Macquarie Capital stated in a report that the Reserve Bank of India's (RBI) directive to prohibit card networks from facilitating non-bank ...

According to banks, the value of transactions in these cards is high, but since they do not attract the same level of fees (merchant discou...

The move is aimed at ensuring that millions of Paytm Fastag users do not face any hassle while using toll roads after the cut-off date, peo...

Besides the card schemes, even banks which offer commercial credit cards have been asked to halt these payments as well. "I am told that th...

On February 14, ET wrote that fintech startups like EnKash, Paymate and others have been instructed by card network Visa to stop offering b...

This comes on the back of a recent instruction from the RBI asking these companies to halt usage of these payment instruments for business ...

Industry sources indicate that flow of money through commercial card route towards non-KYC-ed merchants is something that irked the regulat...

Zomato, in a stock exchange filing, said it will operate the online payment aggregator through its wholly-owned subsidiary Zomato Payments ...

For Razorpay and Cashfree, Christmas came a week early, as after a year of being under embargo from the RBI, which halted new merchant onbo...

What does this payment aggregator licence mean? And why is it so significant for payment companies? ET explains.

UPI payments giant Google Pay, Mumbai-based expense management platform Enkash, payment gateway company Paymentz and Bengaluru-based neo ba...

"The milestone also underscores our commitment to providing seamless, innovative, and reliable payment solutions, further solidifying our p...

The block was implemented from the midnight of March 31 following which customers have not been able to transact with these cards, these pe...

The fintech firm’s complex corporate structure was one reason why RBI asked it to reapply

Founded in 2018, EnKash claims to have assisted 1 lakh businesses to digitise and decentralise their corporate payments.

Several fintech players say their growing expertise in underwriting loans through a stack of customer data can help them evolve into primar...

Users spent around Rs 6 lakh crore using credit cards in 2018-19, up 30% from a year ago.