Google Pay, the Unified Prepaid Interface (UPI) payments app, unveiled new features at the Global Fintech Fest (GFF) 2024. The company said that these new features, which will be rolled out later this year, will make it easier for users to make payments and transact through the app. Some of…
Swiggy UPI was launched in India on Wednesday. The on-demand food delivery services platform has collaborated with the National Payments Corporation of India (NPCI) to roll out its UPI plug-in solution that aims to improve the payment experience by reducing the number of steps it takes to complete a transaction…
UPI One World wallet service has been launched by the National Payments Corporation of India (NPCI) for non-resident Indians (NRIs) and international travellers visiting the country. The service was first announced last year during the G20 summit which India hosted. It will allow travellers who do not have an Indian…
NPCI International Payments Limited (NIPL), the international arm of the payments organisation, has signed an agreement with Qatar National Bank (QNB) to launch QR code-based Unified Payments Interface (UPI) payments across the country. With this move, Indian tourists and travellers can scan QR codes to make UPI payments across multiple retail…
Digital payment frauds in India saw a more than fivefold jump to 14.57 billion rupees ($175 million) in the year ended March 2024 from the previous period, according to the Reserve Bank of India’s annual report published Thursday. The jump comes as India turns into a digital payments powerhouse since…
WhatsApp could be working on enabling international payments via its in-app Unified Payments Interface (UPI) service, as per a new leak. WhatsApp Payments or WhatsApp Pay was first introduced for Indian users as an in-app service in November 2020. The platform’s entry into the payments sector was considered delayed as…
Indian digital payments firm Paytm, formally known as One 97 Communications, was on Thursday granted a third-party application provider license by the country’s payments authority, which will enable it to facilitate payments after its banking unit ceases operations. The license will allow customers to continue using the Paytm app for…
Jio Payments is reportedly testing a new product that will mark its expansion into the merchant payments solution segment. The payment gateway and solution arm of the telecom behemoth is said to be working on a soundbox for merchants. The Jio Soundbox is reported to function as an audio payment…
The Reserve Bank of India said on Friday it has asked the National Payments Corporation of India (NPCI) to examine a request from Paytm, formally known as One 97 Communications, to become a third party application provider (TPAP). If approved, this would allow Paytm to continue processing payments via India’s…
Google is rolling out the SoundPod — the company’s wireless speaker that can verify payments received over the Unified Payments Interface (UPI) instant payment system — to small merchants in India, the company announced on Thursday. The company started testing the device as part of a limited trial last year and…
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