Post a leap-frogging run, the value of digital transactions flat-lined in May: RBI

As the ill-effects of demonetization fade away, the country is getting back…

Reserve Bank of India grants a wallet license to Amazon India

Reserve Bank of India (RBI) has issued a wallet license, also known…

RBI’s schedule for mobile wallet interoperability delayed due to a crowded PPI market

Earlier this week, RBI announced plans of opening up the Unified Payment…

RBI to open up UPI framework for digital payment companies, allowing inter-wallet transactions

As a part of Government’s digitization campaign, Reserve Bank of India (RBI) is…

Post Idea Cellular merger, Vodafone India may have to surrender its payments bank licence

The confirmation of merger talks between two mammoth telecom carriers — Vodafone…

Paytm’s payments bank secures $32.5 Mn in fresh capital infusion to accelerate its launch efforts

Paytm is soon to initiate its Payments Bank platform and the company…

Volume of digital transactions climbed to 84 percent in 2015-16, says RBI

According to the Financial Stability Report 2015-16 from RBI, digital transactions are…

CCAvenue rolls out UPI based payments for merchants and consumers

After Razorpay started accepting UPI payments, now CCAvenue has also announced the integration…

RBI instructs banks to develop a cyber security policy immediately

As the online attacks on the information system of financial institutes are…

PayTM Appoints Two Citi Executives For Its Upcoming Payments Bank

Continuing with an obvious hiring spree of Senior level execs for its…

Sidbi Raising ₹10,000 Cr For ‘Stand Up India Fund’ From RBI

In an attempt to help out Dalit and women entrepreneurs, the Small Industries…

Snapdeal’s Gets In-Principle Approval For Wallet License : Report

Jasper infotech, the parent company behind one of India’s largest e-commerce platforms –…

PayTM To Soon Offer Loan Repayment Service

Alibaba-backed PayTM, which just got a payment banking license approved by RBI, is…

PayTM To Spin Off Its Payments Business Under A New Subsidiary, Says Vijay Shekhar Sharma

Alibaba-backed One97 Communications Ltd., the parent company behind PayTM — recently received a payment…