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India's UPI Reaches Bhutan as NPCI's Overseas Arm Enables UPI-Based Payments in the Neighbouring Country ndtv.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ndtv.com Daily Mail and Mail on Sunday newspapers.
7 hours ago Global crypto-currency exchange Coinbase Inc. is hiring staff in India and has hired Pankaj Gupta as vice president of engineering and site lead in India. In Twitter post, Gupta said that he is leaving his role as Senior Director of Engineer at Google Pay at the end of the month to start Coinbase’s platform in India from scratch. With a PHD from Standford University at the start of millennia, Gupta worked out of Silicon Valley and Menlo part for a while, with a 5 year stint at Twitter as a data scientist, according to LinkedIn. He eventually moved back to India in 2016 and after a brief time with now defunt-Stayzilla, he formed an artificial intelligence company called Halli Labs. Gupta sold Halli Labs to Google within a few months of its founding and joined the tech giant a year later. He headed the engineering team for Google Tez (Google Pay in India) in Asia Pacific and eventually moved to a more global position as a senior engineer. ....
Pankaj Gupta is leaving Google Pay after leading the company’s engineering in India and Asia-Pacific at a time when it competing with rivals for a share in the financial services market. “I came in as an Apple fan-boy but leave wowed by the unimaginable reach of Android,” said Gupta, who was senior director of engineering at Google Pay and NBU (next billion users). He will join the US cryptocurrency exchange Coinbase, an online platform for buying, selling, transferring, and storing digital currency. “I have a great sense of pride and gratitude to have been a part of the Tez rocketship aka Google Pay alongside you from zero to nnnM+ users today now sending annually more than $mmm Billion to each other,” he said. ....
You can make payment using the recipient s phone number You’ll be required to enter your UPI PIN before sending money Google Pay, earlier known as Google Tez, lets you send and receive money online using four different methods UPI ID, phone number, bank details and bar code. It allows you to do online shopping, mobile recharges as well as make payments at offline stores. The app enables contactless payments and supports regional languages, so you can choose to access its features in your native language. If you are new to Google Pay, then here s a simple guide on how to send money on the app using various payment methods. Take a look below. ....
Highlights It is developed by NPCI. It is an RBI regulated entity. New Delhi: Unified Payments Interface (UPI) is an instant payment system developed by the National Payments Corporation of India (NPCI), which is an RBI regulated entity. UPI is built over the IMPS infrastructure and allows you to instantly transfer money between any two parties bank accounts. In other words, UPI is a system that powers multiple bank accounts into a single mobile application (of any participating bank), merging several banking features, seamless fund routing & merchant payments into one hood. It also caters to the “Peer to Peer” collect request which can be scheduled and paid as per requirement and convenience. Users can immediate money transfer through mobile device round the clock and throughout the year. UPI is available on Android and iOS platform. ....