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Asia Pacific Prepaid Card and Digital Wallet Business Report 2024: Chinese Digital Wallets are Entering into Strategic Collaborations, Unified Payments Interface (UPI) Continues to Lead - ResearchAndMarkets.com

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星期四, 五月 30, 2024

With over 100 KPIs at country level, this report provides comprehensive understanding of prepaid card and digital wallet card market dynamics.

Key Points:

With over 100 KPIs at country level, this report provides comprehensive understanding of prepaid card and digital wallet card market dynamics.
India is expected to lead the growth of the Asia Pacific prepaid card market over the medium term.
Overall, the publisher maintains a positive growth outlook for the Asia Pacific prepaid card market over the next three to four years.
To further tap into the growing digital payments and tourism market, Chinese firms are forging strategic alliances with businesses across the Asia Pacific region.

Yatra Online, Inc. Unveils Gen AI-powered Expense Management Solution for SMEs and Large Enterprises

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星期二, 五月 28, 2024

The comprehensive solution promises to streamline the entire expense management process, while offering a seamless integration of travel bookings and expense tracking.

Key Points:

The comprehensive solution promises to streamline the entire expense management process, while offering a seamless integration of travel bookings and expense tracking.
Yatra's Expense Management Solution stands out with its utilization of cutting-edge technologies including GenAI Large Language Models (LLMs) for receipt analysis.
Other key features of Yatra’s Expense Management Solution include:
Multi-level approval process tailored to meet specific company requirements, ensuring streamlined workflow management.
With 800+ corporates already poised to use this solution, Yatra's Expense Management Solution is set to become an indispensable tool for any business looking to manage expenses effectively.

India Prepaid Card and Digital Wallet Business Report 2024: A $134.59 Billion Market by 2028 - Unified Payments Interface (UPI) Continues to Lead Prepaid Growth - ResearchAndMarkets.com

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星期三, 五月 22, 2024

Prepaid card market (value terms) in India increased at a CAGR of 18.4% during 2019-2023.

Key Points:

Prepaid card market (value terms) in India increased at a CAGR of 18.4% during 2019-2023.
With over 100 KPIs at country level, this report provides comprehensive understanding of prepaid card and digital wallet card market dynamics.
Overall, the publisher maintains a positive growth outlook for the prepaid card industry in India over the next three to four years.
From the short to medium-term perspective, the publisher expects more digital wallets to diversify their offerings to aid revenue growth.

India Embedded Finance Business Databook 2024: A $34.32 Billion Market by 2029 - 75+ KPIs on Embedded Lending, Investment Opportunities, Insurance, Payment, and Wealth Segments - ResearchAndMarkets.com

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星期一, 五月 20, 2024

Embedded Finance industry in India is expected to grow by 43.1% on annual basis to reach US$ 6.90 billion in 2024.

Key Points:

Embedded Finance industry in India is expected to grow by 43.1% on annual basis to reach US$ 6.90 billion in 2024.
The embedded finance revenues in the country will increase from US$ 6.90 billion in 2024 to reach US$ 34.32 billion by 2029.
With over 75+ KPIs at the country level, this report provides a comprehensive understanding of embedded finance market dynamics, market size and forecast.
Get Sector Insights: Drawing from proprietary survey results, this report identifies opportunities across embedded lending, embedded insurance, embedded finance, and embedded wealth sectors.

Rome becomes the first European city to offer Open Loop Transit payments to UnionPay cardholders

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星期三, 五月 8, 2024

Mastercard, UPI, ATAC, Travel, Visa, Transport, American Express, Digital Solutions, Payment card

ROME, May 8, 2024 /PRNewswire/ -- Boarding public transport and pay the fare by simply tapping with a contactless payment card or mobile phone (to which the card is binded) on turnstiles or authorized readers: Rome is the first city in Europe to offer this contactless payment service to cardmembers from international schemes UnionPay.

Key Points:

"The partnerships again demonstrate how Nexi has the technology, scale, and expertise to operate successfully at a global level.
Mr. Yang Shengliang, Head of UnionPay International Europe Branch, remarked: "As a leading global payment network dedicated to enhancing the payment experience for travellers worldwide, UnionPay is thrilled to collaborate with Nexi in introducing Open Loop Transit in Rome.
This ground-breaking initiative not only simplifies travel experiences for UnionPay cardholders but also underscores our progress to fostering seamless, innovative payment solutions across Europe."
UnionPay International provides high quality, cost effective and secure cross-border payment services to the world's largest cardholder base and ensures convenient local services to a growing number of global UnionPay cardholders and merchants.

ICICI Bank enables NRI customers to use international mobile number to make UPI payments in India

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星期二, 五月 7, 2024

UPI, NRE, Ecosystem, NRI, NPCI, Digital, Bank, Process control block, ICICI Bank, ID, Online shopping

MUMBAI, India, May 7, 2024 /PRNewswire/ -- ICICI Bank today announced that it has enabled NRI customers to use their international mobile number to make UPI payments instantly in India, thereby significantly enhancing their convenience of making everyday payments.

