, cloud platforms, and data frameworks are not only solving current challenges but shaping the future of the industry.

time-read
7 mins  |
January 2025
Is AI on Batman's side or on Joker's side?
DataQuest

Is AI on Batman's side or on Joker's side?

Also, spoiler alert. Your body-guard is not your body double. Leave the couch. In an age where Cyber-insurers also look at security maturity before they undertake new enterprises, where security fatigue is a bitter reality, where the grey-matter of LLMs can easily be conned by benign chatter, and where AI is turning as much into a Robin as into a Harley Quinn - and with equal speed and probability - whose side is AI on? Philippa Cogswell, Managing Partner, Unit 42, Asia Pacific & Japan, Palo Alto Networks helps us unravel these complex plot lines.

time-read
7 mins  |
January 2025
Counting on Quantum - A quick peek inside India's Refrigerator
DataQuest

Counting on Quantum - A quick peek inside India's Refrigerator

The menu of tomorrow's IT courses would be completely changed by what's currently being marinated in quantum computing trays. From cryptography to heavy simulations to huge AI workloads to Cloud. Let’s open the doors of this cold, but busy, kitchen area for a minute to get a sense of what Indian ice-boxes are up to.

time-read
6 mins  |
January 2025
Digital Twins: The Blueprint Becomes the Blue-eyed Boy
DataQuest

Digital Twins: The Blueprint Becomes the Blue-eyed Boy

Ever wondered why people in offices are seen more around the photocopier or printer rather than their computers?

time-read
9 mins  |
January 2025
The Cloud Advantage: Infor's CloudFueled Growth in Asia-Pacific
DataQuest

The Cloud Advantage: Infor's CloudFueled Growth in Asia-Pacific

Senior VP Terry Smagh highlights Infor’s growth, cloud adoption, and AIdriven operations. With major investments in India, including an R&D hub and upcoming data center, Infor leads in innovation, efficiency, and sustainability.

time-read
3 mins  |
January 2025
How Onix is Making AI Accessible to All Business Teams
DataQuest

How Onix is Making AI Accessible to All Business Teams

Niraj Kumar, CTO of Onix, shares his extensive experience in IT and cloud technology to explore how the convergence of data, cloud infrastructure, and AIL is driving digital transformation. He discusses the critical role of data context, ethical practices, and security in ensuring that AI delivers its full potential across all levels of an organization.

time-read
6 mins  |
January 2025
Arka Fincap Redefining Finance Through Technology
DataQuest

Arka Fincap Redefining Finance Through Technology

Arka Fincap has embraced technology to streamline its operations and enhance customer experiences. By utilizing tools such as low-code platforms, automation, and cloud infrastructure, the company has significantly reduced processing times and operational costs. This approach has enabled efficient loan processing, seamless fintech integrations, and data-driven decision-making. Arka's journey highlights the role of technology in modernizing financial services while balancing scalability, compliance, and customer-centricity.

time-read
5 mins  |
January 2025
AWS is assuring that the AI that's being built is reliable, responsible and trustworthy
DataQuest

AWS is assuring that the AI that's being built is reliable, responsible and trustworthy

At AWS re:Invent 2024, Las Vegas Dr. Angela Shippy, Senior Physician Executive at AWS, discusses how technology is reshaping healthcare-from generative AI to predictive analytics and secure cloud solutions.

time-read
5 mins  |
January 2025
AI in Multiplexes, the 'cold open' scene is here
DataQuest

AI in Multiplexes, the 'cold open' scene is here

Would AI remove all the walls in, and around, Cinema; or would it create very personalized boxes for every viewer? Here's a peek. No Spoilers here. But some Stingers for sure.

time-read
5 mins  |
January 2025
e-Red Tape, virtual CAs and wait-and-watch hoops - a look at India's digital Selfie
DataQuest

e-Red Tape, virtual CAs and wait-and-watch hoops - a look at India's digital Selfie

Bertram D’Souza, Chief Product Innovation Officer, Protean eGov Technologies Ltd. helps us to unpack how India’s digital stacks, digital goods, fast interfaces, real-time financial lanes and tech-driven tax administration shine and where they do/can falter if we ignore some tough, but practical, questions.

time-read
6 mins  |
January 2025