Fintech Fest News Today

MIIs or market intermediaries shall enter into an appropriate agreement with entities with whom they intend to share real-time price data.

UIDAI slashes Aadhaar authentication charge to Rs 3: CEO : Rashtra News Aadhaar custodian UIDAI has slashed the price for authentication by customers to Rs 3 from Rs 20 per instance to enable entities leverage its infrastructure for providing ease of living to people through various services and benefits. While speaking at Global Fintech Fest

Data privacy should not be compromised in using fintech: FM : Rashtra News Finance Minister Nirmala Sitharaman on Tuesday said there should be no compromise on data privacy and safeguard of client data with an increasing number of Indians now using digital mode of payment. Addressing the industry, the minister said the value of digital

Settle traffic fines in Kolkata using any payment app. Kolkata Traffic has launched Unified Payments Interface (UPI) payments for spot fines. Pay fines using Google Pay, Amazon Pay, Phone Pe, and more.

NPCI International Payments Ltd and Fonepay announce UPI integration, allowing seamless QR-code-based transactions between India and Nepal, fostering economic ties

NPCI International Payments Ltd (NIPL), the international arm of National Payments Corporation of India (NPCI) and Fonepay Payment Service Ltd, Nepal’s payment network, have announced that Unified Payment Interface (UPI) is now live for cross-border transactions between India and Nepal.

Vijay Shekhar Sharma wrote on X (formerly Twitter), “Paytm QR, soundbox and EDC (card machine) will continue to work like always. 

The central bank has invited comments or feedback from stakeholders and members of the public on the draft framework by end February 2024.

We have a plan to plough back a This year in the first half we had profits of more than Rs 31,000 crore. significant amount of profits this financial year. We have seen this organic plough back of profit is one of best ways to support the equity of the bank.

The UPI Tap and Pay feature leverages the Near Field Communication (NFC) capability in smartphones, allowing users to make on-the-go payments without the need to scan a QR code.