November 06, 2024 07:19 (IST)
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Customers will be unable to pay credit card bills through Cred, PhonePe, other Fintech platforms after June 30

Customers will be unable to pay credit card bills through Cred, PhonePe, other Fintech platforms after June 30

Mumbai/IBNS: Billdesk, Cred, PhonePe, and Infibeam Avenues are among the fintech companies that will be impacted by the latest regulation of the Reserve Bank of India (RBI) requiring credit card bill payments to be routed through the central bank's centralised billing network.

Cred gets RBI's in-principle approval to operate as payment aggregator

Cred gets RBI's in-principle approval to operate as payment aggregator

Mumbai: Bengaluru headquartered firm Cred, a top third-party app for credit card bill settlements in India, has received in-principle approval from the Reserve Bank of India (RBI) to operate as a payment app, said media reports.