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1 min read

France to UAE: List of countries which are adopting India’s UPI

France to UAE: list of countries which are adopting India’s UPI

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3 mins read

Sanctions-hit Russia is rushing to set up payment systems, including crypto, to make trading easier

Russia is facing so many issues with its international trade payments that it's shifting its previo…

Huileng Tan   


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2 mins read

China's trade with Russia is getting so difficult that payments can take half a year and most bank transfers are returned

Chinese banks are tightening compliance checks, fearing repercussions from Western sanctions.

Huileng Tan   


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UPI transactions worth ₹18.2 lakh crore made in February 2024

Payments through digital means in India are hitting fresh highs, as its citizens are increasingly a…

ANI   


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2 mins read

You will soon be able to use UPI in France in addition to UAE, Singapore

As part of the MoU, Lyra Networks will allow Indians to pay using UPI and Rupay cards at termi…

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1 min read

Russian gold floods into Hong Kong after UAE cracks down on illicit activity

Russian gold shipments to Hong Kong have soared to 68 tons so far this year, four times the amount …

Aruni Soni   


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3 mins read

World Bank praises India's digital infrastructure for its transformative potential

"The India stack exemplifies this approach, combining digital ID, interoperable payments, a dig…

PTI   


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India's central bank urges lenders to de-dollarize trade with the UAE using local currencies

The Reserve Bank of India is pushing for non-dollar trade with the United Arab Emirates, sources to…

Filip De Mott   


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India's government is getting more uncomfortable buying Russian oil with Chinese yuan, putting payments in limbo

Although Russian firms are continuing to deliver crude supply, seven cargoes have yet to be paid fo…

Filip De Mott   


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4 mins read

Now, tourists from G20 countries will get to use UPI instead of cash in India

RBI announced that inbound travellers to India from G20 countries will be able to use UPI for merch…

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India just ditched the dollar and used its own currency to buy a million barrels of oil from the UAE

India and the United Arab Emirates have moved to settle bilateral trade without the buck, marking t…

Phil Rosen   


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India, UAE in talks for rupee-dirham denominated bilateral trade

India and UAE are in talks for a Rupee-Dirham-denominated bilateral trade.

ANI   


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1 min read

KreditBee, Cashfree Payments offer option to convert online purchases into EMIs

KreditBee, Cashfree Payments offer option to convert online purchases into EMIs

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2 mins read

Top Indian refiners are using the UAE's currency instead of the US dollar to buy Russian crude, report says

"If you are asking me officially am I in the know of these payment channels, no, I'm not," India's …

Brian Evans   


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Russia distances itself from the US dollar further as it moves to trade oil with India using the UAE's local currency: report

Russia is insulating itself from Western sanctions as it trades oil in currencies other than the do…

Phil Rosen