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India's RuPay Card issuance crosses 10,000 milestone in Bhutan

NPCI International Payments Ltd (NIPL), the wholly-owned subsidiary and international arm of National Payments Corporation of India (NPCI), said it has touched the milestone of issuing over 10,000 RuPay cards in Bhutan. ....

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RuPay Card Issuance Crosses 10,000 Milestone in Bhutan

RuPay Card Issuance Crosses 10,000 Milestone in Bhutan -
NPCI International Payments Ltd (NIPL), the wholly-owned subsidiary and international arm of National Payments Corporation of India (NPCI), has. ....

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Airtel Payments Bank rolls out e-KYC-based face authentication for opening saving accounts

Airtel Payments Bank on Tuesday announced the launch of face authentication-based savings bank account opening for customers ....

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New Umbrella Entity: Everything you need to know about NPCI's potential rival(s)

March 8, 2021
Some of India’s leading startups, fintechs, large banks and corporates, alongside a few global financial giants and tech companies, have come together, all to grab a piece of India’s burgeoning payments market. Soon, the Reserve Bank of India (RBI) may grant some of them their wish to build and scale new ways for Indian consumers to transact.
While cash remains the dominant form of making transactions in the country, over the last few years the number of consumers and merchants transacting digitally has grown exponentially. This has to do with two factors one the falling cost of data and access to smartphones which enable digital transactions and the second, the increased access to financial services like bank accounts and credit. According to Credit Suisse, digital payments in India now clock an annual payment run-rate of $450 billion and constitute 30% of all retail transactions from 10% in 2018. ....

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