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...
India may not have banned cryptocurrency outright, as threatened, but the government is certainly making life hard for exchanges trying to service its would-be buyers...
The State Bank of India (SBI) has cut off payments made with its Unified Payments Interface (UPI) to cryptocurrency exchanges, the EconoTimes reported. The news...
PayPal‘s Xoom, an international money transfer service, has integrated with NPIL’s/NPCI’s Unified Payments Interface (UPI) to offer inter-bank transactions in India, according to a press...
India has embraced its model for digital payments so much that it intends to take it global. Since its debut four years ago, India’s Unified...
Welcome to The Axis, your late look at payments news from around the world. Coverage includes the U.A.E.’s ENOC’s launch of a mobile option for...
Facebook-owned WhatsApp is still working towards approval from the Indian government to officially launch its payment service across the country. In February, WhatsApp launched a...