The digital payments segment has grown rapidly in the last few years. Central Bank Digital Currency (CBDC) eRupee is being trialled in India. For this, Reserve Bank of India (RBI) has added many banks. However, RBI says that it will not be in any hurry regarding this. The trial of e-Rupee was started about two…
American devices and technology company Apple had misused its strong position in the market of apps on its iOS operating system. An investigation by the Competition Commission of India (CCI) has found that the company was adopting unfair business practices in the apps market. This information has been given in a confidential report of CCI….
The scope of Unified Payments Interface (UPI) has increased rapidly in the last few years in the country. It is also being expanded abroad. National Payments Corporation of India (NPCI) has launched UPI One World wallet service for Non-Resident Indians (NRIs) and international travelers visiting the country. This will provide the facility to those travelers…
WhatsApp has finally launched the Payments feature in India. WhatsApp Pay is being rolled out gradually, so if you have not seen this feature on your WhatsApp yet, then there is no need to worry, this feature will soon be available for you to use. The WhatsApp Payments feature has been designed in partnership with…
In today’s time, users not only enjoy messaging on WhatsApp instant messaging platform, but also get many important features on this platform. Like voice calling, video calling, group video calling, along with shopping, you also get the facility to make ‘payment’ on this platform. The company has started this Payments feature on its platform in…
The digital payments segment has grown rapidly in the last few years. Central Bank Digital Currency (CBDC) eRupee is being trialled in India. For this, Reserve Bank of India (RBI) has added many banks. However, RBI says that it will not be in any hurry regarding this. The trial of e-Rupee was started about two…
Payment services firm Paytm has said that it has received permission to enroll new Unified Payment Interface (UPI) users. National Payments Corporation of India (NPCI) has given green signal to Paytm for this. A few months ago, the banking unit of Paytm was banned by the Reserve Bank of India (RBI). The reason for this…
The banks of the country have given some employee benefits in December through digital rupees. This has made it easier for the Reserve Bank of India (RBI) to meet its target of 10 lakh transactions per day by the end of last year. Central Bank Digital Currency (CBDC) or e-Rupee has been created through distributed…
The number of fintech companies has increased rapidly in the last few years. Recently, the Reserve Bank of India (RBI) had banned the functioning of Paytm Payments Bank. This has shocked the investors associated with this sector. However, RBI says that it does not plan to make strict rules for this sector. Bloomberg’s report quoted…
The Financial Intelligence Unit (FIU) has imposed a penalty of more than Rs 5 crore on the banking unit of payment services company Paytm, which is facing difficulties. The reason for this is the violations in reporting illegal amounts sent through Paytm Payments Bank accounts. The FIU under the Finance Ministry has registered a case…
