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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 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
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
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
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 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
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
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 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, 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 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
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
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 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
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
Google has announced its plans to launch the SoundPod, its portable speaker developed to validate and announce successful payments instantly, to SMEs across India.
product launch, SMEs, POS, payments , mobile payments, UPI
The Reserve Bank of India (RBI) and Nepal Rastra Bank (NRB) are in discussions to connect their respective fast payment systems to facilitate cross-border remittances between India and Nepal.
central bank, UPI, cross-border payments, remittances
An Indian parliamentary panel has released a report in order to red-flag PhonePe and Google Pay, which currently process 83% of India’s UPI payments.
regulation, digital payments, online payments, mobile payments, payments , UPI, ecommerce
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
Motie Bring, Chief Executive Officer at PPRO, elaborates on how to shape a payment strategy that helps ensure cross-border success.
online payments, cross-border payments, account-to-account payment, ecommerce, payment methods, BNPL, PSP, merchants, e-wallet, UPI, PIX