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The Monetary Authority of Singapore (MAS) and the Reserve Bank of India have announced plans to link Singapore's PayNow system with India's UPI real-time payment system.
PayNow, UPI, money transfer, money remittance
Liquid Group, a Singapore-based fintech, has partnered with payment service provider NPCI International Payments to ensure UPI QR transactions are accepted by merchants across Asia.
partnership, UPI, QR payments, cross-border payments, mobile payments
Cashfree has partnered with Deskera, a Singapore-based provider of cloud-based solutions for small and mid-sized businesses.
Cashfree, partnership, SMEs, cloud, UPI, e-invoicing
American Express has announced its service will no longer be available for Samsung Pay in India with the beginning of October 1, 2021.
mobile payments, American Express, Samsung Pay, UPI
National Payment Corporation of India (NPCI) has announced a partnership with UAE-based Mashreq Bank to offer Unified Payments Interface (UPI) in the UAE.
partnership, NPCI, UPI, mobile payments
PhonePe, an India-based online payments app, has raised USD 350 million from new and existing investors as part of the USD 700 million round it announced in December 2020.
online payments, funding, Flipkart, UPI
Whatsapp has launched backgrounds to payments for its users, in collaboration with the National Payments Corporation of India.
mobile payments, product upgrade, partnership, WhatsApp, NPCI, UPI
Apple has started accepting App Store and iTunes payments in India using UPI and Rupay cards and Net Banking.
Apple, product upgrade, mobile payments, UPI
UPI, NPCI, mobile payments
India-based Airtel Payments Bank has launched ‘Pay to contacts,’ which allows customers to initiate UPI payments by selecting the recipient’s mobile number from the phone book.
product launch, mobile payments, UPI, mPOS
acquisition, merchants, loyalty programme, UPI, online payments
ACI Worldwide, study, transaction fraud, UPI, e-wallet
e-wallet, UPI, mobile payments
RBI, e-wallet, mobile payments, UPI
Google Pay, UPI, mobile payments
NPCI, UPI, partnership, instant payments, cross-border payments
Amazon, marketplace, UPI, ecommerce
Paytm, IPO, UPI, online payments
PhonePe has partnered with Axis Bank to boost the UPI multi-bank model.
PhonePe, Axis Bank, partnership, India, Asia, UPI, Multi-bank, transactions , mobile payments
The Paypers sat down with Dilip Asbe, MD and CEO of National Payments Corporation of India (NPCI), to learn more about India’s digital transformation and the status of instant payments in the region
Dilip Asbe, National Payments Corporation of India, NPCI, interview, India, digital transformation, instant payments, UPI, merchants, smartphone penetration, real-time payments