india

India (official name: the Republic of India; Hindi: Bhārat Gaṇarājya) is a country in South Asia. It is the seventh-largest country by area, the second-most populous country, and the most populous democracy in the world. Bounded by the Indian Ocean on the south, the Arabian Sea on the southwest, and the Bay of Bengal on the southeast, it shares land borders with Pakistan to the west; China, Nepal, and Bhutan to the north; and Bangladesh and Myanmar to the east. In the Indian Ocean, India is in the vicinity of Sri Lanka and the Maldives; its Andaman and Nicobar Islands share a maritime border with Thailand and Indonesia.

Source: en.wikipedia.org

Real-Time Payments in India, Indonesia Expected to See Largest Growth
Real-Time Payments in India, Indonesia Expected to See Largest Growth
April 04, 2023  |  Real-Time Payments

  Real-time payment systems have transformed how individuals and businesses transact and manage their money around the globe by allowing users to transfer funds instantly...

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PhonePe Raises $200 Million From Former Parent Walmart
PhonePe Raises $200 Million From Former Parent Walmart
March 19, 2023  |  Fintech Investments

India’s FinTech platform PhonePe has raised another $200 million, this time with the help of Walmart. The funding, announced Friday (March 17), comes one month...

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JPMorgan Helps Volvo Enter Indian EV Market
JPMorgan Helps Volvo Enter Indian EV Market
March 08, 2023  |  Digital Payments

J.P. Morgan has assisted Volvo’s entry into the Indian electric vehicle market. The Swedish luxury carmaker’s XC40 Recharge is an exclusive direct-to-consumer (D2C) model powered...

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India’s OfBusiness Debuts Raw Material Procurement App
India’s OfBusiness Debuts Raw Material Procurement App
March 05, 2023  |  B2B Payments

Indian B2B platform OfBusiness has launched an app to help small businesses obtain credit and raw materials. The app lets micro-, small and medium enterprises...

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Reserve Bank of India Imposes $375,000 Penalty on Amazon Pay
Reserve Bank of India Imposes $375,000 Penalty on Amazon Pay
March 03, 2023  |  Regulation

The Reserve Bank of India (RBI) has imposed a $375,000 penalty on Amazon Pay (India) Private Limited. The move followed the central bank and regulatory...

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PYMNTS Intelligence: Payment Challenges and Opportunities in High-Growth Markets
PYMNTS Intelligence: Payment Challenges and Opportunities in High-Growth Markets
March 01, 2023  |  Cross Border Commerce

Southeast Asia has become a tempting area of expansion for international corporates due to its high level of digital payments penetration, with a recent study indicating that...

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Amazon Invests in Online Grocery as Supermarkets Boost In-Store Tech
Amazon Invests in Online Grocery as Supermarkets Boost In-Store Tech
February 23, 2023  |  Retail

This week in grocery, Amazon backs an online grocery startup, Giant leverages video and self-checkout evolves. In Amazon’s ongoing efforts to grow its share of perishables, the...

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Singapore and India Debut Cross-Border Payment Link
Singapore and India Debut Cross-Border Payment Link
February 21, 2023  |  Partnerships

India and Singapore have linked their real-time payment systems to simplify cross-border remittances. The two countries’ central banks announced the linkage Tuesday (Feb. 21), saying...

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Amazon and Google Get Payments Clearance in India
Amazon and Google Get Payments Clearance in India
February 16, 2023  |  Payment Methods

Google and Amazon have been cleared to expand their online payments businesses in India. The country’s central bank on Wednesday (Feb. 15) published a list of 32 companies that have...

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