India, Singapore to link UPI, PayNow for faster payments

Sep 14, 2021

New Delhi [India], September 14 : The Reserve Bank of India (RBI) and the Monetary Authority of Singapore (MAS) have announced a project to...

Soon money transfers between India-Singapore using UPI: Indian envoy

Nov 11, 2022

India and Singapore have completed technical preparations to link their fast payment systems UPI and PayNow to enable fund transfers between the two countries...

RBI directs payment service providers to enhance accessibility for persons with disabilities

Oct 13, 2024

With digital payment systems becoming increasingly popular among all segments of the population, including differently-abled individuals, the RBI's latest guidelines urge payment system participants...

RBI seeks public feedback on changes in payment systems

Aug 18, 2022

Mumbai (Maharashtra) [India], August 18 : The Reserve Bank of India (RBI) has invited feedback from the public on the various changes proposed in...

Volume of UPI transactions grew at 147 pc annually over past 5 years: Centre

Dec 18, 2023

The Unified Payments Interface (UPI) is India's mobile-based fast payment system, which facilitates customers to make round-the-clock payments instantly using a Virtual Payment Address...

Russian bank working to issue China's UnionPay, domestic MIR cards after Visa, Mastercard exit

Mar 07, 2022

Moscow [Russia], March 7 : Following the suspension of operations in Russia by payment giants Visa and Mastercard, Russia's state-owned Sberbank announced on Sunday...