United Payments Interface News Today

Magic Spends allows investment of a predetermined amount every time a user of the companys eponymous mobile app makes a transaction. The investment goes into digital gold and mutual funds.

Kotak Mahindra Bank Credit Card & Mobile Banking Curbs: Prime Minister Narendra Modi aims to export Indias digital payments system worldwide, but faces obstacles as Indian banks struggle with outdated technology. Despite massive investments in tech to boost financial inclusion, banks are grappling with system glitches and cyber threats. The government urges modernization to safeguard the financial system and customer data.

Only Google has established a strong foothold, while Facebook, WhatsApp and Amazon have been unable to grow their market share substantively.

Naveen Tahilyani, handpicked by Tata Sons chairman N Chandrasekaran from the groups insurance business Tata AIA Life Insurance, has been tightening spends at the digital ecommerce entity and bringing a more data-driven operational strategy to the table. Since his appointment in February, Tahilyani has been guided closely by Chandrasekaran, who is keen to push Tata Neu.

Crypto exchange Bitget on Tuesday announced a partnership with payment solutions provider OnRamp to streamline the conversion of fiat money into…

Bitget announced a partnership with payment solutions provider OnRamp to streamline the conversion of fiat money into cryptocurrencies

Indian citizens visiting or working in the UAE can now use the PhonePe app to make payments using UPI at Mashreq’s Neopay terminals.

Centre For Digital Economy Policy Research: Prime Minister Narendra Modi government is eyeing a $1 trillion digital economy on the back of Digital Public Infrastructure or DPI, which refers to digital networks that facilitate citizen-centric services such as Aadhaar, the United Payments Interface (UPI), and Fastag.

These projects will help in fulfilling the demand for better connectivity between mainland Mauritius and Agalega. Further, it will strengthen maritime security and foster socio-economic development, the PMO said.

Mauritius Foreign Minister Maneesh Gobin has said his government will deepen cooperation with the government of India on various issues.