FinTechs were alerted that non-bank issuers of prepaid payment instruments (PPIs) can’t load cards and digital wallets with funds through credit lines, the Reserve Bank...
Mastercard can add new customers in India after that country’s central bank determined the company was in compliance with data-storage regulations. Get the Full Story...
The Reserve Bank of India (RBI) has said it will back efforts to internationalize India’s unified payments interface (UPI) digital payments system. Get the Full...
The Reserve Bank of India (RBI) granted permission to RuPay, the first FinTech with such authorization, to connect their cards with the unified payments interface...
Fed Exec Sees Payments ‘Revolution’ Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Payments and API banking solutions startup Cashfree Payments is partnering with National Payments Corporation of India (NPCI) to offer tokenization on RuPay cards for its merchants. Get the Full Story Complete...
On Tuesday (May 24), the European Central Bank (ECB) published a report flagging possible financial stability risks in the future if crypto assets continue to...
Paytm has said it is optimistic that India’s central bank will let it accept new customers in the next few months, Reuters wrote Sunday (May...