Top game-changing innovations in India’s digital retail payments
In the dynamic landscape of India’s digital economy, innovations in digital payments are reshaping the way transactions are conducted across the country. From unified payment acceptance devices to AI-based promotions, each advancement is playing a crucial role in revolutionising the payment experience and driving the adoption of cashless transactions within India’s burgeoning economy. Coverages: Link: […]
Shaping the Future of Digital Transactions: Innovations Redefining Payment Experiences
The adoption of UPI-based payments has seen significant growth, reflecting the growing preference for seamless and frictionless payment experiences. UPI transactions have witnessed exponential growth year on year, clocking 1 billion transactions every 3rd day and poised to clock a constant 1 billion transactions a day by 2026, highlighting the widespread acceptance of UPI-based payments. […]
Revolutionising digital retail payments in India: Innovations reshaping the payment landscape
In the dynamic landscape of India’s digital economy, innovations in digital payments are reshaping the way transactions are conducted across the country. From unified payment acceptance devices to AI-based promotions, each advancement is playing a crucial role in revolutionizing the payment experience and driving the adoption of cashless transactions within India’s burgeoning economy. Coverages: Link: […]
RuPay credit card can’t be used on UPI for these 3 important payments
The National Payments Corporation of India (NPCI) has recently introduced a feature enabling the linkage of RuPay credit cards to the unified payments interface (UPI). You no longer need a point-of-sale (POS) terminal to use your credit card in a shop. With the new RuPay credit card on UPI feature, you can simply scan QR […]
Mindgate Solutions releases UPI Lite & Rupay Credit card modules in its flagship UPI product platform in sync with NPCI directives
With the launch of Rupay Credit card on UPI, Rupay Credit cardholders can now link their card to any UPI payment app to make merchant payments either by scanning a QR code or online. Mindgate is pleased to be the first mover with Punjab National Bank (PNB). Anil Tembhe, General Manager- IT eChannels of State […]
Mindgate awarded the ‘Best Open Banking & API Solution Provider’ at the 2022 MEA Finance Banking Technology Summit & Awards.
DUBAI, May 19th, 2022 – Mindgate Solutions Pvt. Ltd, leaders in processing digital payments, today announced it has won the 2022 MEA Finance Banking Technology Award as the ‘Best Open Banking & API Solution Provider’. This award highlights Mindgate’s contribution toward digital transformation in the Middle East and Africa regions. MEA Finance Banking Technology Summit […]
The Path to India’s Central Bank Digital Currency
India is set to welcome its own digital currency in the near future. What are the building blocks of the Reserve Bank of India’s Central Bank Digital Currency and what will the path to a CBDC look like? Read More: https://www.businesstoday.in/magazine/finance/story/the-path-to-indias-central-bank-digital-currency-328345-2022-04-02
Widen digital payment ecosystem, ensure financial inclusion among unbanked population
India’s burgeoning digital payment industry has shown impressive growth in the last few years, leading the charge of digitalisation of payments in the P2P (Person to Person) and P2M (Person to Merchant) segments. The Union Budget 2022-23 offers the finance minister an opportunity to further strengthen the digital payment ecosystem and lay down the government […]
The Union Budget 2022 shows a strong commitment to India’s digital future.
“The Union Budget 2022 shows a strong commitment to India’s digital future. We applaud the government’s conviction in digital banking and welcome the move to set up 75 Digital Banking Units in 75 districts in the country. This will be a first step towards ensuring the citizens of the country, especially in the rural setting, […]
Top Five Trends that ruled the Digital Payment Solutions in India
Digital payments have come of age during the last few years in India. With access to multiple platforms, modern users are now increasingly opting for digital payments to discover and complete their purchase journey. While online storefronts were among the first to adopt digital payments, legacy payment systems quickly followed suit. Today even individual blue-collar […]