Fintechs doubtful about PPI-KYC wallet interoperability The RBI’s mandate to enable interoperability between full-KYC wallets and prepaid payment instruments (PPIs) has led to uncertainty...
The State Bank of India wishes to “eliminate” the ubiquitous debit card from India’s banking system, the bank’s chairman Rajnish Kumar said on August...
Hitachi Payment Services Pvt Ltd (HPSPL) is investing Rs 1,250-1,500 crore in SBI Payment Services (SPS) for a 26% stake through subscription to new...
The Unique Identification Authority of India (UIDAI) has issued a circular (see bottom of the post) asking banks to not discontinue Aadhaar Enabled Payment...