digital payments
Blow to Facebook as Brazil suspends WhatsApp digital payments just a week after launch
Brazil’s central bank said the payments platform was anti-competitive and there were concerns over data privacy.
America's casinos still not cashless, transitioning to digital payments amid virus concerns
The push follows an 18-month study of the issue by both commercial and tribal casinos, and equipment suppliers.
Soon expected to launch in India, WhatsApp payments become available in Brazil
Stalled by regulatory hurdles, plans are afoot to integrate WhatsApp services with JioMart to take on rivals Paytm, PhonePe and Google Pay.
Google ties up with Gates Foundation on digital payments for the unbanked, rivaling Facebook Libra
The open source software, Mojaloop, first established by Gates Foundation in 2017, is being tweaked for use by disadvantaged communities.
Facebook-backed Libra returns with new 'stablecoins' linked to single currency like Dollar or Euro
Central bank officials and others have expressed concern about a blow to their sovereignty from Libra coins pegged to a basket of currencies
Facebook-backed Libra back with new 'stablecoins' linked to single currency like Dollar or Euro
Central bank officials and others have expressed concern about a blow to their sovereignty from Libra coins pegged to a basket of currencies
154 mn debit cards out of use as magnetic strips, zero balance go
There were about 836 million debit cards and about 53 million credit cards in circulation at the end of September quarter.
Paytm raises USD 1 billion in fresh funding
Accounts advised by T Rowe Price Associates were among the new investors for the fund, Paytm said in a statement.
No levying of charges on NEFT payment from January: RBI to banks
RBI has also proposed that FASTags would be enabled to pay for parking fee and even at fuel stations.
India among nations with most conducive environment for financial inclusion: Report
As per the report India, Colombia, Peru, Uruguay and Mexico have the most favourable conditions for inclusive finance.