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RBI extends UPI for inbound travellers from G20 nations
Updated : 3 years, 3 months ago IST
Delegates from G20 countries can also avail this facility at various meeting venues.
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RBI imposes monetary penalty on Ola Financial Services
Updated : 3 years, 10 months ago IST
Mumbai (Maharashtra) [India], July 12 (ANI): The Reserve Bank of India (RBI) on Tuesday said it has imposed a monetary penalty of Rs 1.68 crore on Ola Financial Services Private Limited for non-compliance with certain provisions of payment instruments and know your customers (KYC).
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RBI imposes monetary penalty on Manappuram Finance for non-compliance of K
Updated : 4 years, 1 month ago IST
Mumbai (Maharashtra) [India], April 18 (ANI): The Reserve Bank of India (RBI) said on Monday it has imposed a monetary penalty of Rs 17.63 lakh on Manappuram Finance Limited for non-compliance of norms related to Know Your Customer (KYC) and Prepaid Payment Instruments (PPIs).
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LazyPay forays into card segment: launches LazyCard (Co-branded prepaid in
Updated : 4 years, 4 months ago IST
Mumbai (Maharashtra) [India], January 12 (ANI/PRNewswire): LazyPay, India's preferred Buy Now Pay Later solution by PayU Finance, today announced its partnership with SBM Bank India to launch LazyCard, a prepaid payment instrument backed by a credit line, foraying into the card segment. Read More
UPI most preferred digital payment mode among consumers: Worldline India
Updated : 5 years, 1 month ago IST
New Delhi [India], April 15 (ANI): Unified Payments Interface (UPI) remained the most preferred payment mode in 2020 among consumers with a person-to-merchant (P2M) market share volume of 41 per cent, Worldline India said on Thursday.
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Jio, Sodexo join hands to accelerate digital transformation
Updated : 8 years, 1 month ago IST
Mumbai (Maharashtra) [India], Apr. 12 (ANI): Reliance Jio and Sodexo, on Thursday announced a partnership to accelerate India's digital transformation. The two companies will leverage complementary strengths and offerings to create an enriched digital life ecosystem for Indians.
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OBOPAY Secures a Pre-paid Instrument License from RBI
Updated : 8 years, 5 months ago IST
New Delhi [India], Dec 13 (ANI-NewsVoir):OBOPAY, the global mobile payment solutions company, recently announced that the company has secured alicense for Prepaid Payment Instrument (PPI) from the Reserve Bank of India to operate a semi-closed loop wallet in the country.
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OBOPAY gets a pre-paid instrument license from RBI
Updated : 8 years, 5 months ago IST
New Delhi [India], Dec 13 (ANI): OBOPAY has secured a license for Prepaid Payment Instrument (PPI) from the Reserve Bank of India to operate a semi-closed loop wallet in the country, the global mobile payments company said.
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Mobikwik to invest Rs. 400 crore in KYC compliance
Updated : 8 years, 7 months ago IST
New Delhi [India], Oct. 25 (ANI): Mobile wallet, MobiKwik announced the company's plans to invest Rs. 400 crores over a period of five years in KYC.
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