Global

OpenAI Partners With India’s Payment Authority to Bring UPI to ChatGPT

The American Bazaar

“India’s payment authority National Payments Corporation of India (NPCI) and fintech firm Razorpay have collaborated with OpenAI to launch AI-driven payments on ChatGPT. This initiative, which is in its pilot state, will enable people to make payments on ChatGPT via India’s homegrown payments network Unified Payments Interface (UPI).”

Tags: India

Global

PhonePe PG, RuPay, and JioHotstar Collaborate to Simplify Subscription Payments with UPI AutoPay

Your Story

“At the Global Fintech Fest 2025, PhonePe Payment Gateway (PhonePe PG) unveiled its Subscription IQ, powered by UPI AutoPay on RuPay Credit Cards, in collaboration with JioHotstar. This initiative allows customers to set up UPI AutoPay mandates via RuPay Credit Cards, providing a seamless and reliable way to manage recurring subscription payments.”

Tags: India

Global

India Rolls Out Pilot for E-commerce Payments via ChatGPT

Reuters

“India’s payments authority National Payments Corporation of India (NPCI) and fintech firm Razorpay have collaborated with Microsoft-backed OpenAI to launch AI-driven payments on ChatGPT. The initiative, currently in the pilot stage, will allow users to make purchases on ChatGPT, facilitated by India’s homegrown payments network Unified Payments Interface (UPI).”

Tags: India

Industry

From PhonePe To Navi: Here’re The New Launches By Fintech Startups At Global Fintech Festival 2025

Inc42 Media

“Amazon’s digital payment arm Amazon Pay has launched UPI Circle, allowing primary users to manage payments on behalf of family members and trusted contacts; BharatPe launched BharatPeX, its new payment aggregators and payment gateways (PAPG) online brand to help businesses accept and send money more conveniently across medium; Global fintech firm Revolut officially announced its […]

Global

NPCI Piloting Agentic AI-Based Payments With UPI

Inc42 Media

“The National Payments Corporation of India is piloting an agentic AI framework for UPI, marking the next phase of what it calls “intelligent commerce”. The payments body showcased a live demo of the offering at the Global Fintech Fest 2025 today. The on-stage presentation featured Gemini, BigBasket, Google Pay, and Razorpay as partners. It opened […]

Tags: India

Companies

Walmart-Backed Fintech OnePay Is Bringing Crypto to Its Banking App, Sources Say

CNBC

“OnePay, the fintech firm majority-owned by Walmart will soon offer cryptocurrency trading and custody on its mobile app, CNBC has learned. OnePay will offer customers access to bitcoin and ether later this year with help from the startup Zerohash, according to people with knowledge of the matter who declined to be identified before an official announcement.   […]

Tags: Walmart

Industry

The Future of Payroll: How Stablecoins Are Reshaping Startup Fintech

OneSafe

“Stablecoins are making waves in the digital financial world, and it looks like they’re here to stay. Especially for fintech startups in Asia, these currencies are becoming crucial as they navigate a maze of regulations. These rules can be a double-edged sword. They can inflate compliance costs and create barriers for startups. And then there’s […]

Global

EBANX Enables Pix Recurring Payments for Hotmart, Leading to a 32-Point Retention Increase

PR Newswire

“Hotmart, a global technology company and leader in digital business in the Creator Economy, announced strong performance results following the adoption of Pix Automático, Brazil’s new recurring feature within the real-time payment system Pix. Integrated through EBANX, a global fintech specializing in payments for emerging markets, Pix Automático has been live on the Hotmart platform since June 16, the first day […]

Tags: Brazil

Global

NPCI Eyes EMI Payments on UPI in Fresh Credit Play Push

The Economic Times

“NPCI is focusing on expanding credit offerings on UPI, aiming to allow users to convert QR code payments into EMIs (monthly installment). This move follows the success of RuPay credit cards and credit lines on UPI, with fintech firms expected to soon enable EMI options during UPI transactions.”

Tags: India

Companies

IPO-Bound PhonePe Gets Final Nod To Operate As Payment Aggregator

Inc42 Media

“Walmart-owned fintech PhonePe has received the final authorisation from the Reserve Bank of India (RBI) to operate as an online payment aggregator (PA). The development comes over two years after PhonePe received in-principle approval from the RBI in August 2023 to operate as an online payment aggregator.  The authorisation will enable PhonePe to expand its reach among […]

Tags: PhonePe Walmart

Industry

JPMorgan Says Circle Faces ‘Intense’ Competition From Tether, Hyperliquid and Fintech Rivals

The Block

“Circle, the issuer of the stablecoin, faces “intense” competition as Tether, Hyperliquid, and several fintech companies prepare new stablecoin launches, according to JPMorgan analysts. Still, they cautioned that the stablecoin landscape may end up as more of a “zero-sum game” for U.S. issuers unless the crypto market expands significantly.”

Global

PhonePe, Paytm, Cred Shut Down Rent Payment Feature After RBI Curbs

MSN

“The Reserve Bank of India’s move to tighten regulations for payment aggregators has prompted some of India’s largest fintech firms, including PhonePe, Paytm and Cred, to stop rent payments on their platforms, according to a Moneycontrol report. The central bank’s new rules prohibit payment aggregators from acting as marketplaces—which previously allowed them to process rent payments.”

Tags: India

Global

RBI Fines PhonePe for Regulatory Lapses, Sends a Clear Warning to Fintechs

The420

“The Reserve Bank of India (RBI) has imposed a fine of ₹21 lakh on digital payments company PhonePe for violating norms related to prepaid payment instruments (PPIs). The penalty underscores the central bank’s tightening grip on India’s fast-expanding fintech sector. Regulators found that the company failed to adequately inform customers about account balances and did […]

Tags: India

Global

UPI Joins Hands With Global Postal Network to Reshape Cross-Border Payments

IBS Intelligence

“The announcement of UPI–UPU integration at the Universal Postal Congress in Dubai has been hailed as a landmark moment in the global payments industry, with FinTech leaders highlighting its potential to reshape cross-border remittances and set new benchmarks for financial inclusion. By merging the universal reach of postal networks with the speed, affordability, and interoperability of […]

Tags: India

Global

The Retail Payments Infrastructure Board (RPIB) [UK]

Bank Of England

“On 15 July 2025, the Payments Vision Delivery Committee (PVDC) announced a new model to deliver the next generation of UK retail payments infrastructure, supporting businesses and consumers across the economyOpens in a new window. The new model embeds public and private sector collaboration, utilising the right expertise in the right functions to drive transformation. […]

Tags: UK