UPI

RuPay Card Granted First UPI Connection by India’s Central Bank
RuPay Card Granted First UPI Connection by India’s Central Bank
June 08, 2022  |  International

The Reserve Bank of India (RBI) granted permission to RuPay, the first FinTech with such authorization, to connect their cards with the unified payments interface...

READ MORE >
Today in the Connected Economy: Amazon, Walmart Vie for Metropolis Partnership
Today in the Connected Economy: Amazon, Walmart Vie for Metropolis Partnership
May 20, 2022  |  Connected Economy

Today in the connected economy, Metropolis Healthcare Ltd. looks for a strategic partner, and Amazon and Walmart are both reportedly in the running. Also, Square...

READ MORE >
India’s UPI Platform Logs Record $100B in Transactions
India’s UPI Platform Logs Record $100B in Transactions
November 02, 2021  |  Digital Payments

The National Payments Corporation of India (NPCI)’s flagship payments platform has crossed the $100 billion mark. The platform announced this week that its Unified Payments...

READ MORE >
As Real-Time Payment Rails Rise, Interoperability Comes Into Focus
As Real-Time Payment Rails Rise, Interoperability Comes Into Focus
April 29, 2021  |  B2B Payments

Embracing new payment rails, and enhancing the value of existing ones, remains a key part of promoting overall payment innovation. But as real-time payment networks...

READ MORE >
Reserve Bank Of India To Expand Digital Payment Options
Reserve Bank Of India To Expand Digital Payment Options
August 07, 2020  |  Digital Payments

India has seen a steady stream of digital payments since it locked down to prevent the spread of COVID-19, but the nation of 1.3 billion...

READ MORE >
India’s UPI Hits 1.34B In June Transaction Volumes
India’s UPI Hits 1.34B In June Transaction Volumes
July 26, 2020  |  Digital Payments

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...

READ MORE >
DBS Bank India Collab Provides Truck Drivers With Instant Payments
DBS Bank India Collab Provides Truck Drivers With Instant Payments
June 02, 2020  |  B2B Payments

DBS Bank India is partnering with Transport Corporation of India Limited (TCIL), which works in supply chains and logistics services, to provide truck drivers with...

READ MORE >
India’s BHIM Payments Site May Have Exposed 7 Million Users’ Data
India’s BHIM Payments Site May Have Exposed 7 Million Users’ Data
June 02, 2020  |  Security & Fraud

India’s BHIM payment app has reportedly accidentally exposed the personal data of 7 million users, including addresses, scans of Aadhar IDs and caste certificates, according...

READ MORE >
New Payment Rails Take On Real-Time B2B Friction
New Payment Rails Take On Real-Time B2B Friction
February 11, 2020  |  B2B Payments

The latest data from Nacha found a new record-high growth rate for adoption of ACH payments, with B2B payments showcasing a surge in adoption of...

READ MORE >