Why NPCI did not invite Google, PhonePe and Paytm for its meeting on UPI

2024-04-20 12:13 AM by Alex Mitchell

The National Payments Corporation of India (NPCI), the government-owned body that governs the Unified Payments Interface (UPI), reportedly held a meeting to discuss ways to empower new players in the UPI ecosystem. According to a report in Economic Times, several new third-party payments apps on UPI are being nudged by NPCI to invest and incentivise …

India scrambles to curb PhonePe and Google’s dominance in mobile payments

2024-04-17 02:01 AM by Alex Mitchell

Image Credits: Nasir Kachroo / NurPhoto / Getty Images The National Payments Corporation of India (NPCI), the governing body overseeing the country’s widely used Unified Payments Interface (UPI) mobile payment system, is set to engage with various fintech startups this month to develop a strategy to address the growing market dominance of PhonePe and Google …