Ashwin Manikandan
- Indexed articles, last 90 days
- 4
- Latest publication
- Sep 18, 2026
- Outlet visibility, for DealStreetAsia
- Top 5M sites
- Earliest in this view
- Jul 28, 2026
Latest articles
Apple Pay eyes India rollout with Axis Bank credit cards (opens the original)
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Apple is poised to launch Apple Pay in India next month with Axis Bank‘s credit cards, three sources familiar with the matter said, as it works to expand support among the country’s lenders. The launch, starting with a single major banking partner, would help the US company offer its payment service in the world’s most populous country, one of the few major economies where it is not available. Mumbai-based Axis Bank is the fourth-largest credit card issuer in India. Apple Pay has also been in di
India's new UPI fee faces retailer, broker pushback (opens the original)
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India’s decision to start charging some merchant payments under its popular Unified Payments Interface has drawn opposition from retailer bodies, with businesses warning the move could squeeze margins ahead of a crucial festival period. On Tuesday, the National Payments Corp said it would charge a 0.4% merchant fee on transactions above Rs 2,000 ($20), ending more than six years of zero-cost payments that fuelled UPI‘s rapid adoption. The move has been backed by the federal government and centra
India launches tap-and-pay option in UPI ahead of full Apple Pay rollout (opens the original)
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India‘s payments authority launched a tap-and-pay option in its real-time payments network on Thursday, ahead of an expected full launch of Apple Pay in the country. The Unified Payments Interface (UPI), operated by the National Payments Corporation of India (NPCI), is the world’s largest retail fast-payment system by transaction volume, according to a 2025 IMF report. It processed 24.51 billion transactions worth 29.82 trillion rupees ($314.21 billion) in August, latest data showed. The feature
India court orders winding up of Paytm Payments Bank (opens the original)
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India’s central bank said on Tuesday that the Delhi High Court has ordered the winding up of Paytm Payments Bank and appointed a former State Bank of India executive as the official liquidator, marking the final step in the closure of the payments bank following a prolonged regulatory crackdown. The Reserve Bank of India had cancelled the banking licence of Paytm Payments Bank on April 24 and subsequently approached the court seeking winding-up proceedings and the appointment of a liquidator. “T
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