- RBI provides regulatory supervision and undertakes security initiatives for UPI, while officials discuss usage numbers.
- The Union Ministry of Finance proposed amendments to the Indian payment system, which the RBI is now regulating under the Payment and Settlement Systems Act.
- A bill was passed by the Indian Parliament, permitting charges on electronic payment systems.
The government has introduced a bill in the Lok Sabha to change the digital payment system in India, amid US pressure over policies.
23 reports, 1 independent
Updated Sep 22
Gone quiet
- Reports
- 23
- Developments
- 1
- Repetition
- 96%
New informationRepeats or wire copies
AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
The government has introduced a bill in the Lok Sabha to change the digital payment system in India, amid US pressure over policies.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
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Visa Inc.
American multinational financial services corporation
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Mastercard
American multinational financial services corporation
Related events
- Bandhan Bank and Mastercard launched a new credit card business in India, citing the country's shift toward digital payments.
- UPI is gaining ground in the market, leading to a competitive challenge to the usage share of established card networks like Visa and Mastercard.
- Mastercard and Circle are competing for dominance in the digital payment infrastructure.
- Visa Inc. and PhonePe jointly launched new payment solutions in India, targeting Indian consumers.
- Visa and Mastercard are expanding their digital payment strategies, focusing on tokenization and stablecoin card launches in India and Colombia.
Coverage
Newest first; wire copies grouped22 more outlets ran the same wire story
- trak.in
- indiatimes.com
- rediff.com
- indiatimes.com
- rozanaspokesman.com
- siasat.com
- orissapost.com
- deccanchronicle.com
- rediff.com
- rediff.com
- prokerala.com
- theshillongtimes.com
- siasat.com
- orissapost.com
- morungexpress.com
- livemint.com
- dailyexcelsior.com
- orissapost.com
- rediff.com
- livemint.com
- calcuttanews.net
- indiagazette.com