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Unified Payment Interface

Mastercard, Visa losing out to UPI, RuPay: Finance minister Arun Jaitley

Finance

08 November, 2018

Mastercard, Visa losing out to UPI, RuPay: Finance minister Arun Jaitley

India’s finance minister said on Thursday that Mastercard and Visa were losing market share to domestic payments networks, months after ......

Despite Google's entry, India's digital payments tournament wide open

TMT

18 September, 2017

Despite Google's entry, India's digital payments tournament wide open

Search giant Google became the latest entrant into India's burgeoning digital payments market on Monday, launching its own Unified Payment ......

Messaging app Hike rolls out payment wallet

TMT

20 June, 2017

Messaging app Hike rolls out payment wallet

Instant messaging platform Hike Ltd has launched India’s first in-app payment wallet, as it seeks to gain an early-mover advantage ......

Paytm Payments Bank set to go live on UPI

TMT

20 June, 2017

Paytm Payments Bank set to go live on UPI

Paytm Payments Bank Ltd, a unit of One97 Communications Ltd, has said it will soon go live on the unified ......

Ola adds UPI as additional payment option

TMT

03 April, 2017

Ola adds UPI as additional payment option

Cab aggregator Ola has integrated unified payment interface (UPI) on its platform, allowing its customers to use their UPI IDs ......

Why state-run banks must make room for an alternative banking system

General

13 June, 2016

Why state-run banks must make room for an alternative banking system

Thanks to the Reserve Bank of India (RBI) governor’s intervention last year, the Indian banking system’s woes are, finally, understood ......

Why payment bank aspirants are getting cold feet

General

31 May, 2016

Why payment bank aspirants are getting cold feet

When the Reserve Bank of India (RBI) last year granted in-principle approval to 11 entities to start payment banks, the ......