Digital Transformation
The Reserve Bank of India (RBI) has introduced comprehensive guidelines to enhance customer freedom and promote equitable competition within the credit card market. Effective...
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The Reserve Bank of India (RBI) has introduced comprehensive guidelines to enhance customer freedom and promote equitable competition within the credit card market. Effective...
Mastercard and Pagero have joined forces to introduce an integrated solution aimed at transforming cross-border and domestic payments for businesses worldwide. This collaboration...
Digital payments are driving fintech growth in India, supported by accessibility and population trends. “While cash and digital payments are growing, focus on acceptance...
The volume of total payments increased by 63.8% between 2021-22, up from 26.6% in 2020-21, with digital payments accounting for 99% of total payments....
RBI Governor Shaktikanta Das, in the presence of Nandan Nilekani, Advisor to NPCI and Chairman, Infosys, and Biswamohan Mahapatra, Chairman NPCI, launched three key...
In terms of transaction share, the Unified Payments Interface (UPI) is the dominant system, accounting for 68% of payment system transactions in India in...
The Payment Systems Regulator (PSR), UK, has welcomed the recently published Digital Payments Initiative report by the PSR Panel. The report, commissioned by the...
“The economic shock of the pandemic has been weathered well by the commercial banking system so far, even if some lagged impact is still...
The RBI has announced Digital Payments Index for September 2021, which stands at 304.06 as against 270.59 for March 2021 and 217.74 in September...
To give a push to digital transactions in areas with poor or weak internet or telecom connectivity, particularly in semi-urban and rural areas, the...