• The Reserve Bank of India (RBI) published the half-yearly Payment System Report, December 2025 on May 18. • The report analyses the trends in payment transactions carried out using various payment ...

MUMBAI, Sept 24 (Reuters) - India is in talks with countries in Africa and South America to help them build a digital payments system using its homegrown Unified Payments Interface (UPI) as a ...

India and South Korea have signed a Memorandum of Understanding to link their electronic payment systems, allowing citizens of both countries to use their local QR code systems when visiting each ...

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President Droupadi Murmu has assented to significant amendments aimed at fostering foreign investment and modernizing payment ...

Pre-Independence to Early Post-Independence Era: Payment systems in India were primarily cash-based, with transactions conducted through physical currency notes and coins. The banking infrastructure ...

NEW DELHI, Feb 2 (Reuters) - India is in talks with China-related Ant International to allow digital payments platform Alipay+ to be linked to India's leading instant payments system for cross-border ...