Wix now offers Indian businesses more versatile payment options, including robust third-party gateways with UPI support, aiming to streamline online payment processes amid diverse consumer preferences and operational needs. Wix has become a common choice for businesses that want to…
India’s MSME sector awaits ₹8.1 lakh crore in unpaid bills, prompting new legislation to enforce payment discipline, streamline dispute resolution, and promote timely payouts through TReDS, aiming to bolster small business cash flow and reduce reliance on credit. India’s micro,…
PayMe India marks its 10th anniversary with a focus on expanding financial health tools, innovative credit education, and strengthening its position as a leading digital lending ecosystem across India, with plans for international expansion. PayMe India is marking its 10th…
As Parliament stalls on comprehensive crypto laws, India’s Enforcement Directorate has expanded its role, deploying raids, asset freezes, and new guidance to shape the country’s growing digital asset industry and tackling crypto fraud, terrorism financing, and cross-border remittances. India’s Enforcement…
Mumbai-based fintech startup GetVantage raises Rs 63 crore in a Series A1 funding round, aiming to expand its small business financing platform and strengthen its role in embedded lending for merchants through innovative API solutions. Mumbai-based fintech startup GetVantage has…
The Reserve Bank of India has expanded its relief measures for banks raising foreign currency deposits, exempting certain loans from priority sector targets to stimulate overseas inflows, which have surged to over $40 billion. The Reserve Bank of India has…
India’s parliament has approved a legal amendment that grants the government more authority to impose fees on certain digital transactions in the future. Currently, routine UPI transfers remain free for users, but the changes open the door to potential charges,…
The Reserve Bank of India has proposed draft amendments to limit the use of revolving credit facilities by non-banking financial companies, aiming to enhance transparency and reduce financial risks in short-term lending products. The Reserve Bank of India has moved…
Flipkart-backed super.money introduces SplitStore, an in-app marketplace enabling instalment purchases without a credit card, signalling a strategic move towards embedded credit amid recent legislative changes to India’s payment system and the evolving digital finance landscape. Flipkart-backed super.money has launched SplitStore,…
India’s dominant digital payment system, UPI, has transitioned from a contactless experiment to a vital economic infrastructure. While its rapid growth has prompted debates over merchant fees, government support and policy decisions remain crucial to sustain its future development. India’s…
