Blog

Here’s how UPI’s International Payment Innovation is Simplifying Financial Access for Customers Travelling Abroad

In an era defined by global connectivity, the need for seamless financial access while traveling has become more critical than ever. Enter UPI's International Payment Innovation, a ground-breaking development that transcends borders and simplifies the financial...

4 Ways How UPI Lite’s Offline Capability is Fuelling Financial Innovation and Expansion

In rural India, seamless online payments are often challenging. Limited internet connectivity, unreliable electricity, and the unfamiliarity with digital tools posed significant challenges. Transactions often require cumbersome cash-on-delivery systems or dependence...

Voice-Powered Payments: India’s Path to Financial Empowerment

Artificial Intelligence (AI) is re-envisioning India's financial services, with over 83% of Financial Service Providers (FSPs) adopting it to enhance and modernise their offerings. The "Conversational Payments on UPI," supported by the National Payments Corporation of...

How Central Bank Digital Currency (CBDC) is Reshaping Digital Payments in the Fintech Sector?

How CBDCs are Reshaping Digital Payments in the Fintech Sector Central banks are key to our financial system. Historically, they've ensured quick, stable, and smooth financial operations, handling payment systems and currency issuance. But they're updating their roles...

Introducing XPRESS UPI: One-Click Payment Experience

Life happens in the fast lane. Then why should our payment modes slow us down? As the need for speed and simplicity grows, we need solutions that simplify the multiple steps of online payments and get the job done quicker! With this in mind, we’ve developed XPRESS...
Tracking The Growth Path Of Digital Payments In India

Tracking The Growth Path Of Digital Payments In India

In the past few years, a considerable growth in digital payments in India has been observed. Despite the crippling effect of the COVID-19 pandemic, a staggering figure of 38.8bn real time digital transactions (UPI) were recorded in 2021 alone, which is up from 18.8 bn...

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Changing Landscape of Reconciliation

Changing Landscape of Reconciliation

Managing high volumes of transactions and adapting to new payment mechanisms across expanding field of touch points (credit, debit, cash, online etc) are challenges that most businesses find difficult to cope with. As the digital...

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The Futuristic Payment Solution – E-RUPI

The Futuristic Payment Solution – E-RUPI

Taking a step forward towards digitalized payment system, PM Modi launched the much-awaited e-RUPI payment solution on 2nd Aug. Contactless and cashless, the one-time payment system is designed to send government monetary benefits directly to the beneficiaries. The...

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