Sameer Nigam: News

NPCI may raise market share cap for UPI payment operators

The National Payments Corporation of India (NPCI), the regulatory body responsible for overseeing India's Unified Payments Interface (UPI) system, is reportedly considering a revision of its proposed market share cap for UPI operators.

Walmart-backed PhonePe launches Pincode app in e-commerce push

PhonePe, India's leading UPI payment app, is making an e-commerce push. The Walmart-backed company has launched a hyperlocal, consumer-facing app dubbed Pincode.