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A ₹2600 crores incentive scheme has been approved for UPI and RuPay, but how much longer before these become financially sustainable?
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A ₹2600 crores incentive scheme has been approved for UPI and RuPay, but how much longer before these become financially sustainable?
UPI in particular saw high adoption due to speed and zero charges, but a new RBI discussion paper asks if digital payments should be...
The Reserve Bank of India (RBI) announced some relaxations to its card storage rules, which are set to get into effect on October 1,...
RBI extended the deadline for its card storage rules to September end, but the concerns of merchants is more than just the amount of...
In response to an RTI request, RBI said that is has no information pertaining to a number of important questions around its new card...
RBI extended the deadline for merchants and payment aggregators to delete customer debit and credit card data by three months.
Starting July 1, online merchants can't store credit and debit card details of customers. Here's how disruptive this is going to be.
Two new RBI regulations have resulted in this situation.
No unsolicited issuance of cards, recovery agents should not harass card holders, and card issuers should not share customer data without consent are some...
In June 2021, Rs 51,126 crore was transacted using debit cards, and yet credit card transaction amounts were higher than debit card transaction amounts....
