Amey Nayak

The RBI published its final Directions on Authentication yesterday, a landmark move that will redefine digital payments in India and take us beyond the OTP. This opens the door for exciting new technologies. Our new video is a deep dive into the most significant of these: the 'inherence' factor (biometrics). Our experts Ishan Sharma and Rishi Sharma explain: ✅ How your Face ID or fingerprint will soon approve payments. ✅ The "secure chip" technology that makes this method ultra-safe. ✅ Why this shift will dramatically reduce payment failures and improve user experience. Watch the full deep dive in the video to see how biometrics will create a more seamless payment experience in India. #RBI #DigitalPayments #Authentication #Fintech #Biometrics #CustomerExperience #UX Want to start with the fundamentals? The link to our introductory video is in the comments.

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In a move set to shake up India’s digital payments market, state-owned telecom giant BSNL India is preparing to roll out its own UPI-based payment service, BSNL Pay, by Diwali 2025. Unlike a standalone app, BSNL Pay will be integrated directly into the BSNL Selfcare app, making it easily accessible for the company’s existing users. The service will run on NPCI’s BHIM infrastructure, enabling secure and seamless online transactions. This development could pose fresh competition to established players like PhonePe, Google Pay, and Paytm, while also offering BSNL subscribers a built-in, government-backed alternative for digital payments. Though the official launch date has not been confirmed, early sightings of promotional banners indicate the rollout is in motion. #bsnl #launches #UPI #bsnlPay #startupUpdates #startupro

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𝐔𝐏𝐈 𝐧𝐨𝐰 𝐚𝐜𝐜𝐨𝐮𝐧𝐭𝐬 𝐟𝐨𝐫 𝟖𝟓% 𝐨𝐟 𝐈𝐧𝐝𝐢𝐚’𝐬 𝐫𝐞𝐭𝐚𝐢𝐥 𝐝𝐢𝐠𝐢𝐭𝐚𝐥 𝐩𝐚𝐲𝐦𝐞𝐧𝐭𝐬. While banks enable UPI’s scale, control of the customer interface has shifted to third-party apps. Sustaining primacy requires 𝐫𝐞𝐢𝐦𝐚𝐠𝐢𝐧𝐢𝐧𝐠 𝐔𝐏𝐈 𝐚𝐬 𝐚 𝐩𝐫𝐨𝐝𝐮𝐜𝐭 𝐩𝐥𝐚𝐭𝐟𝐨𝐫𝐦 - anchoring engagement in bank apps, enabling differentiated offerings, and shaping long-term growth.   In our latest blog, Mehul Mistry, SVP – Customer Success, Strategy & Growth at Zeta, reflects on why the next phase of UPI will be led by banks that innovate at the product layer, and how payments can evolve into a lever for revenue, engagement, and primacy.   Read the full blog: https://lnkd.in/gJ7jJMTS #upi #upiinnovation #digitalpayments #zeta

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With UPI surpassing VISA in transactions and TPAPs dominating the payment space, banks are now aspiring to reclaim direct merchant relationships, recognizing the strategic imperative of owning this crucial segment. In this Finance Outlook India article, Mr. Debiprasad Sarangi, CEO of iServeU, highlights how banks can leverage banking infrastructure providers or TSP to shift the dominance and strengthen direct ties with merchants. 🔗 Read more: https://lnkd.in/gegVzUCJ #iServeU #FinTechs #Banks #UPI #Soundbox #BaaS

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The Times of India (TOI) recently highlighted how the new-age Lending-as-a-Service (LaaS) model is revolutionizing banking – empowering institutions to significantly cut costs and precisely meet evolving customer expectations. This insightful article, featuring perspectives from Ravish pandey, Head of Product Innovation, and Sachin Gupta, Head of Client Accounts and Engagement, dives deep into how BUSINESSNEXT is at the forefront of this transformation. Read the full TOI feature here: https://lnkd.in/duQ6pt_e #LENDINGNEXT #DigitalTransformation #BUSINESSNEXT

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Modernizing a nation’s financial backbone is no small feat. The Reserve Bank of India (RBI) revolutionized its digital lending ecosystem using WSO2’s B2B CIAM capabilities. 🔹 70+ banks connected 🔹 Near real-time data exchange 🔹 Improved regulatory compliance 🔹 Seamless scalability and security Learn how RBI leveraged WSO2 to build a secure, scalable, and interoperable system for India’s financial institutions. 📖 Read the full case study: https://lnkd.in/gys2zPtn

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Razorpay has appointed Mrityunjoy Das as Director, Domestic Payments (Strategic Accounts). In his new role, he will drive growth within the payments ecosystem and strengthen strategic partnerships to enhance Razorpay’s market presence in enterprise segments.   With over a decade of experience in enterprise strategy, client engagement, and digital payments, Mrityunjoy brings proven leadership in advancing financial solutions. His appointment marks a strategic step in Razorpay's mission to deliver tailored, high-impact payment offerings to its clients.   Focused on elevating customer value and scaling Razorpay’s retail payments footprint, Mrityunjoy will play a central role in innovating solutions that align with evolving market dynamics. His leadership is expected to reinforce the company’s commitment to delivering superior service, fostering robust partnerships, and providing seamless customer experiences in the digital payments space.   Previously, he has been part of companies such as Bajaj Allianz Life Insurance, GLOBAL VISION, Info Edge India Ltd., and PayU. #ThePortfolioMagazine #LeadershipUpdate #Razorpay #DigitalPayments #FintechIndia #StrategicGrowth #EnterpriseSolutions #ClientEngagement #PaymentsInnovation #RetailPayments #MrityunjoyDas #FintechLeadership #Partnerships #CustomerExperience #PaymentsEcosystem

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As digital economies expand, the need for interoperable, borderless payments is stronger than ever. At Money Expo India 2025, our CEO, Mr. Takeo Ueno, participated in a power-packed panel discussion with industry leaders on “Glocal Payments: Seamless Interoperability for a Connected World.” The discussion emphasized the role of innovation and collaboration in making payments smarter, faster, and accessible for everyone. #crossborder #globalpayments

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