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How we can create an app like Phonepe and Gpay that are QR based for payment purpose What are the challenges for merchants in using these apps which can be resolved?- if anybody is using these apps as a merchant pls guide What are the legal require

The RBI released a framework for self-regulatory organizations (SROs) in the fintech sector to balance innovation with regulatory compliance. Key points: •SROs must represent the fintech sector, including RBI-regulated entities, facilitating self-g

Reliance Jio Launched Free ‘Sound Pay’ Feature on Its Jio Bharat 4G Feature Phones Merchants Won’t Need To Pay For Soundbox They Can Use Their Mobile as Soundbox Another Interesting and UPI Friendly Feature

Opened a start-up current account with Yes Bank. Out of service area so the RM has to get permission from head office. Yesterday RM called saying RBI has frozen the account because allegedly they called me to verify and I said "we never applied for

Want to know why 95% of people stay stuck? They can't handle being wrong. Show them a blind spot - they get defensive. Point out a mistake - they get emotional. Offer feedback - they take it personal. While the top 5%? They hunt for corrections.

A few days ago, Flipkart introduced its new UPI service, Supermoney. ⏮️The interesting part: Let's go back a few years - Dec, 2015: 3 former Flipkart exec's start PhonePe. Apr, 2016: Flipkart acquires PhonePe for $20 M. Aug, 2018: Walmart acquires

why the RBI isn't taking any action against P2P platforms for accepting lenders' money on their own balance sheets. According to RBI guidelines, P2P platforms cannot accept money on their own balance sheet or provide rapid liquidity to any lender, ye

PhonePe/Gpay revenue Model :- Someone anonymously asked about revenue model of these two so let's break it down for him and for everyone else who is interested in it and is not aware of. I am assuming you are already familiar with such UPI platfor

This is crazy! Bytedance, the parent company of TikTok made $120 Billion in revenue and $40 Billions in Ebitda in 2023. For comparison, Google made $97 Billion, Amazon got $100 Billion while Tesla just got little over $15 Billion in Ebitda in tge s

❗❗Important For All ❗❗ A $450 million Indian startup, Zest Money, shut down due to strict RBI regulations, highlighting the risks of external factors in business. 🚀 $450 million valuation: Zest Money was a leading player in the buy now pay later s