Digital Payments
NPCI Plans 1.2% Credit Interchange Fee: Unlocking UPI Future
NPCI is reportedly plans to implement a 1.2% interchange fee on the credit line of UPI transactions. According to sources, a circular outlining this change expected to released next week. This move marks a significant shift in the UPI transaction landscape. It aiming to balance cost-effectiveness for users and profitability for service providers. Understanding the […]
Amazon Pay India CEO Pushes for Fair MDR in UPI Transactions
Recently Amazon Pay India CEO advocated for a fair and equitable MDR regime for UPI transactions. This call comes at a crucial time when digital payments are rapidly gaining traction across the country. According to the CEO, an appropriate MDR regime is essential to ensure the continued growth and adoption of digital payment systems in […]
Swiggy Tests UPI Plug-In with Yes Bank and Juspay for Better UX
Recently Swiggy comes in highlights due to its significant move of tests UPI plug-in with Yes Bank and Juspay. With this initiative Swiggy aims to enhance and improve consumer experience by easy payment process. The company is partnering with Yes Bank and Juspay to beta test this new feature. Beta Testing the UPI Plug-In Swiggy […]
UPI Links with ASEAN Nations for Instant Cross-Border Payments
Recently UPI Links with ASEAN Nations, so that the Cross-Border payments can become more easier then before ever. Lets try to understand the full news that what is the case. So recently Reserve Bank of India has joined forces with the Bank for International Settlements (BIS) and central banks of four ASEAN nations to revolutionize […]
Amazon Invests in Amazon Pay India Worth INR 600 Cr: Expansion
In a significant move, Amazon invests an additional INR 600 crore into Amazon Pay India. This infusion marks another strategic investment by the e-commerce giant to expand its footprint in the Indian digital payments market. With this latest capital injection, Amazon’s total investment in Amazon Pay for this year has reached an impressive INR 950 […]
Hitachi Payment Services Gets RBI Licence for Digital Payments
Recently Hitachi Payment Services gets a Payment Aggregator Licence from the Reserve Bank of India (RBI). This milestone will not only bolster the company’s position in the fintech sector but also enable it to expand its digital payment offerings and value-added services. Expanding Digital Payment Offerings With the Payment Aggregator Licence, Hitachi Payment Services is […]