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MANDAR AGASHE
New UPI feature launched: Deposit cash at ATMs using UPI, no debit card needed; how to use UPI Interoperable Cash DepositThe Reserve Bank of India (RBI) Deputy Governor launched UPI Interoperable Cash Deposit (UPI-ICD) at the Global Fintech Fest (GFF) 2024 . T...
Over 11 billion UPI transactions recorded in Oct, purchases cross Rs 17 lakh crIn October, the National Payments Corporation of India reported a record-breaking 11.41 billion UPI transactions, totaling Rs 17.16 lakh cr...
Now, pay up to Rs 500 via UPI Lite without PIN; transaction limit raised from Rs 200: RBIUPI Lite: The Reserve Bank of India has increased the transaction limit of UPI Lite to Rs 500 from Rs 200 on August 10, 2023. UPI Lite is a...
UPI for NRIs with international mobile numbers: Who can use, how to use, how it will benefit, explainedUntil recently, an NRI would require a valid Indian mobile number to set up a UPI ID for any application. But, now NPCI has allowed NRIs li...
How budget 2023 can help fintech market reach $200-billion in revenue by 2030Experts say the government should promote digital payments over feature phones and rope in SHGs to improve the confidence of people in UPI....
Soon, these NRIs can use UPI with their international mobile numbersThe National Payments Corporation of India (NPCI) has allowed UPI platforms to onboard non-resident accountholders (NRE/NRO accounts) from ...
RBI adds more features to UPI, allows multi debits and single block facilitiesThe Reserve Bank of India (RBI) has said UPI customers can create a payment mandate against a merchant by blocking funds in a bank account ...
Consumption makes a recovery, rising credit card and UPI payments indicateAs per the RBI's monthly data, Unified Payments Interface (UPI) transaction increased from Rs 9.83 lakh crore in April this year to Rs 10.7...
Facebook CEO Mark Zuckerberg says he is 'excited' that WhatsApp has received nod for India launchWhatsApp’s payments service has been in beta mode for over two years and the approval came after months of regulatory hurdles and legal bat...
Sarvatra Tech logs over 3-fold jump in Aadhar-enabled transactions in rural India amid lockdownSarvatra said as the government has announced the Rs 1.7 lakh crore financial support to the needy due to coronavirus pandemic, its AePS (A...
Mandar Agashe says he’ll consider making 50 per cent of his team work remotely post-lockdownThe founder and MD of Sarvatra Technologies has set up an office-like environment in his garden.
Digital payments index to assess industry potentialThe banking regulator will make the index available in the public domain from July 2020.
RBI removes NEFT, RTGS payment charges to push digital transactionsRBI has removed charges for NEFT, RTGS payments. It has asked banks to pass on benefits to customers.
RBI's vision document on payment systems to spur digital economy: Fintech firmsCOO of Payworld Praveen Dhabhai said the vision document has a focus on empowering payment system providers and at the same time providing ...
Fintech sees a blueprint in RBI’s 3 year payments visionPrivate entities and wider push for e-mandates will open new business avenues.
ATMs not giving cash a common worryAbout 16,000 complaints, or 10% of all customer grievances at the banking ombudsman offices in FY18, were registered under the head ‘accoun...
Regulatory sandbox should cover big companies, too: Fintech firmsRS is a controlled environment for commercial testing of new technology with limited regulations and customer exposure.
Sarvatra Tech wants $20 million for micro ATMsSarvatra plans to offer such ATMs at district and taluka levels.
- Oracle forms alliance with EBZ Online
Enterprise software company Oracle India on Thursday announced an alliance with EBZ Online to offer back office solutions to co-operative b...
- Celunite gets PE funding from Garnett & Helfrich
Celunite, the US-headquartered provider of open mobile platforms software and services, which had acquired the services business of Codito ...