{"id":15289,"date":"2025-12-01T11:12:46","date_gmt":"2025-12-01T05:42:46","guid":{"rendered":"https:\/\/www.enkash.com\/resources\/?p=15289"},"modified":"2025-12-01T11:12:46","modified_gmt":"2025-12-01T05:42:46","slug":"enfin-your-fresh-source-of-fintech-updates-december-2025-edition","status":"publish","type":"post","link":"https:\/\/www.enkash.com\/resources\/blog\/enfin-your-fresh-source-of-fintech-updates-december-2025-edition","title":{"rendered":"EnFin: Your Fresh Source of Fintech Updates (December 2025 Edition)"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Missed what happened across fintech recently? Don\u2019t worry, we have got you covered. With EnFin, we bring together the key movements, decisions, and updates shaping the sector. Catch up on everything in one place.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"BHIM-introduces-UPI-Circle-Full-Delegation\"><\/span><b>BHIM introduces UPI Circle Full Delegation<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">BHIM has launched UPI Circle Full Delegation, allowing a primary user to authorise trusted contacts such as senior citizens, children, or staff to make UPI payments on their behalf. These delegated users can make payments up to \u20b915,000 per month without needing their own bank-linked UPI IDs.<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span> <i><span style=\"font-weight: 400;\">Originally posted by The Economic Times<\/span><\/i><\/p>\n<h2><span class=\"ez-toc-section\" id=\"India-opens-cross-border-payments-for-fintechs-under-PA-CB-licence\"><\/span><b>India opens cross-border payments for fintechs under PA-CB licence<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">India\u2019s new PA-CB licence is giving fintechs the ability to process cross-border payments for exporters and SMEs. The move reduces dependency on banks and SWIFT, creating a path for faster, more digital, and lower-cost trade transactions.<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><i><span style=\"font-weight: 400;\">Originally posted by LiveMint<\/span><\/i><\/p>\n<h2><span class=\"ez-toc-section\" id=\"BHIM-to-add-credit-cards-and-new-features\"><\/span><b>BHIM to add credit cards and new features<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">NPCI BHIM Services is preparing to introduce value-added features on the BHIM app, starting with credit card distribution in the next two to three months. BHIM\u2019s usage has seen strong growth, rising from 38.9 million transactions in January to 135.9 million in October 2025.<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span> <i><span style=\"font-weight: 400;\">Originally posted by Financial Express<\/span><\/i><\/p>\n<h2><span class=\"ez-toc-section\" id=\"India%E2%80%93Europe-moves-closer-to-real-time-payments-through-UPI%E2%80%93TIPS-link\"><\/span><b>India\u2013Europe moves closer to real-time payments through UPI\u2013TIPS link<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">RBI and the European Central Bank have begun work on linking UPI with Europe\u2019s TIPS system. Once fully implemented, the connection will enable instant, low-cost payments and smoother remittances between India and Euro-area countries.<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><i><span style=\"font-weight: 400;\">Originally posted by ET Edge Insights<\/span><\/i><\/p>\n<h2><span class=\"ez-toc-section\" id=\"RBI-to-update-credit-scores-weekly-from-April-2026\"><\/span><b>RBI to update credit scores weekly from April 2026<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">The Reserve Bank of India has released draft rules requiring credit bureaus to update consumer credit scores every week starting April 2026. This will replace the current fortnightly cycle and will allow borrowers to see quicker improvements after repayments or account closures.<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><i><span style=\"font-weight: 400;\">Originally posted by LiveMint<\/span><\/i><\/p>\n<h2><span class=\"ez-toc-section\" id=\"NPCI-Bharat-BillPay-plans-net-banking-upgrade-for-1-billion-monthly-transactions\"><\/span><b>NPCI Bharat BillPay plans net-banking upgrade for 1 billion monthly transactions<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">NPCI Bharat BillPay is upgrading its net-banking platform with the goal of scaling it from 260 million to nearly 1 billion transactions a month over the coming years. The new system will simplify online payments by directing users through secure bank or QR-based routes.<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><i><span style=\"font-weight: 400;\">Originally posted by The New Indian Express<\/span><\/i><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Peru-moves-toward-its-own-UPI-style-payment-system\"><\/span><b>Peru moves toward its own UPI-style payment system<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Peru\u2019s central bank has partnered with NPCI International to build a real-time payments platform modeled on India\u2019s UPI. The initiative aims to increase digital transactions, support financial inclusion, and reduce dependence on cash across the country. The project is expected to especially benefit unbanked and underbanked users by offering fast, low-cost, and interoperable payments.