In early February 2018, the popular messaging app WhatsApp launched a WhatsApp Payments feature in the beta version for one million users. This came quickly on the heels of the launch of Tez, a digital payment app by Google. Both of these features aim to permanently change the way people conduct payments in India and are the biggest payment trends […]

In an effort to improve the security of digital transactions, the Reserve Bank of India made it mandatory for all digital wallets to comply with KYC norms in India. In the past, prepaid payment instruments (PPIs) as digital wallets are technically called, did not require any KYC documents for a user to register and conduct transactions. However, the RBI has […]

Since 9th November 2016, the two high-denomination currencies of our country, the 500 and 1000 rupee notes, lost their monetary worth. When Prime Minister Modi announced about this demonetization in the Prime Time News the previous evening, it took the whole country by surprise. This masterstroke by government to fight the financial issues of the country, like black money hoarding, […]