Curtain Raiser: Global Fintech Fest (GFF) 2024

          Any plans to attend GFF 2024?

Prepare to be immersed in the dynamic world of financial technology as the curtains rise for the much-anticipated Global Fintech Fest (GFF) 2024. Organized annually by the Payments Council of India (PCI), the National Payments Corporation of India (NPCI), and the Fintech Convergence Council (FCC), GFF has emerged as a premier platform for fintech aficionados worldwide.

Get ready for the pinnacle of fintech innovation as the fifth edition of the Global Fintech Fest (GFF 2024) descends upon the vibrant city of Mumbai, India. From August 28th to 30th, the prestigious Jio World Convention Centre will transform into the ultimate hub for movers and shakers within the fintech ecosystem.

With its unparalleled lineup of speakers, immersive experiences, and networking opportunities, GFF 2024 promises to be the definitive destination for anyone looking to shape the future of finance.

**Evolution of GFF**

Since its inception in 2020, GFF has witnessed a remarkable evolution, transcending geographical barriers to unite global policymakers, regulators, industry leaders, and academics in a comprehensive dialogue on fintech's future.

From its virtual beginnings to the hybrid and fully physical editions in recent years, GFF has garnered support from esteemed entities such as the Department of Economic Affairs (DEA), Ministry of Finance, Government of India (GoI), and the Reserve Bank of India (RBI).

 

**Setting the Stage**

 

The fifth edition of GFF, scheduled from August 28th to 30th, 2024, at the prestigious Jio World Convention Centre in Mumbai, India, promises to be a milestone event. With over 250 hours of content spread across seven tracks, GFF 2024 aims to encapsulate the essence of fintech innovation, collaboration, and industry foresight.

From keynote speeches to panel discussions, workshops, masterclasses, product launches, and networking sessions, the agenda is designed to cater to diverse interests within the fintech domain.

 

**The GFF Experience**

 

At the heart of GFF lies its dedication to showcasing cutting-edge technology, disruptive models, and insights from industry experts. Startups seeking global visibility will find ample opportunities to connect with investors and industry stalwarts, propelling their ventures to new heights. The exhibition area, featuring over 300 stalls, stands as a testament to innovation and collaboration within the fintech ecosystem, offering a glimpse into the future of finance.

 

**The GFF Experience: A Journey into Fintech Innovation**

 

At the Global Fintech Fest (GFF) 2024, attendees are not mere spectators; they are active participants in shaping the future of finance. As the world's leading conference in the financial technology sector, GFF offers a multi-dimensional experience that transcends traditional conference norms.

 

**Exploring Cutting-Edge Technology**

At the heart of the GFF experience lies a showcase of cutting-edge technology that is redefining the financial landscape. From artificial intelligence and blockchain to machine learning and quantum computing, participants are immersed in a world of innovation where the boundaries of possibility are continually pushed. Interactive demonstrations and hands-on experiences allow attendees to witness firsthand how these technologies are revolutionizing banking, payments, lending, and beyond.

 

**Discovering Disruptive Models**

In addition to technology, GFF provides a platform for exploring disruptive business models that are reshaping the financial industry. Whether it's peer-to-peer lending platforms, robo-advisors, decentralized finance (DeFi) protocols, or neobanks, attendees gain valuable insights into the latest trends and emerging opportunities. Through thought-provoking panel discussions, case studies, and success stories, participants learn from the pioneers who are challenging the status quo and driving innovation forward.

 

 

 

**Insights from Industry Experts**

 

GFF brings together a diverse array of industry experts, thought leaders, and visionaries who share their insights and expertise with attendees. From CEOs of leading fintech startups to executives from established financial institutions, speakers at GFF represent a cross-section of the industry, offering perspectives that span regulatory, technological, and business domains. Through keynote addresses, fireside chats, and interactive Q&A sessions, participants gain invaluable knowledge and actionable strategies for navigating the rapidly evolving fintech landscape.

