Payment Aggregator and Payment Gateway difference and compliance
Inside This Article Introduction Around the world, the COVID-19 pandemic has profoundly affected people’s comfort levels with digital technology. The ‘new normal’ of payment reached 70 billion transactions in 2022, which was 44 billion in 2021. This has created opportunities for new entrepreneurs and small businesses. And finding the right method of the payment transaction […]
NRIs (Non-resident Indians) will be able to use UPI for processing payments
Inside This Article NRIs (Non-resident Indians) will now be able to use UPI for processing payments. NPCI (National Payments Corporation of India) says that NRIs living in ten countries can now set up UPI on their international mobile numbers. According to the new guidelines, they will now be able to use international mobile numbers for […]
UPI, how it changed and will be impacting the Fintech industry in 2023
Inside This Article Introduction The Unified payment interface or UPI transactions, as we know, the elevated convenience served by UPI systems is one biggest reason it’s exceeding other payment methods. Proof: A report by CLSA verified that UPI corporates to 60% of entire payments — and digital payments have increased from $61bn in 2016 to […]
