Sections
UPI
-
Digital PaymentsIndia’s UPI Hits $1.34B In June Transaction Volumes
India has embraced its model for digital payments so much that it intends to take it global. Since its debut four years...
-
B2B PaymentsDBS Bank India Collab Provides Truck Drivers With Instant Payments
DBS Bank India is partnering with Transport Corporation of India Limited (TCIL), which works in supply chains and logistics services, to provide...
-
Security & FraudIndia’s BHIM Payments Site May Have Exposed 7 Million Users’ Data
India’s BHIM payment app has reportedly accidentally exposed the personal data of 7 million users, including addresses, scans of Aadhar IDs and...
-
B2B PaymentsNew Payment Rails Take On Real-Time B2B Friction
The latest data from Nacha found a new record-high growth rate for adoption of ACH payments, with B2B payments showcasing a surge...
-
B2B PaymentsInnoviti Launches UPI-Compliant B2B POS Solution In India
Indian payment solutions company Innoviti has launched a point-of-sale (POS) solution called Saadhan to give B2B businesses a convenient payments package that...
-
GoogleGoogle Launches Mobile Plan Browse, Recharge Feature In India
For Google — and specifically for Google Pay — India’s continued push into digital payments offers a tremendous greenfield opportunity, and perhaps...
-
B2B PaymentsCashfree Opens India’s UPI For Corporate Use Cases
Indian payments and banking technology company Cashfree has launched a Unified Payment Interface (UPI) stack with more than 15 integrations for businesses’...
-
InternationalIndia Bankers Seek Removal Of Fees On UPI, RuPay Transactions
In India, call it the war of the fees. In the wake of the government’s elimination beginning this year of the merchant...
-
Payment MethodsIndian Telecom Provider Reliance Jio To Roll Out UPI Payments
Indian telecom operator Reliance Jio, the largest in the country, is entering the Unified Payments Interface (UPI) space to compete alongside rivals,...
-
Mobile PaymentsPaytm Launches QR Code System For Multi-Platform Payments
Indian financial firm Paytm will intensify efforts to become a major player in one of the world’s biggest payments markets, according to...
-
InternationalRBI Enables UPI Payments For Tolls
The Reserve Bank of India (RBI) has made some payment moves to boost the National Electronic Toll Collection (NETC) in the country,...
-
NewsGoogle Offers Advice To The Fed On FedNow
Google sent a letter to the Federal Reserve, asking the U.S. central bank to consider modeling FedNow after the Unified Payments Interface (UPI)...
-
InternationalWhatsApp Pay India Debut May Face Delay
In India, a delay for WhatsApp Pay? Reports came Wednesday (Oct. 9) from the Business Standard, and through Money Control, that there...
-
Mobile PaymentsLosses Mount For India’s Paytm Parent One97
Paytm’s parent One97 Communications posted $549 million in net losses for the fiscal year ending in March, according to reports on Monday...
-
Payment MethodsPaytm’s India’s Usage Plummets; Google Pay, PhonePe See Spike
After being a usage leader in India’s Unified Payments Interface (UPI), Paytm experienced a sharp decline in transactions in July, while Google...
-
Digital PaymentsWhatsApp Pay India Debut Targets Paytm Users
With the digital payments market heating up in India as major players enter it, Facebook-owned WhatsApp Pay is expected to be a...
-
Smarter PaymentsIn India, Faster Payments Deliver ‘Instant Gratification’ To Migrants
For many Indian migrant workers, sending remittances involves the anxiety-inducing experience of giving cash to couriers or postal services and hoping for...
-
Security & FraudMaking P2P Payments Fraud-Free
In today’s digital payments ecosystem, businesses, banks and consumers alike want access to their money as fast as possible. While person-to-person (P2P)...
-
Global PaymentsWirecard Teams Up With Cognigy For Chatbot Payments, YES BANK Rolls Out Cashless System
Welcome to The Axis, your look at payments news from around the world. Coverage includes Germany’s Wirecard works with Cognigy on digital payments...
-
South AsiaTruecaller Thinks It Can Beat Paytm In India
While Sweden’s Truecaller is not new to the Indian payments ecosystem, it entered the India mobile market over a year ago during...
-
GoogleGoogle Goes Ultrasonic With Payments In India
Google has unveiled Tez, a new payment app for users in India that can transfer money between two people without requiring any...
-
GoogleGoogle’s Big Mobile Moves In India
Over the last 18 months, India has moved full-speed ahead from a nearly entirely cash-based society to one with ambitions of being...
- Payment Methods
Cash-Free Payments To Get A Boost In India
There may be a winner that emerges from the snafus and snarls caused by the demonetization of Indian notes that have effectively...
