digital rupee launch

Google Pay, PhonePe Other Payment Firms Seek to Join RBI’s CBDC Pilot, Said to Offer eRupee Transactions

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eRupee Transactions

Google Pay, Walmart-backed PhonePe and Amazon Pay are among five payments companies directly involved in talks to join the Reserve Bank of India’s digital currency experiment and offer transactions via eRupee. Indian fintech companies Cred and Mobicwik are two other companies that have applied to participate in the eRupee pilot, the people added. The Reserve … Read more

Dubai-Based ByBit Adds Support for eRupee CBDC Following Feedback from Indian Merchants

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eRupee CBDC

Dubai-based cryptocurrency exchange ByBit has announced the integration of eRupee’s CBDC and peer-to-peer (P2P) transaction services. The exchange said in an official statement that it has received numerous requests from Indian traders seeking support for eRupee trading. Since eRupee is a digital currency issued by India’s RBI, traders who deal with INR believe that conducting … Read more

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