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The Reserve Bank of India (RBI) has announced its intention to implement AFA for cross-border "Card Not Present" (CNP) transactions.
payments , ecommerce, AFA, RBI, cross-border payments
India-based fintech startup EnKash has gotten regulatory approval from the Reserve Bank of India (RBI) to operate as a payment aggregator the the brand name Olympus.
spend management, fintech, startup, payments aggegator license, RBI
India-based payments company Paytm has partnered with SBI Card to launch the Paytm SBI Card on the RuPay network.
credit card, partnership, RBI, Alibaba, digitalisation
The Reserve Bank of India has abandoned plans for a high-profile project intended to rival the country’s dominant payment system, Unified Payments Interface (UPI).
UPI, RBI, payments infrastructure, ecommerce, payments