Does Google Pay need the RBI’s approval to operate in India?
The Delhi High Court on Wednesday asked the Reserve Bank of India how Google Pay was…
Digital Payments
RBI plans uniform complaints and compensation system for all digital payments
The Reserve Bank of India (RBI) announced yesterday that it is planning to standardi…
SEBI extends Phase I of implementing UPI for investing in IPOs to June 30
Market regulator SEBI on Wednesday extended the timeline for implementing Phase I of…
25% of India’s toll is now collected electronically, says NPCI
The National Electronic Toll Collection (NETC), run by the National Payments Corpora…
Kotak Mahindra Bank to charge for UPI transactions from May; MediaNama’s take and a prediction
By Zaheer Merchant and Nikhil Pahwa Kotak Mahindra Bank will begin charging custo…
Banks ask RBI to allow recurring payments in UPI 2.0: Report
Indian lenders have asked the Reserve Bank of India (RBI) to allow customers with UP…
Pine Labs acquires Amazon-backed Qwikcilver for $110 million
Pine Labs, a merchant platform based in Singapore, announced on Tuesday that it has …
Instagram marks e-commerce debut with new ‘checkout’ button for US users
Instagram on Tuesday debuted a new ‘checkout’ button that will let users buy product…
LoanTap raises $6.25M from Shunwei Capital & other investors
Online lending startup LoanTap has closed its third round of equity funding of $6.25…
Is BHIM-UPI discriminatory? A response to MobiKwik’s Bipin Singh | Guest Column
This is a response to the Mobikwik co-founder Bipin Singh’s opinion piece titled “Is…
Fintech startup BigWin gets P2P license from RBI, to launch Paisadukan.com
Fintech startup BigWin Infotech has received a license from Reserve Bank of India (R…
CreditVidya secures $5M funding from Matrix Partners India
CreditVidya, a Mumbai-based financial technology startup, has raised $5 million in a…