PB Fintech shares in focus after RBI clears PB Pay as online payment aggregator

PB Fintech shares will be in focus after its subsidiary PB Pay received RBI’s in-principle nod to operate as a payment aggregator. While this marks a key regulatory milestone, the stock trades above key short-term averages and shows bullish technical signals. Analysts maintain a ‘Hold’ rating with a 7% upside potential. The stock closed 5.8% …

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India targets 300 million new users for UPI payments platform

India aims to onboard millions to its Unified Payments Interface (UPI) and promote its global adoption. NPCI plans to add 200-300 million users by introducing delegated accounts and expanding features. While UPI’s popularity surges, discussions around reinstating transaction fees to ensure viability are ongoing, potentially impacting future growth.

UPI no more a technology, it’s a population-scale habit: FIDE CEO Sujit Nair

You have 500 million people using DPI, UPI as a way of life, and that idea, that way of thinking of how do you bring large population, especially the people who probably do not have formal access to the economy, bring them together closer and make government, public, private sector all come together to serve …

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Findi completes AUD 30 Million acquisition of BANKIT

This announcement comes after Findi raised AUD 45 million (INR 243 crore), acquired Tata Communications Payment Solutions and its Indicash brand, expanded its ATM network with SBI, and secured a INR 500 crore mandate from Union Bank of India to deploy ATMs across India, earlier this year.