United Payments Interface

Flipkart Launches UPI Payment App Offering Cashback Rewards
Flipkart Launches UPI Payment App Offering Cashback Rewards
June 26, 2024  |  Loyalty & Rewards

Walmart-owned Indian eCommerce firm Flipkart has launched a Unified Payments Interface (UPI) payment app that offers up to 5% cashback on purchases. The new super.money app is...

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Walmart Says PhonePe and Flipkart IPOs Years Away
Walmart Says PhonePe and Flipkart IPOs Years Away
June 09, 2024  |  Walmart

Walmart’s India-based eCommerce marketplace and payments company aren’t quite ready to go public. “This is something we’re looking at over the next couple of years,”...

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Paytm Continues to Lose Digital Payments Ground to Google and Walmart
Paytm Continues to Lose Digital Payments Ground to Google and Walmart
June 06, 2024  |  Digital Payments

India-based Paytm’s share of the country’s Unified Payments Interface (UPI) continues to slip. The FinTech made up 8.1% of total UPI transactions last month, down...

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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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RBI Aims to Help Establish New Banking Relationships for Paytm
RBI Aims to Help Establish New Banking Relationships for Paytm
February 23, 2024  |  International

The Reserve Bank of India (RBI) asked the National Payments Corporation of India (NPCI) to consider One97 Communications’ request to become a Third-Party Application Provider...

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Indian Parliamentary Panel Says Domestic FinTechs Need Support
Indian Parliamentary Panel Says Domestic FinTechs Need Support
February 09, 2024  |  Digital Payments

An Indian parliamentary panel has reportedly highlighted a need to support the growth of domestic FinTech players in India’s digital payments market. The panel pointed...

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Digital Payments Change ‘Basic Plumbing’ of Indian Society
Digital Payments Change ‘Basic Plumbing’ of Indian Society
January 21, 2024  |  Digital Payments

How ubiquitous have digital payments become in India? As Australia’s Sydney Morning Herald reported Saturday (Jan. 21), street-side produce vendors in the country now include...

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Google Aims to Take UPI Payments Beyond India’s Borders
Google Aims to Take UPI Payments Beyond India’s Borders
January 17, 2024  |  Google

Google Pay is working to expand India’s popular mobile payment system beyond that country’s borders. The tech giant has signed an agreement with the National...

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India Tests Internet-Free Digital UPI Payments
India Tests Internet-Free Digital UPI Payments
January 23, 2022  |  International

The National Payments Corp. of India is testing a solution to allow Unified Payments Interface (UPI) based digital pay without an internet connection, Mint reported...

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