But will the entry of these fintechs help increase awareness about how to deploy e-rupee and promote usage of CBDC wallets? After the central bank enabled CBDC issuance for third-party application ...

The Reserve Bank of India started a pilot for the CBDC, or e-rupee, a digital alternative to physical currency, in December 2022, and last April, it expanded the scope of transactions to payment ...

CBDC, also known as the e-rupee, is a digital currency issued by the Reserve Bank of India (RBI) as an alternative to the physical rupee. While the Central Bank ran a pilot for this back in 2022 ...

Launched by RBI in 2022, CBDC aimed to reduce India's reliance on the dollar and counter cryptocurrencies. Despite lackluster adoption, fintech companies like CRED and MobiKwik are introducing CBDC ...

PayPal and HDFC Bank backed Mintoak has completed the acquisition of Digiledge, which specialises in CBDC and bill payments services ...

“The Subhadra scheme was the first government programme to distribute funds using the digital rupee. Following the success in ...

What Happened: Mintoak, a provider of merchant payment services, has finalized the purchase of Digiledge, a firm specializing in CBDC and bill payment services, for around $3.5 million.

The Reserve Bank of India started a pilot for the CBDC, or e-rupee, a digital alternative to physical currency, in December 2022, and last April, it expanded the scope of transactions to payment firms ...

Digiledge is known for its specialisation in CBDC and bill payments services ... The RBI initiated a pilot for the e-rupee, a digital alternative to physical currency, in December 2022.