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RBI penalizes PhonePe, Vodafone m-pesa for regulatory non-compliance

RBI also slapped monetary penalties on Western Union and MoneyGram
Challenges ahead for e-wallets, payment gateways as RBI looks to tighten regulations
Vodafone M-Pesa ties up with Punjab power utility

Vodafone M-Pesa offers customers a cashless, secure platform for electricity bill payments with the largest network of agents (or CashIn Points) to enable digitisation of money for cash holding population, said a company statement.
RBI grants in-principle nod to 11 cos for payment banks

The central bank has approved applications of National Securities Depository Limited (NSDL), Reliance Industries, Aditya Birla Nuvo, Airtel M Commerce among others.

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Vodafone M Pesa

RBI penalizes PhonePe, Vodafone m-pesa for regulatory non-compliance

Challenges ahead for e-wallets, payment gateways as RBI looks to tighten regulations

Vodafone M-Pesa ties up with Punjab power utility

RBI grants in-principle nod to 11 cos for payment banks