RBI Launches Index to Measure Digital Payment Growth
The Reserve Bank of India kicked off the new year with the launch of its new Digital Payments Index (DPI) to help monitor and report on the penetration of digital payments in that country.
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RBI Launches Index to Measure Digital Payment Growth
The Reserve Bank of India kicked off the new year with the launch of its new Digital Payments Index (DPI) to help monitor and report on the penetration of digital payments in that country.
India Launches Digital Payments Awareness Campaign, Partnering with PFs and Tech Giant Google
Two years after launching its payments app in India, Google has reached $110 billion in annual payments volume there and is asserting its dominance in the space.
To Keep Growing Digital Payments in India, RBI Shifts Focus to Offline
Efforts by the Indian government to shore up the security of digital transactions have boosted consumer confidence and – as a result –adoption, according to the Reserve Bank of India (RBI). But the country’s central bank has identified its next significant barrier to growing access to digital transactions: low internet connectivity.
RBI Says Payment Companies Must Adopt Interoperable QR Codes, Prohibits Development of Proprietary Codes
The Reserve Bank of India issued new requirements last week mandating that payment companies with QR code-based payment solutions use interoperable codes, ensuring that the same code can be used by different payment applications.
India’s Central Bank Tightens KYC Requirements for Some Payments Banks
The growth of digital payments has led to non-bank entities stepping deeper into financial services. But at least one authority has demonstrated that it will tighten requirements on these non-traditional entities if needed, based on how they’re conducting their financial services business.
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QR Codes Quicken Cashless Pulse in India: Possible Mandate Approaching
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India’s Central Bank Tightens KYC Requirements for Some Payments Banks
The growth of digital payments has led to non-bank entities stepping deeper into financial services. But at least one authority has demonstrated that it will tighten requirements on these non-traditional entities if needed, based on how they’re conducting their financial services business.
Recent
Latest
RBI Launches Index to Measure Digital Payment Growth
The Reserve Bank of India kicked off the new year with the launch of its new Digital Payments Index (DPI) to help monitor and report on the penetration of digital payments in that country.