Latest posts
The UPI Paradox: Cheered in Paris, Challenged on Church Street
India’s Digital Marvel The Unified Payments Interface (UPI) has been a significant milestone in India’s journey towards becoming a digitally-savvy economy. Launched in 2016, UPI was created by the National Payments Corporation of India (NPCI) and has since revolutionized the way financial transactions are conducted across the country. With its simple, instantaneous, and secure framework…
The Converging Factors Creating a Hostile Environment for Traditional Cross-Border Payments
Introduction to Cross-Border Payments Cross-border payments refer to transactions where funds are transferred from one country to another, playing a pivotal role in global economic interactions. These payments are essential for various financial activities, including international trade, investment, and remittances. In today’s interconnected world, the ability to send and receive money across borders is crucial…