NPCI is developing a unified, interoperable soundbox system for UPI transactions, aiming to eliminate the need for merchants to use multipl...

In its alpha phase, this tool allows sellers to generate a unique QR code that customers can scan using ONDC-registered buyer apps like Mag...

RBI's netbanking interoperability aids fintech growth. Amit Kapoor recommends infrastructure interoperability. Rohan Lakhaiyar highlights c...

Several banks have recently enabled a new functionality for their customers who are transacting using e-Rupee or Digital Rupee, which is In...

It is the first Public Sector Bank to launch UPI ATMs, in co-ordination with the National Payments Corporation of India (NPCI) and powered ...

RBI deputy governor T Rabi Sankar said on Thursday that the number of retail CBDC transactions would rise exponentially in coming months as...

With the use of this innovative innovation, customers of the SBI CBDC will be able to quickly scan any retailer's UPI QR code for quick and...

Kotak Mahindra Bank has introduced a UPI interoperability feature on its Digital Rupee (e₹) application as part of the RBI's CBDC pilot pro...

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

Private lender HDFC Bank on Thursday said it has onboarded over 1 lakh customers and 1.7 lakh merchants under the Central Bank digital curr...

To begin with, the concept of mobile wallets is similar to physical wallets. You need to put some money in your mobile wallet through top-u...

The decision to continue with the two existing Quick Response (QR) codes was based on the recommendations of the committee to review the cu...

With a view to promote less cash economy, the government should provide incentives to popularise usage of QR (Quick Response) code transact...

Both Eastern Power Distribution Company of Andhra Pradesh and the Southern Power Distribution Corporation of Andhra Pradesh have started ac...

The QR code also makes the payment system dependent on technology more than ever before, raising the pressure on cyber security.

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

While Paytm, which has gone all-out to acquire merchants, also allows payments using a QR code, it is a closed-loop system. What it means i...