Households as well as companies can mitigate economic risks better by adopting mobile-based transactions, a new study finds
1 min read10 Aug 2020Jitendra Gupta, founder of Citrus Pay and managing director of PayU India, talks about the evolution of the space and what lies ahead
5 min read15 Jan 2019347.32 million mobile wallet transactions worth 16,108 crore took place in November, against 368.45 million transactions amounting to 18,786 crore in October, RBI data shows
2 min read8 Jan 2019Around 368.45 million transactions worth ₹18,786 crore recorded in October, against 324.16 million transactions amounting to ₹15,102 crore in September
2 min read6 Dec 2018Transfer of money from one e-wallet to another is just one feature that the central bank’s interoperability guidelines for prepaid payment instruments like e-wallets will enable
5 min read24 Oct 2018No timeline has been set for implementation of guidelines to be enabled in 3 phases
2 min read24 Oct 2018The recent Supreme Court ruling on Aadhaar and the lack of infrastructure, such as point-of-sale terminals, may stall the growth of digital payments
2 min read23 Oct 2018RBI interoperability rules will allow mobile wallets to issue UPI handles and cards, making them quasi-banks much to dismay of payments banks
2 min read19 Oct 2018If a merchant has signed up for one wallet with full KYC (know your customer), he needn't sign up for others: he will receive payments from any wallet.
2 min read18 Oct 2018The Reserve Bank of India has issued final guidelines to allow interoperability for prepaid payment instruments, such as mobile wallets
2 min read17 Oct 2018The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared