RBI is proposing to allow the programmability of digital rupees. "Programmability will permit users like, for instance, government agencies to ensure that payments are...
The government's denial came in response to a parliamentary question about the rising instances of financial frauds associated with the Aadhaar enabled Payment Systems.
Airtel Payments Bank has reportedly launched Aadhaar-enabled payment service (AePS) on February 27, according to PTI. Customers with Aadhaar-linked bank accounts can make transactions...
The Reserve Bank of India (RBI) has proposed setting up of a new pan-India umbrella entity (NUE) for retail payment systems, which will be responsible...
The Reserve Bank of India wants to ensure that customers are compensated in case it takes too long to address failed transactions on UPI, payments banks...