RBI, NPCI to start work on expanding UPI to 20 countries by FY29
RBI to expand UPI globally by FY29, introducing new features and exploring collaborations for enhanced payment security.
Source: thehindubusinessline.com
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Payments made easier for travelers between HK and Thailand
The cross-border QR payment between Hong Kong's Fast Payment System and Thailand's PromptPay was launched yesterday, providing a fas...
Source: thestandard.com.hk
People's Bank of China Tests Digital Yuan Payment Integration in Hong Kong
The People’s Bank of China (PBOC) and the Hong Kong Monetary Authority (HKMA) are in the second phase of the integration tests of the digital yuan for…
Source: biztoc.com
India Shrunk Financial Inclusion Targets from 47 Yrs to 6 With Digital Payment Infra: World Bank G20 Doc
A G20 policy document prepared by the World Bank, accessed by News18, says the total value of UPI transactions in last financial year was nearly 50% of India’s nominal GDP
Source: news18.com
A Snapshot of Major Real-Time Payments Networks in Asia
The Asia Pacific region is a global frontrunner in real-time payments, propelling account-to-account (A2A) payments and international trade.
Source: fintechnews.sg