Monday, April 15, 2024
Outlook India
Outlook Business

Digital Payments Digital Banking

The report observed that mature DPIs such as Aadhaar, UPI (Unified Payments Interface), and FASTag have witnessed exponential adoption by 2022.

Banks and fintechs are focusing on elevating customer experience by addressing inherent needs: comparing options, faster delivery, and hyper-personalized solutions. Three futuristic banking models explore these requirements.

BLS E-Services which offers business correspondence services to major banks proposes to utilise net proceeds from the fresh issue to strengthen its technology infrastructure, among others.

The Credit Registry empowers sellers to report invoice and payment data, enabling the compilation of a comprehensive B2B credit report for buyers

The company aims to extend its customised one-stop API suite to over 100,000 merchants and businesses, by the end of FY25

India is in talks with Namibia, Mozambique, and Kenya to help develop their own Unified Payment Interface (UPI)