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MindStick "Single Block, Multiple Debits" feature on UPI introduced for investments and e-commerce.
According to the RBI, money will stay in a customer's account until the actual delivery of goods or services.
On December 1, RBI will launch its first retail digital rupee pilot.
The digital rupee, which is a virtual representation of India's fiat currency, is built on the blockchain.
On news of the sale of a Softbank stake, shares of Paytm Parent One97 decline.
In just six months, Softbank's flagship Vision Fund unit lost close to $50 billion
The government announced in September that MTNL and BSNL had each received the sovereign guarantee.
State-run telecom giants MTNL and BSNL aim to raise $2.34 billion, according to three merchant bankers.
Beginning November 1, RBI will introduce a pilot programme for the Digital Rupee.
Nine banks are chosen to take part in the wholesale e-rupee (e-W) pilot project.
PayPal claims it never intended to fine for "Misinformation"
Additionally, right-wing politicians and social media influencers seized on the PayPal controversy.
RBI has released a concept note on central bank digital currency and digital rupee.
The concept note also covers important issues such technology and design options, potential applications for the digital rupee, and issuance procedures.
6 important tips to remember before making UPI transactions
Users must be cautious and certain while making payments in the digital age, because completing a transaction only takes a single click.
RBI Unlikely to Extend Card Tokenisation Deadline Despite Payment Failures, Revenue Losses, Bankers
The central bank has not yet made any indication that a deadline extension is possible, despite a request from smaller retailers to postpone the compliance date