UPI expands its acceptance in French retail
UPI, the Indian instant payment system, is rolling out in French retail. Galeries Lafayette has announced that the solution is now available in i...
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UPI Lite from Paytm will allow faster payments without PIN code
Indian fintech Paytm Payments Bank Limited (PPBL) will be the first Indian bank to integrate UPI Lite functionality. This initiative is expected ...
PhonePe raises $100 million for a $12 billion valuation
Indian digital payments company PhonePe has raised an additional $100 million in an ongoing round. A new round of funding gives it another $450m ...
News in Brief – August 2019
Players’ Strategy FRANCE – BNP Paribas observed a sharp increase in their number of active mobile users for Hello bank! As well as consiste...
Card Scheme: RuPay versus the International Networks
The National Payments Corporation of India (NPCI) carries on developing RuPay, the Indian “Not for profit” payment system designed to rival large...
Cash Collection: Cash-To-Mobile by Citi India
Citi India, subsidiary of Citigroup, has launched Cash-To-Mobile, a mobile cash collection management solution designed for both companies and...
Self-service: ATM Tax Payment Services Made Available
In India, the private bank HDFC Bank now allow its 115 million customers to pay their income taxes using one of its 5,998 ATMs in more than 1,000...
