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India tightens mobile wallet rules

The Reserve Bank of India (RBI) tightened guidelines for mobile wallet providers and outlined strict …

TRAI cuts USSD-based mobile banking charge by two-thirds

TRAI, India’s telecoms regulator, took action to encourage a greater take up of mobile banking. …

India’s RBI creates new barriers to entry into mobile payments

India’s central bank has issued new guidelines that prohibit mobile operators from using their nationwide …