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KuCoin Launches New Pay Feature That Enables UPI-Like Payments via QR Codes
KuCoin has unveiled KuCoin Pay, a new payment solution enabling merchants and businesses to accept cryptocurrency for goods and services. Once integrated into their payment systems, merchants receive a unique QR code that customers can scan to complete transactions using crypto.Â
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India To Create A Cross-Border Retail Payment Platform With 4 ASEAN Countries
Nexus, conceptualised by the Innovation Hub of the Bank for International Settlements (BIS), aims to connect India's UPI with the fast payment systems of ASEAN members.
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Paytm Disbursed Over Rs. 5,500 Crore in Loans; While UPI Crosses 10 Billion Transactions in August
Fintech major Paytm on Tuesday said it disbursed $667 million (Rs. 5,517 crore) loans through its platform and deployed 87 lakh devices for offline payments in August. Meanwhile, Unified Payments Interface (UPI) transactions crossed 10 billion mark in August, the National Payments Corporation of India (NPCI) said.
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PhonePe Launches Support for Cross-Border UPI Payments in Select Countries: Report
PhonePe, Indian digital payments and financial technology company, has launched support for cross-border UPI payments, under UPI International. The apps' users can now use their Indian bank accounts to pay at merchant outlets in the UAE, Singapore, Mauritius, Nepal and Bhutan, The Bhutan Live reported. Earlier, Indian users had to use either foreig...
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Digital Credit Service to Roll Out in 2023, UPI Services for NRIs to Be Made Available in 10 Countries
The government will roll out digital credit service this year which will enable even small street vendors to avail credit from large banks, Telecom and IT Minister Ashwini Vaishnaw said on Thursday. Speaking at 'Digital Payments Utsav', Vaishnaw said it will be rolled out like UPI service and will be a big achievement under Prime Minister Narendra ...
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Reliance Retail to Accept Digital Rupee CBDC for Payments in Mumbai Amid India’s Silence on Crypto
Reliance Retail is set to accept India’s CBDC as a mode of payment in order to test its use-cases as well as drive its adoption. The development was confirmed by V Subramaniam, the Managing Director of Reliance Retail. Built on the distributed ledger system of blockchain, the CBDC is a digital representation of India’s fiat currency.
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Facebook Pay Will Extend to Online Retailers in August, Company Confirms
Facebook's payment system is all set to extend to online retailers in August this year. Check out all the details here.
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Amazon One Biometric Payments Unveiled, Lets You Pay by Hand-Waving
Amazon on Tuesday unveiled a new biometric payment system - Amazon One - using palm recognition, to be made available to rival retailers and also promoted as a replacement for badge entry at stadiums or workplaces.
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Amazon Wants You To Pay With A Hand Wave, Unveils New Biometric System
Amazon on Tuesday unveiled a new biometric payment system using palm recognition, to be made available to rival retailers and also promoted as a replacement for badge entry at stadiums or workplaces.
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RBI Releases Draft Framework For New Payment System
At present, National Payments Corporation of India (NPCI) is an umbrella organisation for retail payments systems.
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Amazon Said to Offer Discounts to Expand Its Payment System
Amazon.com is said to be offering to pass along the discounts it gets on credit-card fees to other retailers if they use its online payments service.
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Apple Pay Makes First Deal With Major French Bank, Societe Generale
A little more than a year after Apple Pay was launched in France, Societe Generale is the most important retail bank to sign on to the system for secure payments in stores, inside apps, and on the Web.
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Unified Payment Interface Launched. How It Will Change Mobile Payments
The National Payments Corporation of India has launched the Unified Payment Interface (UPI), which experts say has the potential to revolutionise mobile payment system in the country. NPCI is the umbrella organisation for all retail payment system in India.
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Cash May Be King, but Smartphones Seek to Rule at the Register
The stakes are high for phone makers, telcos and banks as the success of contactless systems could shake up the lucrative retail payments market.
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Retail Skirmish Blocks Apple Pay at Checkout Line
Merchants like McDonald's and Foot Locker are accepting Apple Pay. But a consortium of retailers called MCX plans to offer a rival mobile payment system next year.