 

**Empowering Startups**

 

For startups, GFF is more than just a conference—it's a launchpad for success. The event provides unparalleled opportunities for startups to showcase their innovations, connect with investors, and gain global visibility. Pitch competitions, demo sessions, and networking events enable startups to garner attention, secure funding, and forge strategic partnerships that propel their growth trajectory. With access to mentors, advisors, and industry influencers, startups at GFF receive the support and guidance they need to thrive in a competitive market.

 

**Driving Collaboration and Innovation**

 

At its core, GFF is a catalyst for collaboration and innovation within the fintech ecosystem. Through networking sessions, roundtable discussions, and collaborative workshops, participants have the opportunity to connect with like-minded individuals, share ideas, and explore potential synergies. By fostering a culture of collaboration and knowledge exchange, GFF accelerates the pace of innovation, driving positive change and advancing the collective mission of transforming finance for the better.

 

**Venue: Jio World Convention Centre**

 

Nestled in Mumbai's bustling Bandra Kurla Complex, the Jio World Convention Centre serves as the ideal backdrop for GFF 2024. Spanning an impressive 1,03,012 square meters, this state-of-the-art venue exudes sophistication and elegance, perfectly complementing the event's stature. Its strategic location and cosmopolitan ambiance make it a premier destination for exhibitions, conventions, meetings, and social events, reaffirming Mumbai's status as a global business hub.

 

As the countdown begins for GFF 2024, anticipation mounts for what promises to be an unparalleled convergence of fintech visionaries, innovators, and thought leaders. Stay tuned as we delve deeper into the transformative power of fintech and chart the course for the next decade of finance at GFF 2024.

 

Disclaimer: These are my personal thoughts only. I am an interested party. I may attend this in my personal capacity. The decision is yet to be taken. Hence, I am an interested party. The bottom line is Spreading the Joy of Safe ePayments. Nothing more – Nothing Less.

 

Safe and Stylish: Unveiling World SafeePay and Blouse Day Delights

 

The need for observing World SafeePay Day and World Blouse Day arises from the absence of dedicated global celebrations for these concepts.

World SafeePay Day aims to celebrate the joy of safe electronic payments in all financial transactions, representing an abstract celebration that highlights the significance of secure and efficient digital financial interactions.

As the world increasingly relies on electronic payment systems, having a designated day for SafeePay emphasizes the importance of secure and reliable digital financial transactions.

 

On the other hand, World Blouse Day seeks to celebrate the joys of wearing blouses in a more lively and visually impactful manner.

The concept involves a powerful display of togetherness, with millions of people stepping out wearing blouses based on a chosen theme.

This display celebration not only promotes a sense of unity but also serves as a unique and creative expression of shared identity through clothing.

 

The introduction of these days aligns with the United Nations' approach to designating specific days to raise awareness, promote action, and celebrate achievements related to various global issues.

While international days often focus on serious matters, World SafeePay Day and World Blouse Day offer a mix of abstract and lively celebrations, catering to the diverse interests and aspects of modern life.

In a world where electronic transactions and cultural expressions are integral parts of daily living, these designated days would contribute to fostering awareness and appreciation for safe ePayments and the joy of wearing blouses.

 

 

SafeePay's joy, transactions secure,

World Blouse Day, colors allure.

Digits dance, a digital delight,

Blouse themes bloom, in unity's light.

 

Enhancing UPI Experience: Razorpay and Airtel Payments Bank Introduce Instant Refunds

 

Razorpay and Airtel Payments Bank have come together to enhance your UPI experience.

         The major benefit as a front-end user is the promise of Instant Refund in case of technical failures.

         In brief technical failures mean where is no fault of either the sender or the receiver, but the receiver has not received the funds.

In such circumstances, both the receiver and sender will be eagerly waiting for the final status of the funds, either it should be in the receivers account or in the sender's account.

It is a painful feeling, if the funds are not in the receivers account or senders account and stuck elsewhere, and account holders frantically trying to retrieve them.

         Razorpay and Airtel Payments Bank highlight other technical features of the new UPI Switch.

         As an end user, what I am interested. Simple, the receiver should receive the funds within seconds. Or at the most, in case of any technical failures, the money should come back to my source accounts. That is all, nothing more, nothing much.

