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 (TPAP) for the Unified Payments Interface (UPI) channel. The move is meant to enable continued operation of the Paytm app...
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 QR codes among their vegetables, one of many signs of the digital transformation of the world’s most populous country. Among...
Hitachi Payment Services has debuted what it calls a first-of-its-kind cardless ATM in India. Announced Tuesday (Sept. 5), the company’s new offering is being rolled out in connection with the National Payments Corporation of India (NPCI), connecting to that organization’s UPI payments system and eliminating the need...
India is paving the path to payments interoperability — not just across providers, but across borders. For payments to become truly ubiquitous — especially real-time remittances — countries’ payments schemes have to connect, streamlining the direct transfer of funds. India’s National Payments Corporation of India...
February 23, 2024
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 (TPAP) for the Unified Payments Interface (UPI) channel. The move is meant to enable continued operation of the Paytm app after RBI placed business restrictions on Paytm Payments Bank, RBI […]
January 21, 2024
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 QR codes among their vegetables,...
September 05, 2023
Hitachi Payment Services has debuted what it calls a first-of-its-kind cardless ATM in India. Announced Tuesday (Sept. 5), the company’s new offering is being rolled out in connection with the National Payments...
October 11, 2022
French payment company Worldline has joined forces with the international arm of the National Payments Corporation of India (NPCI) to expand the acceptance of Indian payment methods across Europe. As...
