API (Application Programming Interface) Banking refers to a set of tools, protocols, and routines that connects banks and other financial institutions with a third-party API Banking platform such as FidyPay.
BBPS is an integrated online platform developed by NPCI for different kinds of bill payments. It is an interoperable service that enables payment collection for over 200 billers across 22 varied categories.
eNACH or Electronic National Automated Clearing House is a new payment collection service in India that allows bank account holders to automate payment collections from customers.
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The Digital India movement has led to the widespread adoption of digital technology, which has resulted
The key objectives of demonetization were to wipe out black money, eradicate fake currency notes, and
A digital currency would bear the same legitimacy as a currency note issued by a bank.
The Reserve Bank’s (RBI) decision to raise the benchmark lending rate by 35 basis points is
Budget 2023-24: The National Payments Corporation of India (NPCI) recently permitted non-residents from 10 countries, including