NPCI

TerraPay and NPCI International collaborate to drive seamless merchant payments via UPI-enabled QR codes

Retrieved on: 
Thursday, September 22, 2022
Safety, Object-oriented analysis and design, Unified Payments Interface, RTP, National Payments Corporation of India, UPI, Association, Knowledge, QR, NIPL, Norris Production Solutions, Partnership, Commerce, United Kingdom, Technology, Solution, Ecosystem, NPCI, Business development, International, Reye syndrome, Payment system, Bank, Online shopping

The partnership will further increase the use of UPI and QR for cross-border merchant payments.

Key Points: 
  • The partnership will further increase the use of UPI and QR for cross-border merchant payments.
  • Furthermore, since UPI payments & QR transactions are customer-initiated with a two-factor authentication it adds an element of non-repudiation and hence drastically reduces disputes and grievance redressal issues.
  • Unified Payments Interface is an instant real-time payments (RTP) system developed by National Payments Corporation of India.
  • NPCI International Payments Limited (NIPL) was incorporated on April 3, 2020, as a wholly-owned subsidiary of National Payments Corporation of India (NPCI).

TerraPay and NPCI International collaborate to drive seamless merchant payments via UPI-enabled QR codes

Retrieved on: 
Thursday, September 22, 2022
Safety, Object-oriented analysis and design, Unified Payments Interface, RTP, National Payments Corporation of India, UPI, Association, Knowledge, QR, NIPL, Norris Production Solutions, Partnership, Commerce, United Kingdom, Technology, Solution, Ecosystem, NPCI, Business development, International, Reye syndrome, Payment system, Bank, Online shopping

The partnership will further increase the use of UPI and QR for cross-border merchant payments.

Key Points: 
  • The partnership will further increase the use of UPI and QR for cross-border merchant payments.
  • Furthermore, since UPI payments & QR transactions are customer-initiated with a two-factor authentication it adds an element of non-repudiation and hence drastically reduces disputes and grievance redressal issues.
  • Unified Payments Interface is an instant real-time payments (RTP) system developed by National Payments Corporation of India.
  • NPCI International Payments Limited (NIPL) was incorporated on April 3, 2020, as a wholly-owned subsidiary of National Payments Corporation of India (NPCI).

India Prepaid Card and Digital Wallet Market Analysis/Opportunity Report 2022: Market to Reach $105.43 Billion by 2026 from $35.69 Billion in 2022, Growing at a CAGR of 31.1%

Retrieved on: 
Wednesday, September 7, 2022
Spend, Science and technology in Asia, Food, Paytm Payments Bank, Axis Bank, NPCI, Paytm, National Payments Corporation of India, ICICI, MSME, MSME-Champions, Visa, CAGR, Growth, Cryptocurrency, Online shopping, Bank, Health insurance, MobiKwik

The prepaid card market (value terms) in India increased at a CAGR of 19.9% during 2017-2021.

Key Points: 
  • The prepaid card market (value terms) in India increased at a CAGR of 19.9% during 2017-2021.
  • Over the forecast period of 2022 to 2026, the market is expected to record a CAGR of 31.1%, increasing from US$35.69 billion in 2022 to reach US$105.43 billion by 2026.
  • This report provides a detailed data centric analysis of prepaid payment instruments, covering spend through prepaid cards and digital wallets across retail and corporate consumer segments.
  • With over 100 KPIs at country level, this report provides comprehensive understanding of prepaid card and digital wallet card market dynamics.

BoB Financial and Snapdeal Launch Co-Branded JCB RuPay Contactless Credit Card

Retrieved on: 
Friday, September 2, 2022
COO, Partnership, JCB Co., Ltd., JCB, Technology, CEO, NPCI, City, RuPay, Credit card, ATM, BOB, EMI, INR, National Payments Corporation of India, B.o.B, Bank of Baroda, MD, Company, Bharat, Bank, Acquisition, Adoption, Travel, Online shopping, Snapdeal

MUMBAI, INDIA, Sept 2, 2022 - (ACN Newswire) - BOB Financial Solutions Limited (BFSL), the wholly-owned subsidiary of Bank of Baroda (BoB) and Snapdeal in partnership with National Payments Corporation of India (NPCI) and JCB International Co. Ltd. have announced the launch of the Snapdeal BoB JCB RuPay Credit Card.

