Revolut Targets 20M Users by 2030 as It Enters Indian Market With Payment and Forex Products
Revolut expands into India with ambitious growth plans, ready to invest over $670 million in this prospective market over five years.
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India Launches AI-Powered UPI Commerce Payments on ChatGPT, Expanding Agentic Payments to Leading AI Platforms
With a new multilateral pilot AI payment project, ChatGPT users in India are now able to discover products and complete purchases using India’s Unified Payments Interface (UPI) directly within the ChatGPT experience. Gemini and Claude are next in line for agentic payment testing.
dLocal and XanderPay Join Efforts to Streamline Cross-Border Payments for Hospitality Sectors Across Africa, Asia, and Latin America
As partners, dLocal and XanderPay aim to facilitate cross-border payments for hotels and online travel agencies (OTAs) in various markets of Africa, Asia, and Latin America.
Global Payments Revenue to Reach $2.4T by 2029
Although annual revenue growth is expected to slow from 8.8% to 4.0% within the next five years, global payments revenue is still forecast to increase to $2.4 trillion by 2029, as agentic AI, digital currencies, and fintech business models boost the growth.
Bridging the Instant Payment Divide: How FedNow Could Emulate UPI and Pix
While FedNow is a rapidly expanding instant payment network in the U.S., we cannot help but wonder how this growth compares to the real-time transactions behemoths like Indian UPI and Brazilian Pix.
India’s PayNearby Targets IPO in 2026 to Fuel Financial Inclusion Services Growth
PayNearby, built on a network of 1.2M neighborhood retailers driving financial inclusion, is gearing up for a 2026 IPO as India’s fintech market reaches new heights.
Thunes & Ontop Enable Instant Global Payouts for Freelancers and Remote Teams
Freelancers and employees working in remote settings will benefit from the new real-time payment infrastructure brought by Thunes and Ontop.
Processing Power of Global Payment Networks
As India’s UPI has surpassed the industry giant, Visa, with over 650 million daily transactions, we prepared a brief illustration of the global payment networks’ processing volumes and values. Can real-time payments beat the cards?
Visa Dethroned: UPI Becomes World’s Most Used Payment System
India’s UPI has gone from a domestic game-changer to the world’s leading real-time payment system in less than a decade of its existence, surpassing the industry giant – Visa – with over 650 million daily transactions.
From Cards to Direct Transfers: The A2A Payment Transformation in Europe and Beyond
The global payment landscape is rapidly changing driven by a seismic shift in popular transaction methods. A closer look at payment statistics reveals that account-to-account (A2A) transfers are ascending in importance. Its growing dominance among other payment types is especially evident in the European market.
Amazon Reportedly Invests $41 Million in Amazon Pay India
The media published information according to which Amazon invested Rs 350 crore (about $41 billion) in Amazon Pay India.
Apple Reportedly to Source All US-Bound iPhones From India
The media published information according to which Apple accelerated the implementation of its plan to source all iPhones to the United States from India, which is a kind of response from the technology giant to the new US tariffs.
Western Union & HCL Technologies to Revolutionise Remittance With AI-Driven Tools
Money transfer leader Western Union has united efforts with Indian multinational IT company HCL Technologies (HCLTech), reversing the trend of remittance players using little to no AI.
Lam Research to Invest Over $1 Billion in India
United States-based chip toolmaker company Lam Research said it will invest more than 100 billion rupees ($1.2 billion) in the southern Indian state of Karnataka in the next few years.
Cashfree Payments Secures $53M to Boost Market Reach
The Indian fintech startup Cashfree Payments has raised $53 million in a Series C funding round to accelerate the market growth of its innovative payment solutions across multiple digital sectors.
Indian Crypto Holders Face Penalty on Undisclosed Gains
In India, cryptocurrency traders may face significant tax penalties due to previously undisclosed profits under new amendments to the tax legislation of this South Asian country.
