Tag: UPI

Learn how UPI (Unified Payments Interface) revolutionizes digital payments by enabling real-time, secure, and seamless transactions between banks, driving financial inclusion in the payments and banking sectors.

Amazon Acquires Axio, Expanding Its Financial Services Scope in India

by Wesley Grant

September 4, 2025

After receiving approval from the Reserve Bank of India in June, Amazon has completed its acquisition of fintech Axio in ...

PayPal Cross-Border Payments Platform to Integrate UPI and WeChat Pay

by Wesley Grant

July 23, 2025

Amid a wave of solutions aiming to close the gaps in cross-border payments, PayPal is launching a platform that integrates ...

IMF Study Highlights Benefits of Interoperability in Payments Innovation

by Tom Nawrocki

June 27, 2025

Interoperability has long been a goal for payment systems, which are often siloed and operate in parallel. In addition to ...

How India’s UPI Rose to Dominate Real-Time Payments

by Tom Nawrocki

June 4, 2025

Just nine years into its existence, India’s Unified Payments Interface (UPI) has surpassed Visa as the world’s largest real-time payment ...

How Credit Unions Can Shape the Banking Industry, India UPI

India Considers a Discount for Instant Payment Users

by Tom Nawrocki

May 19, 2025

In its latest move to promote wider adoption of the Unified Payments Interface (UPI) instant payment system, the Indian government ...

UPI Is Expanding the Instant Payments Use Case to Big-Ticket Items

by Wesley Grant

April 10, 2025

The Reserve Bank of India (RBI) plans to lift the transaction limits on its Unified Payments Interface (UPI) system, a ...

ECB Official Says Real-Time Payments Systems Could Solve Cross-Border Payments Struggles

by Wesley Grant

April 1, 2025

A member of the European Central Bank’s executive board voiced frustrations over the persistently high costs of cross-border payments, despite ...

prepaid cards, Strengthening India’s Banking System, Google Indian Payments

India Weighs the Return of Debit Fees

by Tom Nawrocki

March 14, 2025

Three years after eliminating them, India’s government is considering reinstating merchant charges on UPI (Unified Payment Interface) and RuPay debit ...