Indian tourists visiting Japan may soon be able to make payments using the Unified Payments Interface (UPI), reported by ANI. The development follows a Memorandum of Understanding (MoU) signed between NPCI International Payments Limited (NIPL) – the international arm of the National Payments Corporation of India and NTT DATA Japan, a leading IT and business…
The NPCI has rolled out UPI Reserve Pay, a new feature designed to help users manage spending, alongside several innovations enabling payments through smart devices. Reported by Zee Business sources, these initiatives also include AI-driven dispute resolution and biometric authentication, offering a more convenient and secure payment experience. How Reserve Pay works? Reserve Pay lets…
BharatPe unveils BharatPeX, its new PAPG-online brand that brings an “X-factor”, that helps businesses in managing payments efficiently. It provides a modern online payment gateway that includes cards, net banking and UPI and also allows businesses to keep the customer data within their own apps. The platform aims to help businesses integrate payment faster, improve…
The Securities and Exchange Board of India (SEBI) has launched two new digital initiatives — Validated UPI Handles and SEBI Check — designed to boost payment security in the stock market and protect investors from fraudulent fund collections. Under the new system, SEBI-registered intermediaries such as brokers and mutual funds will operate through an exclusive…
Indian visitors to Qatar can now use the Unified Payments Interface (UPI) for transactions, with Qatar Duty Free outlets at Hamad International Airport becoming the first merchant to enable the service, according a release from NPCI International Payments Limited (NIPL), reported by ANI. The launch follows a partnership between NIPL and Qatar National Bank (QNB),…
The Unified Payments Interface (UPI) in August crossed 20 billion transactions, according to the National Payments Corporation of India (NPCI) data on Monday, September 1. This is the first time that the UPI transactions have achieved this number. In August, UPI transactions reached the 20.01 billion mark, registering a 2.8 per cent increase over July…