FSS, and NPCI International Payments (NIPL), the international arm of National Payment Corporation of India), have signed a strategic partnership to expand UPI (Unified Payment Interface) rails in international markets
Planning new strides in the digital payment segment, Reliance Industries’ proposed New Umbrella Entity (NUE) for payments services, in a consortium with Infibeam Avenue, Google and Facebook has set its eyes on global launch.
RuPay PoS will transform smartphones into merchant Point of Sale (PoS) terminals for the retailers.
RBI raises limit for contactless card transactions to Rs 5,000 from Jan 1, NPCI hails the announcement
As a part of its bi-monetary policy announcement, the Reserve Bank of India (RBI) has proposed to increase the limit for contactless card transactions to Rs 5,000 from Rs 2,000 per transaction from January 1, 2021. According to the RBI's statement on developmental and regulatory policies, contactless card transactions and...