The Future of Credit Card Transactions in India: Embracing the Contactless Revolution
Home / Blogs Table of contents The Benefits of Contactless Payments The Future Outlook Conclusion As India advances in its digital transformation journey, the payments landscape is rapidly evolving. Over the past decade, driven by smartphones and government initiatives like Digital India, the financial ecosystem has seen significant shifts. One of the most notable changes […]
Revolutionising Transit within India: Pure NCMC Cards for Effortless Mobility
Home / Blogs Table of contents Introduction Streamlining Travel Payments with Stand-alone NCMC Cards Effortless Payment Process with Pure NCMC Cards Transforming Travel with Pure NCMC Cards In India, where millions rely on public transportation for their daily commute, the introduction of the Pure National Common Mobility Card (NCMC) is a game-changer. The Pure NCMC […]
The Rising Trend of Cashless Payments
Home / Blogs Table of contents Introduction Key Benefits Conclusion In recent years, the world has witnessed a remarkable surge in the adoption of cashless payment methods. Cashless payment refers to any transaction that does not involve physical cash and utilises electronic methods to transfer funds. This can include various forms such as credit or […]
Digital Payments: Revolutionising India’s Financial Landscape
Home / Blogs Table of contents UPI: The Backbone of India’s Digital Payments IMPS and NEFT: Real-Time and Reliable Fund Transfers Prepaid Cards, Wallets & Contactless Payments on the Rise Government-Led Innovations: e-RUPI & CBDC AEPS: Biometric-Driven Financial Inclusion AI and ML Enhancing Security and Customer Experience Open Banking & API Integration: The Future of […]
CBDC: Analyzing the nascent experience in China, Nigeria, and Sweden
Home / Blogs Table of contents China’s e-CNY (under pilot): Nigeria’s eNaira (launched): Sweden’s eKrona (under pilot): References: The Reserve Bank of India (RBI) will debut the Digital Rupee in the Financial Year 2022-23, according to the Hon’ble Finance Minister of India’s Union Budget Speech on February 1, 2022. Meanwhile, China’s e-Yuan, currently in pilot mode, had […]
Will the internet-free digital payments UPI Lite take off in India?
Home / Blogs Table of contents What is UPI Lite? How Does UPI Lite Work? The Impact on India’s Digital Payment Ecosystem Conclusion: Enabling the Future of Offline Digital Payments with CARD91 What is UPI Lite? With the rise of financial inclusion and digital transformation, the National Payments Corporation of India (NPCI) is now introducing […]
What are the new RBI norms with regard to recurring card payments? – All you need to know
Home / Blogs Table of contents What are these new RBI norms? New rules for Automatic Payments – A Snapshot What will be its impact on payments? Way forward Have you recently started receiving mails/SMS from various banks and service providers asking to re-register your e-mandates for automated payments such as OTT, newspaper subscriptions, etc?. […]
Prepaid Payment Instruments (PPIs): Meaning, Types, Benefits & RBI Guidelines
Home / Blogs Table of contents What is a Prepaid Payment Instrument (PPI)? Types of Prepaid Payment Instruments (PPIs) Benefits of PPIs for Businesses RBI Guidelines & Reforms on PPIs Who Can Issue PPIs? RBI Classification of PPIs Why Businesses Should Adopt PPIs Now FAQs on Prepaid Payment Instruments (PPIs) Conclusion: CARD91 Prepaid (PPI) – […]
What’s the Next Step in the Payment Industry for addressing Security Concerns?
Card industry has seen steady growth in the last two decades from EMV chip card (use a smart microchip to store data instead of mag stripe) payments to contactless payments, but security remains a big challenge for the industry. These concerns have led to innovations towards more reliable and secure technologies such as biometric card […]