         All other features are not of important as an end user.

         In the ever-evolving landscape of digital payments in India, Razorpay and Airtel Payments Bank have joined forces to revolutionize the Unified Payments Interface (UPI) experience.

The introduction of instant refunds stands out as a significant enhancement for users, promising swift resolution in case of technical failures.

 

Imagine sending money through UPI, only to find it stuck in limbo due to unforeseen technical glitches. It's a scenario familiar to many, where neither the sender nor the receiver is at fault, yet the funds remain in transit.

With instant refunds, this frustration becomes a thing of the past. In the event of such technical hiccups, users can expect a prompt return of their funds to the source account, ensuring peace of mind and seamless transactions.

 

The collaboration between Razorpay and Airtel Payments Bank doesn't stop at instant refunds. Their new UPI Switch brings forth a myriad of technical features aimed at enhancing the overall payment experience.

However, what truly matters to end-users is simplicity and efficiency. The core expectation is clear: funds should reach the intended recipient within seconds, and if not, they should swiftly revert to the sender's account.

This emphasis on user-centric solutions underscores the commitment of both companies to prioritize customer satisfaction above all else.

 

Razorpay's UPI Switch represents a leap forward in payment infrastructure, boasting cloud-based innovation capable of handling up to 10,000 transactions per second. By partnering with Airtel Payments Bank, Razorpay aims to empower businesses with faster access to UPI innovations, thereby driving success rates up by 4-5%. The strategic alliance aligns with India's digital transformation journey, where UPI has emerged as the preferred payment method, constituting 70% of digital transactions.

         Ganesh Ananthanarayanan, COO of Airtel Payments Bank, emphasizes the collaboration's role in setting a new standard for business payments. As UPI transactions continue to surge, the partnership between Razorpay and Airtel Payments Bank embodies the vision of a digital India, where seamless, secure, and scalable payment solutions drive economic growth and inclusivity.

 

In conclusion, the synergy between Razorpay and Airtel Payments Bank heralds a new era of convenience and reliability in the realm of digital payments.

With instant refunds and a robust UPI infrastructure, users can navigate the digital landscape with confidence, knowing that their transactions are in safe hands.   

As India marches towards a cashless future, partnerships like this pave the way for innovation and progress in the fintech ecosystem.

              Read more details at @ https://razorpay.com/newsroom/razorpay-forays-into-building-upi-infrastructure-unveils-upi-switch-in-partnership-with-airtel-payments-bank-set-to-power-10000-transactions-per-second/

              Unable to locate Airtel Payment Bank Press Release on this subject

 

Disclaimer: These are my personal thoughts only. The bottom line is Spreading the Joy of Safe ePayments.

 

Safe and Stylish: Unveiling World SafeePay and Blouse Day Delights

 

The need for observing World SafeePay Day and World Blouse Day arises from the absence of dedicated global celebrations for these concepts.

World SafeePay Day aims to celebrate the joy of safe electronic payments in all financial transactions, representing an abstract celebration that highlights the significance of secure and efficient digital financial interactions.

As the world increasingly relies on electronic payment systems, having a designated day for SafeePay emphasizes the importance of secure and reliable digital financial transactions.

 

On the other hand, World Blouse Day seeks to celebrate the joys of wearing blouses in a more lively and visually impactful manner.

The concept involves a powerful display of togetherness, with millions of people stepping out wearing blouses based on a chosen theme.

This display celebration not only promotes a sense of unity but also serves as a unique and creative expression of shared identity through clothing.

 

The introduction of these days aligns with the United Nations' approach to designating specific days to raise awareness, promote action, and celebrate achievements related to various global issues.

While international days often focus on serious matters, World SafeePay Day and World Blouse Day offer a mix of abstract and lively celebrations, catering to the diverse interests and aspects of modern life.

In a world where electronic transactions and cultural expressions are integral parts of daily living, these designated days would contribute to fostering awareness and appreciation for safe ePayments and the joy of wearing blouses.

