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PayPal Partners With NPCI, Others to Build Cross-Border Payments Platform Focused on Interoperability
PayPal on Wednesday announced a partnership with National Payments Corporation of India (NPCI) International Payments Limited and other global payment systems to build a new platform that will support cross-border transactions. Dubbed PayPal World, it will be a technology-agnostic platform that connects to all partnering payment systems. The San Jo...
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Indian Users Can Now Use UPI On Foreign Land, Sites Via PayPal World
In a major boost to cross-border digital payments, Indian users will now be able to use the Unified Payments Interface (UPI) to make payments internationally through PayPal.
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How Non-Resident Indians Can Use UPI With Foreign Mobile Numbers
UPI Payments For Foreigners: UPI is an instant payment system developed by the NPCI that allows users to make payments in seconds.
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UPI Transactions To Become Faster From June 16; Other Changes Coming Soon
The UPI system is set to implement other important changes from August in order to improve its performance.
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Opinion | Why India Is Pushing FATF To Ease Its Rules For UPI Payments
Card networks, mostly headquartered in the West, benefit from historical precedence. Instant payment systems, by contrast, are homegrown innovations in emerging markets, cheaper, faster, and vital for financial inclusion.
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PhonePe Launches ‘Made in India’ SmartSpeaker With 4G Support and Extended Battery Life
Walmart-backed PhonePe announced its ‘Made in India’ SmartSpeaker for merchants on Monday. It is a wireless speaker that can verify payments received over the Unified Payments Interface (UPI) instant payment system via real-time audio alerts. The device comes with a built-in speaker and is available in up to 21 language options.
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PM Modi Offers Linking UPI With Payment Systems Of BIMSTEC Nations
Seeking to impart fresh impetus to the BIMSTEC grouping, Prime Minister Narendra Modi on Friday proposed linking India's UPI with the payment systems of the member nations, a move that could boost trade, business and tourism within the region.
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UPI Services Restored, "System Stabilised" After Technical Glitch
UPI Services were restored for users on Wednesday following an outage that affected several UPI users across India.
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From June, You Can Use UPI, ATM For Provident Fund Withdrawals: Top Official
In a groundbreaking development for India's workforce, the Employees' Provident Fund Organisation (EPFO) is set to introduce a revolutionary new system for Provident Fund (PF) withdrawals through Unified Payments Interface (UPI).
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eRupee CBDC Has Amassed 5 Million Users in Retail Pilot, Set for More Programmability: RBI Governor
RBI Governor Shaktikanta Das claimed on Monday that in its pilot stage, the eRupee had managed to amass five million users. Das was speaking at a conference in Bengaluru.
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UPI One World Wallet Services Launched For NRIs, International Travellers by NPCI
UPI One World wallet service has been launched by the National Payments Corporation of India (NPCI) for non-resident Indians (NRIs) and international travellers visiting the country. The service was first announced last year during the G20 summit which India hosted. It will allow travellers who do not have an Indian bank account to access the Unifi...
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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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Nokia 3210 With Unisoc T107​ SoC, YouTube, UPI Apps Debuts in India: Price, Specifications
HMD has brought back the Nokia 3210 feature phone in India on Tuesday. The launch marks the 25th anniversary of the original unveiling of the phone. The new Nokia 3210 feature phone comes in three colour options and offers YouTube access. It packs a 1,450mAh battery, a 2-megapixel rear camera, and runs on Unisoc T107. The Nokia 3210 features a pre...
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India, Ghana Agree To Operationalise UPI Link Within 6 Months
India and Ghana have agreed to operationalise Unified Payment Interface (UPI) with Ghana Interbank Payment and Settlement Systems within six months in order to enable instant fund transfers for users in both countries, the Commerce Ministry said.
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Paytm Bags NPCI Approval for User Migration to New Payment System Provider Banks
One 97 Communications Limited (OCL), which owns the brand Paytm, has received the nod from NPCI to start the user migration to new Payment System Provider (PSP) bank handles, the company informed the stock exchanges in a filing on Wednesday.
