RBI's new draft guidelines have digital wallets feeling the pinchFounders and senior industry executives told ET that the new draft guidelines released by the RBI on April 22, if implemented in the curren...
Why India cannot build a world-class fintech champ yetIndia boasts world-class digital finance but lacks global consumer fintechs. Regulatory hurdles prevent innovation, unlike in markets with ...
Can NRIs use Indian mobile numbers abroad for banking? OTP delays, SIM deactivation and account access issues, know what to doNRIs managing finances abroad often face OTP issues with their Indian mobile numbers. While banks are increasingly supporting international...
India must leverage its digital verification architecture to evolve into a trust-based economyIndia faces a low-trust economy with high friction, exemplified by complex KYC norms. Finance Minister Nirmala Sitharaman highlighted this ...
Mother's Day Special: How AI, apps are empowering women to manage finances, improve health, build careerWomen are learning to keep pace with the ubiquitous apps and AI, shrugging off dependence on their kids for financial transactions, online ...
Rewiring payments for the AI era: Inside PayU’s transformation playPayU is ramping up its AI-led payments push, building infrastructure for agentic commerce as UPI volumes surge and digital transactions sca...
RBI overhauls prepaid cards & wallets rules: Rs 2 lakh monthly debit limit, usage, restrictions, new safeguard and moreThe RBI has revised Prepaid Payment Instrument (PPI) rules, introducing new monthly debit limits for full-KYC PPIs at Rs 2,00,000, with a R...
RBI proposes measures to strengthen Prepaid Payment Instruments frameworkThe Reserve Bank of India is introducing new rules for Prepaid Payment Instruments. These changes aim to boost the long-term growth of thes...
Digital gold offers on Akshaya Tritiya 2026: Check offers on Paytm, PhonePe, JioFinance; how to buy gold from homeAkshaya Tritiya 202: Akshaya Tritiya on April 19, 2026, sees a surge in digital gold purchases. Platforms like PhonePe, JioFinance, and Pay...
Beyond KYC: Why digital trust needs real-time intelligenceAshok Hariharan of IDfy argues that digital trust must evolve beyond one-time KYC to continuous, intelligence-led risk assessment across th...
Digital onboarding to ease KYC for foreigners using UPI for paymentsThe National Payments Corporation of India (NPCI) is in the final leg of simplifying the KYC process for its UPI One World service, which i...
UPI rule change: Use any UPI app to pay from your wallet as RBI allows interoperability for full-KYC PPIRBI new rules for UPI payment : Now wallet holders will no longer have to depend upon the PPI wallet issuer in order to make UPI payments, ...
RBI allows UPI access for prepaid payment instruments via third-party applicationsThe Reserve Bank of India has permitted the use of UPI for prepaid payment instruments via third-party applications. This move allows full-...
UPI Lite: A simple, but not secure, solutionBalance recovery Since UPI Lite has an on-device balance, the user will lose her wallet balance if she changes the mobile platform (Android...
Small shopkeepers struggle after RuPay-UPI integration due to KYC normsSmall shopkeepers accepting credit card payments through OR code are facing difficulties in completing KYC requirements due to the integrat...
RBI’s UPI-credit card linking plan is not adding up for banks, fintechAt present, about 50 million people avail instant loans across banks, non-banking finance companies (NBFCs) and digital lending fintechs th...
India's digital payments market will triple to $10 trillion by 2026: PhonePe-BCG studyAccording to the PhonePe-BCG study, UPI has supercharged India’s transition to non-cash payments, especially in person-to-person (P2P) fund...