Amazon India is partnering with the National Payments Corporation of India. Over 100 million customers are using Amazon Pay UPI for different transactions, like shopping, bill payments, online purchases from merchants and sending money to others. Amazon Pay is planning to launch credit options using the unified payments interface (UPI) to its customers. The company … Read more
Imagine being in an IT hub and denied the option to pay through UPI transactions. It is hard to believe, but this is what happened to a commuter traveling to Chennai. The auto driver had strict rules pasted inside his auto: “Gpay not available. No stop for ATM withdrawal.” A user, identified as No Context … Read more
The collaboration between India and Nepal in linking their fast payment systems through the UPI-NPI linkage will further deepen financial connectivity. The UPI-NPI integration is aimed at facilitating cross-border remittances between India and Nepal by enabling users of the two systems to make instant, low-cost fund transfers The Reserve Bank of India (RBI) and the … Read more
Prime Minister Narendra Modi hugs President of UAE Sheikh Mohamed bin Zayed Al Nahyan. (Photo: X/@narendramodi) Though these agreements are still in their early stages and the specific details of implementation are yet to be known, they facilitate two main objectives: seamless cross-border transactions and enhanced card acceptance During Prime Minister Narendra Modi’s official visit … Read more
The launching of UPI services in Sir Lanka and Mauritius enables the availability of UPI settlement services for Indian nationals travelling to Sri Lanka and Mauritius as well as for Mauritian nationals travelling to India. | Photo Credit: The Hindu India’s Unified Payment Interface (UPI) services were on February 12 rolled out in Sri Lanka … Read more
National Payments Corporation of India’s (NPCI) Unified Payment Interface (UPI) being formally launched at the Eiffel Tower on February 2, 2024 | Photo Credit: PTI India on Friday formally launched UPI at the iconic Eiffel Tower here, terming it as taking Prime Minister Narendra Modi’s vision of taking UPI global. “UPI formally launched at the … Read more
