UPI

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A look at India's homegrown digital payments system UPI, which is run by a nonprofit organization NPCI and is now used by ~300M individuals and 50M merchants (New York Times)

[ad_1] New York Times: A look at India’s homegrown digital payments system UPI, which is run by a nonprofit organization…

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Technology

India and Singapore link their digital payment systems, UPI and PayNow, to enable instant payments between the two countries with an initial cap of S$1K per day (Manish Singh/TechCrunch)

[ad_1] Manish Singh / TechCrunch: India and Singapore link their digital payment systems, UPI and PayNow, to enable instant payments…

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Technology

A look at India's pilots for a retail and wholesale CBDC, planned for a national launch by the end of 2023, and differentiating the project from the UPI system (Amitoj Singh/CoinDesk)

[ad_1] Amitoj Singh / CoinDesk: A look at India’s pilots for a retail and wholesale CBDC, planned for a national…

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Technology

India's central bank launches UPI Lite with eight banks to make sub $2.50 transactions faster and simpler on the country's most popular digital payments network (Manish Singh/TechCrunch)

[ad_1] Manish Singh / TechCrunch: India’s central bank launches UPI Lite with eight banks to make sub $2.50 transactions faster…

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Indian payments body refuses to acknowledge Coinbase's India launch, saying it is not aware of any cryptocurrency exchange using UPI payments instrument (Manish Singh/TechCrunch)

[ad_1] Manish Singh / TechCrunch: Indian payments body refuses to acknowledge Coinbase’s India launch, saying it is not aware of…

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