Russian Ambassador Denis Alipov on Monday discussed key aspects of India-Russia cooperation, including efforts to establish a direct trade payment system in rubles and rupees.
With digital payment systems becoming increasingly popular among all segments of the population, including differently-abled individuals, the RBI's latest guidelines urge payment system participants (PSPs)--comprising banks and authorized non-bank payment providers--to review and modify thei
Mandaviya stated, "The approval of the Centralised Pension Payment System (CPPS) marks a significant milestone in the modernization of the EPFO. By enabling pensioners to receive their pensions from any bank, any branch, anywhere in the country, this initiative addresses the long-standing ch
New Delhi [India], September 3: SystemSePay, an innovative and fully interoperable invoice-based payments system, was officially showcased at the prestigious Global Fintech Festival (GFF) 2024. The product showcase event was officiated by Sunil Ghumatkar, Managing Director; Vishal Shetty, Di
New Delhi [India], September 2: Paysharp is an existing PA, which received RBI final authorisation on 30th August 2024 Friday followed by the in-principal PA license on December 2022. Paysharp is a 5 years old startup, raised two rounds of funding sum of 23 crores, last funding round was on
CM Sai discussed in detail issues related to agriculture and rural development, mainly Pradhan Mantri Awas Yojana and Pradhan Mantri Gramin Sadak Yojana in naxal-affected areas of Chhattisgarh, and exemption from the Aadhar-based payment system (ABPS) for naxal-affected regions under MGNREGA
The Central Bank of the UAE (CBUAE) and Bank Indonesia (BI) have today signed a Memorandum of Understanding (MoU) aimed at establishing a framework to enhance bilateral cooperation in the area of payment systems.
Mumbai (Maharashtra) [India], June 18: India has emerged as one of the most robust FinTech economies in the world with landmark innovations in secure payment systems and gateways, paperless lending, mobile banking and wallets and other innovations which are driving the country's digital tran
NPCI International Payments Limited (NIPL) and the Central Reserve Bank of Peru (BCRP) have announced a partnership on Wednesday to enable the deployment of a UPI-like real-time payments system in Peru
In response to this, the administration has reiterated that only digital modes of payment, such as smart cards, UPI, credit cards, and debit cards, will be accepted at all cafeteria counters.