 

 

SafeePay's joy, transactions secure,

World Blouse Day, colors allure.

Digits dance, a digital delight,

Blouse themes bloom, in unity's light.

 

 

UPI TRAN ID – Push for standardisation by NPCI

                  The UPI Technical specifications are very clear on the required length for UPI Transaction ID. The UPI TRAN ID is the key to track the transaction in its life cycle.

Ideally the UPI TRAN ID, should be 35 digits Alpha Numeric.

This simple guideline is not being adhered by UPI PSPs.

What is a PSP?

A high level meaning of UPI PSP is that a  PSP, or Payment Service Provider, is a financial institution or technology company that enables businesses and individuals to accept and process payments from customers.

 

PSPs play an important role in the whole UPI transaction flow.

Apart from other activities, UPI PSPs acts as an intermediary between the merchant (seller) and the acquiring bank or card networks.

PSPs provide a range of services and tools to facilitate seamless payment transactions, both online and offline.

It is very important for PSPs to adhere to the UPI technical guidelines to minimise damages to the sender and receiver of the UPI transaction.

Hence, it is very surprising to note that PSPs are unable to follow a simple guideline regarding the length of the UPI TRAN ID.

Simply put, UPI tech guidelines specify that the UPI TRAN ID should be 35 digits Alpha Numeric.

Yes, not 34 or 36 or some other number, it should be 35 digits only. Nothing More, Nothing Less.

NPCI has observed that the UPI TRAN ID ranged from 4 digits to 35 digits.

Such anomalies cause transactions to fail and upset both the sender and the receiver of the funds.

To bring in uniformity, NPCI has informed to the PSPs that the validation of the UPI TRAN ID will be brought in the central system.

The exact Go Live date will be communicated separately to the participants.

As the tech guidelines are already in place, it is preferred to all the participants to adhere to the 35 Digit rule, and do not wait till the last date.

Please note that the UPI TRAN ID is different from the UPI Reference Number.

Q: What is UPI Reference Number?

Ans: Each UPI transactions should have a UPI Reference Number.

The UPI Reference number is 12 digit long, unique and associated with each transaction.

This NPCI circular focusses on the 35 Digit UPI TRAN ID.

 

It is generated for every transaction and allows users to track their transactions.

 

If users have any queries about a transaction, they can check the UPI Reference Number tracking associated with the payment and use it to fetch all the details.

The relevant NPCI UPI Circular can be read here @ https://www.npci.org.in/PDF/npci/upi/circular/2024/UPI-OC-193-FY-23-24-Non-Compliance-to-TXNID.pdf

Disclaimer: These are my personal thoughts only. The bottom line is Spreading the Joy of Safe ePayments.

 

Safe and Stylish: Unveiling World SafeePay and Blouse Day Delights

 

The need for observing World SafeePay Day and World Blouse Day arises from the absence of dedicated global celebrations for these concepts.

World SafeePay Day aims to celebrate the joy of safe electronic payments in all financial transactions, representing an abstract celebration that highlights the significance of secure and efficient digital financial interactions.

As the world increasingly relies on electronic payment systems, having a designated day for SafeePay emphasizes the importance of secure and reliable digital financial transactions.

 

On the other hand, World Blouse Day seeks to celebrate the joys of wearing blouses in a more lively and visually impactful manner.

The concept involves a powerful display of togetherness, with millions of people stepping out wearing blouses based on a chosen theme.

This display celebration not only promotes a sense of unity but also serves as a unique and creative expression of shared identity through clothing.

 

The introduction of these days aligns with the United Nations' approach to designating specific days to raise awareness, promote action, and celebrate achievements related to various global issues.

While international days often focus on serious matters, World SafeePay Day and World Blouse Day offer a mix of abstract and lively celebrations, catering to the diverse interests and aspects of modern life.

In a world where electronic transactions and cultural expressions are integral parts of daily living, these designated days would contribute to fostering awareness and appreciation for safe ePayments and the joy of wearing blouses.

 

 

SafeePay's joy, transactions secure,

World Blouse Day, colors allure.

