NPCI International Payments Ltd (NIPL), the international arm of NPCI, has entered the UAE market by partnering with NeoPay, the payment subsidiary of Mashreq Bank. BHIM UPI service has been made live on NeoPay terminals.
The Reserve Bank on Thursday asked Urban Cooperative Banks (UCBs) not to create any honorary position or title such as Chairman Emeritus and Group Chairman at the board level as it results in the creation of a shadow authority.
PhonePe, a digital payments platform, has joined hands with an internet exchange point, Extreme IX to enable a faster digital payments experience for 370 million PhonePe users.
NPCI International Payments Ltd (NIPL), the International arm of the National Payment Corporation of India has announced that BHIM UPI is now live at NEOPAY terminals across the UAE.