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The Department for Promotion of Industry and Internal Trade (DPIIT) has forwarded complaints against Amazon and Flipkart, made by traders body Confederation of All...
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The Department for Promotion of Industry and Internal Trade (DPIIT) has forwarded complaints against Amazon and Flipkart, made by traders body Confederation of All...
The Confederation of All India Traders wants the Reserve Bank of India to direct banks to stop offering cashback offers on purchases made via...
The Reserve Bank of India (RBI) has allowed payment companies to maintain more than one escrow account with a scheduled commercial bank. At present,...
The Reserve Bank of India (RBI) has appointed Kris Gopalakrishnan, co-founder and former co-Chairman of Infosys Ltd, as the first chairman of the Reserve...
Two entities — Natural Support Consultancy Services and Nucleus Software Exports — have begun testing their payments solutions under the Reserve Bank of India’s...
Tata is looking to build its own payment network, the Economic Times reported. The conglomerate is reportedly in talks with the Reserve Bank of...
Mastercard has partnered with Bengaluru-based Signzy to use the latter’s video-based KYC (know your customer) solution for its banking customers. “Signzy’s AI and ML...
In June 2020, the number of debit cards stood at 845.4 million, increasing by 10.1 million cards over May 2020. A total of 57.3...
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...
