Paytm’s regulatory troubles appear to have pushed Indian consumers to Walmart and Google-owned payments operations. Data released Wednesday (March 5) by the National Payments Council of India (NPCI) showed that the...
Indian eCommerce marketplace Flipkart has launched a Unified Payments Interface (UPI) handle to enhance its digital payment offerings by adding India’s popular instant payments system. The new Flipkart UPI...
Embattled Indian FinTech Paytm is reportedly turning to a group of banks for help. The company is likely to work with Aix Bank, HDFC, Yes Bank and...
India’s banking regulator has made some high-profile enforcement moves in recent weeks. Last month, the Reserve Bank of India (RBI) ordered Paytm Payments Bank to...
IndusInd Bank has launched a corporate credit card on the RuPay network. With this launch, the new eSvarna corporate credit card will integrate Unified Payments Interface (UPI) functionality, the bank...
Real-time payments have revolutionized how money moves in the global economy. In an era defined by rapid technological advancements and increasing consumer demand for convenience...
Brazilian payments company Ebanx is reportedly preparing to expand into India by year’s end. As Bloomberg News reported Monday (Sept. 18) the company will soon begin letting global merchants...
India’s monthly Unified Payments Interface (UPI) transaction count has topped 9 billion in a single month. The real-time payments system’s transaction count hit 9.41 billion in May,...
India and Singapore have linked their real-time payment systems to simplify cross-border remittances. The two countries’ central banks announced the linkage Tuesday (Feb. 21), saying...