mobile wallets

Attention Paytm, Google Pay, PhonePe Users: 3 Biggest Changes You Should Know (RBI Norms) Nowadays the use of mobile wallets is pretty common. For the unaware, it is a digital wallet into which we can deposit money using our…

RBI’s Launches New eWallets With No KYC; Transactions Upto Rs 10,000 Will Be Allowed In order to boost Digital India, and facilitate more cashless transactions, Reserve Bank of India or RBI has now launched a new category of prepaid…

Very Soon, You Pay Income Tax Via UPI, Mobile Wallets, Credit/Debit Card! Income Tax Department and Govt of India is collaborating to make the process of paying income tax easier, and seamless. Ushering a new wave of reforms for…

Ever since Supreme Court struck down Section 57 of the Aadhaar Act, and banned private companies from using and storing Aadhaar data of Indians, KYC or Know Your Customer issues have been hampering their growth. Now, the logjam over KYC…

Reserve Bank of India has shown interest in allowing new ways and methods to verify customers - and this includes live video-based KYC. Why is it required? And how this will happen?

Reserve Bank of India has finally issued guidelines, which makes interoperability of payments instruments possible. In layman terms, this means now users can transfer money between wallets, from wallets to cards, and from cards to…

Although both Berkshire Hathaway (the company which Buffett owns, and uses for investments) and Paytm hasn’t responded to this news, sparks are already flying.

Currently with over a dozen of them operating in the Indian digital space, WhatsApp has a huge advantage over the others with its massive user base. WhatsApp Payments will be going against some of the top-performing digital payments…

NPCI_BHIM, the official Twitter handle of NPCI informed the nation that on Wednesday, total of 1 crore transactions were processed by them.

Insider sources have revealed that right now RBI is finalizing the protocols to allow interoperability between mobile wallets in India within a month.