You will necessarily need a FASTag for your car if you are on a road trip and crossing the toll plazas on Indian National Roads, as of January 1. This confirmation comes from the Union Minister of Transport for Road, Highways and MSMEs, Nitin Gadkari, who has said that FASTags …
Read More »RBI Stops HDFC Bank Digital Activities and Searches for New Credit Card Customers After Multiple Failures
Private sector lender HDFC Bank said on Thursday that the Reserve Bank of India (RBI) has asked it to temporarily halt all launches of its upcoming digital business generation activities and recruiting new credit card customers. following an outage in its data center that affected operations last month. “The RBI …
Read More »NPCI allows payment banks and fintechs to be shareholders
The retail payments body, National Payments Corporation of India (NPCI), said on Thursday that it has completed the private placement of 4.63% of its equity shares. ₹Rs 81.64 crore, allowing small finance and payment banks as well as fintechs to be shareholders in the organization. NPCI had made an offer …
Read More »Google Pay: US money transfer fee, does not apply to India | India Business News
NEW DELHI: Google On Wednesday, it clarified that users in India will not have to pay any fees for money transfers on its payment platform, and that the charges are for users in the US. Last week, Google announced that it will launch a redesigned Google Pay app next year …
Read More »WhatsApp Pay, UPI’s double hit limit for payment companies
A day after the National Payments Corporation of India (NPCI) announced a 30% market capitalization for digital payments companies in UPI, market leader Google Pay said it could affect further UPI adoption in the country. The cap comes at a time when WhatsApp Pay launched in India on Friday after …
Read More »UPI transaction limit for Google Pay, WhatsApp Pay, PhonePe, and others, but should you be concerned?
The digital payments space in India, specifically UPI payments services, is about to undergo a major restructuring. The National Payments Corporation of India (NPCI) has made it official that a new limit will apply as of January 1, 2021 requiring that no third party application provider (TPAP) can exceed more …
Read More »Here’s how to set up WhatsApp Pay, make payments, and more
The digital payments space in India is about to get a bit more exciting, with WhatsApp Pay finally implemented for WhatsApp now available for iPhone and WhatsApp for Android users in India. Of course, you will need to have the latest version of WhatsApp installed on your phone for the …
Read More »Google Pay is still unavailable on iPhone and there are no in-app warnings about potential payment issues
The Google Pay digital payments app is not yet available to Apple iPhone users in India. The Google Pay app, formerly known as Google Tez, was not listed on the Apple App Store yesterday and is not yet available. Google confirmed yesterday that the app wasn’t on the list to …
Read More »Ahmedabad decides to go digital to prevent Covid-19 from spreading through banknotes
[ad_1] New Delhi: To contain the spread of COVID-19, Ahmedabad, the second most affected city by the coronavirus in India, has decided to go fully digital to prevent the spread of the pandemic through tickets. As part of the period after the preparatory strategy closes, all retail and home delivery …
Read More »Mega Jio-Facebook deal could have Paytm shaking in its UPI boots
[ad_1] Facebook’s WhatsApp, which has been working to obtain regulatory approval for payment services in India, is preparing for a full rollout of those services in June, according to a source familiar with the matter. The partnership with Reliance, announced on Wednesday, will give WhatsApp an internal track on payments …
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