Digits dance, a digital delight,

Blouse themes bloom, in unity's light.

 

 

 

 

 

NPCI Bharat BillPay Partners with SBI for NCMC Recharge

 Revolutionizing Transit Payments: NPCI Bharat BillPay Partners with SBI for NCMC Recharge

In a significant stride towards enhancing commuter convenience, NPCI Bharat BillPay Limited (NBBL), a subsidiary of the National Payments Corporation of India (NPCI), has teamed up with State Bank of India (SBI) to introduce National Common Mobility Card (NCMC) recharge as a new biller category. This collaboration aims to streamline transit payments, particularly for users of SBI NCMC cards.

          Multiple banks in India offer NCMC cards as part of their business strategy. However, it was a pain for the card holders to top up their NCMC cards. This pain minimised the plus points of NCMC cards.  Now, a beginning has been made with SBI NCMC getting onboarded on to the BBPS platform.

 

About NCMC - The National Common Mobility Card, launched by the Ministry of Housing and Urban Affairs of the Government of India, is an inter-operable transport card enabling users to pay for travel, toll duties, retail shopping, and withdraw money.

It offers contactless smart card technology and was launched on March 4, 2019, by NPCI.

 

The initiative, which went live on April 18, 2024, encompasses various metro networks including Noida, Nagpur, Chennai, and Kanpur, along with specific lines of the Mumbai Metropolitan Region Development Authority (MMRDA) and even services at the Parliament Canteen.

Initially available through SBI's Bharat BillPay-enabled application, SBI Unipay, this service will soon extend to other Bharat BillPay-enabled frontend platforms.

 

The introduction of NCMC recharge as a biller category offers a seamless online solution for commuters to conveniently top-up their cards, eliminating the need for long queues and ensuring a hassle-free experience.

With the flexibility to recharge up to INR 10,000 online via Bharat BillPay-enabled platforms, customers can use various payment methods including prepaid, debit, and credit cards.

After a successful recharge, users simply need to tap their NCMC cards on terminals to update their balance. This is a prerequisite for the actual balance up dation in the NCMC card to happen. So, folks do remember this and do not forget.

 

Ms. Noopur Chaturvedi, CEO of NPCI Bharat BillPay, expressed gratitude towards SBI for co-creating and launching this new category, emphasizing the enhancement it brings to the daily transit experience of NCMC cardholders. This move underscores NPCI's commitment to easing digital payments with the reliability and safety of the Bharat BillPay platform.

 

Mr. Mahesh Kumar Sharma, DMD (Transaction Banking & New Initiatives) at State Bank of India, echoed the sentiment, highlighting the industry-first offering's potential to revolutionize commuter experiences. By leveraging SBI Unipay and other Bharat BillPay-enabled platforms, SBI NCMC cardholders can enjoy instant and secure top-up options, bypassing long queues and ensuring a smooth transit experience.

 

The process for recharging NCMC cards via Bharat BillPay-enabled platforms is straightforward:

1. Open SBI Unipay (or other Bharat BillPay enabled frontend platforms)

2. Choose the NCMC category

3. Select the biller

4. Input mobile number & last 4 digits of NCMC card number

5. Enter the recharge amount

6. Make the payment

7. Tap the card on terminals to update the balance on the NCMC card.

 

About SBI Unipay - SBI Unipay is an online bill payment system launched by SBI, offering convenient and accessible services across all banking channels. With the facility to pay bills anytime, anywhere, and support for multiple payment modes, SBI Unipay ensures instant and verifiable confirmation of payments, along with standardized complaint and dispute management processes.

Well, this is an eye opener for me. I did not know that SBI had a separate Bill Payment Portal / APP.

**Multiple Biller Categories Supported**

SBI Unipay supports bill payments for various categories, including recharge & utility bills such as mobile, electricity, DTH, broadband, gas, cable TV, and FasTag, as well as institution fees for schools, colleges, subscriptions, and other categories like life, general, and health insurance, and municipality taxes.

