The Fine Print Behind the UPI MDR Debate
This video captures the economics, the loopholes, who actually wins if MDR returns, and why the government might be playing a longer game than just UPI.
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This video captures the economics, the loopholes, who actually wins if MDR returns, and why the government might be playing a longer game than just UPI.
The surrender of the payments licenses comes even as Tata Digital says it is sharpening its focus on financial services.
In this edition, we revisit the longest-running payments debate i.e. UPI MDR; and we explore what happens when sovereign AI, venture capital and national interest collide.
The move comes less than three months after the Reserve Bank of India formally cancelled Paytm Payments Bank's licence.
An inside look at the RBI’s quiet intelligence advisories to payment aggregators; and ohow Tamil Nadu has become one of the first states in India to carve out a dedicated space for AI...
We have a news development to report on from the payments ecosystem. And, we write how users aged 18-24 now account for nearly half of all ChatGPT messages in India.
MobiKwik said it is targeting a 10x expansion in its merchant payments segment by FY28.
The company is raising a round to deepen payment innovations, scale the cross-border business, and expand into international markets.
Some payment aggregator companies have faced penalties by card networks for misclassifying merchants under the utility merchant category codes.
During the raids, the ED reportedly seized substantial cash, valuables, electronic devices, and other incriminating evidence.
As per the DGGI, around 47 online gaming-linked entities processed transactions worth nearly Rs 1,644.96 crore through SabPaisa.
In this edition, we write about how India's law enforcement agency's crackdown on fintech companies continues; and the debate on the economics of AI...
The development comes less than two years after securing a coveted payments licence, and barely two months after the company going public.
The development comes three days after the Telangana High Court dismissed a writ petition filed by Gupta, challenging his arrest.
With this, Cred now holds multiple regulatory licenses across payments, lending, insurance, and investments.
The RBI has directed payment aggregators to stop the misuse of education merchant category codes (MCC)...
BillDesk is one of the few major payment aggregators in the country with no offline play.
We write about how a crackdown at Wegofin exposes the growth of unlicensed TSPs in India's payments ecosystem; and the paradox of India hosting its first global AI summit...
Sep 19th Edition: We look at the RBI’s unified master directions on payment aggregators and what it means; and how AI companions could be the next big bets for Indian VCs.