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The monthly limit for loading digital wallets has been raised to Rs 20,000 from Rs 10,000 following the demonetization of Rs 500 and Rs...
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The monthly limit for loading digital wallets has been raised to Rs 20,000 from Rs 10,000 following the demonetization of Rs 500 and Rs...
Download MediaNama’s free Digital Payments in India report. With Rs 500 and Rs 1000 notes being phased out by the government, there is still...
Fintech companies classified under “other financial services” will now be permitted 100% foreign direct investment (FDI) through the automatic route, as opposed to the...
Foreign venture capital investors (FVCI) will be allowed to invest in startups 10 sectors including IT related to hardware and software development, nanotechnology, seed research...
Wallets and other prepaid payment instruments (PPIs) cannot change their ownership or shareholding till it finishes its review of PPI guidelines, according to an...
The Reserve Bank of India (RBI) has come out with separate operational guidelines for payments bank after issuing final licensing guidelines in November 2014....
The Reserve Bank of India said that it will be reviewing guidelines for prepaid payment instruments (like mobile wallets and prepaid cash cards) in India....
The Reserve Bank of India (RBI) said that it will be setting up an Acceptance Development Fund (ADF) to boost electronic payments and expand...
For the month ending August 2016, volume and amount of transactions on prepaid cards increased by 39.3% and 2.6% respectively, according to the Reserve Bank...
The number of credit and debit cards in India is steadily rising but Indians still prefer debit cards over credit cards. In July 2016, a...
