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e-RUPI explained — India’s new electronic voucher-based payment system to reduce leakage in welfare programmes
The Prime Minister of India, Narendra Modi will be launching 'e-RUPI', an electronic voucher-based …
India's largest bank and Hitachi are teaming up to enter the country's booming digital payments space
Both parties will now be proceed to apply for regulatory approvals. Hitachi is all …
From vegetables to kirana stores, Paytm has become the go-to payment option for many
A user took to the microblogging site to share his experience of using Paytm to pay for vegetabl…
Kenya's Digital Payments System Is Lapping Bitcoin Many Times Over
Last month, we talked about the difficulties mobile payment systems have experienced in breaking in…
Rob Wile
The Facebook executive who helmed the social media company's Novi cryptocurrency project is departing
David Marcus led the creation of Novi, the company's digital wallet, and co-created Diem, the compa…
Isabelle Lee
NEFT can be done round the clock now, says RBI
The Reserve Bank of India said the National Electronic Funds Transfer would be available round th…
How to increase Google Pay limit in India
Several third-party apps facilitate fund transfers today. Many such platforms offer online payment …
RBI asks payment systems operators to educate public on safe digital transactions
"In spite of these initiatives, incidence of frauds continue to bedevil digital users, often using…
PTI
Fed Chair Jerome Powell says central bank-backed digital currencies must coexist alongside cash and other forms of money
COVID-19 has underscored the less systematic areas of the current payment system and accelerated th…
Shalini Nagarajan
World Bank praises India's digital infrastructure for its transformative potential
"The India stack exemplifies this approach, combining digital ID, interoperable payments, a dig…
PTI
RBI proposes alternative methods for authentication of digital payments, in addition to SMS-based OTP system
The Reserve Bank of India (RBI) has released a draft framework on alternative authentication mechan…
ANI
RBI plans new framework for authentication of digital transactions
The RBI on Thursday said that it has decided to come out with a new framework for authentication of…
The Bank Of England Just Said It Thinks Bitcoin Could Be Huge
This removes two key risks of a centralized system - credit risk and liquidity risk. Credit risk ar…
Tomas Hirst,Tomas Hirst
Google defers 30% Play Store app fee for developers in India till March 2022
Facing intense criticism over its Play Store billion policy, Google on Monday said it has extended …