Paytm Signs MoU With Arunachal Pradesh to Create Startup Ecosystem

[ad_1] Paytm Payment Services Limited (PPSL) on Thursday signed an MoU with ArunachalPradesh Innovation and Investment Park (APIIP) to create a startup ecosystem for the youth in the northeastern state, officials said.  According to the MoU, Paytm Incubation Centre will provide its product to early-stage startups at a discounted price and offer free credits through the Paytm Startup toolkit to aid the business ventures of youths in their early stage of … Read more

India, New Zealand to Increase Cooperation for Facilitation of UPI System

[ad_1] India and New Zealand on Thursday decided to increase cooperation in areas such as facilitation of UPI system, timely resolution of trade issues, work visa, and improving the banking relations. Looking at the present quantum of bilateral trade between the two countries, both sides acknowledged the huge potential and the need for bringing in … Read more

Existing UPI QR Codes Could Begin Processing Transactions in eRupee CBDC: RBI’s T Rabi Sankar

[ad_1] India is planning to introducing its own blockchain-based eRupee CBDC for commercial use. The country is mulling more ways to make this process simple for adoption. On Thursday, May 8, RBI Deputy Governor T Rabi Sankar hinted that existing UPI QR codes could become interoperable with the Indian CBDC in the months to come. … Read more

Google Pay Enables Aadhaar-Based Authentication for UPI Activation Without Debit Cards: How it Works

[ad_1] Google Pay is rolling out support for Aadhaar-based authentication for Unified Payments Interface (UPI) activation, the company announced on Tuesday. The popular payments app will now allow users to set up their UPI PIN without a debit card. Users who want to register for UPI on Google Pay using their Aadhaar number will need … Read more

Paytm UPI App Records 35 Percent YoY Merchant Growth to Rs. 2.65 Lakh Crore in April-May 2023

[ad_1] India’s leading payments and financial services company Paytm on Monday announced its business operating performance for the two months ended May 2023 and that its consumer engagement on the Paytm Super App continues to see a robust expansion of its consumer base. The consumer base has seen an average Monthly Transacting Users (MTU) for … Read more

Delhi Metro Launches WhatsApp-Based Ticketing Service for Airport Line Commuters

[ad_1] Delhi Metro commuters will now be able to travel on the Airport Line using a WhatsApp-based ticketing service launched on Tuesday. The system allows commuters to receive a QR code-based ticket directly on WhatsApp, officials said. “Further enhancing the travel experience for its commuters in an easy-to-navigate digital mode, Delhi Metro today introduced a … Read more

Google Pay Rolls Out UPI Payments Support for RuPay Card Holders of These Banks: Details

[ad_1] Tapping into the growing popularity of Unified Payments Interface (UPI), Google Pay in conjunction with the National Payments Corporation of India (NPCI) on Tuesday announced the capability for users to make UPI payments with RuPay credit cards.  With this development, users can link their RuPay credit cards with Google Pay to seamlessly pay at … Read more

Japan Explores Ways to Join India’s UPI Payment System

[ad_1] Japan is mulling to join India’s UPI payment system and promote cooperation on the digital identity system, an official statement said on Friday. Bhutan, Nepal, Singapore and UAE have already started accepting Unified Payment Interface (UPI) payment systems. “Almost every global forum, whether G20, SCO (Shanghai Cooperation Organisation) or G7, wherever we are presenting Hon’ble … Read more