 

**Multiple Payment Modes Supported**

BBPS facilitates a plethora of payment modes including cash, wallet, credit cards, debit cards, UPI, prepaid cards, net banking, and ATM transactions.

 

**Multiple Payment Channels Supported**

Customers can access multiple channels for bill payment, including net banking, YONO, mobile banking, BHIM SBI PAY, RRB, FIGS, agents, business correspondents, and ATMs.

 

**Nation First Transit Card by SBI**

State Bank of India's Nation First Transit Card is a contactless dual-interface prepaid card designed for safe, secure, and seamless payments. Apart from transit usage in NCMC-enabled modes, it offers extended usability for retail payments and e-commerce transactions. The card features chip protection for enhanced security, tap-and-pay functionality, and convenient top-up/recharge options.

 

With a minimum top-up amount of Rs. 100 and a maximum limit of Rs. 2000, the Nation First Transit Card ensures cashless travels in metros, buses, ferries, and offers ease of use at designated SBI branches and metro stations.

 

**About BBPS**

Bharat BillPay is a platform conceptualized by the RBI to simplify collections and settlements by connecting businesses and customers across India.

With technological solutions facilitating payments via physical outlets and digital channels, BBPS offers fast settlements, supports multiple payment modes, and provides access to over 21,000 billers nationwide.

The collaboration between NPCI Bharat BillPay and SBI marks a significant milestone in the realm of digital payments, particularly in transit systems, promising enhanced convenience, efficiency, and security for commuters across India.

As more platforms and biller categories come onboard, the landscape of digital payments continues to evolve, offering greater accessibility and ease of use for consumers nationwide.

Kudos to State Bank of India for taking the first step, this step will motivate other NCMC Issuer Banks to quickly onboard BBPS.

Eagerly waiting for other NCMS Issuer Banks to follow SBI.

 

 

 

 

 

 

 

 

 

Disclaimer: These are my personal thoughts only. The bottom line is Spreading the Joy of Safe ePayments.

 

Safe and Stylish: Unveiling World SafeePay and Blouse Day Delights

 

The need for observing World SafeePay Day and World Blouse Day arises from the absence of dedicated global celebrations for these concepts.

World SafeePay Day aims to celebrate the joy of safe electronic payments in all financial transactions, representing an abstract celebration that highlights the significance of secure and efficient digital financial interactions.

As the world increasingly relies on electronic payment systems, having a designated day for SafeePay emphasizes the importance of secure and reliable digital financial transactions.

 

On the other hand, World Blouse Day seeks to celebrate the joys of wearing blouses in a more lively and visually impactful manner.

The concept involves a powerful display of togetherness, with millions of people stepping out wearing blouses based on a chosen theme.

This display celebration not only promotes a sense of unity but also serves as a unique and creative expression of shared identity through clothing.

 

The introduction of these days aligns with the United Nations' approach to designating specific days to raise awareness, promote action, and celebrate achievements related to various global issues.

While international days often focus on serious matters, World SafeePay Day and World Blouse Day offer a mix of abstract and lively celebrations, catering to the diverse interests and aspects of modern life.

In a world where electronic transactions and cultural expressions are integral parts of daily living, these designated days would contribute to fostering awareness and appreciation for safe ePayments and the joy of wearing blouses.

 

 

SafeePay's joy, transactions secure,

World Blouse Day, colors allure.

Digits dance, a digital delight,

Blouse themes bloom, in unity's light.

 

 

Amazon Pay plans to attract volumes via Credit on UPI

As per news articles, Amazon Pay is seriously considering adopting a more aggressive approach to grow its lending portfolio.

The plans seem to be in advanced stage, and I am eagerly waiting for the complete details.

With the recent NPCI Circular on three new features for ‘Credit on UPI’, Amazon Pay has a wide choice.

Link to my blog on the 3 new features on ‘Credit on UPI’

https://prashantnepayments.blogspot.com/2024/04/npci-circular-upi-members-introduction.html

 

 

Revolutionizing Digital Payments: Amazon Pay's Venture into UPI Credit and  NPCI's Innovative Features

 

In the ever-evolving realm of digital payments, innovation and convenience remain paramount.