Key Points: 
  • MUMBAI, INDIA, Sept 2, 2022 - (ACN Newswire) - BOB Financial Solutions Limited (BFSL), the wholly-owned subsidiary of Bank of Baroda (BoB) and Snapdeal in partnership with National Payments Corporation of India (NPCI) and JCB International Co. Ltd. have announced the launch of the Snapdeal BoB JCB RuPay Credit Card.
  • Activation of the co-branded credit card within 30 days of issuance will entitle the cardholder to shopping benefits on Snapdeal worth up to INR 500.
  • Ms. Praveena Rai, COO, NPCI said, "We are happy to associate with BOB Financial and Snapdeal for the launch of the distinctive co-branded JCB RuPay Contactless Credit Card.
  • A pioneer in the space of credit cards, BOB Financial offers an array of products catering to all segments of customers.

14th Edition of BFSI IT Summit: India (Mumbai)

Retrieved on: 
Monday, August 1, 2022
BFSI, CIO, Rural development, Friends, Solution, Risk, NABARD, Digital transformation, Organization, Fintech Valley Vizag, FORM, NPCI, NSDL, Automation, Public relations

The event will be elated with insightful sessions by the qualified speakers hosting a vast experience in the Digital Transformation domain.

Key Points: 
  • The event will be elated with insightful sessions by the qualified speakers hosting a vast experience in the Digital Transformation domain.
  • An exclusive one-day closed door conference hosting 150+ pre-qualified C Level IT Decision Makers, Influencers from India's banking and financial institutions, IT leaders from various enterprises in India.
  • Hyperlink India FORM
    - The delegates will be exposed to In-depth, trend-forward sessions & workshops - each tons of practical takeaways and ideas to keep you ahead in the digital economy.
  • - The sponsors will be able to create an overwhelming branding in the event along with meeting their prospects and displaying the products.

India Cards and Payments Markets, Opportunities and Risks Report 2022-2025 - ResearchAndMarkets.com

Retrieved on: 
Wednesday, April 13, 2022
Professional Services, Finance, YES, Government, Punishment, Adoption, Payment, Mastercard, RuPay, POS, Research, BANK, Traction, Diners Club International, RBI, RBL Bank, National Payments Corporation of India, Internet, Visa, UPI, Industry, NPCI, American Express, Bank, Payment card

The "India Cards and Payments - Opportunities and Risks to 2025" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "India Cards and Payments - Opportunities and Risks to 2025" report has been added to ResearchAndMarkets.com's offering.
  • The report provides detailed analysis of market trends in the Indian cards and payments industry.
  • These moves will boost payments via UPI and RuPay debit cards
    Rising adoption of contactless cards is set to boost card payments in India.
  • Meanwhile, in December 2020, National Payments Corporation of India (NPCI) - a division of RBI that operates RuPay - launched a new feature for RuPay cards.

SBI Card launches RuPay JCB Credit Cards through partnership with Yatra

Retrieved on: 
Tuesday, March 22, 2022
RuPay, COO, JCB, Association, NPCI, Yatra (company), Travel, National Payments Corporation of India, SBI Card, INR, Online shopping

TOKYO & MUMBAI, Mar 22, 2022 - (ACN Newswire) - JCB International Co., Ltd. in association with National Payments Corporation of India, SBI Card and Yatra.com announced the launch of a unique co-branded "RuPay JCB Yatra SBI Card Contactless Credit Card".

Key Points: 
  • TOKYO & MUMBAI, Mar 22, 2022 - (ACN Newswire) - JCB International Co., Ltd. in association with National Payments Corporation of India, SBI Card and Yatra.com announced the launch of a unique co-branded "RuPay JCB Yatra SBI Card Contactless Credit Card".
  • As a welcome onboarding gift, users of this card are entitled to Yatra.com vouchers worth INR 8250.
  • Mr. Yoshiki Kaneko, President and COO, JCB International Co., Ltd. said, "We are delighted to be associated with SBI Card, one of the largest credit card issuers in India, and Yatra.com, as they come together to create a path breaking offering in the travel-featured co-brand credit card segment.
  • JCB is a major global payment brand and a leading credit card issuer and acquirer in Japan.

