News How fintech startup Slice is working around RBI’s new norms on credit lines Fintech start-up Slice will now offer its customers real-time term loans on each transaction rather than a revolving credit line Sarvesh MathiJuly 20, 2022
News Vision 2025: What is RBI planning for the next three years? Global expansion of UPI, RTGS, and NEFT, higher debit over credit card usage among 3 year goals in 'Vision 2025' report by Reserve Bank... Sashwata SahaJuly 15, 2022
News RBI set to release more guidelines for BNPL companies using pre-paid instruments India's central bank RBI to bring the buy-now-pay-later BNPL segment under regulations through new guidelines after curbs in June Sashwata SahaJuly 12, 2022
News Why RBI’s deadline extension for card storage rules does not really address industry concerns RBI extended the deadline for its card storage rules to September end, but the concerns of merchants is more than just the amount of... Sarvesh MathiJune 29, 2022
News RBI has zero info on payment ecosystem readiness for new card storage rules, RTI reveals In response to an RTI request, RBI said that is has no information pertaining to a number of important questions around its new card... Sarvesh MathiJune 28, 2022
News RBI extends deadline for card storage rules to September 30 RBI extended the deadline for merchants and payment aggregators to delete customer debit and credit card data by three months. Sarvesh MathiJune 27, 2022
News RBI bars prepaid wallets and cards from offering credit lines to customers Non-banks issuing prepaid payment instruments (PPIs) like wallets and prepaid cards cannot offer customers a credit line, RBI said. Sarvesh MathiJune 21, 2022
News Parliamentary panel suggests government should relook zero MDR policy for UPI The Parliamentary Standing Committee on Commerce has asked the Indian government to rethink its zero MDR policy for UPI and RuPay. Sarvesh MathiJune 20, 2022
News RBI lifts restriction on Mastercard, allows banks to issue new cards on the network RBI allows Mastercard to on-board new customers, after the network showed compliance with data localisation norms. Sarvesh MathiJune 17, 2022
News Deep Dive: Why online debit and credit card transactions will start failing from July 1 Starting July 1, online merchants can't store credit and debit card details of customers. Here's how disruptive this is going to be. Sarvesh MathiJune 13, 2022