According to the BIS, a credit transfer is a payment order made for the purpose of placing funds at the disposal of the beneficiary, with the payment instructions and funds moving from the bank of the ...

Electronic payment can refer just to e-commerce–or payments for buying and selling goods or services offered online–or to any type of electronic funds transfer. It includes such payment channels as ...

Don't miss CoinDesk's Consensus 2022, the must-attend crypto & blockchain festival experience of the year in Austin, TX this June 9-12. As the U.S. Congress considers a digital dollar that replicates ...

Under the Fair Labor Standards Act, a small business employer may pay wages in cash or a negotiable instrument payable on demand, such as check or direct deposit. The state labor department ...

Digital payment transactions accounted for 99.7 per cent in terms of volume and 97.5 per cent in value in the payments system during calendar year 2024, and the trend continued in the first half of ...

The Reserve Bank of India (RBI) has permitted authorised bank and non-bank and non-bank prepaid payment instrument (PPI) issuers to issue cards for making payments across various public transport ...

Enterprise API Payments app Cashfree Payments on Tuesday secured Reserve Bank of India’s (RBI) Prepaid Payment Instrument (PPI) licence. The company said that it is one of the first fintechs to have ...

Junio Payments has secured an in-principle authorisation from the Reserve Bank of India (RBI) to issue prepaid payment instruments (PPIs) Junio plans to roll out a wallet linked to UPI, allowing users ...

Mehul Mistry, Global Head-Strategy, Digital Financial Services & Partnerships, Wibmo, A PayU Company. As of today, Prepaid Payment Instruments (PPIs) are well ingrained into the country’s payment ...