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CROSS BORDER PAYMENT INTEROPERABILITY
BRICS fin mins, central bank chiefs raise concerns on unilateral trade and finance-related measuresBRICS finance ministers and central bank governors voiced concerns over unilateral trade measures. They backed efforts for cross-border pay...- 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...
- PayU unveils AI-powered fraud liability protectIn a move to safeguard Indian merchants, PayU has launched its groundbreaking AI-driven Fraud Liability Protect solution. This offering is ...
- BRICS 2026 calls for bigger emerging-market voice in IMF, World Bank; criticises unilateral tariffsBRICS finance leaders urged greater emerging market representation in global financial institutions. They also advocated for increased loca...
- India, Russia explore digital currency payments for trade in cross-border breakthroughIndia and Russia are exploring digital currency payments for bilateral trade, potentially opening a faster route for cross-border settlemen...
- BRICS finance chiefs urge reform of global development financial institutionsBRICS finance ministers and central bank governors are calling for essential reforms within global institutions, with an aim to amplify the...
- BRICS finance ministers discuss possibility of efficient cross-border payment mechanismsBRICS finance ministers and central bank governors are exploring faster and cheaper cross-border payment systems, including greater use of ...
- BRICS can boost local-currency trade with deeper financial markets, stronger banking links: ExpertsBRICS nations can boost trade and investment by deepening financial markets. Experts suggest using local currencies more often for transact...
- BRICS Business Forum 2026: Piyush Goyal urges nations to open markets, cut trade barriers and link payment systemsCommerce Minister Piyush Goyal urged BRICS nations to open markets and cut non-tariff barriers. He called for linking payment systems to fo...
- 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...
- 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...
- UPI still has 'lot of scope' to grow, rural and offline access key challenges: NPCI CTOUPI has significant room for growth, especially in rural areas. Developing offline payment solutions remains a key challenge for the platfo...
- Jio Payment Solutions launches cross-border payments to connect exporters with global marketsJio Payment Solutions has launched a new cross-border payment platform. This facility helps Indian exporters receive international payments...
- 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...
- 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...
- Cross-border fintechs are still competing with banks, not each other: Skydo’s Movin JainSkydo co-founder Movin Jain says fintechs together account for only 1-2% of the market, making category creation a bigger priority than com...
- Govt stalls Alipay+ tie-up over data security concernsAlipay+'s proposal to link with India's payment system faces national security concerns. Concerns also exist regarding the storage and use ...
- NIPL and Uzbekistan's HUMO sign agreement enabling Indian travelers' seamless transactionsNPCI International Payments Ltd. and Uzbekistan's HUMO have signed a commercial agreement. Indian travellers can now use UPI-enabled apps t...
- India to pitch central bank digital currencies to BRICS partners at meetThe global grouping celebrates 20 years at the New Delhi summit on September 12-13. A high-level meeting would be held next week to thrash ...
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