🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥
✕
Login
Home
News
Messages
Startup Showcase
Trackers
Premium
Premium Content
Jobs
Notifications
Settings
Try our Valuation Calculator →
Log In
News on Medial
India To Link UPI To Ghana’s Interbank System In Next Six Months
Inc42
·
1y ago
Medial
The National Payments Corporation of India (NPCI) has announced plans to implement the Unified Payments Interface (UPI) system in Ghana within the next six months. The move is part of a joint effort between India and Ghana to enhance bilateral trade, with a focus on digital economy and infrastructure. NPCI's international arm, NPCI International Payments Limited (NIPL), recently signed an agreement with the Bank of Namibia to develop a similar digital payments system for the African country. UPI continues to gain momentum, with India accounting for 46% of global digital transactions in April.
View Source
Related News
India in talks with south american & african nations to introduce UPI
Inc42
·
1y ago
Medial
The Indian government is in discussions with multiple South American and African countries to introduce the Unified Payments Interface (UPI) and RuPay cards. Officials from the Reserve Bank of India (RBI) and National Payments Corporation of India (NPCI) are engaging with counterparts, embassies, and high commissions in these nations. The talks aim to internationalize UPI, following NPCI International CEO Ritesh Shukla's statement that UPI will expand to double the number of countries it operates in over the next 12-18 months. India is also exploring UPI expansion with countries like Namibia, Mozambique, and Kenya.
View Source
RBI Expects UPI Transactions To Soon Hit 1 Bn
Inc42
·
9m ago
Medial
RBI governor Shaktikanta Das expects Unified Payments Interface (UPI) transactions to reach one billion in the upcoming months, doubling the current volume of 500 million transactions per day. Das highlighted the efficiency UPI has brought to the payments system during his speech at a banking seminar in Washington, DC.
View Source
Jupiter enables RuPay credit card payments through UPI
Economic Times
·
1y ago
Medial
Indian fintech company, Jupiter, has enabled customers to link their RuPay credit cards to the Unified Payments Interface (UPI) through its app. Customers can now make UPI payments using features like scan-and-pay. Jupiter is also offering multiple UPI payment methods, including peer-to-peer transactions. The company believes that this move will increase the adoption of RuPay credit cards in India, as UPI is the country's most preferred payment method. In September, the Jupiter app settled over 4 million UPI transactions, worth more than Rs 529 crore.
View Source
UAE mein UPI karo: PM Modi launches UPI, Rupay services in Abu Dhabi
IndianStartupNews
·
1y ago
Medial
Prime Minister Narendra Modi launched UPI (Unified Payments Interface) and RuPay services in Abu Dhabi, enabling easy money transfers between India and the UAE. This move is part of India's plan to extend its UPI payment system globally, following its successful adoption within the country. The UPI system has been widely used in India, especially during the COVID-19 pandemic. Various countries, including Sri Lanka, Mauritius, Bhutan, France, UAE, Oman, Singapore, and potentially Nepal, have already adopted or are planning to adopt UPI payments.
View Source
China's Huawei aims 100,000 apps on Harmony OS in few months
Economic Times
·
8m ago
Medial
Huawei aims to reach 100,000 applications for its Harmony operating system in the next six to 12 months as it seeks self-reliance amid US blacklisting. While the tech giant has over 15,000 Harmony-based apps that meet basic needs, it aims to develop a more diverse ecosystem. The push for more apps underscores the urgency for China to develop homegrown technologies as tensions with the US remain high. Huawei launched Harmony OS in response to US sanctions cutting off support for Google's Android, and it hopes government agencies, state companies, and consumers will adopt its operating system.
View Source
Nvidia's Huang asked SK Hynix to bring forward supply of HBM4 chips by 6 months
Economic Times
·
9m ago
Medial
Nvidia CEO Jensen Huang requested SK Hynix to accelerate the delivery of its next-generation high-bandwidth memory chips (HBM4) by six months. SK Hynix had previously planned to ship these chips to customers in the second half of next year.
View Source
Lendingkart raises Rs 200 crore in debt financing, to clock disbursals of Rs 6,000 crore in FY24
Money Control
·
2y ago
Medial
Cofounder Harshvardhan Lunia said the firm is looking to raise another Rs 600 crore in equity to expand and grow its business and will be launching its credit on UPI product in the next three to four months
View Source
RBI directs NPCI to examine Paytm's request for being third-party app for UPI
Livemint
·
1y ago
Medial
The Reserve Bank of India (RBI) has asked the National Payments Corporation of India (NPCI) to evaluate Paytm's request to become a third-party application provider for unified payments interface (UPI) payments. The RBI has also prohibited Paytm Payments Bank from receiving further credits after March 15, 2024. If approved, Paytm will require the support of several banks to continue processing UPI payments. The directive aims to ensure seamless digital payments for UPI customers using the Paytm app and minimize concentration risk in the UPI system. Paytm is the third largest app for UPI payments in India.
View Source
Around 12,500 MW BESS projects under tendering
Economic Times
·
1m ago
Medial
Around 12,500 MW of Battery Energy Storage System (BESS) projects are currently in the tendering stage, with a pipeline of 3,300 MW, according to Ghanshyam Prasad, Chairperson of the Central Electricity Authority. The current BESS capacity in India is 205 MW, and the government aims to expand hydro pumped storage project capacity from 5 GW to 50 GW within the next six years. This development was discussed during the India Energy Storage Week event.
View Source
20 UPI Rupay credit cards to earn cashback, rewards, airport lounge access from everyday payments - The Economic Times
Economic Times
·
1m ago
Medial
Several banks offer UPI RuPay credit cards that combine the convenience of UPI payments with credit card rewards. These cards provide benefits like cashback, reward points, and airport lounge access. Users can link these cards to UPI apps easily. The article details various options, such as Axis Fibe and IndusInd Platinum, highlighting different reward structures and fees. UPI RuPay credit cards enhance everyday transactions by earning users rewards for using UPI payments.
View Source
Trackers
Active Indian VC’s
OG Capital
Email
With a hands-on approach, OG Capital aims to invest in over 20 promising...
Accel Partners
Email
Early and growth-stage investments in disruptive technology companies with...
Blume
Email
Early-stage venture capital firm investing in technology startups in India. Focus on...
Access All Trackers
Startup Showcase Winners
June 2025
Buddy
Helping your parents when you are miles away
BiteStop
The Pit Stop Your Cravings Deserve
Bloomer
The next generation E-commerce platform
Enter Ongoing Startup Showcase
Top Users
Trending News on Medial
Download the medial app to read full posts, comements and news.
Go to Medial App
Not Now
Know everything that’s happening in the startup ecosystem, first.
Enable Notifications?
No, thanks
Count me in
/indianstartupnews/media/agency_attachments/s1FnhAYONODoxNkoC8xA.png)
