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INDIA DIGITAL PAYMENT SYSTEM
Evolving nature of digital payment system in IndiaIndia's digital payment landscape is rapidly evolving, prompting policy discussions. Experts convened to address emerging challenges and ne...
EPFO update: 10 key changes new centralised system brings to EPF, EPS subscribersEPFO has centralized its member database for faster and smoother service delivery. Annual interest for FY 2025-2026 will be credited by Jul...
Biometric UPI transactions top 600 million in June, says NPCIBiometric UPI transactions surpassed 600 million in June, indicating strong user preference. This secure authentication method reduces reli...
India's UPI to link with Indonesia's payment system, says PM ModiIndia's Unified Payments Interface will soon integrate with Indonesia's payment system. Prime Minister Narendra Modi announced this signifi...
Finance Ministry to fully switch to ebills from August 1, reduce payment processing to 3 daysGovernment vendors will receive payments within three working days starting August. All ministries will fully switch to electronic bill pro...
India follows path of development, not expansionism: PM Modi in IndonesiaPrime Minister Narendra Modi addressed the Indonesian Parliament, highlighting India's commitment to development. He accepted Indonesia's h...
Global Market: ECB says Target 2 payment system back to normal after brief processing disruptionThe European Central Bank said its Target 2 (T2) payment system resumed normal operations after a brief technical disruption delayed paymen...
NPCI's Dilip Asbe joins Swift's global supervisory boardDilip Asbe, CEO of NPCI, has joined Swift's global supervisory board, a significant step for India's payment ambitions. This appointment, p...
Indonesia looking to gain from India's developmental success storiesIndonesia is increasingly viewing India as a key partner for technology, policy, and development solutions. Prime Minister Modi's upcoming ...
Visa launches Payment Passkey in India with IDFC FIRST Bank, online merchantsVisa's 'Payment Passkey' solution, launched in India, aims to enhance digital payment security beyond passwords and OTPs. Leveraging device...
“Time has come to move from promise to practice”: Harsh Vardhan Shringla calls for India and Indonesia to match strategic intent with implementationSenior Indian policymakers and diplomats convened in New Delhi to explore deepening the India-Indonesia strategic partnership, ahead of the...
RBI backs crypto containment and keeps ban on table, officials tell house panelThe Reserve Bank of India has strongly advised a prohibition strategy for crypto assets, recommending that banks and financial institutions...
Flipkart names Vinay Vaidya as senior VP to bolster tech leadershipFlipkart has appointed Vinay Vaidya as Senior Vice President of Technology for its supply chain, aiming to bolster its tech leadership and ...
UPI, India's epic odyssey continuesThe immediate benefit to India from the cross-border expansion of UPI is reduction in remittance costs. This is a key concern for a nation ...
NPCI partners with HSBC India to enable real-time FX settlement for global UPI paymentsExciting news for Indian travelers! A groundbreaking partnership between NPCI and HSBC India is set to streamline international UPI payment...
UPI transactions moderate to Rs 28.9 lakh crore in June, up 20% YoYUnified Payments Interface (UPI) transactions saw a slight dip in June, reaching Rs 28.9 lakh crore, down from May's record high. Despite t...
NPCI partners with HSBC India & JP Morgan Payments to enable real-time FX settlement for international UPI paymentsIndia's UPI is set for a global upgrade! The National Payments Corporation of India (NPCI) has partnered with HSBC India and J.P. Morgan Pa...
Digital India has given India new identity worldwide: PM ModiPrime Minister Narendra Modi celebrated 11 years of Digital India, highlighting its transformative impact on governance, citizen empowermen...
India's SBI-backed Cashfree Payments bets on cross-border push with travel, investment paymentsIndian fintech firm Cashfree Payments is set to significantly expand its cross-border operations, aiming to capture growing international t...
India launches UPI in GreeceIndia's digital payment system, UPI, has expanded its global reach with a launch in Greece. This move allows eligible customers instant, se...