digital payments

The Reserve Bank of India has officially released a comprehensive draft Master Direction on Prepaid Payment Instruments (PPIs), marking a significant regulatory overhaul designed to streamline the digital payments landscape in India. Issued in April 2026, this draft framework seeks...

PhonePe has once again solidified its position as the undisputed leader of India's digital payments ecosystem, recording a staggering 8.93 billion UPI transactions in July 2025. This performance represents a commanding 45.88% market share in terms of transaction volume,...

In a significant move to tackle the escalating issue of financial cyber crimes across the nation, the Department of Telecommunications (DoT) has introduced the Financial Fraud Risk Indicator (FRI). This new tool is designed to empower banks, UPI service...

Amazon has announced the elevation of Madhavan Sekar to the position of Head - Marketing for Amazon Pay. In this new role, Sekar will be responsible for spearheading the marketing strategies and initiatives to further drive the adoption and...

M.N. Srinivasu, Co-Founder of BillDesk, has been elected as the new Chairman of the Internet and Mobile Association of India (IAMAI) for the 2025–2027 term. Srinivasu will take over the leadership reins from Harsh Jain, the Co-Founder and CEO of...

Cashfree Payments, a rapidly expanding fintech firm, has made a strategic move by appointing Nitin Pulyani as the Head of Product and Senior Vice President. Pulyani will be instrumental in driving product innovation and leading strategic growth initiatives aimed...