March 29, 2024

Web and Technology News

India to spend $320 million to promote homegrown payments network

India will spend nearly $320 million to promote cards on RuPay and for low-value UPI transactions, the latest in a series of moves by New Delhi to fuel the growth of its homegrown payments network. New Delhi approved a plan Wednesday to spend $318.4 million for the promotion of RuPay debit cards and low-value person-to-merchant […]

India to spend $320 million to promote homegrown payments network by Manish Singh originally published on TechCrunch

WhatsApp permitted to extend payments service to 100 million users in India

The National Payments Corporation of India, the payments body that oversees the widely popular UPI instrument, has given approval to WhatsApp to extend its payments service to 100 million users in the South Asian market, a person familiar with the matter said. WhatsApp was previously allowed to rollout WhatsApp Pay to 40 million users in […]