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The ides of March is upon us and Paytm’s future hangs in the balance. March 15 is the deadline for subsidiary Paytm Payments Bank (PPBL) to wind down…
Read more With Paytm Bank set to wind down, uncertainty clouds One97’s futureAn advisory committee, set up by Paytm owner One97 Communications after the Reserve Bank’s action on its payments bank business, is at a stage of engagement with the…
Read more Paytm advisory panel discussing terms of reference with company: DamodaranWith backing from the government and the Reserve Bank of India (RBI), the fintech companies in India can expand their global footprint said Dilip Asbe, MD and CEO…
Read more RBI, Govt support to fuel fintech firms growth: NPCI Chief Dilip AsbeThe National Payments Corporation of India (NPCI) is exploring ways to encourage payments made via RuPay credit cards linked to UPI (Unified Payments Interface), a medium that has…
Read more As RuPay on UPI faces some roadblocks, NPCI explores corrective optionsAbout 25 per cent of all new credit card issuances are happening on the RuPay network, according to Praveena Rai, COO, NPCI (National Payments Corporation of India). “Cards…
Read more 25% of new credit card issues happen on RuPay network: NPCI RaiAfter it introduced interchange of up to 1.1 per cent on UPI transactions above ₹2,000 made through prepaid instruments, cards or wallets, the National Payments Corporation of India…
Read more 99.9% of UPI transactions are bank account-to-account: NPCI
