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Razorpay purchases Ezetap

News | Payments General | 18 Aug 2022

India-based fintech RazorPay has acquired payment solutions company Ezetap in a cash-and-equity deal to tap offline payments.

omnichannel, acquisition, UPI, tokenization, online payments

RazorpayX to support seamless cashback transactions via UPI for WhatsApp

News | Mobile Payments | 24 Jun 2022

WhatsApp has onboarded RazorpayX, the neo-banking arm of Razorpay, to enable a smooth cashback experience via UPI for its users across India.

UPI, WhatsApp, Razorpay, cashback, mobile payments

Apple validates end to debit and credit card payments in India

News | Cards | 20 May 2022

Apple has confirmed that credit and debit cards no longer work for subscription payments in India to comply with new government regulations.

debit card, credit card, Apple, subscription payments, UPI

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

Cashfree Payments launches Aadhaar Verification

News | Digital Identity, Security & Online Fraud | 04 Apr 2022

India-based banking solution company Cashfree Payments has rolled out Aadhaar Verification for authenticating bank accounts, PAN, UPI, and IFSC.

identity verification, product launch, KYC, IBAN, UPI

Google Pay enables Tap to Pay for UPI

News | Mobile Payments | 01 Apr 2022

Google Pay has launched the ‘Tap to Pay’ UPI-based payment system on collaboration with Pine Labs.

Google Pay, UPI, Tap-to-Pay, mobile payments, contactless payments, NFC

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

RBI launches UPI for feature phones and digital payments helpline

News | Online Payments | 16 Mar 2022

The Reserve Bank of India has launched UPI123Pay to make Unified Payments Interface (UPI) payments for feature phone users, and DigiSaathi – a 24x7 Helpline for digital payment users. 

RBI, UPI, online payments, mobile payments, contactless payments

Cashfree Payments launches SoftPOS for businesses

News | Mobile Payments | 14 Mar 2022

India-based payments and API banking solution Cashfree Payments has announced the launch of SoftPOS solution for a series of businesses, including grocery stores, retail shops, and food delivery apps.

SoftPOS, mPOS, mobile payments, local payment method, BNPL, digital wallet, QR code, QR payments, UPI, Android

RBI launches UPI payments service phones

News | Mobile Payments | 09 Mar 2022

The Reserve Bank of India (RBI) has announced the official launch of a new service that allows users to make UPI payments on their phones.

Reserve Bank of India, UPI, online payments, digitalisation, payments , mobile payments, mobile money

Standard Chartered and IATA to launch IATA Pay in India

News | Payments General | 24 Feb 2022

Standard Chartered has partnered with the International Air Transport Association (IATA) to launch IATA Pay in India.

partnership, product launch, UPI, real-time payments, bank account

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

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

Google Pay and Indifi partner to offer instant MSME credit

News | Online Payments | 14 Jan 2022

Alternative payments solution Google Pay has announced its latest partnership with India-based online lending platform Indifi Technologies to provide loans to MSMEs.

Google Pay, partnership, SMEs, SME lending, online payments, lending, UPI, mobile payments

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

YES BANK collaborates with Amazon Pay and AWS to offer UPI

News | Online Payments | 26 Nov 2021

YES BANK has announced its collaboration with Amazon Pay and Amazon Web Services (AWS), to offer customers an instant real-time payment system via a UPI transaction facility, according to IBSintelligence.

UPI, instant payments, digitalisation

Network International and NPCI International sign MoU

News | Mobile Payments | 18 Nov 2021

UAE-based fintech Network International has signed a Memorandum of Understanding (MoU) with India-based NPCI International to discuss the acceptance of Unified Payments Interface in the UAE.

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