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Business

Fearing erosion of trust in digital payments, industry bodies urge the Reserve Bank of India to extend the card-on-file tokenization deadline

The Merchant Payments Alliance of India (MPAI) and the Alliance of Digital India Foundation (ADIF) have together voiced their concerns over industry readiness on the recent Reserve Bank of India (RBI) directive on card-on-file tokenization (CoF) […]

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Business

PhonePe hits the 250 million user mark in India

PhonePe, India’s largest digital payments platform, today announced that it has crossed the 250 million registered user milestone. The company reported over 100 million monthly active users (MAU) and 2.3 billion app sessions in October […]