RBI issues guidelines on ‘on tap’ authorisation on payment systems
The Reserve Bank of India (RBI) has issued guidelines on ‘on tap’ authorisation of payment systems, including minimum networth…
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Digital payments: BSES customers can recharge prepaid meters via Paytm, PhonePe
In a further expansion of its digitising programme, Delhi power distribution company (discom) BSES has announced that it has…
Mastercard India elevates Vikas Varma to COO
In his new role, Vikas will lead initiatives related to new partnerships and development of digital payments solutions in the…
FSS implements its reconciliation solution in Airtel bank
Payments technology company Financial Software and Systems (FSS) has said it has implemented its reconciliation suite of solutions…
RBI asks state level bankers to expand digital payments ecosystem
The Reserve Bank of India has directed all state level bankers’ committees to find out one district each on a pilot basis to…
Paytm Payments Bank led digital transactions in July: MeiTY report
Paytm Payments Bank (PPB) led the rankings in number of digital transactions reported in the month of July, a report by Ministry…
Paytm expects $2-3 billion GMV from its educational services portfolio
Digital payments firm Paytm expects to achieve gross merchandise value of US$ 2-3 billion from expansion of its educational…
Two former Google executives join Paytm
Digital payments player Paytm has announced the expansion of its leadership team with two former Google executives, Praveen Sharma…
Mi Pay secures 18 mn plus users in 5 months
With transactions done worth Rs 200 crore, 90 per cent Mi Pay users in India used the payment app primarily to transfer funds to…
SBI Card to soon issue Rupay credit cards: Hardayal Prasad
SBI Card will soon launch RuPay credit cards, a development which will give a boost to the homegrown payment network in the fast…