Razorpay has received the Payment Aggregator Cross Border (PA–CB) license from the Reserve Bank of India, placing the Bengaluru-based FinTech among a small group of […]
Tag: upi
HSBC launches digital merchant services to streamline e-commerce payments
HSBC India has announced the launch of HSBC Digital Merchant Services (DMS), a comprehensive digital payment management solution designed to simplify and streamline payment processes […]
PhonePe, Utkarsh Small Finance Bank to launch Wish credit card
PhonePe has signed a strategic partnership with Utkarsh Small Finance Bank to launch the “Wish” credit card, an FD-backed RuPay card aimed at serving new-to-credit […]
Paytm and Suryodaya Small Finance Bank unveil postpaid credit line on UPI
Paytm, operated by One 97 Communications Limited, has announced the launch of Paytm Postpaid, a Credit Line on UPI, in collaboration with Suryodaya Small Finance […]
NPCI appoints Sohini Rajola as Executive Director for growth
The National Payments Corporation of India (NPCI) has appointed Sohini Rajola as Executive Director – Growth. With over 20 years of experience in payments and […]
Razorpay appoints Khilan Haria as Chief Product Officer
Razorpay recently announced the appointment of Khilan Haria as its new Chief Product Officer (CPO). A key architect behind Razorpay’s phenomenal growth, Khilan will now […]
RBI and NPCI enable co-operative banks for UPI merchant acquiring
The National Payments Corporation of India (NPCI) has issued guidelines on merchant acquiring in Unified Payments Interface (UPI) by co-operative banks, in order to facilitate […]
NPCI International collaborates with UAE’s Magnati to facilitate UPI payments for Indian travellers
NPCI International Payments, the international arm of the National Payments Corporation of India (NPCI), has partnered with the United Arab Emirates (UAE)-based FinTech Magnati to […]
RBI introduces beneficiary bank account name look-up facility for RTGS and NEFT transactions
In a significant move to enhance the security and transparency of digital transactions, the Reserve Bank of India (RBI) has announced the introduction of a […]
RBI introduces UPI access for prepaid wallets via third-party apps
The Reserve Bank of India (RBI) has enabled Prepaid Payment Instrument (PPI) holders to make Unified Payments Interface (UPI) transactions through third-party applications. This policy […]