Page 33 - Electronic Payment News Today : Breaking News, Live Updates & Top Stories | Vimarsana

March 8, 2021 Some of India’s leading startups, fintechs, large banks and corporates, alongside a few  global financial giants and tech companies, have come together, all to grab a piece of India’s burgeoning payments market. Soon, the Reserve Bank of India (RBI) may grant some of them their wish to build and scale new ways for Indian consumers to transact. While cash remains the dominant form of making transactions in the country, over the last few years the number of consumers and merchants transacting digitally has grown exponentially. This has to do with two factors — one the falli...

(2) DJ EQS-News: Goldpac officially announces the introduction of its fingerprint biometric smartcard to enhance security for DC/EP (Digital Currency/Electronic Payment) EQS-News / 01/03/2021 / 14:42 UTC+8 Attachment:http://www.goldpac.com/en/images/article/20210301hstkju.pdf (03315.HK) Goldpac officially announces the introduction of its fingerprint biometric smartcard to enhance security for DC/EP (Digital Currency/Electronic Payment) Today, Goldpac globally announces the latest developments in its fingerprint biometric smartcard products. This new product has attained certification ...

Paytm, Ola Financial Services and IndusInd Bank will submit a joint proposal to set up a New Umbrella Entity (NUE) for retail payments in the country

China Moves Ahead on Digital Yuan Before 2022 Winter Olympics February 26, 2021 02:54 PM Age: 3 weeks Image: A customer checks out using digital yuan during a pilot program last October in Luohu District, Shenzhen (Image source: Shenzhen Government). Introduction With the People’s Republic of China (PRC) a frontrunner in the global race towards digital currency, the central bank People’s Bank of China (PBOC) has taken several steps this year to explore the international use of a digital yuan (e-CNY). Although there is no official timetable for the launch of China’s sovereign digital cur...

We'll soon meet in your inbox. Please wait... Non-bank lender Centrum Finance, along with fintech companies Zeta Pay and Electronic Payment and Services (EPS), are also expected to be part of the group that will submit its proposal to the Reserve Bank of India before the deadline expires on February 26, they said. ET reported previously that Amazon, along with ICICI Bank and Axis Bank, are also in the fray for the licence. Two other consortiums led by the Tata Group and Infibeam Avenues are also learnt to be in the reckoning. According to a source close to the development, the synergies betw...