Npci

Indian fintech industry is projected to reach $420 billion by 2029, at a cumulative annual growth rate of 31% from around $110 billion this year, Ajay Kumar Choudhary, non-executive chairman, National Payments Corporation of India (NPCI) said today.

NPCI International Payments Limited (NIPL), the international arm of the payments organisation, has signed an agreement with Qatar National Bank (QNB) to launch QR code-based Unified Payments Interface (UPI) payments across the country. With this move, Indian tourists and travellers can scan QR codes to make UPI payments across multiple retail touc...

After the successful implementation of the Unified Payments Interface or UPI for online ticket booking at Eiffel Tower, NPCI International Payments Limited (NIPL) today enabled the acceptance of UPI at Galeries Lafayette ahead of the Paris Olympics.

QR-based Unified Payments Interface (UPI) payments will now be accepted in the United Arab Emirates (UAE), NPCI International Payments Limited (NIPL) announced via a press release on Wednesday. To facilitate this move, the organisation is partnering with Network International and UPI payments can be made via its over 2,00,000 point-of-sale (POS) te...

HMD has brought back the Nokia 3210 feature phone in India on Tuesday. The launch marks the 25th anniversary of the original unveiling of the phone. The new Nokia 3210 feature phone comes in three colour options and offers YouTube access. It packs a 1,450mAh battery, a 2-megapixel rear camera, and runs on Unisoc T107. The Nokia 3210 features a pre...

RBI (Reserve Bank of India) and NPCI International Payments Ltd (NIPL) are working on expanding UPI to 20 countries by 2028 or 2029, according to RBI's annual report. The central bank is in talks with central banks of various countries for entering into collaborative arrangements according to the Payments Vision Document 2025.

India will again delay caps on market share for a popular digital payments method, two sources told Reuters, benefiting Google Pay and Walmart-backed PhonePe as the authorities prioritise growth over concerns about market concentration.

One 97 Communications Limited (OCL), which owns the brand Paytm, has received the nod from NPCI to start the user migration to new Payment System Provider (PSP) bank handles, the company informed the stock exchanges in a filing on Wednesday.

PhonePe launched its Unified Payments Interface (UPI) services in the United Arab Emirates (UAE) for Indian travellers as well as NRIs residing in the country on March 28. This service will now allow PhonePe users to make rapid digital transactions by scanning a QR code at retail stores, dining outlets, and other tourist attractions. The service is...

Indian digital payments firm Paytm, formally known as One 97 Communications, was on Thursday granted a third-party application provider license by the country's payments authority, which will enable it to facilitate payments after its banking unit ceases operations.

The development follows the collaboration between NPCI International Payments (NIPL) and Fonepay Payment Service, Nepal's leading payment network, in September last year.

National Payments Corporation of India (NPCI) has joined forces with the Indian Institute of Science (IISc), Bengaluru. The aim is to conduct research around emerging technologies like blockchain and Artificial Intelligence (AI).

While India has had great success with UPI, and the NPCI deserves to take a bow, we can't take the same success for granted for each DPI we attempt. A simple approach is the best approach.

The Reserve Bank of India (RBI) has requested the National Payments Corporation of India (NPCI) to examine a request from Paytm to become a third-party application provider, in order to allow UPI payments on Paytm to continue working after the central bank's wind down date for Paytm Payments Bank.

India's Unified Payment Interface (UPI) services were on Monday rolled out in Sri Lanka and Mauritius, with Prime Minister Narendra Modi describing it as linking historic ties with modern digital technology.

Indian fintech industry is projected to reach $420 billion by 2029, at a cumulative annual growth rate of 31% from around $110 billion this year, Ajay Kumar Choudhary, non-executive chairman, National Payments Corporation of India (NPCI) said today.

NPCI International Payments Limited (NIPL), the international arm of the payments organisation, has signed an agreement with Qatar National Bank (QNB) to launch QR code-based Unified Payments Interface (UPI) payments across the country. With this move, Indian tourists and travellers can scan QR codes to make UPI payments across multiple retail touc...

After the successful implementation of the Unified Payments Interface or UPI for online ticket booking at Eiffel Tower, NPCI International Payments Limited (NIPL) today enabled the acceptance of UPI at Galeries Lafayette ahead of the Paris Olympics.

QR-based Unified Payments Interface (UPI) payments will now be accepted in the United Arab Emirates (UAE), NPCI International Payments Limited (NIPL) announced via a press release on Wednesday. To facilitate this move, the organisation is partnering with Network International and UPI payments can be made via its over 2,00,000 point-of-sale (POS) te...

HMD has brought back the Nokia 3210 feature phone in India on Tuesday. The launch marks the 25th anniversary of the original unveiling of the phone. The new Nokia 3210 feature phone comes in three colour options and offers YouTube access. It packs a 1,450mAh battery, a 2-megapixel rear camera, and runs on Unisoc T107. The Nokia 3210 features a pre...

RBI (Reserve Bank of India) and NPCI International Payments Ltd (NIPL) are working on expanding UPI to 20 countries by 2028 or 2029, according to RBI's annual report. The central bank is in talks with central banks of various countries for entering into collaborative arrangements according to the Payments Vision Document 2025.

India will again delay caps on market share for a popular digital payments method, two sources told Reuters, benefiting Google Pay and Walmart-backed PhonePe as the authorities prioritise growth over concerns about market concentration.

One 97 Communications Limited (OCL), which owns the brand Paytm, has received the nod from NPCI to start the user migration to new Payment System Provider (PSP) bank handles, the company informed the stock exchanges in a filing on Wednesday.

PhonePe launched its Unified Payments Interface (UPI) services in the United Arab Emirates (UAE) for Indian travellers as well as NRIs residing in the country on March 28. This service will now allow PhonePe users to make rapid digital transactions by scanning a QR code at retail stores, dining outlets, and other tourist attractions. The service is...

Indian digital payments firm Paytm, formally known as One 97 Communications, was on Thursday granted a third-party application provider license by the country's payments authority, which will enable it to facilitate payments after its banking unit ceases operations.

The development follows the collaboration between NPCI International Payments (NIPL) and Fonepay Payment Service, Nepal's leading payment network, in September last year.

National Payments Corporation of India (NPCI) has joined forces with the Indian Institute of Science (IISc), Bengaluru. The aim is to conduct research around emerging technologies like blockchain and Artificial Intelligence (AI).

While India has had great success with UPI, and the NPCI deserves to take a bow, we can't take the same success for granted for each DPI we attempt. A simple approach is the best approach.

The Reserve Bank of India (RBI) has requested the National Payments Corporation of India (NPCI) to examine a request from Paytm to become a third-party application provider, in order to allow UPI payments on Paytm to continue working after the central bank's wind down date for Paytm Payments Bank.

India's Unified Payment Interface (UPI) services were on Monday rolled out in Sri Lanka and Mauritius, with Prime Minister Narendra Modi describing it as linking historic ties with modern digital technology.