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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
The industry has largely cheered the RBI’s move to allow credit cards to be linked to UPI, but actually getting it done will take a lot more thought.
The evolution of the Unified Payments Interface has entered its next chapter with the Reserve Bank of India permitting banks to link credit cards to the payments platform.
Yesterday, the RBI announced that RuPay credit cards would be the first that can be linked. Customers will be able to link credit cards to their UPI addresses, just as they do today with bank accounts. Whereas everyday merchants will be able to accept credit card payments either on their mobile apps or through QR codes without the need of a card terminal. The move—once the process is fleshed out and card …
A local fintech deal to consolidate operations, feedback on Saudi Arabia’s proposed IPO rules, and Ras Al Khaimah’s casino economy.
The newly announced levy on UPI payments undermines the very foundation of using digital payments for stock market investing. Brokers are in a tizzy.
Aggressive summer deals are being rolled out to make up for the slump in arrivals; Coinbase is setting up a new tokenization hub, and other updates.
