Tagged: digital rupee

Virtual Payments: Pine Labs, ICICI Bank to Enable Acceptance of Digital Rupee via PoS Terminals

Merchant commerce omnichannel platform, Pine Labs announced the acceptance of digital Rupee on its PoS terminals in partnership with ICICI Bank. The technology integration “between the two entities will now support e₹ (Digital Rupee) acceptance at Pine Labs‘ point-of-sale terminals across key retail outlets in… Read More

Reliance Retail, Innoviti Technologies, ICICI Bank, Kotak Mahindra Bank to Enable Acceptance of Digital Rupee

Innoviti Technologies in collaboration with Reliance Retail, ICICI Bank and Kotak Mahindra Bank announced the launch of in-store acceptance of retail payments via Digital Rupee – Retail [e₹-R]. After being the first to introduce dynamic QR based in-store UPI payments, Reliance Retail, in continuance of… Read More

India to Release CBDC in 2022-23, Details Scarce

The Reserve Bank of India plans to launch a digital rupee in the 2022-23 fiscal year that begins on April Fools’ Day, Finance Minister Nirmala Sitharaman said today, saying it will boost the digital economy. She made the comments while delivering the country’s annual budget…. Read More

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