Bengaluru: Cashfree Payments is looking to expand its cross-border payments offering aggressively, thanks to a fresh injection of $53 million in its latest funding round. Krafton, the South Korean media giant, led the round alongside existing investor Apis Growth Fund II. That brings the payments firm’s valuation to $700 million, according to a person familiar … Read more
The National Payments Corporation of India (NPCI) issued a new notification earlier this month announcing new compliance guidelines. The new rules are aimed at all the members of the Unified Payments Interface (UPI), and state that any transaction identifier (ID) that contains special characters will be declined starting February 1. The notification is aimed at … Read more
This is big news for those who make UPI payments through Google Pay, PhonePe, Paytm. NPCI will make two important changes to UPI Lite from November 1, 2024, which will benefit users. From November 1, users will be able to make more payments through UPI Lite than before. RBI increases transaction limits for UPI Lite. … Read more