India and Singapore link UPI and PayNow in cross-border payments push

India and Singapore have linked their digital payments systems, UPI and PayNow, to enable instant and low-cost fund transfers in a major push to disrupt the cross-border flow of money between the two

PhonePe taps cross-border UPI payments in revenue push

Indians traveling to many foreign markets, including the UAE and Singapore, may soon be able to use the popular UPI payments to make purchases when they land there. Bengaluru-headquartered fintech gia

India’s PhonePe tops $12 billion valuation in new funding

PhonePe’s valuation has more than doubled to over $12 billion in a new funding round as the Indian fintech giant readies for life without parent firm Flipkart. The Bengaluru-headquartered startu

Google is piloting its own ‘soundbox’ in India for merchants to get audio-based payment alerts

Soundboxes — hardware used by merchants that emits sounds every time a mobile payment is made — have taken off in India, where point of sale activity can get busy and voice alerts from the

India to spend $320 million to promote homegrown payments network

India will spend nearly $320 million to promote cards on RuPay and for low-value UPI transactions, the latest in a series of moves by New Delhi to fuel the growth of its homegrown payments network. Ne

Google Play finally adds UPI subscriptions in India

Unified Payments Interface — commonly known as UPI — has become the most popular mobile payment route for P2P and merchant payments in India, and now Google’s stepping up with updated UPI functi

India’s central bank to allow linking credit cards with UPI

India’s central bank proposed on Wednesday an integration between UPI and credit cards in a significant boost for a fast-growing payments protocol that has become the most popular way individual

Fintech Slice joins UPI race to challenge PhonePe and Google Pay

Slice is adding the popular railroad UPI on its eponymous app as the Indian fintech looks to broaden its offerings and pushes to become a one-stop payments app for consumers in the world’s second la

Coinbase suspends buy orders in India days after launch

Crypto giant Coinbase has suspended support for UPI payments instrument on its app in India, making its eponymous exchange nonfunctional again for any purchase orders less than four days after launchi

Indian payments body refuses to acknowledge Coinbase’s India launch

The National Payments Corporation of India, the governing body that oversees UPI in the country, said in a statement that it is not aware of any cryptocurrency exchange using UPI payments instrument,

India’s Slice gears up to take on PhonePe and Google Pay with UPI support

A new player is preparing to enter India’s crowded and yet duopoly-sided UPI payments market. Bengaluru-headquartered Slice, which became a unicorn late last year, plans to introduce UPI payments fo

Coinbase makes India push with support for UPI payments

Coinbase is beginning to add support for payment instruments UPI and IMPS in India, making its crypto exchange broadly functional in the world’s second largest internet market for the first time in