Indian consumers are reportedly increasing their cash usage ahead of new fees on the country’s popular digital payment system. Beginning next month, the United Payments...
Instant payments may look free to the person tapping “send,” but somebody must pay to keep the money moving around the clock. News surrounding India’s...
For six years, India’s United Payments Interface (UPI) has been free for everyone involved, but that’s reportedly about to change. Reuters reported Wednesday (Sept. 16) that India is...
Apple is reportedly working on bringing Apple Pay to India sometime this year. That’s according to a report Wednesday (Jan. 21) from the website Moneycontrol,...
PhonePe, India’s largest digital payments company, is reportedly closer to going public. The Walmart-backed firm’s initial public offering (IPO) has gotten the approval of regulators,...
India is reportedly preparing to introduce biometric authentication to its national domestic payments network. Starting Oct. 8, users of the United Payments Interface (UPI) will...
India is campaigning for greater loan activity on its national digital payments network. As the Financial Times (FT) reported Sunday (Aug. 31), The National Payments...
India’s government is denying rumors of new fees on the country’s popular instant payment system. “Speculation and claims that the MDR will be charged on...