<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><i><span style=\"font-weight: 400;\">Originally posted by CNBC TV18<\/span><\/i><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Expectations-of-a-higher-UPI-subsidy-in-Budget-2026\"><\/span><b>Expectations of a higher UPI subsidy in Budget 2026<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Payment facilitators are preparing to seek a higher UPI subsidy allocation in Budget 2026. The current budgeted amount of around \u20b9427 crore is considered inadequate compared to operational costs borne by the industry. Stakeholders may also propose a small MDR on large merchants to improve sustainability for payment service providers.<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><i><span style=\"font-weight: 400;\">Originally posted by The Economic Times<\/span><\/i><\/p>\n<h2><span class=\"ez-toc-section\" id=\"NPCI-expands-RuPay-credit-card-usage-through-UPI-QR\"><\/span><b>NPCI expands RuPay credit card usage through UPI QR<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\"><a style=\"font-family: 'Inter var', -apple-system, BlinkMacSystemFont, 'Helvetica Neue', Helvetica, sans-serif; letter-spacing: -0.015em;\" target=\"_blank\" rel=\"noopener\">The National Payments Corporation of India<\/a><span style=\"font-family: 'Inter var', -apple-system, BlinkMacSystemFont, 'Helvetica Neue', Helvetica, sans-serif; letter-spacing: -0.015em;\"> is working on increasing the<\/span>\u00a0acceptance of RuPay credit cards through UPI QR codes. This step may shift a portion of spending from traditional card networks to QR-based flows. The development positions fintechs to benefit from increased transaction volumes, lower onboarding friction, and a more unified payments ecosystem.<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><i><span style=\"font-weight: 400;\">Originally posted by The Hindu BusinessLine<\/span><\/i><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Stricter-oversight-for-UPI-third-party-apps\"><\/span><b>Stricter oversight for UPI third-party apps<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">NPCI has tightened its scrutiny of third-party UPI applications, especially new fintech entrants. The enhanced checks now include investor background, ownership structure, data handling practices, and long-term business viability. The objective is to strengthen governance and maintain stability across the UPI ecosystem as participation grows.<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><i><span style=\"font-weight: 400;\">Originally posted by The Economic Times<\/span><\/i><\/p>\n<h2><span class=\"ez-toc-section\" id=\"BFSI-firms-to-adopt-the-1600-number-series-by-early-2026\"><\/span><b>BFSI firms to adopt the 1600 number series by early 2026<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">TRAI has directed that all BFSI entities move their official customer communication to the 1600 calling series by early 2026. This change is intended to reduce fraud, prevent spoofing, and improve caller authentication so customers can better trust financial communication.<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><i><span style=\"font-weight: 400;\">Originally posted by Business Standard<\/span><\/i><\/p>\n<h2><span class=\"ez-toc-section\" id=\"RBI-approves-UPI-wallet-access-for-minors\"><\/span><b>RBI approves UPI wallet access for minors<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">The Reserve Bank of India has granted in-principle approval to Junio Payments to introduce a UPI-enabled prepaid wallet designed for children who do not have bank accounts. The wallet will allow minors to pay via UPI QR codes, while parents can control loading, spending limits, and activity monitoring. Junio, which already has more than two million young users, is also planning to add rewards, vouchers, and transit payments to the wallet.<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><i><span style=\"font-weight: 400;\">Originally posted by Moneycontrol<\/span><\/i><\/p>\n<h2><span class=\"ez-toc-section\" id=\"India-and-Bahrain-roll-out-instant-cross-border-UPI-transfers\"><\/span><b>India and Bahrain roll out instant cross-border UPI transfers<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">NPCI International has partnered with Bahrain\u2019s BENEFIT to integrate UPI with the Fawri+ real-time payments network. Users in both countries will now be able to send money instantly, improving speed, reducing transfer costs, and streamlining remittances for Bahrain\u2019s large Indian population. The integration also strengthens digital payments connectivity between the two countries.<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><i><span style=\"font-weight: 400;\">Originally posted by The Economic Times<\/span><\/i><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Concerns-rise-over-UPI-market-concentration\"><\/span><b>Concerns rise over UPI market concentration<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">PhonePe and Google Pay now account for over 80 percent of UPI transactions, leading to concerns about systemic risk in the ecosystem. Market concentration, driven by zero MDR and widespread discounting, has limited the growth of smaller players. Experts suggest measures such as incentive caps and data portability to maintain competitiveness and reduce long-term systemic risk.