May 20th, 2021 8:10 PM 6 COMMENTS

PhonePe, Paytm and Google Pay Will Become Interoperable Soon

Mobile wallets have brought a new revolution to India, be it Paytm, PhonePe, Google Pay or Mobikwik; all of them have been key in reducing the dependency on physical cash, reducing the need to carry a lot of cash. It seems that the ability to transfer cash to one's digital wallet is about to become much easier after an announcement from the RBI. As per the Reserve Bank of India... Read More

May 15th, 2021 3:19 PM 9 COMMENTS

Amazon One-Month Prime Membership Discontinued in Adherence to RBI Norms

Amazon’s Prime membership has been one of the most useful subscription services available in India, providing access to a music streaming app, an entertainment application and giving benefits to the Amazon shopping application. Most, if not all of our readers, are probably using Amazon’s application for one need or the other, be it Prime Video for content consumption or just the Amazon application to purchase goods. The subscription plan has... Read More

January 29th, 2021 5:41 PM 0 COMMENTS

UPI Transactions Became a Hit in India Amid Pandemic

Unified Payments Interface (UPI) system became a very essential part of most peoples lives during 2020. As the economy pushed towards being cashless to support social distancing, the role of UPI apps grew multiple-fold. Things such as paying bills to purchasing subscriptions, people relied on UPI apps for completing the transactions. As per a PTI report, President Ram Nath Kovind said that in the last month of 2020, Indians transacted... Read More

December 26th, 2009 12:03 PM 4 COMMENTS

RBI Renovates Mobile Banking Norms, Transact up to 50,000

If you are Mobile Banking users than here is the good news for you! Reserve Bank of India increased the transaction limits for mobile banking five times, Now all Banks are permitted to offer mobile banking to their customers subject to a daily cap of Rs.50,000 per customer for transactions on-line shopping and involving purchase of any goods or services, as well as funds transfer. Currently, all the mobile banking... Read More

Recent Comments