Fintech News Bytes

The company plans to develop a localized version of Apple Pay that works atop of UPI. Apple wants to enable iPhone customers in India to scan QR codes without using any PSP app. :fire:

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Oh that’s gonna be fun!

For only Apple products users, I’m poor Android user :slightly_smiling_face:

Pichai meets Modi, announces Google will invest $10 billion in India’s digitisation fund.

“We are excited today that we are announcing the opening up of our global fintech operation centre in GIFT city, Gujarat.”

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Anybody created the new Neo bank account ?
They also offering zero balance

on server still don’t have raspberry pi. there prices are crazy on Amazon and can’t find one on robu.in

they have partnered with suryoday small finance bank

It needs to highlight in their website and playstore about section also.

In my opinion Neo bank as a small finance Bank to much good, because there is too much offers, free service and also their interest rate are high as compared others banks . ( I have experience of Niyox with Equtas)

Jupiter also promising same thing :rofl:

This looks great thing

Fi-coins can be converted to Club vistara points (Only for FI CC holders)

40 Fi coins = 1 CV
What a value :grinning::+1:

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I like the animation of the plant growing in Fi😁. Feels really peaceful

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I agree. I was given 60 fi coins today for no reason :woozy_face::grin:

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No , they also promising completely zero balance account with zero fees for Debit card and assured reward for all :rofl:

They are new player in market so users feel some problem, maybe they will fixed soon

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I always fast forward it :rofl: it’s too much slow

That means it may be prepaid account not bank account

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no hosting it on server and using it’s ip as dns address in router. there is a free tire on Oracle cloud btw

As per RBI guidelines no bank or nbfc allow to maintain or transaction more than 1 lac which account created by Addhar otp or Offline addhar kyc process, that’s why they not allow more than 25k per month maybe… For opening a full featured bank account need user verification done by vkyc or Biometric verify/ physical kyc verification.

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Maybe , if it’s prepared account, the card showing that when it’s use online or a atm.

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