-
PayPal Partners With NPCI, Others to Build Cross-Border Payments Platform Focused on Interoperability
PayPal on Wednesday announced a partnership with National Payments Corporation of India (NPCI) International Payments Limited and other global payment systems to build a new platform that will support cross-border transactions. Dubbed PayPal World, it will be a technology-agnostic platform that connects to all partnering payment systems. The San Jo...
-
Indian Users Can Now Use UPI On Foreign Land, Sites Via PayPal World
In a major boost to cross-border digital payments, Indian users will now be able to use the Unified Payments Interface (UPI) to make payments internationally through PayPal.
-
How Non-Resident Indians Can Use UPI With Foreign Mobile Numbers
UPI Payments For Foreigners: UPI is an instant payment system developed by the NPCI that allows users to make payments in seconds.
-
UPI Transactions To Become Faster From June 16; Other Changes Coming Soon
The UPI system is set to implement other important changes from August in order to improve its performance.
-
Opinion | Why India Is Pushing FATF To Ease Its Rules For UPI Payments
Card networks, mostly headquartered in the West, benefit from historical precedence. Instant payment systems, by contrast, are homegrown innovations in emerging markets, cheaper, faster, and vital for financial inclusion.
-
PhonePe Launches ‘Made in India’ SmartSpeaker With 4G Support and Extended Battery Life
Walmart-backed PhonePe announced its ‘Made in India’ SmartSpeaker for merchants on Monday. It is a wireless speaker that can verify payments received over the Unified Payments Interface (UPI) instant payment system via real-time audio alerts. The device comes with a built-in speaker and is available in up to 21 language options.
-
PM Modi Offers Linking UPI With Payment Systems Of BIMSTEC Nations
Seeking to impart fresh impetus to the BIMSTEC grouping, Prime Minister Narendra Modi on Friday proposed linking India's UPI with the payment systems of the member nations, a move that could boost trade, business and tourism within the region.
-
UPI Services Restored, "System Stabilised" After Technical Glitch
UPI Services were restored for users on Wednesday following an outage that affected several UPI users across India.
-
From June, You Can Use UPI, ATM For Provident Fund Withdrawals: Top Official
In a groundbreaking development for India's workforce, the Employees' Provident Fund Organisation (EPFO) is set to introduce a revolutionary new system for Provident Fund (PF) withdrawals through Unified Payments Interface (UPI).
-
eRupee CBDC Has Amassed 5 Million Users in Retail Pilot, Set for More Programmability: RBI Governor
RBI Governor Shaktikanta Das claimed on Monday that in its pilot stage, the eRupee had managed to amass five million users. Das was speaking at a conference in Bengaluru.
-
UPI One World Wallet Services Launched For NRIs, International Travellers by NPCI
UPI One World wallet service has been launched by the National Payments Corporation of India (NPCI) for non-resident Indians (NRIs) and international travellers visiting the country. The service was first announced last year during the G20 summit which India hosted. It will allow travellers who do not have an Indian bank account to access the Unifi...
-
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.
-
Nokia 3210 With Unisoc T107​ SoC, YouTube, UPI Apps Debuts in India: Price, Specifications
HMD has brought back the Nokia 3210 feature phone in India on Tuesday. The launch marks the 25th anniversary of the original unveiling of the phone. The new Nokia 3210 feature phone comes in three colour options and offers YouTube access. It packs a 1,450mAh battery, a 2-megapixel rear camera, and runs on Unisoc T107. The Nokia 3210 features a pre...
-
India, Ghana Agree To Operationalise UPI Link Within 6 Months
India and Ghana have agreed to operationalise Unified Payment Interface (UPI) with Ghana Interbank Payment and Settlement Systems within six months in order to enable instant fund transfers for users in both countries, the Commerce Ministry said.
-
Paytm Bags NPCI Approval for User Migration to New Payment System Provider Banks
One 97 Communications Limited (OCL), which owns the brand Paytm, has received the nod from NPCI to start the user migration to new Payment System Provider (PSP) bank handles, the company informed the stock exchanges in a filing on Wednesday.