Key Points:

MUMBAI, India, May 7, 2024 /PRNewswire/ -- ICICI Bank today announced that it has enabled NRI customers to use their international mobile number to make UPI payments instantly in India, thereby significantly enhancing their convenience of making everyday payments.
With this facility, the NRI customers of the Bank can make payments for their utility bills, merchant and e-commerce transactions with their international mobile number registered with their NRE / NRO bank account held with ICICI Bank in India.
NRI customers of the Bank can make UPI payments by scanning any Indian QR code, sending money to a UPI ID or any Indian mobile number or Indian bank account.
With this facility, our NRI customers residing in 10 countries do not need to switch to an Indian mobile number to pay using UPI.

YES BANK and EBANX Announce Strategic Partnership to Empower Cross-Border Commerce in India

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星期二, 五月 7, 2024

Knowledge, Pix, UPI, Ecosystem, BANK, Unified Payments Interface, Partnership, Environment, YES, Global Payments, Government, Online shopping

YES BANK and EBANX streamline cross-border transactions for global merchants, to offer compliant payment solutions tailored for the Indian market.

Key Points:

YES BANK and EBANX streamline cross-border transactions for global merchants, to offer compliant payment solutions tailored for the Indian market.
MUMBAI, India and CURITIBA, Brazil, May 7, 2024 /PRNewswire/ -- YES BANK, a leading private sector bank in India, and EBANX, a global fintech company specialized in payment solutions for emerging markets, announced today a strategic partnership for payment processing in India, for the global digital economy.
YES BANK views this partnership as a strategic step towards unlocking India's payment acceptance capabilities for global merchants.
Through innovative payment solutions and a customer-centric approach, YES BANK and EBANX are poised to lead the way in transforming cross-border commerce and driving economic growth in India and beyond.

ICICI Bank enables NRI customers to use international mobile number to make UPI payments in India

Retrieved on:

星期二, 五月 7, 2024

UPI, NRE, Ecosystem, NRI, NPCI, Digital, Bank, Process control block, ICICI Bank, ID, Online shopping

MUMBAI, India, May 7, 2024 /PRNewswire/ -- ICICI Bank today announced that it has enabled NRI customers to use their international mobile number to make UPI payments instantly in India, thereby significantly enhancing their convenience of making everyday payments.

Key Points:

MUMBAI, India, May 7, 2024 /PRNewswire/ -- ICICI Bank today announced that it has enabled NRI customers to use their international mobile number to make UPI payments instantly in India, thereby significantly enhancing their convenience of making everyday payments.
With this facility, the NRI customers of the Bank can make payments for their utility bills, merchant and e-commerce transactions with their international mobile number registered with their NRE / NRO bank account held with ICICI Bank in India.
NRI customers of the Bank can make UPI payments by scanning any Indian QR code, sending money to a UPI ID or any Indian mobile number or Indian bank account.
With this facility, our NRI customers residing in 10 countries do not need to switch to an Indian mobile number to pay using UPI.

NCPDP Foundation's Inaugural Pulido Award Honors Namesake's Legacy of Pharmacy Innovation

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星期一, 五月 6, 2024

SCOTTSDALE, Ariz., May 6, 2024 /PRNewswire-PRWeb/ -- A true changemaker for the pharmacy profession and an industry leader in vaccine intelligence were honored by the NCPDP Foundation this past Sunday at the President & CEO Leadership Appreciation Dinner, which takes place during NCPDP's Annual Technology & Business Conference.

Key Points:

Charles Pulido and STChealth, represented by Strategic Advisor Tom Groom, were honored with the first-ever NCPDP Foundation Charles Pulido, R.Ph.
The award honors the Foundation grant that most fully optimized the vision and purpose of the NCPDP Foundation during the prior year.
Excellence Award was given for the first time to its namesake, Charles Pulido, who is a co-founder of NCPDP, and to STChealth , who led efforts to operationalize NCPDP's National Facilitator Model .
Groom also shared a memory from an NCPDP black tie event where he met Pulido for the first time.

NPCI International Partners with Bank of Namibia for Deploying India’s UPI Stack in Namibia

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星期四, 五月 2, 2024

NPCI International Payments Limited (NIPL), the international arm of the National Payments Corporation of India (NPCI), has signed an agreement with the Bank of Namibia (BoN) to support them in developing an instant payment system like Unified Payment Interface (UPI) for Namibia.

Key Points:

NPCI International Payments Limited (NIPL), the international arm of the National Payments Corporation of India (NPCI), has signed an agreement with the Bank of Namibia (BoN) to support them in developing an instant payment system like Unified Payment Interface (UPI) for Namibia.
By leveraging technology and experiences from India’s UPI, the partnership seeks to help Namibia modernize its financial ecosystem.
We are excited about this partnership, which will enable Namibian citizens to transact instantly leveraging technology and experiences from India's UPI.
For more details about NPCI International, click here
View source version on businesswire.com: https://www.businesswire.com/news/home/20240502537903/en/