Knowledge Deck

EPFO May Enable Direct EPF Withdrawals Through...

EPFO members may soon be able to withdraw their Employees' Provident Fund...

FM Sitharaman Urges Fintechs to Tap Rural India's...

Finance Minister Nirmala Sitharaman urged fintech companies to focus more on...

India's Fintech Market to Reach $400 Bn in 3...

India's fintech market is thriving and expected to reach $400 billion in the...

Centre's No MDR Policy Hampers Fintech Firms' UPI...

The Ministry of Finance's clarification that there were no plans to...

SEBI Introduces New Tool to Authenticate UPI...

India's markets regulator announced a mandatory shift to a new Unified...

Block Deal: PhonePe Expected to Sell 5% Stake in...

PhonePe is reportedly looking to sell a 5% stake in the company today at a...

UPI Transactions Over Rs 3,000 May Incur...

It was also reported that approximately 60 million merchants in the country...

UPI Transactions Hit Record High in May, Cross Rs 25 Trn...

In May, transactions on the Unified Payments Interface (UPI) reached a record...

E-Rupee Circulation Tops Rs 1,000 Cr; RBI Eyes Cross-Border CBDC Pilots

The value of central bank digital currency (CBDC) or e-rupees in circulation increased to Rs 1,016 crore at the end of March 2025, up from Rs 234...

PayPal Gets RBI Approval to Operate as a Cross-Border Payment Aggregator

PayPal Payments Pvt Ltd (PayPal), PayPal Holdings Inc's Indian subsidiary, has received in-principle approval from the Reserve Bank of India to...

FM Sitharaman Highlights Fintech Policy Support During Visit to Pine Labs Facility

Finance Minister Nirmala Sitharaman visited the office of digital fintech company Pine Labs in Noida on Tuesday and interacted with employees,...

PayU Unveils MCP Server for Integrating AI Assistants with Payment Systems

Prosus-backed Fintech PayU has joined its peers in the category in launching a Model Context Protocol (MCP) server, which allows merchants to...

ICICI Bank Discontinues PayLater on UPI: Key Changes for Users

All PayLater credit line services on UPI have been formally discontinued by ICICI Bank. According to an update on its official website, the bank...

Digital Payments Platform Getepay gets Final RBI Approval

Getepay will expand its suite of solutions, offering not just payments but also tools for digital store, inventory management, GST billing, and...