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The international arm of the National Payments Corporation of India (NPCI) on Thursday announced to deploy Unified Payments Interface (UPI) in Nepal to bolster interoperable real-time person-to-person (P2P), person to merchant (P2M) and potential cross-border P2P remittances between Nepal and India. Nepal is the first country outside India to adopt UPI as the payments platform,…Continue Reading
If someone is in a rural area and doesn’t have any cash or internet access, he can still buy something or make a transaction of up to Rs 200 using their mobile phone or wallet. This is now feasible, as the Reserve Bank of India (RBI) announced a framework on Monday that allows offline payments…Continue Reading
Airtel Payments Bank on Thursday announced a collaboration with Park+ to offer FASTag-based smart parking solutions to marquee commercial and residential properties across the country. The partnership aims to leverage the distribution reach and digital payments stack of Airtel Payments Bank to digitise the parking ecosystem using FASTag associated with the vehicle, the company said…Continue Reading