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RBI says under an arrangement, an intermediary accepts card payments from corporates for their commercial payments and then remits the funds via IMPS/RTGS/NEFT to non-card accepting recipients
Now you can pay wirelessly via NFC with AmBank and Google Pay. The bank just announced support for Google’s wireless payment system. Read to learn more
Eviosys Unveils Cutting-Edge R&D Centre to Develop Sustainable Packaging ...
Some fintech executives claim banks save a lot of money on operating ATMs since their use has fallen as customers increasingly adopt digital payments.
The current policy challenges the current practise in which card network selections are defined by agreements between issuers and networks.