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: IndiaFintech
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. […]
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 […]
Assam Govt partners with BillMart and FynX Capital to launch salary-linked credit for employees
The government of Assam has signed a Memorandum of Understanding (MoU) with BillMart and FynX Capital to introduce Earned Salary Advance (ESA) and Salary-Linked Credit […]
Cred receives RBI payment aggregator licence
CRED has received the final payment aggregator licence from the Reserve Bank of India (RBI), enabling the company to onboard merchants, process digital payments across […]
NPCI expands digital infrastructure beyond payments
The National Payments Corporation of India (NPCI) is strengthening its institutional framework as it prepares to play a larger role in building the next phase […]