WhatsApp rolls out bill payments in India
The service is powered by the Bharat Connect (BBPS) network and provides access to 22,722 billers across 30 categories.
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The service is powered by the Bharat Connect (BBPS) network and provides access to 22,722 billers across 30 categories.
Karthik brings more than 25 years of experience spanning operations, technology, analytics, and risk management.
PayGlocal said that the FinCEN registration will help it build the compliance, banking and payments infrastructure needed to support its US operations.
The service will be available on select devices from Nokia, HMD, Lava International, and Itel Mobile, with more handset partnerships expected in the coming months.
PhonePe has emerged as the lowest bidder, but the economics behind the mandate raise questions about how much the company is willing to pay for growth.
The value of securities brokers and dealer transactions via the unified payments interface (UPI) jumped 21.01% month-on-month to Rs 73,752.37 crore in July from Rs 60,945.24 crore in June.
Sinha, currently an independent director at Airtel Payments Bank, will take charge from October 1 for a three-year term.
The offering is designed to comply with the accessibility requirements of the Reserve Bank of India (RBI) under BIS IS 17802 standards.
Global card network Visa is looking to offer issuing and acquiring solutions to banks globally, according to a source.
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 combined business generates over $30 million in annual revenue with a profitability margin exceeding 30%.
The fintech company posted a net profit of Rs 7.6 crore in Q1 FY27, compared to a net loss of Rs 41.9 crore in the corresponding quarter last year.
In this edition, we unpack Paytm's renewed Postpaid push and what has changed since its heyday; and what Sarvam AI's appointment of frontier AI researcher Devendra Chaplot signals...
The surrender of the payments licenses comes even as Tata Digital says it is sharpening its focus on financial services.
The court's directive follows the RBI’s decision to revoke Paytm Payments Bank's banking licence in April.
It processed nearly $50 billion in annual gross transaction value (GTV) and crossed 3 lakh merchant customers.
The fintech firm recorded a net profit of Rs 19.57 crore in Q1 FY27, up more than fourfold from Rs 4.79 crore in the corresponding quarter last year.
The latest approval comes after Vested received an IFSCA Global Access Provider (GAP) licence in April.
The move comes less than three months after the Reserve Bank of India formally cancelled Paytm Payments Bank's licence.
According to the data revealed by the Ministry of Finance in a reply to Parliament, UPI fraud incidents surged by 85% in FY24.