Fintech News Bytes

soon idfc will revoke the partnerships.

Can you please share the link in the message?

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.

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.

: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

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

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

Are you is the blogger or something at Finshot?

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

:eyes:

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/

Any one tried

https://niyocc.indialends.in/

Paytm, PhonePe to launch UPI Lite for smaller epayments soon

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).

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/

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

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