UPI Transactions Cross 6 Bn Mark In July 2022
UPI crossed the 6 Bn mark in July 2022, with NPCI processing 628 Cr transactions worth INR 10.63 Lakh Cr during the month.
Source: inc42.com
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NPCI In Talks With 30 Nations For RuPay, UPI Adoption: Govt
NPCI is currently in talks with 30 countries for the adoption of RuPay cards and UPI, MoS Rajkumar Singh informed the Parliament.
Source: inc42.com
Internationalisation of Rupee to Boost Trade
The Reserve Bank of India (RBI) took steps recently to allow cross-border trade deals to be settled in Rupees. A work in progress but Indian banks can
Source: organiser.org
India: RuPay credit cards to be linked to UPI in the next two months
The National Payments Corporation of India (NPCI) on Friday stated that the linking of RuPay credit cards to Unified Payment Interface (UPI)- India's prominent digital payment network, is expected to take place within the next two months. Moreover, NPCI is expected to send the framework of its proposal to India's central bank viz Reserve Bank of India in the next 10 days RuPay credit card issuers that included big banks such as State Bank of India (SBI), Bank of Baroda (BOB), Union Bank and Axis bank, amongst others have already submitted their proposals to NPCI
Source: wionews.com
India To Provide UPI To The World; In Talks With 30 Countries: IT Minister
IT Minister Ashwini Vaishnaw has stated that India is in talks with 30 countries to provide UPI & 3 have already signed MoUs in this regard.
Source: inc42.com