UPI payment services launched in Sri Lanka, Mauritius; PM Modi describes it as 'special day'

UPI payment services launched in Sri Lanka, Mauritius; PM Modi describes it as 'special day'

The launching of UPI services in Sir Lanka and Mauritius enables the availability of UPI settlement services for Indian nationals travelling to Sri Lanka and Mauritius as well as for Mauritian nationals travelling to India. | Photo Credit: The Hindu India’s Unified Payment Interface (UPI) services were on February 12 rolled out in Sri Lanka … Read more

Samman RuPay Credit Card: IndusInd Bank floats UPI-enabled cards for government employees; Check details

Samman RuPay Credit Card: IndusInd Bank floats UPI-enabled cards for government employees; Check details

IndusInd Bank on Tuesday launched its UPI-enabled IndusInd Bank Samman RuPay Credit Card, in association with with National Payments Corporation of India (NPCI) especially for government sector employees. The cards have been launched for government sector employees to provide them with a range of exclusive benefits and enhance their overall banking experience. The Samman RuPay … Read more

RBI in final stages of retail CBDC pilot rollout

RBI in final stages of retail CBDC pilot rollout

The Reserve Bank of India (RBI) is in the final stages of the rollout of the retail central bank-backed digital currency (CBDC) that will be interoperable with the present forms of payment systems, people aware of the developments said. Officials indicated that the platform for CBDC is being hosted by the National Payments Corporation of … Read more

NPCI joins hands with brands, aggregators to introduce tokenization facility for Rupay card users

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The National Payments Corporation of India has joined hands with brands and aggregators such as bigbasket, Goibibo, MakeMyTrip, JioPay, and PhonePe to introduce tokenization facility for Rupay card users to enhance online transaction security. The facility will be supported by the recently launched NPCI Tokenization System (NTS). Tokenization will allow a seamless and convenient transaction … Read more