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The Reserve Bank of India has announced its plans to launch an interoperable payment system for internet banking for faster fund settlements.
product launch, payments , digital payments, online payments, mobile payments, ecommerce, customer experience
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
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 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
Nigeria-based digital bank Umba has announced it now operates in Kenya as it begins to expand across the continent.
digital banking, digitalisation, expansion, mobile banking, payments
Michelle Swiec, Director of Deal Advisory and Strategy Practice at KPMG, elaborates on local and regional regulations with an impact on the cross-border payments and ecommerce space.
cross-border payments, cross-border ecommerce, regulation, ecommerce, cryptocurrency, digital currency, blockchain, AML, CTF, KYC, money laundering, merchant, PSD2, SCA
Roberto Valerio, Co-Founder and CEO of PAYLA, discusses what responsible BNPL means nowadays and how new regulations may impact the ecosystem.
payment methods, ecommerce, instalment payments, BNPL
With fintechs gaining a rapid popularity, Christine Kiefer, founder of digital private bank RIDE Capital, offers insights on the way forward for banks, fintechs, and their users.
banks, fintech, digital banking, investment, startup, digitalisation, digital assets, financial services, risk management, compliance
Discovering the challenges and opportunities of the BNPL industry and discussing what has not been said with Roberto Valerio, the CEO of PAYLA
BNPL, ecommerce, instalment payments, financing
NPCI Bharat BillPay, a subsidiary of National Payments Corporation of India, has on-boarded utility company Tata Power so customers can pay electricity bills through ClickPay payment link.
NPCI, supplier onboarding, payment methods, one-click payments, digital payments, online payments
Lily Varón, Senior Analyst at Forrester, discusses the new value proposition for deferred payments, which include installments, ‘Buy Now, Pay Later,' and point-of-sale financing, among others
BNPL, instalment payments, POS lending, payment methods, personal finance management
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
Forte, BillPay, omnichannel, payments , transactions , Autopay, kiosk, privacy, accounts, bills
US-based payment processing platform Lavu has acquired Sourcery, an automated accounts payable solution designed for the restaurant industry.
Lavu, Sourcery, acquisition, AP automation, accounts payable automation, mergers and acquisitions, payment processing platform, automated accounts payable, US, North America
MODIFI, a digital lending platform offering finance to exporters to SMEs, plans to invest in the Indian market to fund its expansion plan.
Maersk, Modifi, expansion, India, Asia, APAC, Germany, Europe, digital lending platform, trade finance, SMEs, NBFC
The venture capital arm of Moller Maersk has announced investing in Germany-based financing platform startup Modifi.
Maersk, Modifi, Germany, Denmark, Europe, partnership, trade finance, financing , financing platform, Venture Capital, startup, payments , fintech
US-based business process automation company Data Dimensions has released a tool that optimises AP disbursement processes through electronic payments.
Data Dimensions, DD BillPay for Finance, product launch, US, North America, accounts payable automation, business process automation, electronic payments, accounts payable disbursement process, e-invoicing, AP automation