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2 mins read
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
3 mins read
What is e-mandate or UPI autopay and how to enable it for Jio, Hotstar and others
The Reserve Bank of India has revised the guidelines for auto-debit transactions and this will come…
4 mins read
RBI announces digital payments intelligence platform to check online frauds
In a bid to bolster the safety and security of digital payments and enhance regulatory frameworks, …
ANI
2 mins read
UPI transaction limit for education and healthcare hiked to ₹5 lakh per day
Reserve Bank of India Governor Shaktikanta Das announced on Friday an increase in the transaction l…
2 mins read
India’s central bank to establish cloud facility for financial institutions
India’s central bank, the Reserve Bank of India (RBI) is working on a dedicated cloud facility for …
4 mins read
From Netflix and Hotstar to Airtel to Jio bills, brace for surprises as RBI’s guidelines on auto-debit transactions kick in from October 1
Starting October, users will need to re-authenticate their net banking/card/unified payments in…
2 mins read
If you’re paying electricity, water, LPG bills via auto-debit, RBI’s new norms affect you
Reserve Bank of India’s (RBI) new norms for auto-debit transactions will come into effect from toda…
1 min read
Google Play introduces UPI Autopay payment to simplify recurring payments for subscription-based purchases in India
Introduced under UPI 2.0 by NPCI, UPI Autopay helps customers make recurring payments using any …
1 min read
Jio users can now use UPI to automatically recharge their numbers or make bill payments
"The combination of Jio's superior prepaid and postpaid plans and UPI Autopay will now be avai…
2 mins read
Grace periods and wallet payments — Apple and Zoom are reaching out to their customers ahead of the new rules for auto debit for online payments
While the details are still scarce on how different sectors that operate in auto-debit transacti…
3 mins read
Digital rights advocacy group IFF notices 70% drop in donors as banks unable to keep up with RBI’s recurring payments regulation
Apar Gupta, executive director of IFF, told Business Insider, “A lot of our sign-ups were throug…
2 mins read
Here’s why Apple has stopped accepting payments from debit and credit cards issued by Indian banks
In an email to users, Apple said, “Due to the RBI regulations, Apple Search Ads will soon no lon…
2 mins read
Here's how to use UPI AutoPay to recharge Jio number
Reliance Jio is bringing yet another feature for its subscribers by partnering with National Paymen…
2 mins read
From increased premium payments to getting seven midnight calls, users vent on social media against RBI’s new auto-debit rules
A user complains that he will have to re-authenticate all the recurring payments. Another…
2 mins read
RTGS fund transfer system will be available 24x7 in the next few days, says RBI
Currently, RTGS is available for customers from 7.00 am to 6.00 pm on all working days of a wee…
PTI
3 mins read
Aditya Birla Sun Life AMC IPO’s last day to subscribe, grey market indicates ₹20 premium
So far, in the first two days of subscription, the IPO has received a tepid response from all ca…
3 mins read
From WhatsApp not working on select models to quarterly GST returns — these are some important changes in India from January 1
In this post, we look at all the changes that will come in effect from January 1, 2021. In a …