#100
The Reserve Bank of India (RBI) on Wednesday (August 24) lifted the business restrictions imposed on American Express after over a year, allowing the US-based company to acquire new domestic customers for its card services.
#100
The Reserve Bank of India (RBI) on Wednesday (August 24) lifted the business restrictions imposed on American Express after over a year, allowing the US-based company to acquire new domestic customers for its card services.
Tata Neu is likely to start offering competition to Zerodha, Upstox and Groww kind of stock broking services soon, according to two Entrackr sources.
ToneTag’s voice-based solution VoiceSe will now allow users to access UPI digital payments via feature phones in their own regional language.
RBI wants fintech operators to follow rules of game, says Guv Shaktikanta Das :
The statement assumes importance in the wake of the recent incidences wherein a few people who borrowed through these apps have been forced to commit suicide and the last week’s incidence of a young pregnant woman being mowed down by the recovery agents of Mahindra Finance which financed her father’s tractor in Bihar.
Read it here
Loan disbursal apps and credit aggregators on the Google Play Store in India must prominently display a link to the partner bank or non-banking finance company (NBFC).
RBI has launched UPI Lite. Users can make payments without an internet connection & doesn’t require a UPI pin.
UPI Lite has been launched as an on-device wallet feature that will allow users to make real-time small-value payments of up to Rs 200.
You can use full-fledged UPI without internet even now. *99# uses USSD 2.0 to interact with UPI.
Probably they will use it or some similar technology. Since connection to the source bank servers is not required, it just becomes a little faster.
Jupiter should enable this feature…
CRED is on a roll!
The feature can also be used to make peer-to peer (P2P) transactions, either by scanning a quick response (QR) code or by feeding in the beneficiary’s UPI identity.
Did some transaction yesterday and it is damn fast. Even got a cashback of ₹ 8 for a ₹ 10 transaction
Jupiter is a (neo)banking app. Not an UPI app. We can’t say anything
An explainer on why people believe Credit Suisse may go under!
UPI is going places
An explainer on how Digital Banking Units could change banking An explainer on Digital Banking Units (DBUs)
Every app that contains upi payments in it, is a UPI app also.
You can only use this app if you have an account with them, I guess. You cannot use it as a UPI app with other bank accounts without its account. Can we ?