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Major credit card issuers go live on Bharat Bill Payment Systems platform

Major credit issuers, including the largest — HDFC Bank — have integrated their systems with the Bharat Bill Payment Systems (BBPS) for receiving credit card repayments via third-party......

Credit Card Payments Will Be Blocked On Apps

Some of the fintechs that will get impacted include Cred, Paytm, Phonepe and Amazon Pay, among others. IMAGE: Kindly note the image has been posted only for representational purposes. Photograph:......

RBI may introduce CBDC in call money market soon

The Reserve Bank is planning to extend wholesale Central Bank Digital Currency (CBDC) for transactions for interbank borrowing or call money market, sources said on Tuesday. Illustration: Dominic......

Daily UPI transactions jump 50% to 36 crore: RBI governor

Reserve Bank of India governor Shaktikanta Das on Monday said payments through UPI (unified payment interface) have grown exponentially in the past 12 months with daily transactions crossing 36......

Card-less cash withdrawal to be enabled at all ATMs soon, says RBI

In a bid to check fraud, the Reserve Bank on Friday decided to permit all banks to introduce card-less cash withdrawal through ATMs. IMAGE: Kindly note that this image has been posted for......

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