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BHIM launches full delegation feature for UPI Circle to net more users

The feature will allow primary users to authorise their trusted secondary contacts to make UPI payments from their account, subject to a maximum monthly limit of ₹15,000

PayU India nears breakeven in H1 FY26 as Prosus backs profitable growth

Prosus says PayU India is sharpening its focus on higher-margin services, improving cost discipline, and leveraging payments, VAS, and SaaS to move towards sustainable profitability in H1 FY26

Took phased approach before restarting platform: WazirX CEO Nischal Shetty

After a long restructuring and a court-approved restart, WazirX focuses on security upgrades, user recovery and ongoing legal disputes

UPI set to interlink with European instant payment system TIPS: RBI

UPI will be linked with Europe's tips system to enable faster, low-cost cross-border payments between India and the Euro area, with RBI and ECB starting work on technical integration

Paytm nears pre-curbs UPI levels, still playing catch-up on market share

Paytm logged 1.52 billion UPI transactions in October - its strongest in 20 months - yet its market share stayed below early 2024 levels as overall UPI volumes surged across the ecosystem

Stan secures investment from Sony Innovation Fund in Series A round

Social gaming platform Stan has added Sony Innovation Fund to its Series A round, taking total fundraising to $10.5 million as it ramps up AI-led personalisation, creator tools and global expansion

Easebuzz secures authorisation to operate as full-stack payment aggregator

Fintech firm Easebuzz has received RBI approval to function as a full-service payment aggregator, enabling online, offline and cross-border payment capabilities across its merchant network

Yubi Group raises ₹411 crore to fund global expansion and AI investments

Yubi Group has secured Rs 411 crore through structured debt and fresh equity, enabling the fintech firm to expand into global markets

Infibeam Avenues, PayU receive RBI authorisation to operate as PA-P

Infibeam Avenues, PayU have received RBI approval to operate as physical payment aggregators, enabling them to deploy PoS devices and expand their offline payments footprint

Navi Mumbai airport to start commercial operations from December 25

NMIA will begin with limited operations, expand in February, and ease the load on Mumbai's main airport

Juspay aims for $1 bn revenue before exploring IPO: Fintech's cofounder

Global expansion will drive growth before any listing move, says Sheetal Lalwani

Card payments get a tech lift as fintechs expand device tokenisation

This contrasts with card-on-file tokenisation (CoFT), where tokens are stored on the merchant's or the payment processor's servers instead of the user's device

DPDP rules implementation: Demand for consent managers likely to rise

Will maintain log of consents given, denied, or withdrawn

DPDP rules: Training AI models using data likely to need a rethink

The new rules require informed consent along with easy provisions to revoke it for any personal data processing

Infibeam posts ₹66.5 cr net profit in Q2, revenue from ops grows 94%

Digital payments firm Infibeam Avenues reported a 51% rise in Q2FY26 net profit to ₹66.5 crore, driven by strong transaction volumes, new merchants, and AI-led efficiency gains

PhonePe partners with OpenAI to integrate AI features across its platform

PhonePe said the collaboration will enable OpenAI's ChatGPT to be discoverable across its consumer app and the PhonePe for Business app

Sebi warning triggers surge in withdrawals from digital gold fintechs

Following Sebi's warning that digital gold lies outside its regulatory scope, fintechs are facing scrutiny over vault practices, investor safety, and KYC compliance

super.money issues 470,000 RuPay credit card in partnership with banks

Fintech super.money issued over 4.7 lakh RuPay credit cards through Axis Bank, Kotak811, and Utkarsh SFB, expanding access to first-time credit users across India

Nazara Technologies reports ₹29.35 crore Q2 loss on Moonshine write-down

Nazara Technologies posted a Rs 29.35 crore Q2 loss after a Rs 914.7 crore impairment in Moonshine Technologies, even as revenue rose 65% to Rs 526 crore

RBI recognises SRPA as self-regulatory body for payment system operators

The RBI has recognised the Self-Regulated PSO Association (SRPA) as an SRO for payment system operators, marking a key step in strengthening oversight and governance in digital payments