New Delhi [India], August 23 (ANI): Digitalization of the payment system can aid in the transition to the environmentally-conscious method of payments and also foster financial inclusion but at the same time crypto assets can pose risks to financial stability, the International Monetary Fund
Mumbai (Maharashtra) [India], August 18 (ANI): The Reserve Bank of India (RBI) has invited feedback from the public on the various changes proposed in the payments system, including the possibility of imposing tiered charges on transactions done through the Unified Payments Interface (UPI).
Singapore, August 7 (ANI): Singapore Foreign Minister Vivian Balakrishnan has praised India for its digital identity and payment systems and said that it is a "clear opportunity" for the county.
New Delhi [India], July 16 (ANI): India and Indonesia on Saturday signed a Memorandum of Understanding (MoU) in Bali on the sidelines of the G20 meeting, to cooperate on a number of issues including payment systems and combating terror financing.
New Delhi [India], June 27 (ANI/ATK): Cryptocurrency is a unique decentralized virtual payment system that does not require transactions to be validated by central authorities. It is an end-to-end encrypted technology that enables users to send money anywhere while being anonymous. Cryptocur
New Delhi [India] June 24 (ANI/ATK): Cryptocurrencies came into being with the introduction of Bitcoin. The main reason why people invest in cryptocurrency tokens and most other digital forms of money are easy transactions, incredible security, exponential Industry growth, unexpected returns
Mumbai (Maharashtra) [India], June 17 (ANI): The Reserve Bank of India (RBI) on Friday released 'Payments Vision 2025', a blueprint for regulation of payment systems in the country.
Mumbai (Maharashtra) [India], June 16 (ANI): The Reserve Bank of India (RBI) on Thursday announced that it has lifted business restrictions imposed on Mastercard Inc with immediate effect.
New Delhi [India], May 28 (ANI): The Reserve Bank of India (RBI) on Friday said that it is proposing to adopt a graded approach to the introduction of Central Bank Digital Currency (CBDC) in conformity with the objectives of monetary policy, financial stability and efficient operations of cu
Moscow [Russia], April 19 (ANI/Sputnik): Russian Central Bank has included a new payment system called HELLO into the national register of credit institutions.
Bengaluru (Karnataka) [India], March 15 (ANI/BusinessWire India): EMVCo has qualified Tecto, one of the first tools to qualify for its Level 3 (L3) card simulator, TT, and TSE modules based on the latest version of EMVCo EMV L3 Testing Framework.
Moscow [Russia], March 7 (ANI): Following the suspension of operations in Russia by payment giants Visa and Mastercard, Russia's state-owned Sberbank announced on Sunday that it is working on issuing payment cards using China's UnionPay and Russia's domestic Mir payment systems, Russian m