NPCI

India pilots AI chatbot-led e-commerce with ChatGPT, Gemini, Claude in the mix

Commerce /

India has kicked off a pilot to let consumers shop and pay directly through AI chatbots, with OpenAI’s ChatGPT leading the rollout and integrations with Google’s Gemini and Anthropic’s Claude in development, as the South Asian nation becomes the next major market for global AI companies. On Thursday, the National Payments Corporation of India (NPCI), […]

India pilots AI chatbot-led e-commerce with ChatGPT, Gemini, Claude in the mix Read More »

India again delays rules to break PhonePe-Google Pay duopoly

Fintech /

India has once again pushed back a contentious plan to limit big technology companies’ control of the nation’s digital payments system, extending a regulatory uncertainty that has weighed on the sector for years. The National Payments Corporation of India said on Tuesday it would extend the deadline for implementing a 30% cap on any individual

India again delays rules to break PhonePe-Google Pay duopoly Read More »

India weighs easing market share limits for UPI payment operators

Government & Policy /

The governing body overseeing India’s popular UPI payments rail is considering easing its proposed market share cap for operators like Google Pay, PhonePe and Paytm as it struggles to enforce limitations, two people familiar with the matter told TechCrunch. National Payments Corporation of India (NPCI), which reports to India’s central bank, is considering increasing the

India weighs easing market share limits for UPI payment operators Read More »