Dilip Asbe, the CEO of National Payments Corporation of India (NPCI), said fintech founders should remember that there is "no grey area" regarding regulations.
"Whatever is not written in regulations means a no…" He added.
UPI, established by the National Payments Corporation of India (NPCI) in 2016, is the dominant payment platform in India, processing over 75% of the country's retail digital payments.
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Ashutosh Mishra
Chartered Accountant • 6m
𝗨𝗣𝗜 𝗧𝗿𝗮𝗻𝘀𝗮𝗰𝘁𝗶𝗼𝗻 𝗟𝗶𝗺𝗶𝘁 𝗧𝗼 𝗕𝗲 𝗜𝗻𝗰𝗿𝗲𝗮𝘀𝗲𝗱 𝗙𝗿𝗼𝗺 ₹𝟭 𝗟𝗮𝗸𝗵 𝗧𝗼 ₹𝟱 𝗟𝗮𝗸𝗵 𝗙𝗼𝗿 𝗖𝗲𝗿𝘁𝗮𝗶𝗻 𝗖𝗮𝘁𝗲𝗴𝗼𝗿𝗶𝗲𝘀
The National Payments Corporation of India (NPCI), which manages UPI, has raised the per-transac
Paytm shareholders are ignoring this? 📛📛
The fintech giant was the only UPI app to be making money on UPI. And now that’s no more possible.
Here's all you should know!
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The thing is, NPCI (via Govt grants) compensates the banks to up keep the
Exciting Update!
We are thrilled to announce that we have successfully developed a Service Payment Link feature on Avriti! Now, freelancers can accept both international and domestic payments in multiple currencies, including dollars, euros, and rup
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Hawk
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Devza • 9m
Some Information about Paypal - India
- You can’t use Paypal balance to pay anyone, the balance auto-withdraws to your stored bank account at the end of the day.
- Pan card must be added to your Paypal account
- Account purpose should be chosen to e
Top News of the Day:
1. Quick commerce company Zepto has raised $340 million in a follow-on financing round led by General Catalyst
2. Jio is world's largest mobile data company; filed 350 patents for 5G, 6G tech
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Just got a hovering Idea that there are consultancy companies for large companies but MSME in India and in other countries also go through nearly similar problems, it's sad and at the same time intresting to find out a grey area where there are no co
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1 replies4 likes
Mridul Das
Introvert! • 10d
Ever wondered how the big companies actually work? Here's a quick breakdown!
📌 Business – An umbrella term for any commercial entity.
🏢 Company – A business that is its own legal entity.
🤝 Partnerships – Owned & run by multiple people.
🏛️ Corpor
The challenges of MSMEs that aspiring entrepreneurs could work on solving:
1. Legal and Business Compliances
Navigating the maze of legal & business regulations can be a major hurdle for small enterprises, often requiring significant time & effort
💰 The dollar's share in international transactions has hit a 12-year high at 49.1% 🌍💵. But there’s a catch.
💶 While the dollar gained 5% over two years, the euro plummeted by 18%, from 39% to 21%. Essentially, the U.S. is pulling the rug out f
