CARDS & TOKENISATION
Card networks push tokenisation-only mandate for recurring merchant billing
Subscription platforms have until March to migrate saved cards to network tokens or lose auto-debit access.
Author: info@unlocktech.in
UPI & NPCI
NPCI trials voice-based UPI payments for feature phone users ahead of national rollout
A pilot across three states lets users complete UPI transactions via voice command on basic phones, without a smartphone or app.
REGULATION
IRDAI mandates real-time claim status APIs for all health insurers by December
Move aims to cut average claim settlement disclosure time from 5 days to under 24 hours.
CRYPTO
Inside India’s push for a global CBDC settlement corridor
Cross-border digital rupee pilots move past proof-of-concept.
SECURITY & FRAUD
NPCI rolls out dynamic QR verification to curb merchant-side payment fraud
Static QR codes at small retailers will be phased out in favour of session-based codes that expire after each scan.
REGULATION
Finance Ministry tables amendment easing FDI norms for payment aggregators
The bill, if passed, raises the automatic-route FDI cap from 74% to 100% for licensed PAs.
STARTUPS
BNPL default rates: the numbers lenders don’t publish
An investigation into underreported delinquency data.
APIS & INFRA
Auto-pay mandates get a simplified renewal flow as RBI eases e-mandate friction
Users will no longer need to re-authenticate every recurring mandate below ₹15,000 individually.
WALLETS
Wallet interoperability pilot lets users move balances across providers for the first time
A sandbox programme allows transfers between competing wallet apps without cashing out to a bank account first.
CARDS & TOKENISATION
Contactless payment limit may rise to ₹10,000 under RBI review
Card networks have pushed for a higher no-PIN threshold to reduce checkout friction.