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NPCI inks pact with Bank of Namibia for developing UPI-like instant payment system

By leveraging technology and experiences from India s UPI, the partnership seeks to help Namibia modernize its financial ecosystem. This includes improving accessibility, affordability and connectivity with both domestic and international payment networks, and interoperability. ....

Johannes Gawaxab , Ritesh Shukla , National Payment System , International Payments Limited , Payments Limited , Unified Payment Interface , Namibia Governor Johannes Gawaxab , Bank Of Namibia ,

The soaring success of UPI is exacting an unseen cost on India's banks

Indian banks have been grappling with t Bhe UPI phenomenon. UPI is heaven-sent for consumers, but banks dont make a dime off it. It is also the cause of banking system outages that tarnish a banks reputation and erode its market capitalisation. ....

Dilip Asbe , National Payments Corporation Of India , National Payments Corporation , Core Banking System , Sit Systems ,

Self-use QR ticket machines set up at 2 metro stations

​ The self-use machines produce paper tickets with the QR codes imprinted on them. The pilot project has been implemented with the objective of helping commuters avoid standing in long queues to obtain tickets for their metro travel, another measure at ensuring a hassle free journey. ....

Bangalore Metro Rail Corporation , Metro Rail Corporation Limited , Cubbon Park , Unified Payments Interface , Upi Mode , Qr Ticket Machines , Purple Line , Paper Tickets , Metro Stations , Bangalore Metro Rail Corporation Limited ,