UPI

India’s Mobile Payments Embrace Lays Fertile Ground for Walmart, Amazon eCommerce Ambitions

India’s Mobile Payments Embrace Lays Fertile Ground for Walmart, Amazon eCommerce Ambitions
India’s Mobile Payments Embrace Lays Fertile Ground for Walmart, Amazon eCommerce Ambitions
August 18, 2023  |  eCommerce

The jousting between Amazon and Walmart for eyeballs browsing market places, and share of digital wallet for consumer spending, is finding an evolving battleground in...

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Paytm Adding Products and People as it Achieves Operational Profitability
Paytm Adding Products and People as it Achieves Operational Profitability
May 05, 2023  |  Earnings

Paytm recorded 61% year-over-year revenue growth during its fiscal year 2023. The Indian eCommerce and payment system and financial technology company also achieved operational profitability, Paytm...

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India Allows Banks to Issue Credit Lines Via UPI
India Allows Banks to Issue Credit Lines Via UPI
April 06, 2023  |  Payment Methods

India’s digital transformation of financial services continues — and now pre-approved credit lines are linked to the United Payments Interface (UPI). In an announcement Thursday (April...

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India’s UPI Success May Chart Path for Real-Time Payments in the US
India’s UPI Success May Chart Path for Real-Time Payments in the US
March 07, 2023  |  Real-Time Payments

India’s United Payments Interface (UPI), the real time payments system, is showing explosive growth. And the tailwind to digital payments adoption, along with linkages to...

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India’s UPI Paves Path for Global, Interoperable Real-Time Remittance Network
India’s UPI Paves Path for Global, Interoperable Real-Time Remittance Network
January 11, 2023  |  Cross-border Payments

India is paving the path to payments interoperability — not just across providers, but across borders. For payments to become truly ubiquitous — especially real-time...

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Increasing RuPay, UPI Acceptance In EU, Middle East Helps Indian Travelers Spend With Ease
Increasing RuPay, UPI Acceptance In EU, Middle East Helps Indian Travelers Spend With Ease
October 18, 2022  |  Cross-border Payments

When the Reserve Bank of India (RBI) outlined its vision for a national payment system that would rival international card schemes, its primary goals were...

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EMEA Daily: Worldline Enables Indian Payment Methods RuPay and UPI in Europe
EMEA Daily: Worldline Enables Indian Payment Methods RuPay and UPI in Europe
October 11, 2022  |  Cross-border Payments

Today in Europe, the Middle East and Africa (EMEA) news, Worldline partners with the National Payments Corporation of India (NPCI) to expand the acceptance of...

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India Opens Discussion on Payment Fees
India Opens Discussion on Payment Fees
August 18, 2022  |  Payment Methods

Public feedback is being sought from consumers and merchants by the Reserve Bank of India (RBI) regarding all aspects of payment system charges across the...

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