Domestic & Real-time
Domestic and real-time payments news: UPI, Pix, FedNow, SEPA Instant, faster payments schemes, ACH and account-to-account rails.
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RBI data centre in Bhubaneswar opens to host RTGS and NEFT
The Reserve Bank of India has opened a ₹169 crore data centre in Bhubaneswar that will host RTGS, NEFT and e-Kuber, its first such site outside…
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HSBC RedCoin stablecoin goes live for 3.3 million PayMe users in Hong Kong
HSBC’s first stablecoin, the HKD-denominated RedCoin, is live on PayMe for more than 3.3 million users, who can use it for transfers and at over 100,000…
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The OCC writes the stablecoin rulebook, GCash lists in Manila, and Western Union moves remittances on-chain
The OCC finalises its GENIUS Act rule for stablecoin issuers, Western Union picks Noah to pay out remittances in its USDPT stablecoin, GCash parent Mynt lists…
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Visa gets a Beijing green light, UPI’s fee waits for Diwali, and stablecoins reach the payout rails
China lets Visa prepare a domestic yuan card-clearing business, India pushes UPI merchant fees past Diwali, Visa and Mastercard put stablecoins into production payouts, and Ramp…
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NPCI defers UPI MDR on select merchant payments until after Diwali
NPCI has pushed the planned merchant fee on select UPI payments to just after Diwali, two days before it was due to start, with the structure…
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