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Hey Payments Fanatics! India just hit a notable UPI milestone. In October, the country logged a record 20.7 billion transactions, amounting to ₹27.28 lakh crore. That’s over $327 billion USD in digital payments processed in just one month. According to the National Payments Corporation of India (NPCI)

Hey Payments Fanatic! ACI Worldwide announced its latest strategic move. The U.S. payments firm has fully acquired Greek FinTech Payment Components, including its IP, staff, and customer relationships. Payment Components is trusted by 65 banks and institutions across 25 countries, and specialises in AI‑powered financial messaging, open banking,

Hey Payments Fanatic! The India Fintech Foundation (IFF) has raised the alarm over mounting concentration in India’s Unified Payments Interface (UPI) system. According to a recent letter to the Finance Ministry, more than 80% of UPI transaction volumes are processed by just two third‑party app providers. The FinTech

Hey Payments Fanatic! Mastercard is in late-stage talks to acquire crypto infrastructure firm Zerohash for $1.5–$2 billion, according to Fortune. This potentially marks one of its biggest moves yet in blockchain and stablecoins. Founded in 2017, Zerohash powers crypto services behind the scenes, including trading, custody, and

Hey Payments Fanatic! Western Union has announced plans to launch USDPT, a US dollar-backed stablecoin built on the Solana blockchain, with rollout expected in the first half of 2026. The token will be issued by Anchorage Digital Bank, a federally regulated institution, and made accessible to users through partner

Hey Payments Fanatic! Paying your Uber is now easier. They announced a new strategic partnership with payments provider Checkout.com. Under the agreement, Checkout.com will bring acquiring and gateway services to Uber’s ridesharing and on-demand delivery platforms across markets worldwide. Through this partnership, the mobility app can

Hey Payments Fanatic! Agent-driven commerce is no longer a concept. It’s happening as you read this. Mastercard and PayPal have announced a strategic partnership to integrate Mastercard’s Agent Pay technology into PayPal’s digital wallet. This means consumers will be able to complete purchases via AI-powered