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India to spend USD 320 mln to promote homegrown payments network

News | Cards | 12 Jan 2023

India has planned to spend around USD 320 million to promote cards in RuPay and for low-value UPI transaction to stir the growth of its national payments network.

UPI, credit card, NPCI, POS, ecommerce

JCB partners with NPCI to offer 40% cashback for RuPay JCB cardholders

News | Cards | 02 Nov 2022

JCB International and National Payments Corporation of India (NPCI) have launched a cashback offer for all RuPay JCB debit and credit cardholders for a limited period.

credit card, debit card, cashback, JCB, NPCI

NPCI International names PayXpert acquirer for UPI and RuPay in the UK

News | Mobile Payments | 22 Aug 2022

India-based NPCI International Payments (NIPL) has signed a MoU with PayXpert to internationalise the acceptance of its payment solutions in the UK.

UPI, NPCI, partnership, QR payments, mobile payments, POS

WhatsApp Payments offers cashback to Indian users

News | Mobile Payments | 14 Jun 2022

WhatsApp has given Indian users USD 1.35 cashback and was allowed by the NPCI to expand its user base to 100 million.

WhatsApp, mobile payments, cashback, NPCI, expansion

WhatsApp to use clients' legal names for UPI payments

News | Digital Identity, Security & Online Fraud | 13 May 2022

WhatsApp has announced it will ask users for their legal names to proceed with UPI-based payments on the platform.

WhatsApp, UPI, fraud prevention, mobile payments, NPCI, bank account, digital identity

BHIM UPI goes live at NEOPAY terminals in the UAE

News | Online Payments | 25 Apr 2022

NPCI International Payments Ltd (NIPL), the international arm of the National Payment Corporation of India (NPCI), has announced that BHIM UPI is now live at NEOPAY terminals, across the UAE. 

NPCI, UPI, merchant, partnership, digital payments

India: Coinbase to suspend crypto payments

News | Cryptocurrencies | 11 Apr 2022

Three days after adding support for the Unified Payments Interface payment instrument in India, Coinbase has removed the feature to purchase Bitcoin using the system in India, according to Bitcoinist.

UPI, Bitcoin, RBI, NPCI, cryptocurrency exchange, cryptocurrency

The Unified Payment Interface (UPI) to be accepted in the UAE

News | Mobile Payments | 18 Mar 2022

Digital commerce enabler Network International has started cooperating with NPCI International Payment (NIPL) on accepting the UPI payment interface in the UAE.

NPCI, partnership, QR payments, mobile payments, UPI, real-time payments

UPI goes global with Nepal as its first integrated country

News | Online Payments | 18 Feb 2022

The National Payments Corporation of India (NPCI) has announced that Nepal has become the first country outside India to adopt UPI.

expansion, UPI, NPCI, cross-border payments, cross-border ecommerce, online payments, digital payments, digitalisation, P2P, P2P payments

PNB and Patanjali roll out co-branded contactless credit cards

News | Cards | 01 Feb 2022

India-based Punjab National Bank has teamed with retailer Patanjali Ayurved to launch co-braded contactless credit cards on NPCI’s RuPay platform.

credit card, debit card, partnership, financial inclusion, cashback, NPCI, loyalty programme

City Union Bank launches RuPay On-The-Go payment solution for smartwatches

News | Mobile Payments | 25 Jan 2022

India-based bank City Union Bank (CUB) and GOQii, a local tech-enabled preventive healthcare platform have announced the launch of RuPay On-The-Go payment solution through their debit cards in a fitness watch.

partnership, NPCI, contactless payments, debit card, online payments, super app

Snapdeal and BOB Financial launch co-branded RuPay credit card

News | Cards | 25 Jan 2022

India-based pure-play value ecommerce platform Snapdeal has announced its partnership with bank BOB Financial and the National Payments Corporation of India (NPCI) to launch a co-branded credit card.

partnership, credit card, NPCI, contactless payments, SMEs, ecommerce, online platform

Transact365 launches cross-border payments in India

News | Payments General | 25 Jan 2022

UK-based fintech Transact365 has added local payments for merchants in India, according to an official press release.  

fintech, UPI, cross-border payments, NPCI

Facilitating cross-border acceptance and remittances in India – interview with NPCI

Interviews | Online Payments | 24 Jan 2022

Ritesh Shukla, CEO of NPCI International Payments Limited (NIPL): 'Through NPCI International, we aim to facilitate the internationalisation of India’s self-reliant payment system to newer markets, globally.'

NPCI, UPI, merchants, cross-border payments, cross-border ecommerce

Snapdeal and BoB Financial to issue RuPay credit cards

News | Cards | 14 Jan 2022

India-based ecommerce platform Snapdeal has partnered with BoB Financial and NPCI to launch co-branded RuPay credit cards for online customers based in smaller cities.

ecommerce, NPCI, partnership, credit card, Issuer

Jio users can make payments using UPI Autopay

News | Online Payments | 06 Jan 2022

India-based telecommunication company Reliance Jio has introduced a series of features users can benefit from through MyJio App using UPI Autopay.

online payments, product upgrade, NPCI, direct carrier billing

Indian state initiates e-RUPI payment for scholarship fees

News | Online Payments | 03 Jan 2022

NPCI, State Bank of India, and Department of e-Governance, Government of Karnataka have partnered for enabling and implementing e-RUPI, a cashless and contactless payment solution for Indian students.

NPCI, central bank, e-money, digitalisation, QR code, POS

NPCI enables the market on Tokenisation for RuPay users with NTS

News | Digital Identity, Security & Online Fraud | 20 Dec 2021

National Payments Corporation of India has started collaborating with companies such as bigbasket and Paytm to introduce a Tokenisation facility supported by the NTS.

NPCI, tokenization, partnership, RBI, fraud prevention, debit card, credit card

Western Union and NPCI International sign MoU

News | Payments General | 17 Dec 2021

Western Union and NPCI International Payments Limited (NIPL) have signed a Memorandum of Understanding (MoU) to strengthen real-time bank account payouts in India.

Western Union, real-time payments, NPCI, banks, remittance

RBI to push UPI payments through feature phones

News | Mobile Payments | 13 Dec 2021

The Reserve Bank of India has announced a proposal to popularise UPI payments on feature phones, bringing the third iteration of the feature phone payments push in the country.

mobile payments, RBI, NPCI, UPI, product upgrade