
Unified Payments Interface
India delays UPI market share cap deadline by 2 years
Digital payment firms must not exceed a 30% share of the transactions in UPI, according to the National Payments Corporation...
India: UPI enabled for prepaid payment via third-party apps
Users can now transfer or receive funds through Unified Payments Interface (UPI) in their PPI wallet using third-party, which previously...
E-rupee set for broader adoption as cloud facility gathers steam
The e-rupee is forecast to gain massive adoption in the cross-border payments sector in 2025. Meanwhile, businesses can expect more...
Will UPI’s exponential growth lead to saturation in 2025?
To boost UPI payments, the Reserve Bank of India issued an amendment to the framework for facilitating small-value digital payments...
Is RBI’s push for instant payments hindering CBDC adoption?
Despite India seeing CBDC as the future of money, the digital rupee struggles to gain a foothold in the country's...
India’s UPI sees phenomenal growth as digital payments soar
India's digital payments ecosystem flourished in 2024 with the growing popularity of UPI in daily transactions not just within the...
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