UPI In 2021: PhonePe, Google Pay Lead Market Share
PhonePe led the UPI numbers with INR 3.94 Lakh Cr transactions. Google Pay maintained its second lead with INR 3.03 Lakh Cr transactions.
Source: inc42.com
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UPI Clocks In INR 8.26 Lakh Cr Worth Transactions In December 2021
With a rise of 0.91% in the number of MoM transactions, UPI recorded 456 Cr transactions worth INR 8.26 Lakh Cr (aprx $111.2 Bn) in Dec 2021.
Source: inc42.com
Fintech in Singapore: 2021 in Review | Fintech Singapore
In 2021, Singapore continued to pursue its ambition to become a world leader in fintech innovation, multiplying initiatives to foster green fintech, explore opportunities related on central bank digital currency (CBDC), and lay the foundation for open finance.
Source: fintechnews.sg
NPCI & Network International Collaborate To Launch UPI In UAE
To facilitate UPI payments in the UAE, Network International has signed an MOU with NPCI International (NIPL); rollout to begin by Q1 CY22.
Source: inc42.com
Liquid integrates with Singapore digital ID Singpass
Liquid Group Inc. (“Liquid”), a cryptocurrency-fiat exchange, announced integration with Singpass, Singapore resident’s trusted digital identity tool, to allow users from Singapore to verify their Liquid account within minutes!
Source: finextra.com