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The National Payments Corp of India (NPCI) has planned to authorise a third-party application provider (TPAP) licence for Paytm, an India-based digital payments app.
banking license, online banking, banks, mobile banking, digital banking
The Financial Intelligence Unit (FIU) from India has announced that it imposed a monetary penalty of approximately USD 662,565 on Paytm Payments Bank.
regulation, AML, money laundering, banking, digital banking
India-based digital payments app Paytm has partnered with private sector financial institution Axis Bank to support settlement of merchant payments.
partnership, payments , banking, KYC, settlement
India-based digital payments app Paytm has engaged in talks to acquire Bengaluru-based interoperable ecommerce startup Bitsila.
acquisition, digital payments, ecommerce, payments
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
Ryan McQueen, Management Director of Payments and Open Data Practice at Accenture, offers insights into super apps and social commerce as a global way to do business.
ecommerce, omnichannel, ecommerce platform, payments , social commerce, super app, equity, insurance, unbanked, digital wallet, digital payments, digitalisation, PSP, direct to consumer, platform, online platform
Mark Beresford and Elisabetta Nadal from Edgar, Dunn & Company discuss the future of digital wallets as consumers’ preferences shift from physical cards to digital wallets stored in their smart devices.
payments , payment methods, digital wallet, e-wallet, contactless payments, ecommerce, commercial card, merchants, fintech
US-based company WhatsApp has launched credit card payments and services from rival digital payment providers within its application for customers in India.
product launch, mobile payments, digital payments, online payments, payments , ecommerce
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
China-based Ant Group has announced it will swap its stake in India-based payments company Paytm for convertible debt.
fintech, paytech, investment, regulation, payments
Conny Dorrestijn and Ellen Logan from Augmentum Fintech explore the key developments that drive investments in the payments space around the world.
online payments, fintech, PSP, B2B payments, merchants, PSD2, Open Banking, regulation, account-to-account payment, financial institutions, CBDC, BNPL, embedded finance, banks
The National Payments Corporation of India (NPCI) has looked to push up the usage of RuPay credit cards in the market and leans of bank partnership to do this.
NPCI, credit card, banks, fintech, partnership
Fintech platform PhonePe has halted its proposed acquisition of India-based Buy Now, Pay Later startup ZestMoney.
PhonePe, acquisition, BNPL, Walmart, fintech
Vodafone Qatar’s Infinity Payment Solutions (IPS) has revealed its cashback offer to consumers using the e-wallet iPay.
money transfer, digital wallet, cashback, remittance, mobile payments
The Paypers tackled the M&As from Q4 2022, focusing on the trends in the payments and fintech industry to identify the key elements that draw businesses towards the acquired companies.
merger, acquisition, fintech, payments , digital banking, fraud prevention, digital payments, cryptocurrency, online payments, blockchain, The Paypers Quarterly Analysis series
Mobile wallet payments company Citcon has announced an integration which adds Klarna as a featured mobile wallet through the former’s omni-channel payment platform.
digital wallet, partnership, instalment payments, BNPL, merchants, checkout optimisation
India-based payments company Paytm has implemented a feature that allows users to make UPI payments to mobiles registered with third-party UPI apps.
mobile payments, product upgrade, payment methods, UPI, mobile banking
Maria Vinogradova of OpenWay addresses the number of instances where e-wallets can fail financial inclusion goals while also detailing how to create a successful financial inclusion offering.
mobile payments, e-wallet, financial inclusion, PCI DSS, PSP, payments infrastructure
In this interview, Elena Popova, Director of Payments at Xsolla, discusses how the company’s payment strategies impact the growth of the gaming industry.
payment methods, ecommerce, online shopping, cross-border payments, gaming, Xsolla
India-based payments and API banking solution Cashfree Payments has launched a disbursement and collections lending solution for NBFCs and LSPs.
online payments, lending, product launch, compliance