The Reserve Bank of India raised the Additional Factor of Authentication (AFA) limit from Rs. 5,000 to Rs 15,000 per transaction for e-mandates on cards, Prepaid Payment Instruments (PPIs) and UPI for recurring transactions.
Fino Payments Bank Limited has partnered with Go Digit General Insurance Limited, one of India's fastest-growing general insurers, to provide small and medium business owners with shop insurance coverage.