What Ails RuPay Credit Cards?

Government unveils new scheme to promote RuPay debit cards & low-value BHIM-UPI transactions - ET BFSI

The scheme aims to incentivise banks, payment system operators and app providers to promote P2M transactions.

Decoding the UPI growth story through the eyes of a duopoly - The Economic Times

The growing popularity of UPI has brought focus back on concentration risk and a highly lopsided market share situation. Read more

MDR continues to suppress RuPay credit card growth - Financial Express

Considering linkage to UPI, a sizable share of customers may opt for RuPay but merchant adoption remains a challenge.

Young Indians' online purchases pay off for credit card companies - ET BFSI

FSS CEO, V Balasubramanian, talks about how the younger generation owns a bigger pie of credit card ownership and spends. Read more

Why has credit on UPI not picked up despite the promise - ET BFSI

A lack of clarity around the interchange fee structure and lower adoption rates among smaller merchants have hindered the uptake of credit transactions through UPI. Read more

Is the BNPL wave ebbing globally? - ET BFSI

BNPL services appear to be facing a downturn as recent data indicates a significant decline in interest in this payment method. Read more

UPI space set to hot up as banks enter the fray aggressively - Financial Express

Leading banks such as SBI and Axis Bank are looking to increase their UPI market share through innovations that can be used by both customers and non-customers. Read more

NPCI plans to limit digital payments via major UPI platforms - One India

NPCI has noticed that Google Pay and PhonePe are dominating the market a bit too much, which could soon pose a problem for UPI's balanced growth. Read more

Key payment gateway features every online business needs - FSS Knowledge Hub

Selecting a payment gateway is not easy, given the vast array of options available. This choice becomes easier with a payment gateway that checks the right boxes and comes with key features for online businesses. Read more

NPCI's Praveena Rai on shaping India's payments landscape - Forbes India

Rai is responsible for promoting the growth of NPCI’s products and introducing new use cases for its flagship products such as UPI and RuPay. Read more

RBI's journey of 90 years: The building of India's financial fortress - Business Standard

The Reserve Bank of India (RBI), which performs the dual role of monetary policymaking and regulating banks, enters its 90th year on Monday.