Skydo has received in-principle approval to operate as a Payment Service Provider (PSP) at Gujarat International Finance Tec-City (GIFT City) International Financial Services Centre (IFSC), […]
Tag: DigitalPayments
NPCI introduces new MCC for UPI gift cards
National Payments Corporation of India (NPCI) has introduced a new merchant category code (MCC) framework for UPI gift cards while capping individual transactions at Rs. […]
Xflow launches compliant stablecoin payment acceptance for Indian businesses
Xflow has announced the launch of a pilot programme that enables Indian businesses to accept payments in stablecoins such as USDC and USDT from global […]
Paytm introduces Pocket Money feature for teenagers
Paytm has announced the launch of its new feature ‘Paytm Pocket Money’, designed to enable teenagers to independently make Paytm UPI payments without requiring their […]
Netbank raises Series B funding led by Altara Ventures
Netbank has closed a Series B funding round led by Altara Ventures, with participation from existing investors including BeeNext, Kaya Founders, January Capital, Oak Drive […]
RBI introduces new e-mandate rules with Rs 15,000 OTP-free limit
The Reserve Bank of India has introduced a consolidated Digital Payments e-mandate framework, bringing uniform rules for recurring transactions across payment systems and replacing earlier […]
CheQ and AU Small Finance Bank launch LED-enabled co-branded credit card
CheQ has partnered with AU Small Finance Bank to introduce an LED-enabled co-branded credit card, adding a new feature to India’s digital payments landscape. The […]
Pay Point India joins RBI centralised payment system
Pay Point India Network has joined the Centralised Payment System (CPS) operated by the Reserve Bank of India, marking a shift in access to core […]
CIBIL Score goes live on BHIM App
TransUnion CIBIL has partnered with NPCI BHIM Services Limited (NBSL) to integrate the consumer CIBIL Score and Credit Information Report (CIR) into the BHIM Payments […]
Karnataka Bank partners with Pine Labs for PoS services
Karnataka Bank has entered into a strategic partnership with Pine Labs Ltd., a provider of Point-of-Sale (PoS) solutions, to strengthen its digital payment offerings for […]