Skydo Gets RBI Nod as Payment Aggregator for Exporters
Bengaluru fintech Skydo receives RBI's Payment Aggregator-Cross Border licence, empowering 30,000+ MSMEs with faster, cheaper international collections. Discover how this boosts Indian exports.
Bengaluru fintech Skydo receives RBI's Payment Aggregator-Cross Border licence, empowering 30,000+ MSMEs with faster, cheaper international collections. Discover how this boosts Indian exports.
EbixCash partners with Lotus India Pay to launch a new co-branded Legend Card, enhancing digital payment solutions and customer rewards for Indian users.
Financial Software and Systems (FSS) becomes the first payments company in India, ME, APAC & SA to achieve ISO/IEC 42001 certification for AI management. Read about this landmark achievement.
Financial Software and Systems (FSS) becomes India's first payments company to achieve ISO/IEC 42001 certification for AI management systems. Read about this landmark achievement.
The newly constituted Payments Regulatory Board held its inaugural meeting, reviewing the draft 'Payments Vision 2028' document. The board discussed key themes for India's digital payments future. Read more.
Indian startup Speed raises $8 million from Tether and Ego Death Capital to build a global Lightning Network payment infrastructure, aiming to make instant, low-cost transactions a reality.
Go Digit General Insurance's board approves merger with its holding company, Go Digit Infoworks Services, marking the first such deal after insurance law amendments. The move aims to streamline structure and cut costs.
A new report reveals a 42% surge in real-time payment transactions globally, while e-commerce fraud rates show a welcome decline. Discover the trends shaping digital finance.
A new report reveals a 16% drop in debit card usage in India, as consumers prefer UPI for daily spends and credit cards for high-value purchases. Explore the changing landscape of digital payments.
Amazon Pay introduces UPI biometric authentication for Android users, enabling PIN-free transactions up to ₹5,000 using fingerprint or facial recognition for faster, more secure payments.
Paytm Payments Services secures RBI authorisation to operate as a payment aggregator for offline and cross-border transactions, expanding its financial services footprint. Discover the implications for India's digital payments landscape.
Google Pay partners with Axis Bank to launch 'Flex', a first-of-its-kind UPI-powered credit card in India. Get instant credit, rewards, and seamless payments. Learn more!
Google Pay shifts from distributing loans to launching its own credit card 'Flex' with Axis Bank. The move aims to serve India's underserved credit market and create a comprehensive financial platform.
Amazon India launches biometric authentication for UPI payments, enabling faster, password-free checkouts. This move aims to boost digital payment security and convenience for millions of users.
UK fintech Revolut plans to disrupt India's cross-border payments, targeting travel, education, and freelancers. CEO Paroma Chatterjee details strategy for 20M users by 2030.
India's financial inclusion drive is reshaping the economy, with the RBI index hitting 67.0. Jan Dhan accounts now total 57 crore, and digital payments surge. Read about the next phase.
The Reserve Bank of India has given in-principle approval for Fino Payments Bank to transition into a small finance bank. This marks a major milestone for the 18-year-old company. Read more about the implications and Fino's unique strategy.
NPCI International and ACLEDA Bank sign a pact to enable UPI and KHQR acceptance between India and Cambodia, boosting cross-border digital payments. Read more.
NPST secures over ₹300 crore from Tata Mutual Fund to fuel global expansion, AI-driven payments innovation, and strategic acquisitions. Read more about this fintech milestone.
A Mint analysis reveals UPI's explosive growth, with daily transactions soaring 6x in value. Discover how small payments for groceries & eating out are driving India's cashless shift.
India's Ministry of Tourism joins forces with Mastercard in a strategic partnership to enhance digital payments and promote the country as a premier global tourism destination. Discover the key initiatives.
UPI transactions surged 22% YoY to ₹26.32 lakh crore in November 2024. NPCI data shows daily average of 682 million transactions. RBI advances UPI-Europe TIPS integration for cross-border payments.
Prime Minister Narendra Modi highlights Gramajanya Farmers' Producer Company in Puttur during Mann Ki Baat. Director Ramapratheek Kariyal calls it a major boost for farmer activities. Read more.
Election Commission questions West Bengal government's delay in releasing enhanced ₹12,000 honorarium for Booth Level Officers. Learn why EC calls it 'very strange'.
Paytm parent One 97 Communications shares surged 3.4% after Goldman Sachs upgraded rating to 'Buy' and raised target price by 123% to ₹1,570. Discover the driving factors behind this dramatic turnaround.
XFlow announces ambitious plan to multiply cross-border payment volumes 10x within 18 months, expanding global reach and enhancing digital payment solutions for businesses.
Test your UPSC Prelims 2026 preparation with this essential Economy quiz covering Balance of Payments, RBI functions, LDCs, deposit insurance, and GST. Check your knowledge now!
India's cross-border payments transform as RBI's new license enables fintechs to capture 20% of $1.6T market. Startups raise millions to streamline exports for SMEs.
Oakley & Meta launch AI smart glasses in India on Dec 1. Features Hindi AI, UPI payments, 8-hour battery. Pre-order now from Rs 41,800!
Zaggle earns prestigious spot among Forbes India DGEMS 2025 top 10 companies, showcasing excellence in fintech innovation and corporate growth. Discover the winning strategies.