News
Daily global payments news: what happened and why it matters, across cross-border, real-time, cards, Asia-Pacific, regulation and deals.
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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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StraitsX and Visa extend stablecoin-backed card issuing to more than 100 markets
StraitsX will support stablecoin-backed Visa card programmes in more than 100 markets, taking the Singapore stablecoin issuer’s card business beyond Asia.
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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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Visa Direct moves stablecoin prefunding into production with Inyo Global
Visa Direct’s USDC prefunding has moved from pilot to production, with Inyo Global the first enabler for cross-border payouts to 180+ countries.
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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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