MAS chief fintech officer Sopnendu Mohanty said the integration of the two payment networks is "ready and waiting for launch".
January 11, 2023Project Pratima aims to introduce a uniform set of icons for basic payment actions and processes, curb fraud, and boost digital payments adoption.
December 9, 2022The NPCI has for the third time extended its compliance deadline for imposing a 30 percent market cap limit on UPI payment apps.
December 8, 2022The FTC is investigating whether the security technology used by Visa and Mastercard raises the likelihood that payments over different networks will be rejected.
October 18, 2022NPCI and Oman's central bank will study the possibility of connecting the UPI and RuPay card systems used in India with similar systems in Oman.
October 6, 2022The partnership will allow Indian customers and merchants in India with an active UPI ID to make and accept cross-border payments globally.
October 4, 2022The three initiatives have the potential to revolutionise the digital payments ecosystem, said NPCI.
September 24, 2022The plans include the development of PromptBiz, a digital payment infrastructure system for the business sector.
September 21, 2022All government departments and agencies, state universities and colleges, and state-owned or controlled corporations will have to implement digital payments.
August 25, 2022Starting from 1 September, new VASP licence applications will only be entertained if they come from existing BSP-supervised financial institutions.
August 15, 2022