Amazon Pay, a prominent player in the digital payment landscape, is poised to elevate user experiences further by venturing into offering credit on the Unified Payments Interface (UPI).

With over 100 million customers already utilizing Amazon Pay UPI for various transactions, this move is set to revolutionize how users manage their finances.

The recall value of Amazon Pay is high, and this recall value should enable Amazon Pay to quickly improve the volumes.

Amazon Pay's collaboration with the National Payments Corporation of India (NPCI) underscores its commitment to innovation.

Vikas Bansal, Amazon Pay India's whole-time director, highlights the company's objective to enhance customer experience and value proposition through initiatives like credit on UPI.

This move aligns seamlessly with Amazon Pay's existing offerings, such as Amazon Pay Later, which allows customers to make purchases using equated monthly installments.

 

Despite the potential of credit on UPI, challenges such as the interchange fee structure and lower adoption among smaller merchants have hindered its growth. Bansal emphasizes the importance of setting merchant discount rates to incentivize all players in the ecosystem, ensuring mutual benefits.

 

Amazon Pay's extensive merchant network, comprising over 8.5 million offline merchants and partnerships with over 10,000 online merchants, positions it as a key player in driving the adoption of credit on UPI.

 

Moreover, NPCI's recent circular dated March 29th, 2024, introduces three groundbreaking features tailored for Credit Accounts within the UPI ecosystem.

These features aim to enhance user experiences and provide greater flexibility in managing financial transactions.

 

The first feature, the EMI facility, allows users to convert past purchases into manageable EMIs seamlessly. Whether it's converting past transactions or opting for EMI at the point of sale, users gain unprecedented flexibility in managing their credit accounts.

In my view, the EMI facility for past purchases can be the main differentiator. The guidelines offer Amazon Pay to try out innovative features on EMI facility.

The second feature streamlines the process of settling outstanding bills or installments through the UPI app, offering users enhanced convenience and transparency.

 

Lastly, the limit management feature empowers users to exercise greater control over their credit limits, catering to diverse financial needs and preferences.

 

These features underscore NPCI's commitment to driving digital financial inclusion and innovation. By embracing these advancements, users can navigate the digital payments landscape with confidence and convenience.

 

As these features prepare to roll out, Amazon Pay stakeholders across the digital payment’s ecosystem will be waiting to explore and leverage them to their fullest potential.

 

Together, a future can be shaped where digital financial inclusion knows no bounds.

 

 

 

Disclaimer: These are my personal thoughts only. The bottom line is Spreading the Joy of Safe ePayments.

 

Safe and Stylish: Unveiling World SafeePay and Blouse Day Delights

 

The need for observing World SafeePay Day and World Blouse Day arises from the absence of dedicated global celebrations for these concepts.

World SafeePay Day aims to celebrate the joy of safe electronic payments in all financial transactions, representing an abstract celebration that highlights the significance of secure and efficient digital financial interactions.

As the world increasingly relies on electronic payment systems, having a designated day for SafeePay emphasizes the importance of secure and reliable digital financial transactions.

 

On the other hand, World Blouse Day seeks to celebrate the joys of wearing blouses in a more lively and visually impactful manner.

The concept involves a powerful display of togetherness, with millions of people stepping out wearing blouses based on a chosen theme.

This display celebration not only promotes a sense of unity but also serves as a unique and creative expression of shared identity through clothing.

 

The introduction of these days aligns with the United Nations' approach to designating specific days to raise awareness, promote action, and celebrate achievements related to various global issues.

While international days often focus on serious matters, World SafeePay Day and World Blouse Day offer a mix of abstract and lively celebrations, catering to the diverse interests and aspects of modern life.

In a world where electronic transactions and cultural expressions are integral parts of daily living, these designated days would contribute to fostering awareness and appreciation for safe ePayments and the joy of wearing blouses.

 

 

SafeePay's joy, transactions secure,

World Blouse Day, colors allure.

Digits dance, a digital delight,

Blouse themes bloom, in unity's light.