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India-based Axis Bank and fintech Fibe have partnered to launch a numberless credit card for tech savvy Gen Zs in India.
product launch, partnership, UPI, cashback, Gen Z
Finland-based HMD Global has updated its Nokia 2660 flip phones to support UPI Scan and Pay in a bid to make digital transactions easier and more secure.
mobile payments, product upgrade, UPI, mobile banking
India-based NPCI International has partnered with global payment platform Paymentwall to offer UPI as a payment method for US and UK-based clients.
UPI, partnership, payments , ecommerce
Brazil-based tech company specialising in payments for rising markets EBANX has expanded its operations to India.
expansion, fintech, paytech, local payment method, UPI, QR payments, subscription payments, ecommerce, digitalisation, payments
Fonepay Payment Service and NPCI International Payments (NIPL) have launched a QR code-based payment solution between Nepal and India.
partnership, cross-border payments, UPI, digital payments, payment methods
The Reserve Bank of India (RBI) governor has announced the launch of a new UPI digital payments suite built by the National Payments Corporation of India (NPCI).
product launch, payments , paytech, digitalisation, fintech, QR code, UPI, Tap-to-Pay, credit access, NFC, artificial intelligence
India-based Hitachi Payment Services in association with NPCI has launched UPI-ATM as a White Label ATM (WLA) to offer secure cardless cash withdrawals.
UPI, cashless, payments , digital payments, product launch
India-based YES BANK has gone live with Unified Payments Interface (UPI) interoperability on the Reserve Bank of India (RBI) Central Bank Digital Currency (CBDC) app.
product launch, UPI, CBDC, digital currency, banking, fintech, digitalisation, QR code, transactions , crypto
India-based payments and API banking solution company Cashfree Payments has announced the launch of Vendor Payments to help businesses simplify the purchase-to-pay cycle.
product launch, payments , paytech, banking, API, fintech, e-invoicing, accounts payable, UPI, ERP, B2B payments, financial data
India Central Bank has proposed new AI-powered instant conversational payments in order to improve the overall digitalisation process in the region.
product launch, artificial intelligence, machine learning, payments , UPI, online payments, digital payments, mobile payments
India-based YES BANK has introduced UPI payments facility through its RuPay credit cards, which before was limited to POS/ecommerce-based transactions.
credit card, UPI, NPCI, virtual card, digitalisation
India-based fintech PhonePe has announced the launch of an income tax payment feature developed in partnership with digital B2B payments service provider PayMate.
product launch, partnership, payments , paytech, fintech, credit card, UPI, B2B payments, tax bill, banking
Apple has engaged in talks with Indian authorities and NPCI to launch its payments service Apple Pay in the South Asian market.
Apple, Apple Pay, QR payments, NPCI, UPI
India-based fintech Razorpay has launched Turbo UPI to allow customers of online merchants to make UPI payments with redirection to a third-party UPI app during checkout.
UPI, online payments, fintech, checkout optimisation , ecommerce
PwC India has released a report which highlights that UPI is projected to dominate retail digital payments in India, accounting for 90% of transactions until 2027.
UPI, digital payments, debit card, credit card, report
India-based fintech PhonePe has received an additional USD 100 million from General Atlantic, raising the total to USD 850 million in its ongoing financing round.
ecommerce, UPI, funding, expansion, payment processing
Japan has taken into consideration adopting India’s UPI payments system as both governments look at promoting interoperability through ease of cross-border payments.
UPI, digitalisation, cross-border payments, digital identity, partnership
Visa has launched a new feature in India that enables users to make online payments without using a CVV number.
tokenization, debit card, credit card, fraud prevention, Visa, UPI
India and Russia have discussed the possibility of enabling RuPay and Mir card acceptance in each country for simplified payments amid sanctions imposed on Russia by the West.
partnership, payments , payment processing, card scheme, cross-border payments, financial services, payment methods, local payment method, UPI, SWIFT, digital payments, remittances, fintech, ecommerce, merchants
Digital payments infrastructure provider PPRO has partnered with NPCI International Payments Limited (NIPL) to offer global partners access to UPI for cross-border transactions.
partnership, cross-border payments, cross-border ecommerce, UPI, real-time payments, digital payments, payment methods, expansion, fintech, ecommerce, merchants, PSP, financial services, platform, online shopping, instant payments, settlement, transactions