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Consistent use of digital payments can help vendors establish a financial history, potentially opening doors for future loans

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In a First, RBI Allows Fintech Unicorn Slice To Merge with North East Small Finance Bank

In a first-of-its-kind development in the banking sector, the Reserve Bank of India (RBI) has approved the merger of financial technology (fintech) credit and payment company slice and Guwahati-based North East Small Finance Bank (NESFB). With this deal, slice, the fintech, would become a small finance bank.

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NITRA Holds Multi-sectoral Forum on Fintech

NITRA Holds Multi-sectoral Forum on Fintech
thisdaylive.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thisdaylive.com Daily Mail and Mail on Sunday newspapers.

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Pay Upto Rs 500 Without PIN Using UPI Lite: Transaction Limit Increased From Rs 200 Now - Trak in - Indian Business of Tech, Mobile & Startups

Pay Upto Rs 500 Without PIN Using UPI Lite: Transaction Limit Increased From Rs 200 Now - Trak in - Indian Business of Tech, Mobile & Startups
trak.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from trak.in Daily Mail and Mail on Sunday newspapers.

Central bankNational common mobility cardReserve bankSettlement systems actRural digital transactionsOffline paymentsFacilitating small value digital paymentsDigital paymentsFrom offline mode pilots

Enhanced transaction limit of Rs 500 for offline payments comes into force

The RBI had proposed to increase the limit on August 10 while sharing the outcome of the monetary policy committee meeting

Facilitating small value digital paymentsOffline modeReserve bankSettlement systems actDigital paymentsOffline payments