india

India (official name: the Republic of India; Hindi: Bhārat Gaṇarājya) is a country in South Asia. It is the seventh-largest country by area, the second-most populous country, and the most populous democracy in the world. Bounded by the Indian Ocean on the south, the Arabian Sea on the southwest, and the Bay of Bengal on the southeast, it shares land borders with Pakistan to the west; China, Nepal, and Bhutan to the north; and Bangladesh and Myanmar to the east. In the Indian Ocean, India is in the vicinity of Sri Lanka and the Maldives; its Andaman and Nicobar Islands share a maritime border with Thailand and Indonesia.

(source: en.wikipedia.org)

PayPal Ventures Backs Hyperlocal Marketing Firm SingleInterface
PayPal Ventures Backs Hyperlocal Marketing Firm SingleInterface
April 04, 2024  |  Investments

India-based “hyperlocal marketing-to-commerce” firm SingleInterface raised $40 million in new funding. The funding round was led by Asia Partners, with participation by PayPal Ventures, according to a Thursday (April 4) press...

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PhonePe and Mashreq Partner to Enable UPI Payments in UAE
PhonePe and Mashreq Partner to Enable UPI Payments in UAE
April 01, 2024  |  Partnerships

Indian citizens visiting or working in the United Arab Emirates can now use the PhonePe app to make payments using the United Payments Interface (UPI) at Mashreq’s Neopay terminals. These transactions...

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Airtel and Noise Launch Smartwatch That Enables Contactless Payments
Airtel and Noise Launch Smartwatch That Enables Contactless Payments
March 19, 2024  |  Partnerships

India’s Airtel Payments Bank partnered with smartwatch company Noise to launch a smartwatch that enables users to tap to pay. The Payments Bank Smartwatch enables hassle-free payments, Airtel Payments Bank said...

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NPCI Grants Paytm Approval to Participate in UPI Payments System
NPCI Grants Paytm Approval to Participate in UPI Payments System
March 14, 2024  |  Faster Payments

Paytm will be able to participate in India’s instant mobile payments system, Unified Payments Interface (UPI). “Now, officially your Paytm UPI will work,” the company said...

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India to Banks: No More Exclusive Credit Card Agreements
India to Banks: No More Exclusive Credit Card Agreements
March 06, 2024  |  Bank Regulation

India wants its banks to stop forging exclusive arrangements with credit card networks. The Reserve Bank of India (RBI) — the country’s central bank and bank regulator...

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Paytm’s Troubles Drive Indian Customers to Walmart and Google
Paytm’s Troubles Drive Indian Customers to Walmart and Google
March 06, 2024  |  Digital Payments

Paytm’s regulatory troubles appear to have pushed Indian consumers to Walmart and Google-owned payments operations. Data released Wednesday (March 5) by the National Payments Council of India (NPCI) showed that the...

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Flipkart to Enable Transactions With India’s UPI Instant Payments System
Flipkart to Enable Transactions With India’s UPI Instant Payments System
March 04, 2024  |  Real-Time Payments

Indian eCommerce marketplace Flipkart has launched a Unified Payments Interface (UPI) handle to enhance its digital payment offerings by adding India’s popular instant payments system. The new Flipkart UPI...

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India Warns Tech Companies Against Releasing ‘Unreliable’ AI
India Warns Tech Companies Against Releasing ‘Unreliable’ AI
March 04, 2024  |  artificial intelligence

India wants tech companies to get government permission before launching untested artificial intelligence (AI) products. The country’s IT ministry has said tools that are “unreliable” or still...

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Paytm Ends Some Inter-Company Agreements With Paytm Payments Bank
Paytm Ends Some Inter-Company Agreements With Paytm Payments Bank
March 01, 2024  |  Regulation

Indian digital payments provider Paytm has announced that it will be cutting back on its business ties with its banking affiliate, Paytm Payments Bank. The...

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