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

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

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