Showing results for 'upi' in Articles
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UPI: A revolution for real-time payments in India

02 Jul 24 @ 14:50

Continuing its series on real-time payments beyond Europe, the European Payments Council has delved into the National Payments Corporation of India (NPCI) and its widely acclaimed Unified Payments Interface (UPI),... read more

India’s UPI making major global moves – little by little

03 May 24 @ 10:09

It all started in early 2024 when a fairly interesting news story sparked headlines: UPI selects Google to take digital wallet global. The basis of the deal was that The... read more

UPI selects Google to take digital wallet global

17 Jan 24 @ 18:23

The National Payments Corporation of India has selected Google Pay as part of its strategy to take India’s digital wallet system, the Unified Payments Interface (UPI), to global markets. The... read more

India launches new national digital payment: e-RUPI

24 Aug 21 @ 15:33

Prime Minister Narendra Modi recently unveiled a new digital payment product called e-RUPI under the country’s UPI (Unified Payments Interface). According to state news sources, this payment mechanism is to ensure... read more

India’s UPI usage surges as digital payments continue to gain traction

16 Jan 19 @ 12:29

Since India’s demonetisation policy took place, digital payments spiked in the immediate aftermath. However, post adoption of the policy the pace of adoption has been much slower than anticipated. Digital transactions... read more

UPI leads vibrant Indian mobile wallet rankings

12 Oct 18 @ 10:43

Unified Payments Interface (UPI) that allows for instant bank-to-bank fund transfers is gradually taking the lead over the vibrant mobile wallet market in India. A large chunk of P2P remittance... read more

India’s Unified Payments Interface (UPI) goes live

11 Apr 16 @ 15:12

A project from National Payments Corporation of India (NPCI), The Unified Payments Interface (UPI), goes live today, April 11. UPI is expected to bring about a significant shift in the way... read more

Apple Pay set for India launch with major banks

02 Mar 26 @ 18:08

Apple Inc. is reportedly in discussions with leading Indian lenders and global card networks as it prepares to launch Apple Pay to India, one of the world’s most dynamic digital... read more

ECB pushes ahead with plan to interlink Europe’s real-time payments

24 Nov 25 @ 16:29

The European Central Bank (ECB) is accelerating its plans to interlink Europe’s real-time payments infrastructure with fast payment systems overseas, marking an important step in reshaping cross-border transfers between Europe... read more

Going digital: India leads real-time payments globally

06 Sep 21 @ 19:55

Across the world, digital payments are now synonymous with mobile payments, with the rate of adoption directly linked to access to smartphones and telecoms networks. The furious growth in digital... read more

Retailers and instant payments – Lessons from India and beyond

02 Apr 19 @ 10:27

65% of merchants want to accept instant payments. That’s because they know the customer experience (CX) benefits will drive growth for their business, and they recognise that this payment type... read more

Growing pains: RBI orders a stop to Paytm service

15 Aug 18 @ 11:55

The growth of Paytm has been exponential as it achieved an annual run rate of 5 billion digital transactions and $ 50 billion GTV (Gross Transaction Value) in July 2018. Paytm is... read more

WhatsApp pay hits a million as Indian users test payments feature

18 Jun 18 @ 16:21

WhatsApp is lready the largest messaging app in the India with over 200 million active monthly users, WhatsApp has over the past few months quietly rolled out its payments feature (WhatsApp... read more

ECB and Brazil explore cross-border link between TIPS and Pix

06 Sep 26 @ 19:32

The European Central Bank and Banco Central do Brasil are examining whether Europe’s TIPS instant-payment infrastructure could be connected with Brazil’s hugely successful Pix network, potentially creating a new real-time... read more

Instant payments reach $22tn

18 Aug 26 @ 18:12

Instant payments are moving rapidly from alternative infrastructure towards a significant component of the global payments system, but new research suggests adoption depends as much on economics and customer behaviour... read more

Worldpay Outage Disrupts Card Payments During England Match

30 Jun 26 @ 07:06

A technology outage at Worldpay left thousands of UK consumers unable to make card payments on one of the busiest evenings of the summer, disrupting transactions at supermarkets, pubs and... read more

UK banks unite behind domestic payments network to challenge Visa and Mastercard

31 May 26 @ 12:58

Britain’s largest banks are preparing to launch a new domestic payments scheme designed to reduce the UK’s reliance on global card networks and accelerate the adoption of account-to-account payments powered... read more

Stablecoins move closer to the payments mainstream

30 Apr 26 @ 18:04

Stablecoins are rapidly shifting from a crypto-sector instrument to a serious payments proposition, as regulatory change in the United States gives banks and fintechs greater confidence to engage with digital... read more

RBI Revokes Paytm Payments Bank Licence

28 Apr 26 @ 18:14

The Reserve Bank of India’s decision to cancel the banking licence of Paytm Payments Bank marks a significant regulatory moment for India’s digital finance sector. Announced on 24 April 2026,... read more

Venmo steps beyond the US through PayPal’s global network

24 Mar 26 @ 17:43

Venmo is making its most significant international move since launch, allowing users in the United States to send and receive money with PayPal account holders across 90 markets. The integration... read more

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Wero expands merchant payments in France with Orange

06 Sep 26 @ 19:31

Wero is moving further beyond its origins as a peer-to-peer payment service, with Orange becoming the first merchant in France to offer subscription bill paymen... more

ECB and Brazil explore cross-border link between TIPS and Pix

06 Sep 26 @ 19:32

The European Central Bank and Banco Central do Brasil are examining whether Europe’s TIPS instant-payment infrastructure could be connected with Brazil’s hu... more

US Bank tests its own Stablecoin for Cross-Border Payments

10 Sep 26 @ 15:44

US Bank has completed a live cross-border transaction using its own dollar-backed stablecoin, becoming one of the latest major lenders to test whether blockchai... more