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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
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 Open Banking app OneStack has secured USD 2 million in funding to support its growth, team expansion, innovation, and establish new offices.
mobile banking, neobanks, funding, financial inclusion, digitalisation
The governments of India and Nepal have drawn up an agreement to launch the service that will let visitors to Nepal use Indian digital wallets for payments.
digital wallet, cross-border payments, ecommerce, mobile payments, UPI
Payments services provider Worldline has announced the launch of its Buland Bharat digital payments suite looking to support the needs and wants of India-based SMBs.
product launch, payments , digital payments, SMEs, digitalisation, omnichannel, online payments, cash management, payment processor, merchants, ecommerce
Netherlands-based online payments provider PayU has announced its expansion across Central America to offer payment processing and PCI compliance services.
expansion, ecommerce, payment processing, online payments, PCI compliance
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
GlobalData, research, report, mobile wallet, transaction, India, Bharat QR, COVID-19, POS, Paytm
India-based credit card issuer SBI Card has announced a collaboration with Google to enable customers to use their cards on Google Pay platform.
NFC, India, Tap-to-Pay, SBI Card, Google Pay, mobile payments, Asia, APAC, NFC payments, contactless payments, credit cards, card, secure transaction, tap-and-aay
Google Pay, NFC, contactless payments, card payments, India, card numbers, direct payment, Axis Visa cards, SBI Visa, credit cards, international cards, Token, cardholder, Bharat QR, in-app, merchants
the Reserve Bank of India, RBI, report, government, incentives, QR code, India, digital payments, Bharat QR, UPI QR, Proprietary QR, interoperable QR, KYC, merchant, electronic payment, Interchange, RuPay Debit card
BharatPe, QR code, launch, mobile payments, POS, point of sale, India, incumbents, Pine Labs, Mswipe, Innoviti, Jio, PhonePe, Paytm, Bharat Swipe, merchants, marquee investors, Ribbit Capital, Insight Partners, Sequoia Capital, Steadview. Mswipe
MasterCard, Axis Bank, Worldline, app launch, POS, mobile payments, kirana merchants, COVID-19, Bharat QR, remote payments, merchant transactions, business loans, E-khata, online dukkan
India-based HDFC Bank and Innoviti Payment Solutions have partnered to extend the bank’s DigiPOS suite of services across Innoviti POS terminals.
HDFC Bank, Innoviti, UPI, Bharat-QR solutions, QR payments, mobile payments, India, Asia, APAC, POS, mobile PoS
National Payments Corporation of India has announced the reduction of the merchant discount rates (MDR), the fees paid by merchants to banks.
NPCI, National Payments Corporation of India, India, merchant discount rate, debit card
Payswiff, an omnichannel payment processing solutions provider, has signed a strategic alliance with Mastercard to support acceptance and adoption of digital payments in India.
Payswiff, payment processing solutions provider, agreement, MasterCard, digital payments, India
Payzello is a new challenger bank in India, focusing on the retail market that offers a wide variety of products, with a specific focus on personal finance management.
Payzello, challenger bank, India, retail, personal finance management, expense management
Continuing its investment in India, Amazon has announced the launch of P2P payments via Amazon Pay for Android users in the country.
Amazon Pay, product launch, India, peer-to-peer payments, P2P payments, APAC, Asia Pacific, online payments, P2P, Android, UPI QR code, Amazon App
American Express has introduced Amex Pay for its contactless or non-contactless credit, debit and the American Express Corporate card users in India.
Amex, mobile payments, India, contactless, Amex Pay
The Mobile Wallet (tmw) has acquired the India-based mobile payments company Trupay for an undisclosed ammount.
tmw, India, mobile payments, startup, Trupay, merchant, QR payments