IMF chief Kristalina Georgieva has urged countries to make a more proactive push to develop central bank digital currencies or CBDCs. Georgieva made her remarks as the IMF published the first instalment of a "Virtual handbook" on CBDCs, which has been created to help countries with the design and set-up process and ensure that the new technologies are globally interoperable.

IMF's thumbs up to digital currencies

From January 1, 2022, the way Indians use their credit/debit cards and transact at ATMs will change. There has been a significant increase in internet penetration across the country, which opens the door for cybercrime.

India online payment rules to change on January 1: What you need to know

PayPal is set to wind down domestic payments business in India in a few months. In a statement on Friday, PayPal said that it plans to wind down domestic business by April 1 this year.

PayPal to wind down domestic business in India

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