Supreme Court Directs RBI to Standardise Mule Account Response Amid Rising Cyber Fraud

India has built one of the world’s most advanced digital payment ecosystems in less than a decade. Unified Payments Interface (UPI) now processes over 20 billion transactions every month, making India the global leader in real-time retail payments. The speed, scale and accessibility of digital payments have transformed financial inclusion, commerce and customer experience, establishing…

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ESAF Small Finance Bank Partners with Getepay to Deploy Vega, a Next-Gen Payment Switch

In a move that reinforces India’s digital payments revolution, ESAF Small Finance Bank (ESAF Bank) has partnered with Getepay to deploy Vega, the fintech firm’s next-generation payment switch. The collaboration aims to elevate transaction speed, scalability and security across ESAF’s digital infrastructure, marking a new chapter in inclusive and technology-driven banking. Developed by Getepay, Vega…

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PayGlocal enables Indian merchants to accept Apple Pay for global payments

PayGlocal, an Indian cross-border payments company, has added Apple Pay to its international checkout, allowing Indian merchants to accept payments from customers around the world. The integration provides businesses with a widely recognised and trusted payment option, addressing a common challenge in cross-border commerce: offering payment methods familiar to international buyers. This addition helps reduce checkout drop-offs,…

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