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Smaller UPI apps to demand fresh curbs on market leaders at NPCI meet: SourcesSmaller third-party UPI players are set to propose new curbs on market leaders like PhonePe, Google Pay, and Paytm to the NPCI. They aim to...- Inside AI-led digital storefronts; Lalit Keshre’s big ET Awards winHappy Monday! Digital platforms and brands are building their own AI storefronts. This and more in today’s ETtech Morning Dispatch.
- Shopify resolves login issues that impacted thousands of users on Cyber MondayThe outages peaked around 11 a.m. ET with around 4,000 outages reported. About 128 users reported problems at 2:40 p.m. ET, according to th...
- Is Shopify down? Why the e-commerce platform crashed on one of the US’ biggest sale daysIs Shopify down? Shopify experienced a significant outage on Cyber Monday, preventing thousands of merchants from accessing their stores an...
- Venmo and PayPal down in US? Thousands of users report payment failures and login issuesPayPal and Venmo users in the US experienced widespread service disruptions on Friday morning. Reports of outages surged on DownDetector, w...
- Payment platform Mobikwik gets Sebi nod for Rs 700 crore IPOGurugram-based One Mobikwik Systems has received approval from Sebi to launch its IPO, aiming to raise Rs 700 crore. The company plans to u...
- Twid and GoKwik partner to boost growth for D2C brandsTwid and GoKwik partner to expand loyalty and reward programmes usage across GoKwik network of D2C brands, offering discounts and loyalty p...
- Visa launches CVV-free payments for tokenised credit, debit cardsCard payments giant said this will remove the hassle of constantly adding card details at merchant websites.
- Visa launches CVV-free payments for tokenised credit, debit cardsThe merchants who adopt this will not have to ask customers for their CVV every time they do a domestic transaction. They will be verifying...
- Tokenisation: Is there a limit on number of cards that can be tokenised?RBI has directed the payment aggregators, wallets and online merchants (entities in card transaction/payment chain other than card issuers/...
- RBI sticks to October 1 deadline for card tokenisation“On a review of the issues involved and after detailed discussions with all stakeholders, as also keeping in view that sufficient time has ...
- RBI extends card tokenisation deadline by three monthsInstead, RBI has asked for tokenisation as a safer and more convenient alternative to card storage. Through tokenisation, one’s sensitive c...
- Extend deadline for card storage, tokenisation till June ’23, says former RBI panel member Aruna SharmaThink tank The Dialogue, too, in a report said it is necessary to extend the deadline at least till December 31, 2022, as a majority of sta...
- RBI takes stock of preparedness for card tokenisationThe central bank, which took industry feedback on the readiness of banks and card network operators to meet the new deadline, is now expect...
- Paytm launches card-on-file tokenisation with Myntra, Oyo, Dominos for online transactionsThe card-on-file tokenisation facility will be available for all Paytm consumers and merchants, stated the press release. It is aligned wit...
- GoKwik raises $15 million Series A from Sequoia, MatrixGoKwik plans to use the funds to expand its client base to social commerce startups, scale up the product and technology teams and launch n...
- Only card networks and issuing banks may get to tokenise dataUnder the new norms, every online merchant processing transactions for customers will only have access to a 'tokenised' key linked with the...
- View: RBI's new rules on credit or debit card details may lead to tokenisationThough RBI’s Master Direction on Digital Payment Security Control (bit.ly/3uqrjHj) reads like a hodgepodge pastiche of the Payment Card Ind...
- Simpl records 35% upsurge in daily essentials transactions through online ordersThe report also mentioned that 30-40% of the online users ordered groceries and home essentials between 10 am - 1 pm and from 6 pm to 9 pm ...
- How Citrus is solving your digital payment angstCitrus has moved away from business as usual in the digital payments space with its innovative solutions in the payment gateway business.
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