All posts tagged "digital payments"
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405IndiaRBI Issues New Framework on Offline Digital Payments
Offline digital payments are expected to benefit areas with weak internet or telecom connectivity, particularly semi-urban and rural areas.
January 6, 2022 -
1.1KAsia-PacificBangko Sentral’s ‘Deliberate Approach’ to Sustainable Finance
Deputy governor Chuchi Fonacier explains the BSP's policy approach to sustainability, highlighting the central bank's role as an 'enabler', 'mobiliser' and 'doer'.
December 14, 2021 -
327Asia-PacificBSP Urges Rural Banks to Promote Financial Inclusion Through Tech
As of end-June 2021, there were over 3,000 rural banks nationwide. However, only 21 of them offer PESONet and 11 offer InstaPay for electronic fund transfer services.
December 8, 2021 -
228Asia-PacificSri Lanka Rolls Out National QR Payments Solution
LANKAQR targets SMEs and customers will not be charged for payments made by scanning a QR code with their mobile device.
November 13, 2021 -
303Fintech / RegtechRBI Announces Fraud Theme for Fourth Sandbox Cohort
The RBI said ‘prevention and mitigation of financial frauds’ will be the theme for the fourth regulatory sandbox cohort.
October 12, 2021 -
164Asia-Pacific
BSP Directs Payment Systems to Adopt PFMI Standards
Designated payment systems are expected to demonstrate adequate governance and risk management arrangements in line with the PFMI.
September 18, 2021 -
310Asia-PacificIndia’s UPI to Extend QR Payments to 10 Asian Markets
Users of NPCI's BHIM mobile app will be able to make UPI QR-based payments at merchants progressively across north and southeast Asia from early 2022.
September 17, 2021 -
294Australia & NZAustralia Payments System Review Exposes Regulatory Gaps
The review recommends enhancing the government's powers to protect the payments system. A single, integrated licensing framework for payment services should also be introduced.
August 31, 2021 -
260Asia-PacificBSP to Roll Out Unified Data Standards for FIs by Year-End
The framework seeks to ensure that all the information obtained by and passed through different digital channels is handled ethically.
August 25, 2021 -
251FeatureIndia Launches New Digital Payment Solution Nationwide
e-RUPI is a QR code or SMS string-based prepaid e-voucher that can be used for purchases without an app, card, bank account, or internet access.
August 5, 2021
