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PPI WALLETS
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...- One MobiKwik Systems Q4 Results: Co swings to black with Rs 4 crore profit vs Rs 56 crore loss YoYOne MobiKwik Systems Q4 Results: One MobiKwik Systems achieved a net profit of Rs 4.38 crore in the fourth quarter of FY26. This marks a st...
- Paytm Payments Bank licence cancellation: Jefferies, Bernstein and Goldman decode impactPaytm shares fell 8% after RBI cancelled Paytm Payments Bank’s licence but recovered sharply as brokerages stayed bullish. Analysts see lim...
- Paytm shares crash 8% as RBI cancels Paytm Payments Bank's banking license. What lies ahead?Shares of One 97 Communications, the driving force behind Paytm, have taken a hit following the Reserve Bank of India's unexpected move to ...
- RBI action on Paytm Payments Bank incrementally negative for One 97, says Bernstein; retains ‘Outperform’, sees 30% upsideThe RBI has cancelled Paytm Payments Bank's license due to regulatory non-compliance, citing detrimental operations and prejudiced manageme...
- 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 sharpens compliance norms, expands use cases of UPI-linked wallets for foreign visitors under draft PPI normsThe Reserve Bank of India has unveiled draft guidelines for prepaid payment instruments. These new rules aim to strengthen compliance and c...
- 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...
- Bitcoin hits $76,000 before easing to $74,500 as whales accumulate, profit booking caps rallyBitcoin hovered near a one-month high after softer U.S. PPI data supported prices, though profit booking capped gains. Ethereum and major a...
- Sebi simplifies gifting of mutual funds. Here's what it means for investorsSebi has proposed a new Gift PPI framework that will allow investors to gift prepaid instruments that can be used exclusively to buy mutual...
- Sebi mulls allowing gift cards, prepaid instruments to invest in mutual fundsMarkets regulator Sebi on Tuesday proposed introducing gift cards or gift prepaid payment instruments (PPIs) for investments in mutual fund...
- 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, ...
- MobiKwik claims to be largest digital wallet player in terms of transaction valueMobiKwik, leading in digital financial services by PPI Wallet transactions for April and May, grew market share to 23%. Co-founder Upasana ...
- UPI rule change: Soon use money in PhonePe, Amazon Pay, any wallet to pay via Paytm, other UPI apps; check RBI new ruleUPI rule change for PPIs: Currently, money in your prepaid wallet (like PhonePe) can only be used for UPI transactions through the app offe...
- New UPI rules for access for prepaid instruments: Now you can transfer funds from prepaid wallets using third party appsReserve Bank of India UPI: Now individuals don't need to depend upon third party prepaid payment instrument (PPI) wallets in order to make ...
- OLA Money wallet will stop working from April 1, 2024 if you don't do this; check detailsOLA Money announced that its is entirely switching to small PPI (prepaid payment instrument) wallet services. OLA Money wallet will stop wo...
- NPCI cracks down on unregulated co-branding deals by PPIsIn a note, the NPCI has asked PPI issuers to stop such services with immediate effect and close down existing wallets by June 30
- Account-to-account transfers free on UPI: NPCINPCI recently issued guidelines that allowed prepaid payment Instruments (PPI wallets) to be part of the interoperable UPI ecosystem.
- RBI releases norms for facilitating money transfer among e-walletsThe guidelines elaborate on requirements for achieving inter-operability for mobile wallets and cards, and norms for customer protection an...
- Timeline to add Rs 20,000 to e-wallets extendedOn November 22, RBI doubled the balance that can be kept in e-wallets and cards to Rs 20,000.
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