Tag: India

Mobile payments, Paytech

Indian government set to spend $320m to boost adoption of digital payments

January 19, 2023

Via: FinTech Futures

Banks will be financially incentivised to promote point-of-sale (POS) and e-commerce transactions using RuPay debit cards and the BHIM payments app through to the end of the financial year 2022-23, with ₹2,600 crore ($318.4 million) earmarked for the scheme. BHIM […]

Invest tech, RegTech

India Freezes Additional Bitcoin Amid Mobile Gaming App Investigation

October 21, 2022


India’s ED Freezes More Bitcoin in E-nuggets Case India’s Enforcement Directorate (ED) announced Thursday that it has frozen 44.5 bitcoins under the country’s Prevention of Money Laundering Act (PMLA). The ED is the government of India’s law enforcement and economic […]