#payments
UPI MDR kicks in October 15: Why NPCI expects no hit to transaction volumes
NPCI CEO Dilip Asbe said the new Merchant Discount Rate is unlikely to materially affect UPI transaction volumes, with the additional revenue expected to be reinvested in payment infrastructure and technologies such as soundboxes and AI.
Stablecoin payments firm dtcpay closes $25M round with SBI backing
Singapore stablecoin payments firm Dtcpay closes a $25 million Series A with SBI backing to expand its merchant network and payment products.
SBI Group backs payments firm dtcpay in $25 million funding round
Stablecoin payments company dtcpay completed a $25 million Series A funding round with a strategic investment from Japan’s SBI Group.
BRICS treads carefully on de-dollarisation: Main focus on payments, not a common currency
There is no mention of a common BRICS currency or a formal call for replacement of the US dollar. Instead, the document sticks to the more incremental, technocratic language the bloc has used since Rio and Kazan: interoperable payment systems, local-currency …
Indonesia Сalls for Stronger BRICS Payments in National Currencies
BRICS countries should develop cross-border payments to shield their economies from geopolitical risks, while taking into account each country’s level of development and national priorities, Bank of Indonesia Governor Destry Damayanti stressed on the sideline…
Xflow partners with HSBC to collect payments from Indian users for global businesses; here's why it is important
Xflow partners with HSBC to help global businesses collect payments from Indian customers through UPI, cards and net banking without setting up a local entity.
Crypto Long & Short: Asia’s regulated crypto future
Asia's adoption of crypto and stablecoins is driving regulated growth in payments and remittances. Learn how Singapore, Hong Kong, India, and Korea are leading the way.
Sebi proposes to permit third-party payment in MFs in certain scenarios
The current regulatory framework mandates that all payments for investments in mutual funds must originate directly from the investor's own bank account and be routed exclusively through RBI-authorised payment aggregators or Sebi-recognised clearing corporati…
Viyona Fintech gets NPCI certification
With this milestone, Hyderabad-based Viyona joins a select group of fintech infrastructure players building end-to-end payment orchestration capabilities aligned with National Payments Corporation of India standards.
Elon Musk's X Platform Reaches 1 Billion Downloads Milestone Amid Rapid Transformation Into Everything App
Elon Musk's X has surpassed 1 billion downloads, evolving into a multifaceted platform with features like payments, video streaming, and AI, despite challenges and controversies.
How Navi is sharpening its IPO pitch ahead of a fresh FY27 filing
Navi Ltd plans to file for an IPO in FY27, focusing on profitability and a diversified business model. The fintech aims to attract investors with its offerings in payments, lending, insurance, and investments.