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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
Google Wallet has set to launch in India, separate from Google Pay.
digital wallet, mobile payments, product launch, digital payments, loyalty programme
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
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
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
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 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
India-based online payments solution company PayU has partnered with the National Payments Corporation of India (NPCI).
partnership, online payments, fintech, digital payments
The National Payments Corporation of India has launched a new initiative to implement a real-time payment link between India and the US.
real-time payments, cross-border payments, partnership, online payments
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
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
Google India Digital Services has signed a Memorandum of Understanding (MoU) with NPCI International Payments (NIPL), a subsidiary of NPCI, to expand UPI internationally.
UPI, mobile payments, digitalisation, expansion, Google Pay
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
Building onto our previous reporting related to the partnerships that took place in Q3 2023 within the payments and commerce space, this analysis focuses on the banking and fintech industry.
banking, fintech, fraud prevention, financial crime, Open Banking, Open Finance, crypto, web3, The Paypers Quarterly Analysis series
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
Mark Beresford and Elisabetta Nadal from Edgar, Dunn & Company discuss the future of digital wallets as consumers’ preferences shift from physical cards to digital wallets stored in their smart devices.
payments , payment methods, digital wallet, e-wallet, contactless payments, ecommerce, commercial card, merchants, fintech
India-based Hitachi Payment Services has launched the HPX programme to collaborate with fintech startups for long-term investment.
partnership, fintech, product launch, payments , PSP