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2 mins read
Payments Council of India approaches government over central bank’s directive on credit lines
RBI had issued the circular after commercial banks had approached it over a likely breach of r…
2 mins read
WhatsApp Pay India head Mahatme quits, likely to return to Amazon Pay
"We wish him every success for his future endeavours. Payments on WhatsApp is a priority for M…
1 min read
An Indian Court wants response from authorities on Facebook, Google and Amazon Pay's allegedly unregulated financial ops
A bench of Chief Justice D N Patel and Justice Prateek Jalan issued notice to the ministries of …
PTI
2 mins read
Whatsapp, Google, Amazon and Facebook under the scanner for data protection violations as Supreme Court calls on RBI and NPCI to investigate
The Supreme Court has issued a notice to the Reserve Bank of India (RBI) and the National Payments …
2 mins read
Here’s what card tokenization is and how to tokenize debit and credit cards
Debit and credit card tokenization rules are coming into effect from July 1, and that means any deb…
1 min read
RBI slaps ₹26 lakh penalty on Nutan Nagarik Sahakari Bank
This action of the central bank is based on a deficiency in regulatory compliance and is not intend…
ANI
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Indian policy makers are not happy that 8 out of 10 UPI transactions are being done through PhonePe and Google Pay
While there are over 50 third-party UPI apps, PhonePe and Google Pay account for over 81% of t…
1 min read
Ashneer Grover slams RBI over recent mandate
Ashneer Grover, who was sacked along with his wife Madhuri Jain Grover by fintech platform BharatPe…
2 mins read
EXPLAINED: What is DigiSaathi and how it can help you with digital payments
The Reserve Bank of India (RBI), along with the National Payments Corporation of India (NPCI), laun…
2 mins read
WhatsApp carried out only 17 million UPI transactions last fiscal, PhonePe was at 20 billion
Over 45 billion transactions were carried out through the unified payments interface (UPI) in the f…
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This is why Amazon wants your Aadhaar number
It’s not really Amazon’s fault because the biometric verification through Aadhar is simple matte…
2 mins read
India’s grand e-commerce policy is on hold but the likes of Amazon, Flipkart, and even Netflix are already paying the price for not being ‘Made in India’
And the Indian government is cognizant of the rising e-commerce sector. While its much-awaited e…
3 mins read
SIMPLY PUT: The four letters that forced the Indian markets to sober down
While the governor warned that the market should not read the above in…
9 mins read
ToneTag, backed by Amazon and Mastercard, is ready to go beyond payments using sound waves, not internet and smartphones
Bengaluru-based ToneTag is using sound waves to power contactless payments and commerce targeting p…
3 mins read
EXPLAINED: The NUE licence for payments that Tata, Ambani and Bezos have applied for
India’s central bank had floated the bid for NUE licences in August, 2020. The NUE licence wou…
2 mins read
What is UPI and how does it work?
Unified Payments Interface or UPI is an immediate real-time payment system developed by the …