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Discover all the Company news on UPI and other articles related to UPI in The Paypers News, Reports, and insights on the payments and fintech industry:

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Found 16 results in 578 milliseconds.

Lyra partners with India's NIPL for UPI payments

News | Payments General | 05 Feb 2024

France-based payment solutions provider Lyra has partnered with India-based NPCI International Payments Limited (NIPL) to introduce the UPI payment mechanism in France.

partnership, UPI, online payments, mobile payments, online transaction

Razorpay launches an instant refund system

News | Mobile Payments | 24 Jan 2024

India-based fintech Razorpay has launched an instant refund system for failed Unified Payments Interface (UPI) transactions on its POS systems.

product launch, fintech, mobile payments, POS, refund

BankservAfrica becomes Union Pay International card processor

News | Cards | 08 Dec 2023

Largest automated payments clearing house in Africa, BankservAfrica, has been appointed by Union Pay International (UPI) as the domestic processor to fast-track affordable and accessible card payments in South Africa.

partnership, digital payments, credit card, debit card, ATM, POS, compliance, regulation, payment processor, payment processing, digitalisation, financial inclusion, interchange fee, payments infrastructure

NPCI launches new UPI payment features

News | Payments General | 07 Sep 2023

The Reserve Bank of India (RBI) governor has announced the launch of a new UPI digital payments suite built by the National Payments Corporation of India (NPCI).

product launch, payments , paytech, digitalisation, fintech, QR code, UPI, Tap-to-Pay, credit access, NFC, artificial intelligence

YES BANK is live with UPI interoperability on CBDC

News | Online & Mobile Banking | 01 Sep 2023

India-based YES BANK has gone live with Unified Payments Interface (UPI) interoperability on the Reserve Bank of India (RBI) Central Bank Digital Currency (CBDC) app.

product launch, UPI, CBDC, digital currency, banking, fintech, digitalisation, QR code, transactions , crypto

Razorpay launches one-step payments solution Turbo UPI

News | Online Payments | 30 May 2023

India-based fintech Razorpay has launched Turbo UPI to allow customers of online merchants to make UPI payments with redirection to a third-party UPI app during checkout.

UPI, online payments, fintech, checkout optimisation , ecommerce

UPI transactions to account for 90% of retail payments by 2026-2027

News | Online Payments | 01 Jun 2023

PwC India has released a report which highlights that UPI is projected to dominate retail digital payments in India, accounting for 90% of transactions until 2027.

UPI, digital payments, debit card, credit card, report

India's central bank cancels UPI rival project

News | Payments General | 10 Apr 2023

The Reserve Bank of India has abandoned plans for a high-profile project intended to rival the country’s dominant payment system, Unified Payments Interface (UPI).

UPI, RBI, payments infrastructure, ecommerce, payments

India and Singapore connect UPI and PayNow to facilitate cross-border payments

News | Payments General | 21 Feb 2023

India and Singapore have linked their digital payment systems, UPI and PayNow to enable instant and low-cost transfers between the two countries.

remittance, money transfer, cross-border payments, payments infrastructure, UPI, PayNow, real-time payments

India to spend USD 320 mln to promote homegrown payments network

News | Cards | 12 Jan 2023

India has planned to spend around USD 320 million to promote cards in RuPay and for low-value UPI transaction to stir the growth of its national payments network.

UPI, credit card, NPCI, POS, ecommerce

RBI creates single-block-and-multiple debits functionality in UPI

News | Online & Mobile Banking | 07 Dec 2022

The Reserve Bank of India has introduced a single-block-and-multiple debits functionality in UPI to augment payments for ecommerce and investments in securities.

UPI, RBI, product upgrade, ecommerce, investment

Razorpay enables UPI credit card payments

News | Online Payments | 06 Dec 2022

India-based fintech Razorpay has announced that it will enable merchants to accept credit card transactions on Unified Payments Interface (UPI) in partnership with Axis Bank.

partnership, product upgrade, UPI, digital payments, digital banking, digitalisation, payment methods, credit card

UPI to enable UnionPay QR payments for ZeroPay merchants

News | Mobile Payments | 02 Dec 2022

China-based UnionPay International (UPI) has partnered with the Korea Easy Payment Foundation and BC Card to enable UnionPay QR code payments for ZeroPay merchants.

partnership, payments , mobile payments, e-wallet, QR code, QR payments, payment methods

RazorpayX to support seamless cashback transactions via UPI for WhatsApp

News | Mobile Payments | 24 Jun 2022

WhatsApp has onboarded RazorpayX, the neo-banking arm of Razorpay, to enable a smooth cashback experience via UPI for its users across India.

UPI, WhatsApp, Razorpay, cashback, mobile payments

WhatsApp to use clients' legal names for UPI payments

News | Digital Identity, Security & Online Fraud | 13 May 2022

WhatsApp has announced it will ask users for their legal names to proceed with UPI-based payments on the platform.

WhatsApp, UPI, fraud prevention, mobile payments, NPCI, bank account, digital identity

WhatsApp to expand payment service to 100 mln Indian users

News | Mobile Payments | 14 Apr 2022

The National Payments Corporation of India (NPCI) has approved instant messaging platform WhatsApp to extend its payments service to 100 million users in India.

payment processing, mobile payments, mobile money, instant payments, regulation