UPI gets new features: Tap-to-pay, unified window for transaction details
New UPI features enable tap-to-pay at PoS terminals and a unified transaction view, while Bharat Connect adds multicurrency capabilities for forex transactions
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Ajinkya Kawale
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WhatsApp deepens fintech play with launch of bill payments in India
The Bharat Connect-powered feature gives users access to 22,722 billers across 30 categories and supports payments through UPI, credit cards and debit cards
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Sachin Bansal-led Navi raises $100 mn from Prosus in maiden funding round
The transaction is subject to regulatory approvals, including a CCI nod, and comes as the Bengaluru-based fintech prepares for a potential initial public offering
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Razorpay builds proprietary AI model Vulcan to boost payment success rates
Trained across four billion transactions and 3 trillion data points, Vulcan aims to improve payment success rates, detect fraud and personalise the checkout experience.
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Three in four spacetech startups yet to raise equity capital: Tracxn data
Overall annual funding grew fivefold over four years, rising from $43 million across 12 rounds in 2021 to $200 million across 53 rounds in 2025
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WhatsApp Pay doubles UPI volumes, moves ahead of Cred, Amazon Pay
Meta's payments service processed 167.89 million UPI transactions worth Rs 12,957.07 crore in July, making it the eighth-largest UPI app by volume
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Kiwi broadens UPI credit play with Yes Bank partnership, Postpaid launch
The fintech expects at least 0.5 million users to join its platform to access products such as credit lines on UPI or credit cards on UPI over the next five years.
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Sustained investment needed to run UPI reliably: Payments Council of India
The industry body said consumers and small merchants would remain protected from charges, while any merchant service fees would be commercial arrangements with payment providers
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