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Credit Cards Are Out, UPI is In: Why India’s Rich Are Ditching Plastic for Digital Payments For decades, the ultimate status symbol in a wallet was a premium, metallic credit card. It signaled financial standing, offered exclusive perks, and was the go-to tool for any significant purchase. However, a quiet but powerful revolution is underway…
RBI Payment Aggregator Guidelines 2025 : A New Chapter for India’s Digital Economy India’s digital payment ecosystem is a global phenomenon, a revolution that has transformed how we transact, from street-side vendors to multi-crore businesses. At the heart of this transformation lies the seamless infrastructure facilitated by Payment Aggregators (PAs) and Payment Gateways (PGs). These…
NBFC surrender licenses The Indian financial landscape was stirred by a significant announcement from the Reserve Bank of India (RBI) on Friday, September 12, 2025. The central bank revealed that nine Non-Banking Financial Companies (NBFCs), including industry heavyweights like PhonePe Technology Services and Aditya Birla Finance, have surrendered their Certificate of Registration (CoR). This news…