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The Supreme Court on Thursday issued notice in a petition seeking the Reserve Bank of India to frame necessary regulations to make sure that...
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The Supreme Court on Thursday issued notice in a petition seeking the Reserve Bank of India to frame necessary regulations to make sure that...
Razorpay has raised US$100 million in Series D funding from existing investors and Singaporean sovereign fund GIC. The company announced the investment in a...
Unified Payment Interface (UPI) payment volumes increased by 11.2% to 1.8 billion in September 2020 over the previous month, per data published by the...
India’s nationwide lockdown due to the COVID-19 pandemic led to a spike in digital banking. By June, multiple banks had switched to video KYC...
Communist Party of India MP Binoy Viswam on Thursday petitioned the Supreme Court, seeking the Reserve Bank of India to frame necessary regulations to...
FASTags are already mandatory for vehicles bought after December 2017. The Road Transport Ministry on Thursday said it is now considering mandating it for...
FASTags are now mandatory to avail discounts on return journeys or any other exemptions at toll fee plazas, for both private and commercial vehicles,...
For the month ending June 30, 2020, the number of transactions using Prepaid Payment Instruments — which includes both Mobile Wallets and PPI Cards...
The number of point of sale (PoS) machines increased to 5.04 million in June 2020, up 24% from 4.07 million in June 2019, according...
The Reserve Bank of India issued a draft framework to set up self-regulatory organisations (SROs), which will be responsible for setting and enforcing rules...