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Merchant Discount Rates (MDR) of 2 percent apply to transactions involving digital payments, such as credit cards and debit cards. However, UPI payments do...
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RBI increases UPI and recurring transaction limits for certain categories
The Quantum Hub discusses concerns on age verification and children’s data processing under India’s data protection law
India’s central bank to set up cloud facility for financial sector
Navigating the Complexities of Open Source AI: Insights from Carnegie India Summit
Supreme Court Dismisses Plea by Foundation for Media Professionals on Internet Shutdowns
Merchant Discount Rates (MDR) of 2 percent apply to transactions involving digital payments, such as credit cards and debit cards. However, UPI payments do...
The new development will essentially allow users to create tokens for their card directly from their bank's website, which can in turn allow consumers...
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.