-
KuCoin Launches New Pay Feature That Enables UPI-Like Payments via QR Codes
KuCoin has unveiled KuCoin Pay, a new payment solution enabling merchants and businesses to accept cryptocurrency for goods and services. Once integrated into their payment systems, merchants receive a unique QR code that customers can scan to complete transactions using crypto.Â
-
India To Create A Cross-Border Retail Payment Platform With 4 ASEAN Countries
Nexus, conceptualised by the Innovation Hub of the Bank for International Settlements (BIS), aims to connect India's UPI with the fast payment systems of ASEAN members.
-
Paytm Disbursed Over Rs. 5,500 Crore in Loans; While UPI Crosses 10 Billion Transactions in August
Fintech major Paytm on Tuesday said it disbursed $667 million (Rs. 5,517 crore) loans through its platform and deployed 87 lakh devices for offline payments in August. Meanwhile, Unified Payments Interface (UPI) transactions crossed 10 billion mark in August, the National Payments Corporation of India (NPCI) said.
-
PhonePe Launches Support for Cross-Border UPI Payments in Select Countries: Report
PhonePe, Indian digital payments and financial technology company, has launched support for cross-border UPI payments, under UPI International. The apps' users can now use their Indian bank accounts to pay at merchant outlets in the UAE, Singapore, Mauritius, Nepal and Bhutan, The Bhutan Live reported. Earlier, Indian users had to use either foreig...
-
Digital Credit Service to Roll Out in 2023, UPI Services for NRIs to Be Made Available in 10 Countries
The government will roll out digital credit service this year which will enable even small street vendors to avail credit from large banks, Telecom and IT Minister Ashwini Vaishnaw said on Thursday. Speaking at 'Digital Payments Utsav', Vaishnaw said it will be rolled out like UPI service and will be a big achievement under Prime Minister Narendra ...
-
Reliance Retail to Accept Digital Rupee CBDC for Payments in Mumbai Amid India’s Silence on Crypto
Reliance Retail is set to accept India’s CBDC as a mode of payment in order to test its use-cases as well as drive its adoption. The development was confirmed by V Subramaniam, the Managing Director of Reliance Retail. Built on the distributed ledger system of blockchain, the CBDC is a digital representation of India’s fiat currency.
-
Facebook Pay Will Extend to Online Retailers in August, Company Confirms
Facebook's payment system is all set to extend to online retailers in August this year. Check out all the details here.
-
Amazon One Biometric Payments Unveiled, Lets You Pay by Hand-Waving
Amazon on Tuesday unveiled a new biometric payment system - Amazon One - using palm recognition, to be made available to rival retailers and also promoted as a replacement for badge entry at stadiums or workplaces.
-
Amazon Wants You To Pay With A Hand Wave, Unveils New Biometric System
Amazon on Tuesday unveiled a new biometric payment system using palm recognition, to be made available to rival retailers and also promoted as a replacement for badge entry at stadiums or workplaces.
-
RBI Releases Draft Framework For New Payment System
At present, National Payments Corporation of India (NPCI) is an umbrella organisation for retail payments systems.
-
Amazon Said to Offer Discounts to Expand Its Payment System
Amazon.com is said to be offering to pass along the discounts it gets on credit-card fees to other retailers if they use its online payments service.
-
Apple Pay Makes First Deal With Major French Bank, Societe Generale
A little more than a year after Apple Pay was launched in France, Societe Generale is the most important retail bank to sign on to the system for secure payments in stores, inside apps, and on the Web.
-
Unified Payment Interface Launched. How It Will Change Mobile Payments
The National Payments Corporation of India has launched the Unified Payment Interface (UPI), which experts say has the potential to revolutionise mobile payment system in the country. NPCI is the umbrella organisation for all retail payment system in India.
-
Cash May Be King, but Smartphones Seek to Rule at the Register
The stakes are high for phone makers, telcos and banks as the success of contactless systems could shake up the lucrative retail payments market.
-
Retail Skirmish Blocks Apple Pay at Checkout Line
Merchants like McDonald's and Foot Locker are accepting Apple Pay. But a consortium of retailers called MCX plans to offer a rival mobile payment system next year.
