Mastercard has complained to the US government about the behaviour of Indian prime minister Narendra Modi, claiming that he is using nationalism to push the country's domestic payments network, hurting foreign rivals, according to Reuters.
National Payments Corporation of India (NPCI) and JCB International Co. Ltd. (JCBI), the international operations subsidiary of JCB Co. Ltd, operationalised acceptance of JCB payment cards at ATMs and POS terminals in India.
India's Unified Payments Interface (UPI) is going live for customers of 21 banks, paving the way for a P2P payments revolution in the country.
The National Payments Corporation of India (NPCI) has pressed the button on a new Unified Payments Interface (UPI) to help facilitate the country's push to electronic money.
India's Icici Bank is hosting a virtual mobile app challenge, inviting developers to tap a set of over 50 APIs to build tools for the chance to win cash prizes.
NCR Corporation (NYSE: NCR) and National Payments Corporation of India (NPCI) announced today the successful completion of the landmark Cheque Truncation System (CTS) project in India.
National Payments Corporation of India (NPCI), the umbrella organisation of all retail payment systems in the country, has appointed advanced secure-chip testing provider Fime to deliver its RuPay certification programme.
Morpho (Safran) today announced that its Indian subsidiary Syscom has been certified as the first and to date only payment card manufacturer in India for the manufacturing and personalization of chip cards for RuPay, the Indian payment card network by National Payments Corporation of India (NPCI).
RuPay, the Indian bank-backed debit card scheme, has been enabled for e-commerce transactions over the Internet, extending its challenge to Visa, MasterCard and American Express.
M. Balakrishnan, COO of the National Payments Corp of India updates Finextra about mobile payments innovation and the rollout of RuPay in the sub-continent.
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