
CARD91 Launches Full-Stack UPI Acquiring Switch to Power Merchant Payments at Scale
BENGALURU, India, May 26, 2025 /PRNewswire/ — CARD91 is proud to announce the launch of its Full-Stack UPI Acquiring Solution to power merchant and corporate payment collections. With UPI surpassing 18 billion monthly transactions—and over 60% attributed to Person-to-Merchant (P2M) payments—acquiring has emerged as a critical driver of growth. Yet, significant gaps remain in the … Continue reading "CARD91 Launches Full-Stack UPI Acquiring Switch to Power Merchant Payments at Scale"

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Hans India
an hour ago
- Hans India
India stands out as global fintech bright spot as credit demand surges
New Delhi: India has emerged as one of the most dynamic fintech markets globally, driven by a potent combination of digital public infrastructure (UPI, Aadhaar, Account Aggregator), a mobile-first population, and regulatory clarity, a report showed on Monday. Fintech-led digital lending grew at 35 per cent CAGR in 2024, driven by rising credit demand, according to the report by QED Investors and Boston Consulting Group (BCG). Tools like UPI have enabled a wave of fintech innovation from digital lending to payments to wealth particularly benefitting underserved and unbanked populations. These enablers have accelerated innovation and financial inclusion at scale, making India a key focus for both global investors and domestic fintech players, said the report. India features among the top geographies poised for future fintech investment. Investors are encouraged to diversify capital into high-growth regions like India, with an emphasis on AI integration and disciplined scale, it added. India's affluent middle class, currently 31 per cent of the population, is projected to grow to 40 per cent (nearly 600 million) by 2031. This demographic shift is fuelling a surge in consumer demand for credit across retail, consumption, and SME sectors. "India stands at a unique inflection point in the global fintech landscape. With a strong foundation in digital infrastructure like UPI, Aadhar, Account Aggregator, and tech-savvy mobile-first population, the country has already shown how innovation can drive financial inclusion at scale,' said Sandeep Patil, Partner and Head of Asia at QED Investors. To win the next chapter, fintechs must pair innovation with disciplined execution. 'That means building trust, demonstrating profitability, and navigating an evolving regulatory landscape with maturity. The Indian market is large, dynamic and underpenetrated — well-positioned to be one of the defining arenas for global fintech over the next decade,' Patil mentioned. Globally, in 2024, fintech revenues grew by 21 per cent — up from 13 per cent in 2023 — marking a threefold acceleration over the financial services industry at large. 'A class of scaled fintechs is coming of age. Investors are demanding greater maturity, and regulators want more accountability,' said Deepak Goyal, a managing director and senior partner at BCG. 'Meanwhile, emerging disruptors are harnessing next-generation technologies like agentic AI and pioneering new business models, pushing established players to continuously innovate,' he added.


The Wire
2 hours ago
- The Wire
INFIDIGIT, INDIA'S LEADING SEO COMPANY, CONTINUES TO INNOVATE WITH CLIENT-CENTRIC DEVELOPMENTS THROUGH INFIGROWTH
MUMBAI, India, June 2, 2025 /PRNewswire/ — Infigrowth, the digital growth platform developed by Infidigit, India's leading SEO agency, has introduced its SEO Audit Module — a comprehensive, AI-powered solution designed to help brands precisely identify and resolve SEO issues impacting online visibility and performance. The SEO Audit Module offers a comprehensive site health checkup … Continue reading "INFIDIGIT, INDIA'S LEADING SEO COMPANY, CONTINUES TO INNOVATE WITH CLIENT-CENTRIC DEVELOPMENTS THROUGH INFIGROWTH"


India.com
3 hours ago
- India.com
PF Withdrawal Via ATM, Free ESIC Treatment & More: 5 Major Overhaul In EPFO 3.0; Rollout Likely This Month
photoDetails english 2909765 Updated:Jun 02, 2025, 09:45 AM IST EPFO To Undergo Major Digital Overhaul 1 / 7 Union Labour and Employment Minister Mansukh Mandaviya has confirmed that the Employees' Provident Fund Organisation (EPFO) is all set for a major digital overhaul. The changes were expected to rollout between end of May or June. Since there was no activity on EPFO Version 3.0 last month, it is mostly expected that the new rules might kick in from June 2025. EPFO Version 3.0 2 / 7 EPFO Version 3.0 will undergo numerous changes with regards to auto-claim settlements, digital corrections, and ATM-based fund withdrawals, Mandaviya had told a news agency. Here are looking at 5 such upcoming changes. 1. EPFO Seamless Process 3 / 7 The new version will eliminate the need for complex and lengthy form-filling processes or physical visits for claims and corrections. 2. EPFO A/C Update With OTP verification 4 / 7 Beneficiaries will be able to update their EPFO accounts and mandates using OTP verification and conveniently monitor their pension entitlements or withdraw funds. 3. Integration Of Social Security Schemes 5 / 7 Mandaviya said the government is also considering the integration of various social security schemes, including the Atal Pension Yojana, Pradhan Mantri Jeevan Bima Yojana, and Shramik Jan Dhan Yojana, to streamline and strengthen pension coverage. Beneficiaries under the Employees' State Insurance Corporation (ESIC) will soon be able to receive free medical treatment at hospitals empanelled under the Ayushman Bharat scheme. 4. Charity-Run Private Hospitals Under ESIC Ambit 6 / 7 Designated charity-run private hospitals will also be brought under ESIC ambit to expand social security coverage. Currently, ESIC provides free treatment to about 18 crore people through 165 hospitals, over 1,500 dispensaries and around 2,000 empanelled hospitals. 5. Members To Soon Withdraw PF Through UPI And ATM 7 / 7 The EPFO plans to launch a ground-breaking new PF withdrawal method via the Unified Payments Interface (UPI). Labour and Employment Secretary Sumita Dawra had previously told news agency ANI, the ministry has approved NPCI's recommendation, and members may withdraw PF through UPI and ATM by the end of May or June this year. This may also be a good pilot for members of other schemes like the General Provident Fund (GPF) of Govt Employees of the Public Provident Fund (PPF) of Banks.