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FSS and NPCI International Payments to expand UPI rails internationally

External | what does this mean? This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. FSS and NPCI International Payments to expand UPI rails internationally 5 hours ago Source: FSS FSS (Financial Software and Systems), a globally leading provider of integrated payment products and India’s largest payments processor, and NPCI International Payments Ltd (NIPL, International arm of National Payment Corporation of India), have signed a strategic partnership to expand UPI (Unified Payment Interface) rails in international markets. India is among the first countries globally to launch real-time payments rails, processing close to three billion transactions a month on the UPI network. Several governments and regulators globally, and emerging markets, in particular, are keen on modelling NPCI’s success in building an interoperable, real-time payments infrastructure, supportin

FSS and NIPL Partner to Expand UPI Global Footprint

FSS and NIPL Partner to Expand UPI Global Footprint Tuesday, April 27, 2021 4:55PM IST (11:25AM GMT)   Mumbai, Maharashtra, India:  FSS (Financial Software and Systems), a globally leading provider of integrated payment products and India’s largest payments processor, and NPCI International Payments Ltd (NIPL, International arm of National Payment Corporation of India), have signed a strategic partnership to expand UPI (Unified Payment Interface) rails in international markets.   India is among the first countries globally to launch real-time payments rails, processing close to three billion transactions a month on the UPI network. Several governments and regulators globally, and emerging markets, in particular, are keen on modelling NPCI’s success in building an interoperable, real-time payments infrastructure, supporting the long-term growth of the digital payments’ economy.

Entrepreneurship During Covid Times and the Role of India – PaGaLGuY

In 2020, early-stage and bridge funding almost doubled, indicating that investors recognized the value in innovation. Krishna Ella, MD, Bharat Biotech is an outstanding example of techno-entrepreneurship. His company’s vaccine is in global demand, and his business scaled up during the challenging times of the pandemic, although his business isn’t a startup.  Besides giants like Pfizer, Moderna and Astra Zeneca, Bharat BioTech now features companies that provide the COVID vaccine to the world. India is becoming a hub for entrepreneurship for the world! When the economy was in deep paralysis for almost a quarter of 2020, digital platforms captured venture funds and investors’ eyeballs through mergers and acquisitions. Reliance’s Jio attracted the largest investments from companies like Facebook, Google and others. Traxcn – a company that follows the startup industry’s activities – values the total funding towards startup to be $11.5B in 2020, which is 10% lower than

Gaming Apps May See Restrictions On UPI Transactions

A surge in low-ticket transactions across gaming apps during the IPL season is proving to be a headache for India’s Unified Payment Interface, which processed over Rs 5 lakh crore in payments in March.

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