<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><i><span style=\"font-weight: 400;\">Originally posted by The Economic Times<\/span><\/i><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Indias-October-inflation-declines-to-025-percent\"><\/span><b>India\u2019s October inflation declines to 0.25 percent<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">India\u2019s retail inflation dropped to 0.25 percent in October 2025, in line with the Reserve Bank of India\u2019s expectations. The decline was primarily driven by a significant reduction in food prices. The trend has strengthened market expectations of a potential rate cut during the December policy review.<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><i><span style=\"font-weight: 400;\">Originally posted by CNBC<\/span><\/i><\/p>\n<h2><span class=\"ez-toc-section\" id=\"UPI-crosses-207-billion-transactions-in-October\"><\/span><b>UPI crosses 20.7 billion transactions in October<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">UPI recorded 20.7 billion transactions in October 2025, according to NPCI data. The total transaction value touched \u20b927.28 lakh crore. This marks annual growth of 25 percent in volume and 16 percent in value, highlighting the continued expansion of digital payments across India.<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><i><span style=\"font-weight: 400;\">Originally posted by The Economic Times<\/span><\/i><\/p>\n<h2><span class=\"ez-toc-section\" id=\"NPCI-alerts-users-about-%E2%80%9Cdigital-arrest%E2%80%9D-scam-attempts\"><\/span><b>NPCI alerts users about \u201cdigital arrest\u201d scam attempts<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">NPCI has issued a public advisory warning users about rising cases of \u201cdigital arrest\u201d scams. Fraudsters are posing as police or government officials and pressuring people to transfer money using UPI links. Users are encouraged to verify identities, reject urgent payment requests, and report incidents to cybercrime authorities.<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><i><span style=\"font-weight: 400;\">Originally posted by Zee Biz<\/span><\/i><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Merchants-see-unexpected-charges-on-UPI-credit-transactions\"><\/span><b>Merchants see unexpected charges on UPI credit transactions<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Merchants have reported small deductions on UPI transactions made using credit accounts, despite government directions mandating zero charges. These unexpected debits are creating friction for businesses and raising questions around clarity of fee structures as India\u2019s digital payments adoption continues to grow.<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><i><span style=\"font-weight: 400;\">Originally posted by The Economic Times<\/span><\/i><\/p>\n<h2><span class=\"ez-toc-section\" id=\"RBI-updates-nomination-rules-for-bank-accounts-and-lockers\"><\/span><b>RBI updates nomination rules for bank accounts and lockers<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">The Reserve Bank of India has released revised guidelines requiring all banks to ensure that new and existing savings accounts, fixed deposits, lockers, and safe custody items have valid nominee details. The updated framework is designed to ease claim settlements for families and reduce operational delays after the death of a customer.<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><i><span style=\"font-weight: 400;\">Originally posted by CNBC TV18<\/span><\/i><\/p>\n<p><span style=\"font-weight: 400;\">That concludes this month\u2019s EnFin edition. Fintech continues to evolve through regulatory changes, innovation, and movement across the digital finance landscape. The pace is only increasing, and we will keep tracking it through EnFin.<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">Never miss an update. Follow EnKash on <\/span><a href=\"https:\/\/www.linkedin.com\/company\/enkashbusiness\/\"><b>LinkedIn<\/b><\/a> <span style=\"font-weight: 400;\">for weekly fintech updates.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Missed what happened across fintech recently? Don\u2019t worry, we have got you covered. With EnFin, we [&hellip;]<\/p>\n","protected":false},"author":30,"featured_media":15290,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[128],"tags":[],"class_list":["post-15289","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-growth-guide"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>EnFin: Your Fresh Source of Fintech Updates (December 2025 ) | EnKash<\/title>\n<meta name=\"description\" content=\"Stay updated with EnFin\u2019s monthly roundup of digital finance, UPI, RBI, and fintech updates. 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