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CASHFREE UPI
UPI transactions soar to record of Rs 29.9 lakh crores in MayUnified Payments Interface transactions reached record highs in May. Summer travel and the IPL fueled this surge. Value and volume of trans...- UPI volumes report 3% dip in April to 22.5 billion transactions after record high numbers in MarchUPI transactions in April saw a minor dip from March but a 25% rise year-on-year. While UPI shows resilience, India's digital payments sect...
- Platforms, brands accelerate agentic commerce push as fintechs plug payment gapsIndian ecommerce giants like Flipkart and Bigbasket are building AI storefronts to enable agentic commerce, allowing AI to shop autonomousl...
- UPI rebounds from November dip, ends December with new high of 21.6 billion transactionsUPI hit record transaction volumes and value in December, rebounding after a softer November, driven by festive and year-end spending. Othe...
- Cashfree secures $53 million from Krafton, Apis PartnersThe funds will be used to scale up its products, invest in new payment infrastructure projects and push its D2C brands. The online merchant...
- Cashfree launches pilot for cross-border paymentsCashfree Payments has partnered with Indian companies like Swiggy and Nykaa to enable international customers to make payments in India. Th...
- Cashfree Payments’ UPI Switch to help small businesses reduce risk and create space for innovationThe tool allows merchants to access new UPI versions and features as they are launched, along with improved fraud prevention capabilities.
- NPCI curbs unauthorised use of UPI IDs by fintech companiesNPCI has shot off a letter to banks and fintechs asking them to refrain from using the UPI system for any form of service other than paymen...
- Cashfree receives NPCI certification for its own UPI switchCashfree can offer settlement of around 12,000 transactions per second with this certification. Cashfree has built this switch in partnersh...
- Cashfree Payments appoints Abhaya Hota as independent directorAbhaya Hota has previously served as an Independent Director at Federal Bank, NSE Clearing, Protean e-Gov Technologies and RBI Innovation H...
- Cashfree launches risk management and fraud prevention tool RiskShieldOnline merchant-focused Cashfree said this product will enable users to block transactions from specific mobile numbers, email addresses, I...
- After a year of regulatory ban, Razorpay, Cashfree secure RBI nod for payment aggregator businessUPI payments giant Google Pay, Mumbai-based expense management platform Enkash, payment gateway company Paymentz and Bengaluru-based neo ba...
- Cashfree Payments launches India’s first self-hosted payments orchestration platformCashfree Payments has launched 'FlowWise', a payment orchestration platform for Indian businesses. It simplifies managing various payment s...
- KYC Simplified: Cashfree Payments launches no-code verification solution ‘KYC Link’The process, which can be automated or done manually, allows merchants to send verification links via SMS, email, or WhatsApp.
- Debit cards losing out as UPI turns default mode on ecommerceMore and more consumers are using UPI or credit cards for online shopping, with debit card usage having more than halved in the last two ye...
- Cashfree Payments processes over 40 cr identity verifications, up 57% YoYCashfree Payments on Wednesday announced that it verified over 40 crore individuals in the previous fiscal, up 57 per cent on an annual bas...
- Cashfree-owned Zecpe looks to expand offerings, rebrands to Ecom360Ecom360 currently works with 1,500 merchants and offers them services such as return-to-origin reduction on returns, fraud detection and ad...
- RBI approves cross border payment solutions for Cashfree, Open among othersThe RBI had announced the opening of the second cohort under the regulatory sandbox in 2020.
- State Bank of India invests in fintech startup CashfreeThe State Bank of India (SBI) investment fits perfectly with Cashfree’s growth strategy as it continues to focus on customer experience and...
- Cashfree secures $35 million in Series B funding led by Apis and Y CombinatorThe capital would be used predominantly for enhancing the product and technology as the company looks to scale its business.
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