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Meetup at Lonavala: RBI holds discussions with banks and fintechs on ways to popularise CBDC

The meeting happens against the backdrop of declining usage of CBDC at the wholesale level and retail level. Despite a push from some banks and the regulator and interoperability with UPI, CBDC has been losing popularity

India , Lonavala , Maharashtra , Pune , Mumbai , T-rabi-sankar , Dilip-asbe , Kunal-shah , Rabi-shankar , National-payments-corporation-of-india , Indusind-bank , First-bank

Industry keenly awaiting implementation of 30% UPI market share cap by NPCI

The National Payments Corporation of India (NPCI) in December 2022 extended the deadline for third-party UPI players to meet its 30 per cent volume cap in digital payment transactions by two years to end December 2024.

India , Sanjiv-sharma , Walmart-phonepe , National-payments-corporation-of-india , National-payments-corporation , Google-pay , Unified-payments-interface , Industry , Pi , Pci ,

$2B needed to revert City of San Diego streets to industry standard

It’s a sign people around 44th Street and Myrtle Avenue have been waiting to see: road work on their street.

San-diego , California , United-states , Duy-nyguen , Bethany-bezak , Alfred-gallegos , Transportation-department , San-diego-city-council , City-council , City-council-as , Myrtle-avenue , Myrtle-street

Without Payments Bank, Paytm's UPI market share drops to 9%, lowest in four years

NPCI started sharing UPI apps transaction volume and value from April 2020 and this is Paytm's lowest market share. The mobile payment app hit by the regulator's action has also seen its transaction value market share drop to 6.7 percent.

India , Axis-bank , Paytm-payments-bank-limited , Communications-ltd , National-payments-corporation-of-india , National-payments-corporation , Google-pay , Yes-bank , Paytm , Pi , Pci

Mobile wallet usage in India to grow at 18.3%, touch $6.4 trillion in 2028

GlobalData, a leading data and analytics company, in its report, said the acceptance and growing popularity is mainly due to the government’s focussed efforts on digital payment methods, like unified payments interface (UPI).

Singapore , France , Sri-lanka , India , Mauritius , Shivani-gupta , National-payments-corporation-of-india , Senior-banking , Payments-analyst , Unified-payments-interface , National-payments-corporation , Amazon-pay

RBI Revises Bill Payment Rules: Key Changes, Effective Date, All You Need To Know

The newly launched rule will come into effect from April 1, 2024. Read on to find out what it is, what it means, and more.

India , New-delhi , Delhi , Bharat , Centre-clears-rs , Bharat-billpay , Reserve-bank , Bharat-bill-payment-system , Also-read , Fertiliser-subsidy , Billpay-limited

Perpetual Credit Income Trust (ASX:PCI) Plans $0.01 Interim Dividend

Perpetual Credit Income Trust (ASX:PCI – Get Free Report) declared a interim dividend on Monday, February 26th, MarketIndexAU reports. Shareholders of record on Sunday, March 10th will be given a dividend of 0.006 per share on Sunday, March 10th. This represents a dividend yield of 0.59%. The ex-dividend date of this dividend is Tuesday, February […]

Mortgage-income-fund , Credit-income , Credit-income-trust , Credit-income-trust-price-performance , Dividend-history-for-perpetual-credit-income-trust , Credit-income-trust-company-profile , Perpetual-credit-income-trust , Get-free-report , Dynamic-credit , Perpetual-credit-income-trust-daily , Asx-pci

Perpetual Credit Income Trust (ASX:PCI) to Issue Interim Dividend of $0.01

Perpetual Credit Income Trust (ASX:PCI – Get Free Report) declared a interim dividend on Monday, February 26th, MarketIndexAU reports. Investors of record on Sunday, March 10th will be paid a dividend of 0.006 per share on Sunday, March 10th. This represents a yield of 0.59%. The ex-dividend date is Tuesday, February 27th. Perpetual Credit Income […]

Dividend-history-for-perpetual-credit-income-trust , Credit-income-trust , Credit-income-trust-stock-performance , Mortgage-income-fund , Credit-income , Perpetual-credit-income-trust , Get-free-report , Dynamic-credit , Perpetual-credit-income-trust-daily , Asx-pci , Pci

Paytm likely to partner with four banks for enabling UPI transactions: Report

Paytm is the third-largest app for UPI payments in the country, processing 1.6 billion monthly transactions, according to data available on the NPCI website. PhonePe and Google Pay are the two largest.

India , Prashant-kumar , Reuters , Axis-bank , Paytm-payments-bank-ltd , State-bank , Yes-bank , Google-pay , Reserve-bank , Paytm , Pi-payments , Xis-bank

RBI to NPCI: Consider Paytm's request for TPAP. What is it, how will it benefit users? | Explained News

As the RBI has asked the Paytm Payments Bank Limited to shut operations by March 15, 2024, there will be no TPAP registration for the Paytm app to be able to provide UPI payment services.

India , Party-application-provider , Paytm-payments-bank , Third-party-application-provider , Unified-payments-interface , Amazon-pay , Google-pay , Jupiter-money , Samsung-pay , Paytm , Ne97-communications