The architects of India’s digital public infrastructure (DPI), Nandan Nilekani and Pramod Varma, are now attempting their next leap: buildi...

Additionally, mobile wallets such as Paytm, PhonePe and Mobikwik can now be used for cash withdrawals up to Rs 2,000. The wallet limit has ...

Mobile wallet companies get a briefing on interoperability from major card networks in the country.

The guidelines elaborate on requirements for achieving inter-operability for mobile wallets and cards, and norms for customer protection an...

All forms of wallet interoperability will happen through Unified Payments Interface and cards through the interoperable card networks.

While RBI is yet to allow transactions between different mobile wallets, the digital payments industry is abuzz with talk on an imminent an...

Some payment banks have taken up the matter with RBI arguing that move will directly hurt their business models.

Interoperability, that allows transactions between digital wallets, is expected to bring a paradigm shift in the digital payments industry.

Pitch to RBI for permission to allow them to transfer funds to other wallets and bank accounts

India’s digital wallet industry stares at an 80-90% erosion of its user base as most ignored the February 28 deadline for submitting detail...

RBI's Master Direction is interoperability of wallets eliminates the need for the sender and recipient of a mobile payment to be using the ...

According to GlobalData, total mobile wallet transactions in India may show a growth of 113%

The RBI had announced that digital wallets that are compliant with its Know-Your-Customer norms will be interoperable by April.

Interoperability in the space of digital wallets was not allowed by the RBI. The latest buzz is that it could be opened up within a short p...

Wallets had been given licence according to very relaxed net worth criteria, which allowed a huge flux of players to get into the market.

Today, digital wallets are popular. Tomorrow, direct payment systems will score over intermediaries such as mobile wallet and plastic money...

At a time when mobile wallet companies are going on a blitzkrieg onboarding merchants to accept QR code-based payments, the biggest hindran...