Paytm CEO Vijay Shekhar Sharma said the company is close to regaining its mobile wallet business after losing it due to RBI’s shutdown of i...

Launched by RBI in 2022, CBDC aimed to reduce India's reliance on the dollar and counter cryptocurrencies. Despite lackluster adoption, fin...

Mobile wallets are regaining traction in India. Global fintechs like Revolut and Tide are seeking licenses, while domestic players are ente...

The National Payments Corporation of India (NPCI) and the mobile wallet industry are considering reducing the interchange fee for Unified P...

Overseas credit card spending has surged significantly, outpacing increases in prepaid payment instruments (PPIs) and debit cards over the ...

Happy Thursday! The integration of UPI with RuPay credit cards has pushed up new issuances but transaction growth hasn’t kept up. This and ...

The ‘regulatory overhang’ and ‘reputation harm’ can have a long-term bearing on the fintech firm’s overall business and profitability plans...

UPI transaction charges: NPCI has advised that UPI transactions made via prepaid instruments, such as wallets and cards will attract an int...

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 study, which analyses the impact of the decision of the National Payments Corporation of India (NPCI) to introduce interchange fee on p...

The National Payments Corporation of India has set the interchange fee at 1.1% for merchant transactions initiated using a Prepaid Payment ...

What could possibly have prompted this change of heart with regard to UPI merchant transactions? There could be two reasons. This may be a ...

The NPCI reportedly said that using prepaid payment instruments (PPIs) - gift cards, wallets, among others - for transactions through UPI w...

Indian consumers will be able to register their complaints on the National Consumer Helpline (NCH) with the help of a ChatGPT-powered mecha...

One97 Communications which owns a 49% stake in Paytm Payments Bank (PPBL) said in a stock exchange filing on Monday that the payments bank ...

This comes after the Reserve Bank of India (RBI) mandated all Prepaid Payment Instruments (PPI) like wallets to be interoperable with UPI a...

In December last year the regulator had said that it will release a discussion paper on various charges levied by banks and institutions fo...