Credit Line on UPI: A New Opportunity for Issuer Banks

Home / Blogs  Table of contents What is Credit Line on UPI? Key Features Benefits for Banks Challenges for Banks Strategic Importance for Issuer Banks Conclusion Subscribe to newsletter Subscribe to receive the latest blog posts to your inbox every week. By subscribing you agree to with our Privacy Policy. The Unified Payments Interface (UPI) […]

The Future of Credit Card Transactions in India: Embracing the Contactless Revolution

Home / Blogs  Table of contents The Benefits of Contactless Payments The Future Outlook Conclusion Subscribe to newsletter Subscribe to receive the latest blog posts to your inbox every week. By subscribing you agree to with our Privacy Policy. As India advances in its digital transformation journey, the payments landscape is rapidly evolving. Over the […]

Revolutionising Credit Offerings Through Credit Line on UPI

UPI has emerged as India’s preferred payment method, constituting >75%* of the nation’s digital payment by volume. So far, UPI transactions were supported by various funding accounts like savings accounts, overdraft accounts, prepaid wallets, and Rupay Credit Cards. Now, a new addition has entered the UPI ecosystem.   Effective April 6th, 2023, the RBI has […]

Design Thinking in Credit Card Stack Development: Creating User-Centric Experiences

In today’s rapidly evolving financial landscape, where customer expectations are continually shifting, developing credit card stacks requires a strategic approach that places users at the center. Design thinking emerges as a powerful methodology for crafting credit card solutions that not only meet but exceed user expectations. Let’s explore how design thinking principles can be applied […]

Revolutionising Transit within India: Pure NCMC Cards for Effortless Mobility

In India, where millions rely on public transportation for their daily commute, the introduction of the Pure National Common Mobility Card (NCMC) is a game-changer. The Pure NCMC are PPIs for usage at Mass Transit Systems only. It aims to facilitate seamless travel across metros, trains, buses, auto-rickshaws, and cabs, while also serving as a […]

Secured Credit Cards – A Credit Score Builder Product

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Over the past few years, India’s credit card sector has experienced remarkable growth, boasting nearly 98 million active cards and transaction volume reaching 323 Million in December 2023. Projections suggest that this figure could grow to 190 million cards by 2027, driven by a burgeoning affluent class. Despite this impressive growth, a crucial question looms […]

Assisted Commerce – Accelerating the growth of Digital Payments in India

India’s e-commerce sector has grown significantly over the past few years and is expected to grow multifold in the coming years. The growth has been driven by increasing internet penetration, rising smartphone adoption, and the growing popularity of online shopping among consumers. The D2C and B2B segments have seen significant growth due to the increasing […]

Will the internet-free digital payments UPI Lite take off in India?

What is UPI Lite?   The National Payments Corporation of India (NPCI) is working on a new solution called UPI Lite that will allow small digital payments to be made without the need for an active internet connection. The RBI announced on January 5 that digital payments of up to ₹200 could be made without […]

3-D Secure 2.0 – Making transactions Simpler and Safer

Preventing fraud plays a significant role in the digital payments space. We must have encountered many frauds, both online and offline, during our lifetime.   Unfortunately, the search for effective methods to eradicate fraud never ends. Fraudsters will always find new methods to commit crimes. There are many tools available to end the same, the […]