India’s Securities and Exchange Board launches Demat 2.0, a blockchain-enabled pilot using the digital rupee to settle corporate bonds, potentially transforming the country’s debt market. India has begun testing a blockchain-based system for corporate bonds that uses the Reserve Bank…
Petrol pump dealers in Madhya Pradesh plan to stop accepting UPI payments above Rs 2,000 from October 16, citing the new merchant discount rate aimed at digital fuel purchases, prompting industry concerns over margins and payment exemptions. Petrol pump dealers…
The Indian government’s move to introduce a merchant discount rate on large UPI transactions is facing opposition from traders and fuel retailers, raising concerns over reduced acceptance and increased reliance on cash payments amid fears of economic disruption and impacts…
As B2B transactions grow more complex, payment gateways are evolving beyond simple card acceptance to integrate invoicing, reconciliation, and international payments, transforming corporate finance operations. B2B payments are moving far beyond simple card acceptance, with finance teams now expected to…
Arya.ag, India’s leading agricultural warehousing firm, is digitising over $2 billion of grain-backed lending records on the Avalanche blockchain to enhance transparency and streamline credit processes for lenders, marking a significant shift in blockchain adoption within traditional financial infrastructure. Arya.ag,…
India advocates for expanding central bank digital currency links among BRICS members to enhance cross-border transactions, while avoiding a unified payments network that could challenge the US dollar, amid cautious diplomacy and technical hurdles. India is set to press its…
Singapore-based payments company Dtcpay completes a $25 million funding round, backed by Japan’s SBI Group, to enhance stablecoin acceptance and build regional digital-asset infrastructure amidst ongoing expansion plans in Asia and Europe. Dtcpay has completed a $25 million Series A…
Small traders in Kerala have announced a boycott of UPI transactions on October 15 in opposition to new charges introduced by the government, citing increased operational costs amid growing digital adoption. The Kerala Vyapari Vyavasayi Ekopana Samithi has said it…
REPAY argues that embedding security into payment infrastructure rather than overlaying controls improves user experience and reduces fraud, advocating for proportionate measures like tokenisation and unified frameworks across channels amid rising industry compliance demands. When security is built into the…
SBI Group and Kyobo Life Insurance have successfully tested a cross-border digital transfer model that converts yen-linked tokens directly into won-linked tokens, potentially revolutionising institutional settlement with faster, cost-effective processes at a time when local-currency digital transactions gain momentum. SBI…
India’s Unified Payments Interface will implement a 0.4% merchant discount rate for transactions above Rs 2,000, shifting the free model for larger payments and prompting merchants to evaluate costs relative to card payments. India’s Unified Payments Interface will no longer…
Protean eGov Technologies has unveiled a new KYC onboarding and reporting platform in Mumbai at the Global Fintech Fest 2026, promising to make India’s Central KYC system more efficient for financial institutions through AI, automation, and reuse of verified customer…
