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India-based Hitachi Payment Services has rolled out a financial inclusion business to redefine access to financial services for the underbanked and unbanked.
financial inclusion, unbanked, financial services, digitalisation, payments infrastructure
India’s Unified Payments Interface (UPI) has integrated with PayNow to allow the India diaspora in Singapore to send remittances to recipients in India.
remittance, transactions , partnership, cross-border payments
IndusInd Bank has announced the launch of the UPI-enabled IndusInd Bank Samman RuPay Credit Card with NPCI, designed for government employees.
credit card, UPI, banking, payments
Embark on a journey through APAC's financial crime compliance landscape with Sachin Shah from TCS and FCC subject matter enthusiast, India, as he puts the spotlight on India's role in the region and the impact of digital innovation.
financial crime, AML, cybersecurity, crypto, FATF, digitalisation
Cashfree Payments has launched its KYC Link, a no-code verification service that is set to accelerate the digitalisation process of Indian businesses.
product launch, KYC, fraud management, fraud detection, fraud prevention, online fraud, digitalisation
India-based Hitachi Payment Services in association with NPCI has launched UPI-ATM as a White Label ATM (WLA) to offer secure cardless cash withdrawals.
UPI, cashless, payments , digital payments, product launch
India-based CRED has partnered with the NPCI to introduce RuPay credit card UPI payments and make transactions more convenient for its members.
partnership, mobile payments, payments , product upgrade
India and Russia have discussed the possibility of enabling RuPay and Mir card acceptance in each country for simplified payments amid sanctions imposed on Russia by the West.
partnership, payments , payment processing, card scheme, cross-border payments, financial services, payment methods, local payment method, UPI, SWIFT, digital payments, remittances, fintech, ecommerce, merchants
Lucy Whitehead and Colombe Herault from Worldline explain how identity connects to payments and why it is important for the two of them to interact at the point of payment.
digital identity, payments , merchants, digital payments, data, banks, biometrics, credit card, debit card, KYC
The Indian government has announced its support for free electronic payments under Bharat Bill Pay Systems and might take action against uncomplying entities.
online payments, recurring payments, payment methods, payments infrastructure, online banking e-payment
Discover Global Network, RuPay, NPCI, card network, India, cashless, cross-border payments, emerging markets, ecommerce
The Paypers sat down with Dilip Asbe, MD and CEO of National Payments Corporation of India (NPCI), to learn more about India’s digital transformation and the status of instant payments in the region
Dilip Asbe, National Payments Corporation of India, NPCI, interview, India, digital transformation, instant payments, UPI, merchants, smartphone penetration, real-time payments
Angaj Bhandari, FIME India, fintech, Open Banking, innovation, banking, API, payments , Aadhaar, Unified Payments Interface, UPI
Airtel Payments Bank has launched the Aadhaar enabled payment system (AePS), to help people perform transactions at over 250,000 of its banking points across India.
Airtel Payments Bank, Aadhaar enabled payment system, AePS, India, online transactions, online payments, banking points, digital payments, mobile payments QR payments, Asia, APAC
The Indian government has been considering implementing multi-factor authentication for digital transactions in the country to boost payment security.
indian government, India, biometric, eKYC, Aadhaar, Multi Factor Authentication, fraud prevention
According to National Payments Corporation of India (NPCI), the total Unified Payments Interface (UPI) transactions in India stood at 822.29 million in July 2019.
UPI, Unified Payments Interface, online payments, India, Immediate Payment Service
Wirecard has signed an agreement with YES BANK to continue driving financial inclusion in India.
Wirecard, YES Bank, financial inclusion, India, Aadhaar, retail
Wirecard has announced the expansion of its partnership with RBL Bank in order to promote financial inclusion in India.
Wirecard, partnership, India, RBL Bank, digital payment, retail
Indian ecommerce company Flipkart has begun testing a video Know Your Customer (KYC) solution to offer instant credit to customers.
Flipkart, ecommerce, credit offering, KYC, video, India
NEXT Biometrics’ Aadhaar-certified sensor module has been chosen by MobiOcean Technologies to be used for authentication and mobile payments.
MobiOcean, Next Biometrics, fingerprint, Aadhaar, payments , India, UPI, wallets, biometrics, security, government, authentication