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

Customers will be able to scan merchant UPI QR codes using the app and make the payment through digital currency.

The Reserve Bank of India (RBI) said in May 2021 that all prepaid cards and wallets that are full-KYC compliant must be fully interoperable...

Once the RBI’s interoperability proposal is put in place, then you can transfer money across different wallets. Say a Paytm user can transf...

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

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...

Recognition of peer-to-peer lending startups, revised guidelines for digital wallets & finalising charges for epayments can help fintech se...

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

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

The RBI said revised framework will pay the way for inter-operability into usage of PPIs, as per the vision for Payment and Settlement Syst...

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...

RBI will also decide on the interchange fees between the wallets for them to be able to access the UPI framework, sources said.

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