Dive into the tech & future
There was much to celebrate on the tech policymaking circuit this week when Singapore integrated the Unified Payments Interface (UPI). The system moved one more step to challenge the hegemony of Mastercard and Visa as a global payment system. But this narrative went untold in the political optics of it all. “The closest analogy I … Read more
India and Singapore have linked their respective digital payments systems, Unified Payments Interface (UPI) and PayNow, respectively. This linkage will enable those living in India to quickly send money to people living in Singapore. Here’s all you need to know about the collaboration.UPI and PayNow announcementThe announcement of linkage between UPI and PayNow was announced … Read more
The Reserve Bank has allowed inbound travellers from G20 nations arriving at select airports to use the popular UPI for making payments in the country. RBI plans to later extend the Unified Payments Interface (UPI) facility to travellers from all countries. UPI is a system that powers multiple bank accounts into a single mobile application, … Read more
The government expects five to seven countries to sign up for adopting India-developed technology platforms like UPI and Aadhaar by March for accelerating digitisation, according to Minister of State for Electronics and Information Technology Rajeev Chandrasekhar. While speaking at India Stack Developer Conference, the minister said that the Prime Minister has decided to offer India … Read more