India’s payments ecosystem runs largely on UPI, a free rail that limits direct monetisation on the consumer side.

The Bank of America Global Research report states that payments remain the foundation of India’s fintech ecosystem, driven largely by the rise of UPI.

A year after shutting down its buy-now-pay-later (BNPL) product, Paytm revived its credit on UPI service, Paytm Postpaid, in September as a credit line on UPI Besides, the company also announced an ...

Indian fintech giant Paytm has received long-awaited approval from the country’s central bank to operate as a payment services provider for online merchants — just days after one of its Chinese ...

In a filing with the exchanges, the fintech giant said that the central bank granted the certification of authorisation to its subsidiary on November 26 This comes three months after PPSL received an ...

BENGALURU, Aug 12 (Reuters) - Indian fintech firm Paytm's (PAYT.NS), opens new tab Payment Services unit has got 'in-principle' approval from the country's central bank to operate as an online payment ...