Rangarajan Kannan

India's UPI ecosystem is witnessing transformative updates as NPCI rolls out new operational guidelines, effective 1 August 2025. Next in our 'Payments Perspectives' series, Ram Rastogi 🇮🇳, Digital Payments Strategist and Chairman of the Governance Council of the Board, Fintech Association for Consumer Empowerment (FACE), talks about how these changes are building a more efficient and future-ready UPI experience for users and platforms alike. With over 18 billion transactions processed in June alone, these implementations aim to improve reliability during peak load while simultaneously preventing fraudulent activities and curbing access through dormant IDs. Swipe through to read what this means for India's digital payment infrastructure.  #amazon #fintech #digitalpayments #upi #npci

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ixigo, a traveltech platform, has partnered with Kunal Shah-led CRED to exclusively power flight bookings for CRED’s newly launched CRED IndusInd Bank RuPay Credit Card. Through this partnership, cardholders will now be able to book flights within the CRED ecosystem with ixigo’s flight inventory and technology powering the entire booking experience. Read the full story here:👇 https://lnkd.in/dtidtKQj #traveltech #partnership #fintech #creditcards #company #startup #indianstartupnews

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🚨 Payments Council of India reappoints CCAvenue exec Vishwas Patel as chairperson The Payments Council of India (PCI) has reappointed Vishwas Patel, Joint MD of CCAvenue, as Chairperson for the 2025–27 term. MN Srinivasu (BillDesk) and Nalin Bansal (NPCI) will serve as Co-Chairpersons. With over 190 members, PCI represents India’s non-bank payments industry and works with regulators like RBI and the Finance Ministry to advance the vision of a “less-cash” economy. Leaders from Razorpay, PhonePe, Google Pay, MobiKwik, Amazon Pay, PayPal, Mastercard, and others were also named to head key committees. Read more at: https://lnkd.in/gpTBMQ_J By Sayan Sen #DigitalPayments #Fintech #PCI #UPI #FinancialInclusion

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With UPI surpassing VISA in transactions and TPAPs dominating the payment space, banks are now aspiring to reclaim direct merchant relationships, recognizing the strategic imperative of owning this crucial segment. In this Finance Outlook India article, Mr. Debiprasad Sarangi, CEO of iServeU, highlights how banks can leverage banking infrastructure providers or TSP to shift the dominance and strengthen direct ties with merchants. 🔗 Read more: https://lnkd.in/gegVzUCJ #iServeU #FinTechs #Banks #UPI #Soundbox #BaaS

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🚨🚨 IPO-bound Groww completes acquisition of Fisdom after Sebi nod 📌📌 Fisdom's founders, Subramanya SV and Anand Dalmia, along with their core team, will continue with Groww to lead the wealth business. Read more at: https://lnkd.in/gJ_sJXXb

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𝗜𝘀 𝗬𝗼𝘂𝗿 𝗕𝗮𝗻𝗸’𝘀 𝗣𝗮𝘆𝗺𝗲𝗻𝘁 𝗘𝗳𝗳𝗶𝗰𝗶𝗲𝗻𝗰𝘆 𝗪𝗵𝗲𝗿𝗲 𝗜𝘁 𝗡𝗲𝗲𝗱𝘀 𝘁𝗼 𝗕𝗲? 𝗟𝗲𝘁’𝘀 𝗧𝗮𝗹𝗸. In India’s dynamic payments landscape, banks need a trusted partner who delivers end-to-end payment technology solutions—backed by deep domain expertise, regulatory compliance, and proven innovation. At Electronic Payment and Services (EPS), we are proud to be a NPCI-certified Application Service Provider (ASP) and among the few licensed White Label ATM operators in India. We empower banks to: 𝟭) 𝗕𝘂𝗶𝗹𝗱 𝗧𝗿𝘂𝘀𝘁: Through secure, compliant solutions aligned with RBI and NPCI guidelines, ensuring reliable and transparent transactions.  𝟮) 𝗗𝗿𝗶𝘃𝗲 𝗔𝗴𝗶𝗹𝗶𝘁𝘆: By integrating multiple payment rails—including UPI, AePS, IMPS, and White Label ATMs—with automated reconciliation and real-time reporting.  𝟯) 𝗢𝗳𝗳𝗲𝗿 𝟯𝟲𝟬-𝗗𝗲𝗴𝗿𝗲𝗲 𝗦𝗲𝗿𝘃𝗶𝗰𝗲𝘀: In addition to our robust payment infrastructure, EPS offers a comprehensive MSME Digital Platform that empowers banks to deliver a wide range of value-added services tailored to the evolving needs of micro and small businesses. These services include: E-Store Enablement, Digital Marketing Tools, Digital Ledger Solutions, Expense & Payroll Management,Tax Return Filing Support and more With EPS, banks can reduce operational complexity, improve payment settlement speed, and enhance customer experience—all while complying with India’s rigorous regulatory environment. Let’s explore how EPS can help you achieve payment excellence and operational resilience To learn more visit www.electronicpay.in or comment below to start the conversation. #Payments #Banking #Fintech #PaymentPartner #Trust #Agility #DigitalPayments #EPS #WhiteLabelATM #NPCI #FinancialInclusion

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