UPI Is Expanding the Instant Payments Use Case to Big-Ticket Items
The Reserve Bank of India (RBI) plans to lift the transaction limits on its Unified Payments Interface (UPI) system, a move expected to dramatically increase the capabilities of the real-time payments system. Previously, UPI transactions were capped at Rs 1 lakh (approximately $1,162) for merchant transactions, forcing many users to either split payments for larger […]
Many Coachella Attendees Are Buying Tickets Through BNPL
When the Coachella music festival kicks off, many attendees will have secured their tickets through an installment plan. Bypassing traditional buy now, pay later (BNPL) providers, Coachella’s payment plans have become especially popular with the festival’s mostly younger crowd—and a significant revenue source for its promoters. According to reporting from Billboard, approximately 60% of general […]
Tokenization Is Playing a Central Role in the Shift to a Digital Economy
Though the crypto and digital assets industry has experienced its share of fads over the past few years, it has also given rise to transformative technologies like stablecoins and blockchain. These innovations are reshaping the financial landscape. Among them, tokenization has seen growing adoption by the world’s largest financial players—a trend that shows no signs […]