UPI

News and Trends

Five Major Future Trends in FinTech

The next decade is crucial for India; entrepreneurial spirit and innovative minds of Indians will help the country achieve its economic targets

News and Trends

Repo Rate Kept Unchanged for 5th Time by RBI this Fiscal Year

The previous change in the key rate took place in February 2023 when RBI hiked the repo rate by 25 basis points to 6.50 per cent from 6.25 per cent

News and Trends

Fintech Unicorn Razorpay Launches Turbo UPI For Faster Online Payments

The newly launched product claims to allow customers of online merchants to make UPI payments directly without getting redirected to a third-party UPI app during checkout

News and Trends

UPI-PayNow Linkage Launched; Will Make Cross-Border Remittance Easy Between India and Singapore

The UPI-PayNow linkage is said to be the world's first such linkage to feature cloud-based infrastructure and have participation from non-banking financial institutions

News and Trends

PhonePe Becomes India's First Fintech Platform To Enable Cross-Border UPI Payments

The current launch supports all international merchant outlets in UAE, Singapore, Nepal and Bhutan that have a local QR code