Fintech News Bytes

soon idfc will revoke the partnerships.

Can you please share the link in the message?

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Slice has finally released their money withdrawal option in Slice mini.
I tried it today however the experience is not so good. My payment got stuck and now they are saying that it will be credited to my account after 2-4 working days.
I hope when we will get Slice Mini UPI it will become seamless.

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Image is not uploaded properlyโ€ฆ

RBI banned SBM India for foreign remittance.

https://www.google.com/amp/s/m.timesofindia.com/business/india-business/sbm-bank-barred-from-remittance-scheme/amp_articleshow/97265662.cm

CCI imposes penalty of Rs 1337 crore on google.

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:dollar: An explainer on how the State Bank of Mauritius (SBM) became the darling of fintech companies How an obscure Mauritian bank became the darling of Indian fintech

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Thatโ€™s an interesting read! @Binoy
Thanks for sharing :open_book:

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:money_with_wings: A simplified explainer on the budget The Budget explained in 5 minutes?

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Are you is the blogger or something at Finshot?

Hey, no! But a fan of their work from day one! :partying_face:

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:eyes:

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App stores need to only host Digital Lending Apps (DLAs) regulated by the Reserve Bank of India https://inc42.com/buzz/app-stores-have-to-host-rbi-regulated-lending-apps-union-minister/

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Any one tried

https://niyocc.indialends.in/

Paytm, PhonePe to launch UPI Lite for smaller epayments soon

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Fintech apps such as MobiKwik and Paytm now allow users to link their RuPay credit cards to UPI (Unified Payments Interface) for all merchant payments (P2M).

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You can use only once for the changing of billing cycle.
I found in HDFC too after OneCard

โ€œPaytm Payments Bank Becomes the First Payments Bank to Launch UPI LITE โ€“ Empowers Instant UPI Payments of Smaller Valuesโ€ https://paytm.com/blog/payments/upi/paytm-payments-bank-becomes-the-first-payments-bank-to-launch-upi-lite/

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HDFC bank is testing a slightly different flavor of UPI Lite with focus on offline payments!

An explainer on the RBI sandbox and how itโ€™s giving wing to a new form of payment method No internet for digital payments? Thereโ€™s a fix thanks to the RBI Sandbox

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But Paytm payments bank show Do Not Support while setting up upi lite.

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