Search For "payment system"
From Aadhaar to the Future of UPI: Bharat Fintech Summit 2026 Maps the Nex
Updated : 2 weeks, 4 days ago IST
Mumbai (Maharashtra) [India], February 24: The Bharat Fintech Summit 2026, presented by The Digital Fifth, concluded today at the JW Marriott Sahar, Mumbai, after two days of discussions on the evolution of India's digital financial ecosystem. The summit brought together over 250 speakers ac
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Transcorp International Limited Receives RBI's In-Principle Approval for C
Updated : 1 month ago IST
Jaipur (Rajasthan) [India], February 7: Transcorp International Limited has received in-principle approval from the Reserve Bank of India (RBI) for participation in Centralized Payment Systems (CPS), marking a significant development in its banking services infrastructure. The CPS authorisat
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Board of Payments Regulatory Board holds its first meet, reviews draft Pay
Updated : 2 months, 1 week ago IST
The Board reviewed the functions of the Department of Payment and Settlement Systems and current focus areas covering both domestic and global payment systems. The draft Payments Vision 2028 was presented, and Members gave strategic guidance to ensure the continued development of India's pay
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UPI recognised as World's largest real-time payment system by IMF; Account
Updated : 3 months ago IST
According to the Ministry of Finance, further, as per the ACI Worldwide report on 'Prime Time for Real-Time' 2024, UPI has around 49 per cent share in the global real-time payment system transaction volume.
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SGS Highlights Cybersecurity Capabilities With World's First EU RED-NB Cer
Updated : 3 months, 2 weeks ago IST
Hong Kong, November 27: SGS, the world's leading testing, inspection and certification company, has awarded Ruijie Networks the world's first European Union (EU) Radio Equipment Directive - Network Bridge (RED-NB) certification for an enterprise access point (AP) product, together with the S
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SpiceJet resumes online services after technical challenges on website,
Updated : 3 months, 3 weeks ago IST
In a statement, the airline confirmed that it had been facing "technical challenges" that briefly affected several online functionalities. Due to the disruption, manual check-in and boarding procedures were activated across airports to ensure smooth passenger handling.
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Peru to roll out UPI-like payment system by next year: Envoy
Updated : 3 months, 3 weeks ago IST
Peru will implement the UPI-like real-time digital payments system by next year, informed Peruvian Ambassador Javier Manuel Paulinich Velarde said on Wednesday.
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Pakistan's e-commerce dreams falter as skills crisis exposes deep governan
Updated : 3 months, 4 weeks ago IST
Pakistan's e-commerce sector could create thousands of jobs but faces major setbacks due to a skills shortage, poor training, and weak logistics. Experts warn growth targets may fail unless the government improves workforce development and digital systems, The Express Tribune reported.
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Government Securities market grows over twofold to Rs1,812 lakh crore by 2
Updated : 4 months, 3 weeks ago IST
The Government Securities (G-Sec) market has witnessed substantial growth over the past five years, expanding from Rs 769 lakh crore in calendar year (CY) 2019 to Rs 1,812 lakh crore in Calendar Year (CY) 2024, according to the Reserve Bank of India's Payment Systems Report for the half year
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RBI report highlights digital payment boom, UPI leads India's cashless tra
Updated : 4 months, 3 weeks ago IST
India's digital payment ecosystem continues its rapid expansion, with the Unified Payments Interface (UPI) maintaining a dominant position in transaction volumes, according to the Reserve Bank of India's Payment Systems Report for the half year ended June 2025.
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"India's UPI, Aadhaar-enabled payment system, Bharat QR and DigiLocker are
Updated : 5 months ago IST
Prime Minister Narendra Modi, addressing the Global Fintech Fest in Mumbai, highlighted India's fintech leadership, digital innovation, and inclusive governance. He praised UPI, ONDC, and OCEN for empowering small businesses and noted that half of the world's real-time digital transaction
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Digital Public Infrastructure model can transform power sector: Ram Sewak
Updated : 5 months, 1 week ago IST
The digital public infrastructure (DPI) model that has already transformed India's payment system and the Open Network for Digital Commerce (ONDC) can also be applied in the power sector, said Dr Ram Sevak Sharma, Chair of the India Energy Stack Task Force and Former Mission Director of UIDA
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