India
Carlyle Group further dilutes stake in SBI’s credit card JV
American private equity firm Carlyle Group has diluted its stake in SBI Cards & Payments Services in a block deal worth $294.84m. …
Mastercard introduces payment verification solution in India
Mastercard, in collaboration with Federal Bank, has debuted its Identity Check programme in India that allows cardholders to verify transactions…
Amazon enters Indian P2P payments space
E-commerce giant Amazon has launched peer-to-peer (P2P) payments service in India leveraging Unified Payments Interface (UPI). Amazon Pay users can…
Xiaomi secures regulatory nod to launch Mi Pay in India
Chinese smartphone manufacturer Xiaomi has received the approval from the NPCI to introduce its mobile payment service Mi Pay in…
Google set to roll out digital lending in India
Google has announced plans to introduce digital lending services in India in partnership with multiple domestic banks. The company will…
Paytm launches AI Cloud for India
One97 Communications, the parent company of Indian e-commerce payment firm Paytm, has launched AI Cloud computing platform for developers, startups…
India’s NPCI launches UPI 2.0 with new features
The National Payments Corporation of India (NPCI), the organisation managing all retail payment systems in the country, has introduced Unified…
Amazon invests $33.5m in Indian payment business
E-commerce firm Amazon has invested INR2.3bn ($33.5m) in its Indian payments arm Amazon Pay India to bolster operations in the…
Currencies Direct introduces new payment service in India
UK-based foreign exchange broker Currencies Direct has introduced international payment service in Indian domestic currency INR. The new service will…
Wibmo introduces new fraud detection system for digital payments
Digital payment authentication services provider Wibmo has introduced a new fraud management system for digital payments called Trident. The new…