Page-3 of Mobile payments in India

OBOPAY secures PPI license from Reserve Bank of India (RBI)

OBOPAY, the global mobile payment solutions company, has recently secured a license for Prepaid Payment Instrument (PPI) from the Reserve Bank of India (RBI) to operate a semi-closed loop wallet in India. Using the PPI license, OBOPAY will solve various ..

Axis Bank launches ripple-powered instant payment service for retail and corporate customers

Private sector lender Axis Bank has recently launched instant international payment services using Ripple’s enterprise blockchain technology solution for retail and corporate customers. The bank has launched a service for its retail customers in India to receive payments from RAKBANK ..

Airtel Payments Bank become India’s first payments bank to integrate UPI on its digital platform

The Airtel Payments Bank (APB) has become the India’s first payments bank to integrate the UPI on its digital platform. This will add to customer choice and convenience for making secure digital payments to online/offline merchants and making instant money ..

The Reserve Bank of India (RBI) approves Spice Digital to process bill payments under BBPS

The Spice Digital Limited (SDL) has received the final licence from the Reserve Bank of India (RBI), to process bill payments as a Bharat Bill Payment Operating Unit (BBPOU) in the Bharat Bill Payment System (BBPS). The BBPS is a ..

Tata Power becomes first power utility to introduce a QR code based bill payments system in India

Tata Power has become the first power utility to introduce a QR code based bill payments system in India. The QR code linked to Unified Payments Interface (UPI) will be printed on the electricity bills. The customers can scan the ..

BSNL launches “BSNL Wallet” with MobiKwik

The Bharat Sanchar Nigam Ltd. (BSNL) has launched its mobile wallet “BSNL Wallet” in partnership with MobiKwik to enable one-tap bill payment for its over 100 million subscribers. This digital wallet was launched at an event by Manoj Sinha, Minister ..