News Paytm receives NPCI approval to continue its UPI functions in partnership with other banks The Reserve Bank of India in January placed major restrictions on Paytm Payments Bank, including asking it to stop its UPI services. Sarvesh Mathi4 days ago
News RBI amends credit and debit card guidelines: What’s new? The Reserve of Bank India has issued fresh changes to debit and credit cards guidelines including card renewal declination and business credit card monitoring... Sarvesh MathiMarch 11, 2024
News NPCI holds meeting to discuss ways to reduce concentration risk in UPI: Report NPCI aims to shake up the UPI market, pushing for a more diverse ecosystem beyond the PhonePe and Google Pay dominance. Sarvesh MathiMarch 7, 2024
News Credit Card Issuers Must Allow Customers To Choose Card Networks: RBI RBI's directive to credit card issuers to provide multiple card network options during card issuance and renewal could be a push for RuPay. Sarvesh MathiMarch 6, 2024
News Flipkart launches UPI services in partnership with Axis Bank The UPI landscape is currently dominated by Phonepe and Google Pay, which command over 83% of the market. Sarvesh MathiMarch 5, 2024
News Paytm discontinues its agreements with Paytm Payments Bank The move can be seen as an attempt by Paytm to distance itself from the troubled Paytm Payments Bank, which has been significantly restricted... Sarvesh MathiMarch 2, 2024
News Vijay Shekhar Sharma resigns from Paytm Bank board Paytm has tried to distance itself from Paytm Payments Bank due to the regulatory scrutiny. Simone LoboFebruary 27, 2024
News RBI allows authorised fintech entities to issue prepaid wallets, cards for public transport systems Popular fintech apps like Phonepe, Mobikwik, and Amazon Pay, all hold a PPI license, but it's not immediately clear which of them will start... Sarvesh MathiFebruary 26, 2024
News RBI allows Paytm to migrate @paytm UPI users to other banks once NPCI gives approval This should come as a huge relief to Paytm as it provides customers and merchants with some assurance that UPI services will continue as... Sarvesh MathiFebruary 26, 2024
News RBI issues clarifications on restrictions placed on Paytm Payments Bank and its impact on Paytm RBI has extended the deadline for Paytm Payments Bank to follow through with some of the restrictions placed on it from February 29 to... Sarvesh MathiFebruary 17, 2024