Cred, MobiKwik Become First Fintech Firms to Offer RBI's E-Rupee CBDC Wallets
Sponsored by Yes Bank, Cred and MobiKwik roll out RBI CBDC (E-Rupee) wallets supporting UPI-linked P2P and merchant payments, with programmable payment features planned. Limits set at Rs 50,000 daily and Rs 10,000 per transaction, with PIN-less payments up to Rs 500.
Cred and MobiKwik become first fintech firms to offer RBI CBDC (E-Rupee) wallets, sponsored by Yes Bank, supporting UPI-linked p2p and merchant payments with programmable payment features planned.