Tag : Reserve Bank of India

Reserve Bank of India Approves Biometric Payment Authentication Technology
Banking Digital Payments News

Reserve Bank of India Approves Biometric Payment Authentication Technology

GlobeNewswire
by GlobeNewswire0
Reserve Bank of India (RBI) has approved biometric authentication technology for digital payments, including IDEX’s fingerprint payment solutions, through new authentication mechanisms for digital payment transactions directions effective April 2026. The RBI mandate specifically endorses fingerprint biometric authentication as an approved method for India’s digital payment ecosystem, moving beyond traditional......
Mswipe Technologies Receives an In-Principal Payment Aggregator License From RBI
Banking Digital Payments News

Mswipe Technologies Receives an In-Principal Payment Aggregator License From RBI

Fintech News Desk
by Fintech News Desk0
The Reserve Bank of India (RBI) granted Mswipe Technologies, India’s top point of sales (PoS) solutions provider and an end-to-end digital payment enabler for MSMEs, has received an in-principal Payment Aggregator (PA) License. As opposed to previously outsourcing their transaction settlement to partner companies, Mswipe will now be able to......
Juspay launches OpenPPI to support Interoperability of Prepaid Instruments
Digital Payments Digital Wallet News

Juspay launches OpenPPI to support Interoperability of Prepaid Instruments

Fintech News Desk
by Fintech News Desk0
RBI issued a regulation to make Prepaid Instruments (PPI) Interoperable by 31st Mar’22 to drive financial inclusion and improve PPI acceptance Juspay Technologies, the pioneers of 1-click, frictionless digital payments in India, announced the launch of its new offering ‘OpenPPI’ that helps Prepaid Instruments (PPI) like digital wallets implement and comply......
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