As digital payments morph into strategic assets, India is offering a template for other nations seeking to reduce dependence ...
In discussing India's dominance in the UPI sector, Mathur noted that while the US is attempting to develop a comparable ...
Payment systems, Financial Market Infrastructures (FMIs) and digital financial services (DFS) help expand financial inclusion, foster economic development, enable digital economy, and support ...
The Employees Provident Fund Organisation (EPFO) has implemented the Centralised Pension Payment System (CPPS) for pension claims from January 2025, enabling processing through any scheduled ...
For ‘laggard’ countries that are yet to establish domestic real-time payment systems, it may be an option to consider adopting the well-proven and scalable UPI standard and technology.
These advances build on the India Stack—a comprehensive digital identity, payment, and data-management system that we write about in a ... is an important driver of economic development in India and ...
has been found to be non-compliant with the directions of Storage Payment System Data," the RBI said in a notification. Last year, Mastercard accounted for 33% of all card payments in India ...
Before there was the barter system then came money in the form of papers and coins, now in the rapidly evolving digital world ...