industry insiders say, the success rate of token-based transactions is higher, but inadequate testing of certain use-cases may result in some transactions not going through
PhonePe said it is working with three major card networks, Visa, Mastercard, and RuPay, to meet the regulator's tokenisation deadline of September 30.
Russia's disconnection from the SWIFT international payment system could result in unexpected consequences, as several countries are now considering the development of alternative instruments
Rama Mohan Rao Amara, MD & CEO, SBI Card spoke on the reasons behind record spends, the company's ideal run rate of issuance of credit cards, impact of RBI's discussion paper on payment charges.
The RBI has allowed the linking of RuPay credit cards with UPI. But it will also carry a merchant fee. Will UPI on credit cards take off? Or the merchant fee will spoil the party? Let's find out
NPCI set to seek RBI nod for scheme; free swipes at smaller outlets
NPCI will come up with the guidelines in consultation with the ecosystem. It will send a formal proposal to the RBI, and after the apex bank's nod, it will be operationalised.
RuPay transaction volumes rose marginally during the pandemic, value rose 40 per cent
What to look for in Q4 FY22 corporate earnings? What are Tata Consumer Products MD Sunil D'Souza's business plans? Is the selling in Indian equities overdone? What is RuPay? Find all answers here
Chief operating officer of National Payments Corporation of India, Praveena Rai, had said the aim of RuPay was to serve the entire population. That's an ambitious goal. Let's understand what RuPay is.
Praveena Rai, chief operating officer, National Payments Corporation of India speaks to Subrata Panda about the journey of RuPay and the aim of the umbrella organisation for operating retail payments
RuPay aims to empower every Indian with a world class payment solution
The three other countries that have the RuPay card are Bhutan, Singapore and the United Arab Emirates
Praveena Rai, Chief Operating Officer of NPCI, said it was delighted to partner with BCCI for IPL, one of the most celebrated sports leagues
Digital transactions have increased many times, but their average ticket size is not growing for the domestic payments card.
Worldline said that it has developed a fully interoperable plug-and-play solution to enable card on file tokenisation using single integration
In a country where many state initiatives have been marred by glitches, delays, and corruption, RuPay and the UPI are revolutionary achievements
The solution will help merchants enable their end-customer to continue experiencing the saved card transactions with enhanced security
The solution will help merchants enable their end-customer to continue experiencing the saved card transactions with enhanced security
According to Mashable, this move means that Apple users can now pay using domestic payment systems as well as international payment systems