Vodafone Idea Ltd has decided to close m-pesa vertical following the closure of Aditya Birla Idea Payments Bank Ltd (ABIPBL), in which it was being merged with, a top official said on Monday
The Paytm founder said that dominance in Japan is very important. It's a market that we believe, is at an inflection point because people have done lot of trials but led with card (credit/debit).
The India Post Payment Bank app was launched as part of the IPPB unveiling on Saturday.
Paytm was reportedly asked to remove Renu Satti as the chief executive of its payments bank, with the RBI raising objections about her ability to lead a banking services firm.
The payments bank will gradually link all 1.55 lakh post offices in the country to offer the service.
In the crowded digital payments market, there is a fierce competition between companies.
Flipkart-owned PhonePe digital wallet ties up with rival FreeCharge; lets customers link their existing wallets on both platforms
According to the deal terms, PhonePe has now enabled its over 45 million users to link their existing FreeCharge wallets to the PhonePe app
Despite Centre's Aadhaar push, its benefits for poor are unclear and impact on PDS is not fully known, claims RBI report
The benefits of Aadhaar, India’s biometrics-based unique national identity system–the world’s largest–are unclear and the impact of direct benefit transfers it will be used to deliver to the poor is not studied enough, a new study published by an arm of the Reserve Bank of India (RBI) has concluded.
The Indian banking industry is opening up in a big way with the introduction of Payments Bank along with wallet operators entering the non-bank space.
Paytm today announced that it has launched ‘Movies under Rs. 100’, a special segment for shows with ticket prices below Rs. 100.
As many as 11 companies including Reliance Industries and India's top three telecom operators were in 2015 permitted by the Reserve Bank of India (RBI) to set up payments banks which can take deposits and remittances but cannot lend.
Here are all the FAQs you may have about the new Paytm Payments Bank that was launched today in India.
The partnership will also have Airtel and Ola build content solutions for the customers of Ola Play
The prevailing situation in the sector offers a major opportunity for the postal department. It should quickly ramp up its infrastructure and set up a technology platform to take on the biggies
India Post is the third entity that recently received the licence to start payment bank operations from RBI last week.
Airtel has announced the launch of India’s first payments bank, which has commenced operations pan India today.
Payments banks can accept deposits from individuals and small businesses up to a maximum of Rs 1 lakh per account.
India Post Payments Bank has come into existence after it received certificate of incorporation from the Registrar of Companies, setting the stage for the new bank to begin operations in 2017.
RIL and SBI, in February last, had entered into a non-binding memorandum of understanding to set out the principal terms