India Credit Card Market Report 2022 Featuring State Bank of India, HDFC Bank, ICICI Bank Limited, Kotak Mahindra Bank, American Express and City Bank - ResearchAndMarkets.com

Retrieved on: 
Monday, March 14, 2022
Banking, Professional Services, Finance, Time, Safety, NPCI, American Express, HDFC Bank, National Payments Corporation of India, State Bank of India, INR, State bank, FY, City Bank, CAGR, Travel, Bank, Financial services

The "Credit Card Market in India 2022" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Credit Card Market in India 2022" report has been added to ResearchAndMarkets.com's offering.
  • The volume of credit card transactions is projected to expand at a CAGR of ~26.43% during the forecast period.
  • In FY 2021, a significant increase in the value of credit card transactions was witnessed.
  • Commercial banks in India such as State Bank of India, HDFC Bank Limited, and ICICI Bank Limited, and Kotak Mahindra Bank Limited, as well as international firms such as American Express and City Bank are the major players in the market.

India Payment Gateway Market is Projected to Reach a CAGR of 15% by 2026 - ResearchAndMarkets.com

Retrieved on: 
Monday, March 14, 2022
Retail, Online Retail, Banking, Professional Services, Government of India, Internet, Industry, Government, Snack, NPCI, Flipkart, Exercise, FDI, USD, India Brand Equity Foundation, Vegetable, Digital India, National Payments Corporation of India, UPI, MDR, Unified Payments Interface, Reliance Industries, TRAI, RBI, INR, Adoption, PhonePe, Coronavirus, City, RuPay, COVID-19, Merchant, CAGR, Program, Income, Awareness, Google, Drink, JioMart, Cryptocurrency, Online shopping, Bank, Growth

The "India Payment Gateway Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "India Payment Gateway Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)" report has been added to ResearchAndMarkets.com's offering.
  • The Indian payment gateway market is expected to register a CAGR of 15% during the forecast period (2021 to 2026).
  • This rapid adoption of the online method of payment is fueling the payment gateway market growth in India.
  • The payment gateway market in India is boosted by an increase in digital payment trends in India.

Asia Pacific Prepaid Card and Digital Wallet Markets and Investment Opportunities Report 2022: Market is Expected to Grow by 12% CAGR, Increasing from $598.83 Bn in 2022 to $940.98 Bn by 2026 - ResearchAndMarkets.com

Retrieved on: 
Monday, March 7, 2022
Other Consumer, Technology, Finance, Professional Services, Software, Consumer, Retail, Data Management, Online Retail, Spend, People, Bitcoin, Google, IOS, Adoption, Investment, PBOC, Apple, Holding, Asia-Pacific, Aeon, Growth, National Payments Corporation of India, People's Bank of China, Hold Tight (Justin Bieber song), IPhone, Bank, Axis Bank, CAGR, NPCI, Partnership, Apple Watch, Nanaco, Mastercard, WAON, Online shopping, Cryptocurrency, Payment card, Mobile phone, MobiKwik, Wallet

The "Asia Pacific Prepaid Card and Digital Wallet Business and Investment Opportunities Databook - Market Size and Forecast, Consumer Attitude & Behaviour, Retail Spend" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Asia Pacific Prepaid Card and Digital Wallet Business and Investment Opportunities Databook - Market Size and Forecast, Consumer Attitude & Behaviour, Retail Spend" report has been added to ResearchAndMarkets.com's offering.
  • Asia Pacific prepaid card market (value terms) in increased at a CAGR of 9.8% during 2017-2021.
  • Over the forecast period of 2022 to 2026, the market is expected to record a CAGR of 12.0%, increasing from US$598.83 billion in 2022 to reach US$940.98 billion by 2026.
  • Fintech companies in emerging markets attracted significant investments to expand their product portfolios and foray into new markets.