NPCI’s nudge to new UPI players; govt’s Nvidia deal
ETtech.com -

Happy Wednesday! The National Payments Corporation of India is pushing smaller payments apps on UPI to drive more incentives. Find out why in today’s ETtech Morning Dispatch.Also in this letter:■ TCS CEO on AI-ready workforce■ ETtech Done Deals■ Apple’s search for Indian iCamera maker NPCI nudges new UPI players to incentivise users to snap duopoly 109360274New payments apps on Unified Payments Interface (UPI) are being nudged to incentivise users to get their market share up on the...

In related news

  • NPCI pushing new UPI players to offer incentives to expand market share

    Several new third-party payments apps on Unified Payments Interface (UPI) are being nudged by digital payments network manager National Payments Corporation of India (NPCI) to invest and incentivise consumers.This is primarily aimed at getting users to transact through these new platforms, in order to reduce the risk from high concentration of transactions on the PhonePe and Google Pay platforms that control around 85% market share, three companies told ET.According to people briefed on the...
  • GPU access: Govt may chip in with Nvidia deal

    India may strike a deal with Nvidia to source graphics processing units (GPUs) from the US manufacturer, and offer them to local startups, researchers, academic institutions and other users at a subsidised rate under its ₹10,000 crore Artificial Intelligence Mission, people in the know of the matter said.The plan is at a very early stage and a decision is likely to be made after the elections, an official said.Since Nvidia controls a dominant share of the GPU market, it is the natural choice...
  • Here’s What a 21st-Century Rural New Deal Looks Like

    Katrina vanden Heuvel A strategy for building a rural-urban working-class coalition.