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May 19, 2023
On the web
Tide and Transcorp Launch India's-First Recycled PVC RuPay Card
The Week
On the wires
India to Withdraw 2,000-Rupee Notes From Circulation
Reuters
May 15, 2023
On the web
RuPay Introduces CVV-Less Card Payments: How it Works
NewsBytes
May 12, 2023
On the web
India Antitrust Body Wants Inquiry Into Google In-App Payments Fees
Reuters
May 4, 2023
On the web
BharatPe Launches PAYBACK India in a New Avatar: Rebrands it as ‘Zillion’
CXOToday.com
May 1, 2023
On the web
UPI Transactions Decline in Volume & Value Terms in April
The Hindu Businessline
April 27, 2023
On the web
Proposed Change to Aadhaar Authentication Rule Raises Data Privacy Issues
Biometric Update
On the wires
PPRO Signs Strategic Partnership With NPCI International, Unlocking Simplified Access to India’s UPI Payment System for Cross-Border Transactions
Business Wire
April 7, 2023
On the web
India’s Largest Retailer Accepts Digital Rupee CBDC
Medium
April 6, 2023
On the wires
Indian Cenbank Proposes Expanding UPI Digital Payments System to Allow Credit
Reuters
March 30, 2023
On the web
Will UPI Payments Now Attract Charges? Decoding NPCI’s Interchange Fee on UPI Transactions Via Prepaid Payment Instruments
Business Insider
March 29, 2023
On the web
New Fees on UPI Payments: Why Paytm, GPay, PhonePe and Other Users Need Not Worry
The Times of India
March 27, 2023
On the web
India's Paytm Wins Regulator Extension for Payment Aggregator Licence Application
Reuters
March 24, 2023
On the web
Crunchfish Partners with IDFC FIRST Bank to Demostrate Offline Retail Payments in RBI's Pilot
Marketscreener
March 17, 2023
On the web
77% of Indian Businesses Expect to Increase Their Travel Budget in 2023 Compared to 2022: American Express Survey Report
American Express
March 16, 2023
On the web
India and UAE to Collaborate on Developing Digital Currencies
Coindesk
March 15, 2023
On the web
Aadhaar, AEPS, Fraud, UIDAI India’s ID Authority Cites New ‘Security Mechanism’ When Asked About Aadhaar-Based Payment Frauds
MediaNama
On the wires
India Using SWIFT Global Payment System to Settle Russia Dollar Trade
Reuters
March 10, 2023
On the web
Bill Gates Visits MOSIP, Gets the T-shirt, Discusses Financial Inclusion Via the Platform
Biometric Update
February 2, 2023
On the web
Why Concentration Risk isn’t Good in the UPI Ecosystem
The Hindu Businessline
January 30, 2023
On the web
Worldline Launches Buland Bharat Digital Payments Suite for a Stronger and Inclusive India
Worldline
January 27, 2023
On the wires
PhonePe Raises $350 mln, Becomes India's Most Valuable Payments Firm
Reuters
Walmart-backed PhonePe said on Thursday it raised $350 million from private equity firm General Atlantic at a $12 billion valuation, making it India's most valuable payments firm and giving it funds to expand into the lucrative lending space. A second tranche of investments from marquee global and Indian investors is expected to close next month, a PhonePe spokesperson said, declining to give further details.
January 19, 2023
On the web
India May Give Visa and Mastercard Access to Its Payments Market
CTM File
January 18, 2023
On the web
Visa and Mastercard’s UPI Ambitions Could Shake Up India’s Payments Market
Insider Intelligence
January 11, 2023
On the web
Indians Living in Ten Countries Can Now Make Payments Through UPI
Quartz
January 10, 2023
On the web
Hitachi Payment Services Receives RBI’s In-Principle Approval for Payment Aggregator Licence
Hitachi-Payments
December 27, 2022
On the web
ToneTag’s POD 2.0 All Set To Disrupt The Digital Payments Space In India
CXOToday.com
“ToneTag, India’s largest voice-based commerce and payments solution provider aims to deploy its ground-breaking technology to resolve digital payment issues faced by micro and small businesses across the country. Through strategic partnerships with major global fintech players, the company is taking steps towards achieving this goal and has already reached and deployed this solution in over 100,000 small businesses and stores across India working with partners like Google, Amazon, ICICI Bank, NSDL and few others.”
December 26, 2022
On the wires
Cashfree Payments Now Offers India’s Widest ‘Buy Now Pay Later’ Suite
PR Newswire
“Leading payments and API banking solutions company, Cashfree Payments is now offering India’s widest ‘Buy Now Pay Later’ (BNPL) suite. Cashfree Payments’ BNPL suite will enable online businesses to provide customers with over 30 flexible financing options during checkout. The company has launched its BNPL suite in time for the upcoming holiday season to help online businesses offer their customers easy and instant access to credit, thereby increasing sales.”
December 22, 2022
On the web
‘Cryptocurrency has Huge Inherent Risks for Our Macroeconomic, Financial Stability’, Says Shaktikanta Das
The New Indian Express
“Expressing concerns about cryptocurrencies, Reserve Bank of India (RBI) Governor Shaktikanta Das on Wednesday said these virtual assets could cause the next financial crisis and should be prohibited. “Our view is it should be prohibited because if it is allowed to grow… the next financial crisis will come from private cryptocurrencies,” said the Governor speaking at an event held in Mumbai. Highlighting the volatility and uncertainty in cryptocurrencies, he said the value of virtual currencies has come down to $140 billion and $40 billion was wiped out.”
December 20, 2022
On the web
RBI Asks Cashfree, Razorpay and Stripe To Pause Merchant On-Boarding: Report
Moneylife News & Views
“The Reserve Bank of India (RBI) has ordered Cashfree, Razorpay and Stripe to pause merchant on-boarding until the central bank issues them the payment aggregator (PA) licence it has tentatively approved for them, says a report from Entrackr. Last month, RBI asked Paytm Payments Services (Paytm) Ltd to re-submit the application to operate as a PA and not to on-board new online merchants until approvals remain pending.”
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