Ppi

Behind the fallout at InfoEdge-backed Shoppin: Termination, lawsuits, and a funding twist

Behind the fallout at InfoEdge-backed Shoppin: Termination, lawsuits, and a funding twist

12 Nov 2025, 23:33 PM

In July this year, Shoppin co-founder Utsav Soi filed a petition accusing co-founder Shlok Bhartiya and Info Edge of "oppression and mismanagement."

Junio gets RBI approval to operate as PPI provider

Junio gets RBI approval to operate as PPI provider

06 Nov 2025, 12:50 PM

The approval paves the way for Junio to roll out a digital wallet service integrated with the Unified Payments Interface (UPI).

Exclusive: UAE Regulator holds back key Paytm licence

Exclusive: UAE Regulator holds back key Paytm licence

25 Oct 2025, 12:18 PM

Paytm had applied to the Central Bank of the UAE for two licences — one covering acquiring and domestic payments, and another for a wallet-type product.

RBI imposes Rs 21 lakh penalty on PhonePe for compliance lapses

RBI imposes Rs 21 lakh penalty on PhonePe for compliance lapses

12 Sep 2025, 20:06 PM

The RBI said, in an order dated September 10, 2025, a penalty was imposed on PhonePe for non-compliance with certain norms related to PPIs.

RBI allows PPI holders to make UPI payments using third party apps

RBI allows PPI holders to make UPI payments using third party apps

27 Dec 2024, 22:22 PM

Currently, UPI payments from/to a bank account can be carried out using the UPI application of that bank or of any third-party application provider.

Cashfree reports Rs 135 crore in losses in FY24

Cashfree reports Rs 135 crore in losses in FY24

05 Nov 2024, 02:55 AM

The Bengaluru-based payments firm faced a year long ban on new merchant onboarding.

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