Companies Global

India: RBI Executive Director Unveils New RuPay And UPI Payment Innovations At GFF 2026

BW Disrupt

“The Reserve Bank of India announced the launch of several innovations, including a pilot of the Unified Ticketing Platform, a concept showcase of RuPay ON-THE-GO Card-on-Device Tokenisation, RuPay Tap on Phone, RuPay passkey-based biometric authentication, and cross-border merchant payments using RuPay credit card on UPI International. The initiatives are designed to enhance convenience, security and […]

Tags: Reserve Bank of India

Industry

Nearly 1,000 Merchants Tell Judge Proposed Settlement of Visa/Mastercard Lawsuit is ‘Riddled With Loopholes’

Merchants Payments Coalition

“The Merchant Payments Coalition said nearly 1,000 businesses and trade associations have called on a federal judge to reject the proposed settlement of merchants’ lawsuit over Visa and Mastercard credit card swipe fees.“We object to this proposed settlement because it would grant Visa, Mastercard and giant card-issuing banks sweeping liability immunity for their anticompetitive system […]

Companies

dLocal Ghana Secures Enhanced Payments License to Deepen Local Operations

TechCabal

“The Ghanaian subsidiary of Uruguayan payments company dLocal has secured an Enhanced Payment Service Provider (EPSP) licence from the Bank of Ghana, allowing it to operate more of its payments business locally. The licence allows dLocal Ghana to provide local payment collections, merchant acquisitions, mobile-money acceptance, bank-transfer collections and local payouts through bank accounts and […]

Tags: dLocal

Companies Global

Australia: CommBank Reduces Merchant Fees to Support Businesses Manage Costs [Video]

CommBank

“CommBank is reducing its Merchant Service Fee0 from 1.1% to 0.99% per transaction for in-store payments for customers on simple flat-rate pricing from 1 October 2026, making it one of the lowest rates in market.  The reduction is designed to help businesses keep the cost of accepting card payments low, supporting them as they manage […]

Tags: Australia CommBank

Companies

Synchrony Announces Enterprise Collaboration with OpenAI to Power the Next Era of Agentic Commerce Synchrony Logo

PR Newswire

“Synchrony announced a collaboration with OpenAI to strengthen Synchrony’s positioning at the center of AI’s next chapter in shopping and payments. The collaboration supports the company’s work to bring financing, rewards, and loyalty into AI-native shopping and checkout experiences. This collaboration is part of Synchrony’s strategy across the AI ecosystem to leverage frontier models, technology […]

Tags: Synchrony Financial

Global

Adding Pix Lifts Global Merchant Revenue by up to 37% in Brazil, EBANX Data Shows

Globe Newswire

“International companies that add Pix to their checkout in Brazil see revenue rise by as much as 37% and reach an average of 25% more customers within six months of integration, according to internal data from EBANX , a technology company connecting global businesses to emerging markets through payments. That sample includes U.S.-headquartered merchants, whose […]

Tags: Brazil

Global

India Paves Way for Return of Merchant Fees on Digital Payments

MarketScreener

“India has moved a step closer to reintroducing merchant fees on transactions made through its Unified Payments Interface (UPI) after proposed changes to the country’s payments laws were introduced in parliament on Tuesday. An amendment to India’s Payment and Settlement Systems Act, tabled in parliament by Finance Minister Nirmala Sitharaman, would allow the introduction of […]

Tags: India

Companies

Mastercard Launches Scam Program And Expands Stablecoin Payment Infrastructure

Yahoo Finance

“Mastercard launched a new Scam Merchant Monitoring Program that pushes acquiring banks to investigate suspected fraud within strict timelines. In addition, the company is expanding stablecoin settlement support, including through its acquisition of BVNK and a focus on deeper banking as a service offerings.  These moves aim to tighten consumer protection and build out Mastercard’s […]

Tags: Mastercard

Global

Smaller UPI Apps Urge NPCI to Rethink UPI Meta Launch, Warn of Deeper Phonepe-Google Pay Dominance

Money Control

“Smaller UPI apps urge the National Payments Corporation of India (NPCI) to rethink the launch of the UPI Meta protocol, warning it could inadvertently entrench the dominance of PhonePe and Google Pay. NPCI runs UPI, the country’s most popular digital payments platform. The industry representation follows NPCI’s push to roll out UPI Meta, a tokenisation […]

Tags: India

Global

Decoded: How Offline UPI Can Keep Digital Payments Running Without Internet [India]

Business Standard

“The payments body is developing an offline UPI system that could allow users to make tap-and-pay transactions even when both the customer’s smartphone and the merchant’s point-of-sale (PoS) terminal are offline. Instead of relying on instant bank authentication, the proposed system is expected to use Near Field Communication (NFC), secure offline token storage and deferred […]

Tags: India

Industry

Matera Introduces First-to-Market X9.150 Payment QR Code Software to Help Banks Accelerate Account-to-Account Payments

Business Wire

“Matera, a leading provider of modern banking technology, today announced the launch of its Payment QR Code software, the first solution compliant with the newly approved ANSI X9.150 Merchant-Presented Payment QR Code Standard. The platform enables financial institutions, payment providers and billers to deliver secure, interoperable account-to-account payment experiences across multiple payment networks, including FedNow®, RTP®, […]

Companies

Ant International Raises Approx. US $1.2 Billion in Series a Equity Financing to Boost Cross-Border Payments, Agentic Commerce Solutions for Global Businesses

Business Wire

“Ant International announced the successful closing of its Series A equity financing of approximately US$1.2 billion. Existing investors including Ant Group and Alibaba Group participated in this round, as well as other renowned international investment institutions. The proceeds will be used to accelerate Ant International’s global expansion and innovation in merchant payment, account management and […]

Tags: Ant International

Global

PhonePe, Paytm or Google Pay? Which Payment App Is Used Most in India? Data Will Shock You

News24

“India’s UPI market continues to expand at a rapid pace. This has made digital payments a part of everyday life from small tea stalls to large shopping malls. Latest data released by the National Payments Corporation of India (NPCI) shows which UPI apps dominate the market by transaction volume. The figures reveal that PhonePe remains […]

Tags: India

Standards

New X9 Standard for Secure, Interoperable QR Code Payments Will Accelerate U.S. Use of Instant Payments

Business Wire

“Today the Accredited Standards Committee X9 Inc. (X9), the organization accredited by ANSI to develop financial industry standards for the United States, announced the publication of a new standard, “X9.150, Merchant-Presented QR Codes For Secure Payment.” The standard can now be downloaded from the ANSI website. Using payment QR codes for instant or account-to-account transactions bypasses […]

Tags: ASC X9

Companies

Visa Tests AI Agent Payments in Live Commerce Proof of Concept

Yahoo Finance

“On July 2, Nuvei said it had completed a live agentic-commerce proof of concept with Visa Inc., merchant technology provider Arvato Systems, and fashion brand Kings and Priests. The PoC demonstrated the first in-agent purchase where an AI agent completed a payment entirely on a shopper’s behalf without redirecting to a separate checkout page, Nuvei […]

Tags: Nuvei Visa