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CROSS BORDER PAYMENT MECHANISMS
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 ...- PayU launches AI-powered fraud protection for cross-border card paymentsPayU introduced an AI fraud solution for Indian merchants accepting international card payments. This new Fraud Liability Protect uses AI t...
- 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...
- 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...
- BRICS Summit in New Delhi: The grand finale is India's moment to navigate a bigger, and more divided blocIndia hosts the BRICS summit, aiming to unify the expanded group. The enlarged bloc now includes major energy producers and consumers, fost...
- 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...
- 'No fraud' enabled through card tokenisation on mobile devices: PhonePe founder Rahul ChariPhonePe's Rahul Chari dismissed card tokenization security concerns, stating no fraud is enabled. The company launched three new payment so...
- 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...
- Sberbank showcases AI, digital technologies and India-focused solutions at InnopromSberbank presents its Digital Mine concept at INNOPROM.India in New Delhi. The exposition highlights banking infrastructure and advanced te...
- Indians can use crypto to buy groceries, fuel and gold through overseas gift-card platformsIndians can use cryptocurrencies to buy goods and services domestically through overseas fintech platforms that convert stablecoins and oth...
- 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...
- E-commerce exports to help increase business of small-town players, says expertsGovernment e-commerce measures will significantly boost small-town traders' global market access. Artisans in handlooms, handicrafts, and j...
- 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 ...
- 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 ...
- 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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