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PAYMENT NETWORKS INDIA
GFF 2026: Digital finance has scaled, now trust and resilience must catch up, says RBI’s Deputy Governor MurmuIndia's digital finance sector now prioritizes trust and resilience over access. Technology transforms finance, but trust remains the essen...
FASTag users can now switch banks without changing tag as Nitin Gadkari launches OneTagIn a significant move for drivers, the Union Minister Nitin Gadkari has unveiled the OneTag system that allows motorists to conveniently ch...
India's BRICS play may have a payment plan with no hard cashIndia is unlikely to back a common BRICS currency at the September 12-13 summit, instead favouring links between national payment systems a...
Mastercard’s AI Garage is building products for the world in India: Nitendra RajputMastercard's AI Garage in India builds global payment network products. It uses machine learning and data science to secure payment network...
UPI MDR notification likely to be out for businesses soon; banks may pocket bulk of 40 bps feeThe issuing bank would retain 40% of the fee, sources said. Third-party application providers such as PhonePe or Google Pay, and the acquir...
NPCI working on protocols to authorise AI agents on UPI, says chairman Ajay Kumar ChoudharyIndia's NPCI is examining protocols for AI agent identification within the UPI ecosystem. This move aims to enable autonomous payments on t...
India plans AI registry as it looks to roll out agentic payments, sources sayThe landscape of digital finance is evolving as India's payments authority creates a registry specifically for AI agents. This registry aim...
UPI can do more tricks among BRICSIndia is championing the integration of the Unified Payments Interface (UPI) for cross-border digital transactions within BRICS countries. ...
India seeks payment-system links in every FTA, Commerce Secy says: ReportIndia aims to link its payment systems with trading partners in new agreements. This strategy seeks to make cross-border payments faster an...
Indian travellers can now use UPI to pay at Singapore’s Resorts World SentosaIndian travellers can now use UPI to book and pay online for attractions and experiences at Singapore’s Resorts World Sentosa, including Un...
Paytm bets on workplace AI agents in pivot beyond paymentsIn an exciting new venture, Paytm is venturing beyond its established digital payments realm to launch Pi, an innovative service offering a...
PhonePe and Visa partner to bring borderless, cardless payments to Indian consumers and merchantsAnnounced at Global Fintech Fest 2026, the partnership positions PhonePe as India’s first app to offer a unified suite of Visa-powered card...
Dutch fintech Adyen sees long-term India opportunity, plans local expansionWith plans for a substantial expansion in India's digital payments sector, Adyen is actively recruiting more staff to address surging deman...
US sanctions on Iran: Basmati demand stays strong, pharma and livestock exporters face new hurdlesIranian demand for Indian basmati remains resilient despite tougher US sanctions, but exporters are facing rising shipping, insurance, and ...
PM Modi hails UPI at Global Fintech Fest 2026 in Mumbai, pitches non-payment transactions as fintech's next chapterPrime Minister Narendra Modi inaugurated the Global Fintech Fest 2026 in Mumbai. He highlighted India's strong economic growth despite glob...
From bank queues to QR codes: Flood-hit Nepal's digital shift in philanthropyNepal's digital payment systems now facilitate swift disaster relief donations. QR codes and mobile banking enable direct person-to-governm...
WhatsApp launches bill payments in India to tap into country's UPI crazeWhatsApp launched bill payments in India on September 3, 2026. This feature allows users to pay household and utility bills directly within...
India stalls Alipay+ payments link over security, data concerns, sources sayIndia has stalled Alipay+'s proposal to link with its instant payments system. National security concerns and data usage questions are the ...
DGGI seeks payment trail to crack down on illegal betting networksThe DGGI proposed mandatory recording of website payment details to stop illegal gaming networks. This aims to plug financial system gaps e...
India preparing rollout of agentic payments on UPIWhile leading payment companies have launched such frameworks in the U.S., Europe, Singapore and Australia, a rollout on the popular Unifie...