India Payment Gateway News

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• September 2022: The European Central Bank (ECB) chose Worldline to prototype the front-end user experience for the digital euro. By supporting key and possibly transformative projects like the digital euro, Worldline intends to actively participate in the growth of the payment industry and hence shares the common goal of the ECB and its partners.
• March 2022: PayXpert launched "PayXpress" and partnered with NetPay to sell Android POS devices to merchants in France, Spain, and Taiwan. The PayXpress POS solution is ideal for travel, hospitality, and retail merchants, including hotels, restaurants, transport/taxi services, and luxury fashion brands. The solution enables merchants to accept Visa, MasterCard, American Express, Alipay, and WeChat on one single POS device.

• May 2023: UAE Mastercard launched Click to Pay with payment service provider (PSP) Foloosi, who has rolled out the revolutionary payment mechanism across its entire merchant base. The cooperation makes the embedded Click to Pay solution the recommended payment method for guest checkout for Foloosi'sretailers and consumers. As part of the rollout, over 6,000 shops will provide Click to Pay to their customers.
• February 2023: Etisalat UAE, branded as Etisalat by e&, completed the acquisition of Service Souk DMCC "ServiceMarket. This acquisition is consistent with the Group's aim of empowering consumers, strengthening Smiles' online marketplace presence, and driving company diversification.

• November 2022 : Adyen, a global financial technology platform, partnered with Instacart, North America's leading grocery technology company, as an additional payments gateway processing partner. As part of the new partnership, Instacart would leverage Adyen functionality, including PINless debit enablement of transactions, to further optimize and improve authorization rates for an even more seamless customer experience.
• September 2022 : Unified Payments Interface (UPI) leader PhonePe is working toward launching its own payments gateway as an extension to its QR code-based UPI Payments service and in-app payments. The gateway is expected to launch in the 1st Quarter of 2023.

• August 2022 - The Customers of Interactive Brokers were provided access to 24-hour crypto trading via an improved online application made by Paxos Trust Company. Customers who choose to handle their account funding at Paxos can pre-fund their accounts during standard US banking hours and then trade Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and Bitcoin Cash (BCH), as well as other coins, round-the-clock.
• March 2022 - IBKR GlobalTrader, a simple mobile trading tool, was launched by Interactive Brokers that allows investors to trade stocks anywhere around the globe. The app's minimalist design makes it simple for inexperienced investors to use while still being robust enough for experienced stock traders. On more than 80 stock exchanges in North America, Europe, and Asia, the platform enables investors to open an account for trading stocks in a matter of minutes.

• February 2022 - Good Life Centre, a charitable organization based out of Tamil Nadu, sought a digital solution to streamline the donor management tracker. The PayPal team assessed the NGO's requirement to create mock screens for a donor management app. Once the workflow was designed, the UX and UI specialists brought the software to life. The outcome of the product was a seamless payment gateway for donations. It also comprised an admin flow that allowed for these donations to be tracked and managed and for offline contributions to be added.
• January 2022 - CCAvenue, Infibeam Avenues' flagship brand and entity in the Indian digital payments industry, has announced that it has integrated NSDL Payments Bank's direct debit facility to benefit Indian eCommerce. The coming together of these two payment entities will provide new lucrative opportunities for lakhs of Indian web merchants currently availing CCAvenue's payment gateway services.

• April 2023: The Government of India has launched 254 '4G mobile towers' in LAC villages in Arunachal Pradesh. Further, these 254 towers will provide 4G coverage in 336 villages, including several areas that have remained unconnected since Independence. Most of these towers are located in the villages bordering China to counter foreign telecom penetration. Furthermore, with the launch of this service, over 70 thousand people are expected to be benefitted.
• April 2023: Saudi Telecom Company (STC)'s subsidiary, Tawal, has reached an agreement to acquire the tower infrastructure of United Group for Euro 1.22 billion (USD 1.34 billion). The acquisition will include the United Group's infrastructure unit in Bulgaria, Slovenia, and Croatia, providing around 4,800 towers. Furthermore, this strategic acquisition aligns with Tawal's aim of expanding its international presence in key markets with promising growth potential within the STC Group.

• August 2022: Low6, the award-winning global leader in sports gamification, partnered with SCCG. The famous gaming industry investment and management firm will assist with identifying and facilitating North American-based Sports Betting Operators interested in leveraging Low6's technology to recruit new consumers.
• March 2022: NSoft, was committed to always providing the finest customer-centric solutions to its partners worldwide. It accelerated the growth of its gamification offer and engagement strategy by adding Ziqni to its operator portfolio. NSoft received a robust and easy-to-use solution through the Ziqni platform as part of the exclusive partnership, allowing it to provide a powerful and highly configurable gamification solution for its iGaming and Casino business partners.

• February 2023: Vi entered into e-sports in partnership with Gamerji. Partnering with e-sports start-up Gamerji, Vi, under the umbrella of Vi Games, launched an e-sports platform on the Vi App.
• September 2022: Fnatic and ASOS signed a three-year deal to bridge the worlds of fashion with gaming. Both brands will develop and deploy multiple offline and online activations as part of the deal, bringing the gaming and fashion worlds together.

• May 2022 - Ministry of Transportation and Communications, Astrophysics, Inc. entered into a contract with BARMM- Port's security equipment for the supply, delivery, installation, and commissioning of brand-new baggage x-ray machines and walk-through metal detectors with brand new generator sets.
• February 2022 - Rapiscan Systems, Inc. has chosen Meridian Knowledge Solutions to provide a learning management system with eCommerce capabilities. Rapiscan Systems required a scalable and adaptable solution to assist in managing and delivering a more comprehensive training solution to their customers and partners. Rapiscan Systems' training program for their Non-Intrusive X-ray Systems will be enhanced and supported by this solution.

• March 2023: Kind LED Grow Lights, one of the leading providers of LED grow lights, launched its latest product, the X1 Greenhouse LED Grow Light. With less energy consumption, the X1 Greenhouse LED Grow Light is designed to maximize crop growth and quality. It uses the most recent LED technology and a spectrum tailored specifically to plants to meet their needs for optimum growth.
• April 2022: The P100-M Smart Greenhouse was officially opened by the Department of Agriculture's Regional Field Office 10 (DA-RFO 10) inside its research facility, the Northern Mindanao Agricultural Crops and Livestock Research Complex (NMACLRC) at Dalwangan, Malaybalay City, Bukidnon. The Ministry of Agriculture, Food, and Rural Affairs (MAFRA) of the Republic of the Philippines and the South Korean government collaborated on the cutting-edge agricultural project known as the Smart Greenhouse, which uses Smart Greenhouse Technology to produce strawberries, cherry tomatoes, and white potatoes in innovative ways.