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The top six payment trends for 2025

Voice of the Industry | Payments General | 11 Dec 2024

Frank Breuss, CEO and Co-Founder, and Ruta Rasickiene, Expansion Manager at Nikulipe, explore the technologies and innovations driving faster, safer, and more inclusive payment systems, and shaping the future of commerce.

payments , payment methods, payment trends, paytech, fintech, real-time payments, RTPs, UPI, blockchain, ecommerce, cross-border payments, FedNow, digital currency, DeFi, CBDC, artificial intelligence, compliance, regulation, embedded payments, Open Banking, digital wallet, ESG, cybersecurity

MobiKwik's ZaakPay integrates Meta to deliver payments on WhatsApp

News | Payments General | 20 Sep 2024

India-based fintech company MobiKwik has announced that its payment gateway arm, ZaakPay, has partnered with Meta to provide an embedded payment solution via WhatsApp

partnership, payment methods, UPI, digital wallet, credit card, debit card, SMEs

HDFC Bank introduces new UPI and CBDC features

News | Cryptocurrencies | 03 Sep 2024

HDFC Bank has introduced new features for the Unified Payments Interface (UPI) and Central Bank Digital Currency (CBDC), developed in collaboration with various fintech partners.

cryptocurrency, product upgrade, CBDC, UPI

Pine Labs launches UPI-focused payments platform

News | Mobile Payments | 07 Aug 2024

Pine Labs, an India-based merchant platform that provides payment solutions and Axis Bank have recently launched UPISetu, an UPI-focused payments platform for businesses and developers.

cashback, QR code, digitalisation, product launch, UPI, online banking, refund, payment gateway, payment processing, merchant, SMEs, mobile payments, API, fintech

Google Pay, PhonePe, Amazon Pay eye India's e-Rupee Pilot

News | Cryptocurrencies | 05 Aug 2024

Google Pay, PhonePe, and Amazon Pay are seeking to join India's e-rupee pilot, aiming to boost digital currency adoption through their platforms.

CBDC, payment methods, UPI, NPCI, digital payments

Flipkart launches unified payment interface 'Flipkart Pay'

News | Ecommerce | 31 Jul 2024

India-based ecommerce company Flipkart has merged all its payment and fintech offerings under a single vertical - ‘Flipkart Pay’ - to enable seamless payments for customers.

ecommerce, payment methods, UPI, checkout optimisation , fintech

TechFini achieves NPCI certification for UPI solutions

News | Payments General | 18 Jul 2024

India-based fintech startup TechFini has received approval from NPCI to facilitate UPI-based payment solutions to banks, financial institutions, and fintechs.

UPI, certification, NPCI, payments infrastructure, fintech

NPCI International collaborates with Qatar National Bank

News | Payments General | 12 Jul 2024

NPCI International Payments Limited (NIPL) has signed an agreement with Qatar National Bank to launch QR code-based UPI payments across the country.

UPI, QR code, QR payments, partnership

RBI joins Project Nexus for instant cross-border retail payments

News | Payments General | 04 Jul 2024

The Reserve Bank of India (RBI) has joined Project Nexus, an international initiative to enable instant cross-border retail payments by interlinking domestic FPS.

instant payments, P2P payments, UPI, cross-border payments, real-time payments

BIS to launch cross-border payments platform

News | Online Payments | 02 Jul 2024

The central banks of India, Malaysia, Thailand, Singapore, and the Philippines have announced their plans to launch an instant cross-border retail payments platform.

cross-border payments, digital payments, UPI, instant payments, partnership

ICICI Bank launches SmartLock for iMobile Pay

News | Digital Identity, Security & Online Fraud | 25 Jun 2024

India-based ICICI Bank has announced that it introduced SmartLock, a safety measure that allows its customers to lock and unlock several banking services. 

online security, credit card, debit card, UPI, online banking, digital banking

NPCI International joins forces with BCRP

News | Payments General | 06 Jun 2024

NPCI International Payments Limited (NIPL) has entered a collaboration with the Central Reserve Bank of Peru (BCRP) to allow the deployment of a UPI-like system in Peru. 

partnership, UPI, payments , online payments, financial services, financial inclusion, digital payments

PhonePe, LankaPay to advance UPI payments in Sri Lanka

News | Payments General | 17 May 2024

India-based fintech company PhonePe, in collaboration with LankaPay, has announced its plans to enable UPI transactions for its users across Sri Lanka. 

partnership, cross-border payments, UPI, payments , mobile payments, financial services

Paytm launches UPI Lite wallet

News | Mobile Payments | 14 May 2024

India-based digital payments app Paytm has introduced its UPI Lite wallet for small-value transactions without the need of a PIN.

digital wallet, UPI, mobile payments, QR code, product launch

NPCI International partners with Bank of Namibia

News | Payments General | 06 May 2024

NPCI International Payments Limited (NIPL) has signed an agreement with the Bank of Namibia to support them in developing a UPI stack in Namibia. 

digital payments, financial inclusion, unbanked, UPI, payments

SuperUs unveils dynamic QR code device for streamlined transactions

News | Payments General | 30 Apr 2024

SuperUs, an Indian tech Original Equipment Manufacturer (OEM), has introduced a new product called the Dynamic QR Code device, combining the functionalities of a cash terminal and checkout terminal.

digital payments, UPI, transactions , NPCI

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

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 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

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