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UPI REMITTANCE SERVICE
Qatar launches new UPI route to send money to IndiaQatar Post, in partnership with India Post, has launched PosTransfer, a new remittance service aimed at simplifying money transfers. This s...
How India's digital infrastructure opened global markets to Indian investorsIndian residents' outward remittances have significantly increased, reaching a record USD 31.73 billion by FY2023-24. Digital reforms and i...
Independence Day 2026: The road to UPI — India’s payments revolution was centuries in the makingIndia’s payments ecosystem has evolved dramatically, from hundis and merchant networks that moved value across long distances to formal ban...
EbixCash World Money's perpetual RBI licence brings trade and family remittances within reach of millionsUnder RBI's revised FEMA framework, EbixCash World Money can now move trade payments up to ₹25 lakh and family maintenance remittances, ope...
EbixCash becomes first non-bank entity to get RBI nod for trade remittancesEbixCash secured a perpetual Authorised Dealer Category-II licence from the Reserve Bank of India. This licence allows the company to handl...
The waiting game: Why the UK’s stablecoin moment is nowGlobal stablecoin market value exceeds three hundred billion dollars, dominated by US dollar denominations. The United Kingdom faces a stra...
NPCI plans to enable unified e-mandate tracking for all UPI appsThe National Payments Corporation of India is set to unify UPI e-mandate management for all third-party apps, allowing users to view subscr...
India, Nepal launch UPI-NPI linkage for real-time cross-border remittancesIndia and Nepal have unveiled a direct payment link between their respective UPI and NPI systems, revolutionizing cross-border remittances....
Eurobank begins UPI-based remittances from GreeceEurobank has launched a UPI-based remittance service from Greece to India, enabling Indian customers to transfer money near-instantly at mi...
UPI-PayNow: International remittance enabled for these 13 new banks by NPCI; Know the detailsNPCI has expanded the UPI-PayNow international remittance service to include 13 additional Indian banks, bringing the total to 19. This enh...
NPCI International signs MoU with Greek bank to take UPI to EuropeNPCI International Payments signs MoU with Greek bank Eurobank for inward remittance from Greece to India through UPI. Indian tourists in F...
Coalitions at WTO to help India push for open payment systems adoption, cut remittance cost: GTRIIndia is advocating for the adoption of open and interoperable payment systems, such as UPI (Unified Payments Interface), among WTO (World ...
Indians can now receive instant remittances from Singapore via major UPI apps: NPCIIndians can now receive remittances from Singapore directly into their bank accounts in real-time, thanks to the new UPI-PayNow linkage ann...
UPI-PayNow Linkage: Major UPI apps enabled to receive remittances from Singapore; who can useThe growing use of UPI in cross-border transactions is essential to the expansion of India's vibrant digital payment ecosystem.
UPI-PayNow tie-up gains currency, cuts cost of remittanceIn the case of the PayNow-UPI linkage, reports said that for workers staying in Singapore for a brief period, the linkage would help them s...
India, Singapore digital payment link clocking 100 transactions per dayOn February 21, India and Singapore launched the real-term linkage between the UPI and PayNow to facilitate instant and cost-effective cros...
UPI-PayNow launched: Who can use, daily limit, how it will benefit youUPI PayNow: Unified Payments Interface (UPI) and PayNow, the two countries' respective rapid payment systems, were used to establish cross-...
IndusInd Bank, NPCI partner to simplify cross-border remittances through UPIIndians can now get remittance money from their foreign sources in a much easier way as IndusInd Bank has tied up with NPCI to facilitate c...
SBI, Paytm Payments Bank, PhonePe lead in UPI transactions in FebAccording to the data published by NPCI, State Bank of India (SBI) recorded 656.92 million remittance transactions in February, that is mon...
4 key reasons why India is still stuck with costly and slow payment modes like money orderFor India's proverbial WhatsApp moment to come in the the domain of payments, postal system and banking system will have to be interconnect...