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Amazon Pay has announced its plans to introduce credit services on the Unified Payments Interface (UPI) platform as part of a deal with the National Payments Corporation of India (NPCI).
payments , digital wallet, UPI, Amazon, transactions , partnership
Federal Bank has launched its Flash Pay tool in partnership with NPCI, to provide India-based clients with contactless payments at NCMC-enabled metro stations.
partnership, product launch, payments , online payments, mobile payments, digital payments, ecommerce
The Paypers looked into the most relevant partnerships announced during Q4 2023 within the banking and fintech space, discovering preferences that went from Open Banking technologies and their applications in ecommerce, card payment innovations, as well as an overall focus on financial crime, fraud prevention, crypto, Web3, and CBDC developments.
partnership, Open Banking, banking, fintech, fraud management, cryptocurrency, crypto, The Paypers Quarterly Analysis series
NPCI International Payments Limited (NIPL) and Fonepay Payment Service have announced that the Unified Payment Interface (UPI) is available for transactions between India and Nepal.
online payments, mobile payments, digital payments, partnership, UPI
India-based CSB Bank has announced a new partnership with fintech company Bijlipay to provide integrated POS solutions and to expand the bank’s payment ecosystem.
partnership, digitalisation, financial services, online banking, online bank, online payments, digital payments, POS, customer experience, financial inclusion, payments , fintech
Single.id, a service operated by Enigmatic Smile, has announced its intention to address rewards payment issues for retailers by offering a consolidated End User Identity.
retail, online payments, payments , partnership, financial inclusion
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
India-based Paytm has announced that it will invest USD 12 million in Gujarat International Finance Tec-City (GIFT City) to build a global financial ecosystem.
investment, global hub, financial services, fintech, cross-border 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
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
Chris Winter, Managing Director & Head of Asia Pacific Region at Discover Global Network, discusses the future of digital payments in APAC and the prevalence of cards, alongside popular local payment methods.
digital payments, online payments, credit card, debit card, payments , QR code, QR payments, e-wallet, digital wallet, prepaid card, virtual card, B2B payments, digitalisation, financial inclusion
The Paypers has researched and analysed the most prolific partnerships that defined and built resilience within the payments & commerce and banking & fintech sectors in Q3 2023, from payments infrastructure, BNPL, the proliferation of Tap-to-Pay, the surge of Open Banking tech, and overall digitalisation attempts for banking and financial services.
payments , paytech, partnership, The Paypers Quarterly Analysis series, ecommerce, fintech
India-based credit card issuer SBI Card has partnered with retail company Reliance to launch a co-branded credit card on India’s RuPay payment network.
credit card, partnership, retail, product launch, growth markets
China-based UnionPay International has partnered with Singapore-based ecommerce platform Lazada to support international online transactions.
partnership, online payments, ecommerce, expansion
India-based Axis Bank and fintech Fibe have partnered to launch a numberless credit card for tech savvy Gen Zs in India.
product launch, partnership, UPI, cashback, Gen Z
Al Etihad Payments, a subsidiary of the Central Bank of the UAE, and NPCI have partnered to advance the development of the national Domestic Card Scheme in the UAE.
payments , partnership, financial services, financial institutions, card scheme
India-based Paytm has announced that its wholly-owned subsidiary Paytm Payment Gateway launched an alternate ID-based checkout solution.
online security, transaction fraud, payment gateway, online payments, online shopping, cybersecurity
India-based NPCI International has partnered with global payment platform Paymentwall to offer UPI as a payment method for US and UK-based clients.
UPI, partnership, payments , ecommerce
UAE-based NEOPAY has partnered with Alipay+ to expand its digital payments offering for merchants in the region.
partnership, mobile payments, mobile money, e-wallet, digital wallet, payment methods
Norway-based IDEX Biometrics has partnered with global card manufacturer KL HI-Tech to launch biometric payment cards in India.
partnership, biometrics, product launch, payments