Razorpay and Airtel Payments Bank Partner on UPI Infrastructure
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RazorPay Launches UPI Infrastructure In Collaboration With Airtel Payments Bank
According to RazorPay, UPI Switch is able to solve a lot of the currently faced by currently existing UPI infrastructure, as well as added capacity such as being able to handle 10,000 transactions per second, and resolving disputes within 24 hours as opposed to the industry standard of 7 days.
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World Bank to provide over 80% million in aid to Afghanistan
The World Bank has announced that it will provide $84 million to Afghanistan to combat the economic crisis and support livelihood projects. The assistance, as stated by the World Bank on Tuesday, will be channeled through the Afghanistan Reconstruction Trust Fund (ARTF) and the International Development Association (IDA). Additionally, Melinda Good, the World Bank’s official […]
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Standard Chartered and Visa Partner on Cross-Border B2B Payments
Standard Chartered has partnered with Visa to facilitate cross-border B2B payments for the bank’s corporate clients. The bank has joined the Visa B2B Connect multilateral payment network and has become Visa’s new settlement partner for a set of currencies, the companies said in a press release emailed to PYMNTS. The solution will launch first for clients of Standard Chartered […]