The way people pay for things is rapidly changing. Fintech start-ups have been quick to identify pain points in traditional payment systems, which, so far, have been interbank clearing and settlement systems, or those run by the various card associations. Here’s a first of a series of quick primers on... read more →
Jun 13
Jun 12
As per a recent news report, aggregate value of transactions made through United payments interface (UPI) during May 1st –May 28th had a higher growth rate, than transactions made through mobile wallets and other prepaid payment instruments. The aggregate value of transactions between May 1st and May 28th was Rs... read more →
May 29
Recent news reports indicated that the FDI inflows in India hit a new high of $43 billion in the year 2016-17. The ministry of commerce and industry said in a press statement, “The intent all this while has been to make the FDI policy more investor friendly and remove the... read more →
Feb 28
Pathway Created for International Micro-Transfers Click here to read more
Jun 01
Mobile as a proxy identity for international payments by Ambar Sur, Founder & CEO, TerraPay Identity in a borderless digital world Digital identity is the essential founding block of borderless e-commerce. As dealings are conducted remotely, without personal interactions or without any history of personal acquaintance, the ability to verify... read more →
Apr 01
The future of remittances is digital by Ambar Sur, Founder & CEO, TerraPay The remittance industry is being digitally remastered. A growing base of customers comfortable with using mobile devices, increasing competition from new entrants and margin pressures due to a growing global consensus on lowering remittance transaction fees is... read more →
