Speaking at the recent UBS conference, Mastercard CFO Sachin Mehra said that "it is an incredibly painful experience for ecosystem participants who all end up losing money as part of that proposition," reports TechCrunch
Mumbai: The Reserve Bank of India (RBI) has invited feedback from the public on the various changes proposed in the payments system, including the possibility of imposing tiered charges on transactions done through the Unified Payments Interface (UPI). As announced in the Statement on Developmental and Regulatory Policies dated December 08, 2021, the Reserve Bank […]
New Delhi: Leading crypto exchange Coinbase, which halted payments via unified payments interface (UPI) mode on its app in India in April, on Friday announced to pause hiring for as long as the global macro-economic factors remain in place. The company also revoked accepted offers from some candidates who haven’t joined it yet. “After assessing our […]
In August, the number of banks live with UPI grew to 249 from 235 in July, while the 3.55 billion transactions valued at Rs 6,39,116 crore was recorded. In the last one year – i.e.
Anil Pinapala, Founder and CEO of Vivifi, said Flexpay will allow customers purchase offline by scanning any UPI QR code or a UPI ID. It will facilitate credit to all salaried and self-employed so that they can purchase the products or services even when they are out of money.