RBI Suggests One-Hour Hold on UPI and IMPS Transactions Exceeding ₹10,000
The Reserve Bank of India plans a one-hour wait for digital payments over Rs 10,000 to curb fraud.
Tag: RBI
RBI Embraces Flexibility for Fintech Payment License Approvals by 2025
The Reserve Bank of India has increased regulatory approvals for fintech companies, issuing multiple licences.
“RBI Unveils Offline CBDC: Revolutionizing Payments Without Internet Access”
The Offline Digital Rupee allows users to transact without internet, making digital money as seamless as cash.
“RBI Unveils Interoperable Tokenization: Leveling the Playing Field for All Providers”
RBI mandates open access for tokenisation, disrupting big tech's hold on payment systems in India.
RBI Unveils Fresh Guidelines to Enhance Digital Payment Security
The RBI's new rules for digital payments mandate two-factor authentication and embrace biometrics and tokens.
Transformative Changes Ahead for UPI: Government Set to Permit MDR for Large Merchants
Banks may soon monetize UPI transactions by charging large merchants a Merchant Discount Rate (MDR).
PayU Secures Final Payment Aggregator License in Preparation for IPO
PayU has received final authorization from the RBI to operate as an online Payment Aggregator.
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