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Amazon Pay explores credit services on the UPI platform in collaboration with NPCI

News | Payments General | 18 Apr 2024

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

Google Wallet to launch in India

News | Mobile Payments | 18 Apr 2024

Google Wallet has set to launch in India, separate from Google Pay.

digital wallet, mobile payments, product launch, digital payments, loyalty programme

Navigating global payments and commerce: perspectives from PPRO

Interviews | Payments General | 08 Apr 2024

We interviewed the CEO of PPRO, Motie Bring, to learn more about the pivotal milestones of 2023 for the company, as well as the strategies for global growth and insights on the evolving payments landscape. 

ecommerce, payments , cross-border payments, funding, instant payments, local payment method, recurring payments, gig economy

Mashreq partners with NPCI International Payments and PhonePe

News | Payments General | 29 Mar 2024

Mashreq has partnered with NPCI International Payments in order to integrate PhonePe with NEOPAY and improve financial connectivity between the UAE and India. 

partnership, payments , cross-border payments, cross-border ecommerce, online payments, mobile payments, digital payments, ecommerce

Boku launches new research report

News | Payments General | 28 Mar 2024

Boku has launched a new global research report, in which the company analysed payment preferences and purchasing behaviours of customers globally.

product launch, payments , card scheme, online payments, mobile payments, digital payments, ecommerce, partnership

A balancing act: perfecting customer experience amidst evolving payment regulations

Voice of the Industry | Digital Identity, Security & Online Fraud | 19 Mar 2024

LexisNexis® Risk Solutions experts Edward Metzger and Emilio Rocchi discuss PSD3, emphasising innovative fraud solutions for EU payment security while prioritising a balance between customer experience and safety.

PSD3, PSR, regulation, compliance, fintech, Open Banking, PSP, TPP, payments , paytech, data, instant payments, data privacy, APP fraud, fincrime, risk management

NPCI to approve Paytm's TPAP licence

News | Online & Mobile Banking | 13 Mar 2024

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 key trends shaping India's payments and lending landscape in 2024

Voice of the Industry | Online & Mobile Banking | 13 Mar 2024

Sameer Singh Jaini and Shashank Shekhar from The Digital Fifth explore India's fintech shift fuelled by digital payments, neobanking, and BaaS and uncover trends like B2B payments, cross-border innovations, and digitised lending.

fintech, payments , BaaS, lending, paytech, artificial intelligence, digitalisation, PaaS, API, machine learning, embedded payments, B2B payments, UPI

UPI partners with First Parking to launch parking payments

News | Payments General | 12 Mar 2024

Union Pay International (UPI) has recently announced a partnership with First Parking in Australia to launch a frictionless parking payment service which aims to make life easier for locals and foreign drivers. 

partnership, debit card, credit card, mobile payments, contactless payments, online payments, digitalisation, ATM, member card

UPI transactions available in Nepal

News | Payments General | 12 Mar 2024

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

Navigating the evolving landscape of cross-border payments: top four trends to watch in 2024

Voice of the Industry | Payments General | 08 Mar 2024

Mirela Ciobanu from The Paypers examines key cross-border payment trends for 2024 and beyond, highlighting a focus on innovation, security, and regulatory compliance.

cross-border payments, central bank, SWIFT, blockchain, digital assets, stablecoin

Flipkart partners with Axis Bank

News | Payments General | 04 Mar 2024

Flipkart has announced the launch of a new UPI service in partnership with Axis Bank, aiming to optimise fund transfers and checkout payments for Android users. 

partnership, product launch, UPI, payments , money transfer, online payments, mobile payments, digital payments, ecommerce

NIPL signs a MoU with Greek bank Eurobank

News | Online & Mobile Banking | 01 Mar 2024

NPCI International Payments Limited has signed an MoU with the Greek-based Eurobank in order to optimise cross-border payments using a UPI platform. 

partnership, banking, payments , cross-border payments, cross-border ecommerce, ecommerce, UPI

The Embedded Finance Market to reach USD 730.5 billion by 2032

News | Online & Mobile Banking | 29 Feb 2024

The Embedded Finance Market is expected to reach USD 730.5 billion by 2032, fostered by frictionless transactions and technological advancements. 

expansion, embedded finance, embedded lending, embedded payments, banking, online banking, mobile banking, digital banking, financial services, financial institutions

Zakya launches in India

News | Payments General | 28 Feb 2024

Zakya, the modern retail POS built specifically for small and mid-size retail businesses, has launched in India. 

product launch, POS, merchant, payments , online payments

STICPAY launches new Asia-based payment partnerships

News | Payments General | 28 Feb 2024

STICPAY has announced new partnerships with multiple Asian local payment providers in order to make market communities more accessible and cost-effective. 

partnership, expansion, product launch, payments , online payments, mobile payments, digital payments, ecommerce

Amazon Pay secures payment aggregator licence from RBI

News | Payments General | 27 Feb 2024

Amazon Pay has secured a payment aggregator licence from the Reserve Bank of India, being enabled to offer online merchant payment solutions to its clients. 

payments aggegator license, payments , online payments, mobile payments, digital payments, ecommerce

Dvara Money partners with Jana Small Finance Bank

News | Online & Mobile Banking | 27 Feb 2024

Fintech company Dvara Money (DM) has announced its strategic collaboration with Jana Small Finance Bank (Jana SFB), aiming to improve the digital banking environment in Bharat.

partnership, mobile banking, digital banking, online platform, SMEs, financial inclusion

The old guard are embracing new opportunities

Voice of the Industry | Online & Mobile Banking | 27 Feb 2024

In the latest update from INNOPAY's Open Banking Monitor, European dominance, surging payment APIs, and a US comeback steal the spotlight, promising fresh insights and solutions for the industry.

API, Open Banking, Open Finance, financial institutions, digital payments

RBI reviews Paytm's UPI payment request

News | Online Payments | 26 Feb 2024

The Reserve Bank of India has directed the National Payments Corporation of India (NPCI) to review a request from Paytm.

banks, payment processing, compliance, digital payments