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December 21, 2023
The Reserve Bank of India has issued new guidelines on how individual having debit and credit cards can generate tokens at the bank level. As per RBI, a tokenised card is considered safer as the actual credit, debit card details are not shared with the merchant when the transaction is being processed.
September 23, 2022
UPI Lite has been launched as an on-device wallet feature that will allow users to make real-time small-value payments of up to Rs 200 without using a UPI PIN. At present, users need to enter PIN on UPI apps, such as Google Pay, Phonepe, Paytm.
June 8, 2022
The earlier limit for recurring payments like subscriptions, insurance premia and education fees of Rs 5,000 has been revised to Rs 15,000.
April 21, 2022
Chennai, India, April 21, 2022 (GLOBE NEWSWIRE) -- Chargebee, the leading subscription management platform, announced it has partnered with Razorpay,...
December 8, 2021
In a significant update, the Reserve Bank of India RBI released the Reserve Bank of India Master Directions on Prepaid Payment Instruments. Subsume the Reserve Bank of India Directions with immediate effect.
October 1, 2021
RBI's new auto-debit rules begin TODAY - What gets affected, what not - Bank account users who use their debit/credit cards or mobile wallets for regular auto-debit activities will be affected by this change.