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Globbel launches cross-border ecommerce platform promising global expansion in weeks across 16 markets

Globbel launches cross-border ecommerce platform promising global expansion in weeks across 16 markets

Globbel has officially launched a unified cross-border ecommerce platform aimed at helping brands expand internationally across 16 markets in weeks rather than years. The system combines logistics orchestration, localized payments, tax and regulatory compliance, and marketplace or D2C storefront integrations into a single operating layer—built on Stelcore infrastructure that supports thousands of brands.

Summarised by Beize from a story on YourStory on 15 May 2026
Fintechs embrace licences to tame growth risks and unlock wider revenue across India

Fintechs embrace licences to tame growth risks and unlock wider revenue across India

India’s biggest fintech firms are shifting from disruption to regulation by actively chasing multiple licences across payments, lending, and wealth management. Companies such as PB Fintech, Mobikwik, and Paytm are using licensed operations to manage the full customer lifecycle and grow revenues, helped by regulatory pressure and stronger investor confidence in compliant models.

Summarised by Beize from a story on The Economic Times on 14 May 2026

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CEA Nageswaran urges firms to pay MSMEs on time to cut funding costs

CEA Nageswaran urges firms to pay MSMEs on time to cut funding costs

Chief Economic Advisor V Anantha Nageswaran asked large companies to release working capital to MSMEs without delays. He said quicker payments can ease MSMEs’ working-capital crunch and reduce their funding costs, which often climb when invoices stretch. The appeal targets payment timelines as a lever to improve liquidity across the MSME ecosystem.

Summarised by Beize from a story on The Economic Times on 12 May 2026
Razorpay cuts offline push and bets on omnichannel payments for sellers

Razorpay cuts offline push and bets on omnichannel payments for sellers

Razorpay is scaling back its offline expansion after sluggish growth in that vertical. Instead, it’s concentrating on merchants that need both online and offline payment solutions following its Ezetap acquisition. The move supports Razorpay’s IPO preparations and a focus on strengthening a more profitable core business rather than expanding field operations aggressively.

Summarised by Beize from a story on The Economic Times on 8 May 2026
Meesho board approves up to Rs 100 crore infusion into payments arm MPPL

Meesho board approves up to Rs 100 crore infusion into payments arm MPPL

Meesho’s board has approved an investment of up to Rs 100 crore into its payments subsidiary, Meesho Payments Private Limited (MPPL). The capital will flow via share subscriptions, including a rights issue, to strengthen MPPL’s operations and growth. Meesho says the move will also improve MPPL’s ability to meet regulatory requirements and expand its payment services.

Summarised by Beize from a story on The Economic Times on 6 May 2026
PhonePe launches AI tool cutting payment gateway integrations from weeks to minutes

PhonePe launches AI tool cutting payment gateway integrations from weeks to minutes

PhonePe has unveiled an AI-driven system, powered by AI coding assistants and its “Integration Intelligence,” aimed at speeding up merchant payment gateway integrations. The company says the process that typically takes weeks can now be completed in minutes, enabling faster onboarding and earlier payment acceptance—especially benefiting small and medium businesses.

Summarised by Beize from a story on The Economic Times on 6 May 2026

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Amex ACE lets AI agents shop and pay with intent contracts and single use tokens

Amex ACE lets AI agents shop and pay with intent contracts and single use tokens

American Express is rolling out its Agentic Commerce Experiences kit to let AI agents register, receive permission, follow an “intent contract,” and pay using single-use tokens within the Amex network. The system emphasizes control and proof during disputes, but its validation logic is still largely opaque, raising trust and auditability concerns outside Amex’s closed loop.

Summarised by Beize from a story on Venture Beat on 4 May 2026
RBI names Rojit Jain as deputy governor with sweeping IT fintech and markets oversight

RBI names Rojit Jain as deputy governor with sweeping IT fintech and markets oversight

RBI has appointed Rojit Jain as a new deputy governor for a three-year term, effective Monday. He has taken over several key departments previously managed by T Rabi Sankar, while Shirish Chandra Murmu now oversees currency management and payment systems. Jain will also steer areas spanning IT, fintech, and financial markets, broadening the RBI’s tech and market focus.

Summarised by Beize from a story on The Economic Times on 4 May 2026
UAE Visa card payments set to speed up as local settlement replaces delays

UAE Visa card payments set to speed up as local settlement replaces delays

Visa card payments in the UAE are expected to feel noticeably faster after Emirates NBD was appointed as the National Net Settlement Service agent. Domestic card transactions can be settled locally in dirhams, cutting processing time and reducing dependence on international rails for routine purchases.

Summarised by Beize from a story on The Economic Times on 4 May 2026
Tech Mahindra to buy 85 percent stake in Canada wealth firm for CAD 28 million

Tech Mahindra to buy 85 percent stake in Canada wealth firm for CAD 28 million

Tech Mahindra plans to acquire an 85% stake in Canadian wealth management firm Avant Techno Solutions for CAD 28 million. The move is designed to strengthen its BFSI capabilities, with a focus on payments modernization and wealth platform services. The acquisition is expected to close by July 31, supporting financial institutions as they push through digital transformation.

Summarised by Beize from a story on The Economic Times on 1 May 2026

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Stripe launches Link wallet letting AI agents shop with your approval flows

Stripe launches Link wallet letting AI agents shop with your approval flows

Stripe has introduced Link, a digital wallet designed for everyday payments and for the next wave of AI agents. Users can connect cards, banks, and subscriptions, then grant AI agents permission to spend through secure approval flows—aiming to automate shopping without handing over full control.

Summarised by Beize from a story on TechCrunch on 30 Apr 2026
PayU bets on AI agentic commerce as UPI surges transform payments

PayU bets on AI agentic commerce as UPI surges transform payments

PayU is accelerating an AI-led payments strategy to support agentic commerce as UPI usage and digital transactions continue to climb. The company says it’s investing in automation alongside trust and compliance layers, enabling faster, high-frequency payments. AI use cases are expanding across merchant onboarding, risk management, and customer support as it scales operations.

Summarised by Beize from a story on The Economic Times on 30 Apr 2026
Ecommerce fraud turns Jamtara style device farming networks drain accounts at scale

Ecommerce fraud turns Jamtara style device farming networks drain accounts at scale

A new wave of eCommerce fraud is spreading in India, with organised groups using device farming to run large-scale scams. Reports say these networks exploit returns and cashback incentives, then target accounts with saved payment details for high-value transactions. The activity is concentrated in tech hubs, forcing platforms to tighten security without harming user experience.

Summarised by Beize from a story on The Economic Times on 29 Apr 2026
RBI cancels Paytm Payments Bank license as Paytm shares brace for fallout

RBI cancels Paytm Payments Bank license as Paytm shares brace for fallout

Paytm shares are likely to stay volatile after the RBI cancelled Paytm Payments Bank’s licence, forcing the bank’s closure. Paytm says there should be no material impact because the banking unit was already separated earlier. Bernstein, though wary about the RBI’s regulatory tone, believes disruption will be limited and that licensing opportunities may still emerge.

Summarised by Beize from a story on The Economic Times on 27 Apr 2026

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RBI cancels Paytm Payments Bank licence leaving Paytm users facing uncertainty

RBI cancels Paytm Payments Bank licence leaving Paytm users facing uncertainty

The RBI has cancelled the licence of Paytm Payments Bank, saying it can no longer conduct banking business under the Banking Regulation Act. The move raises fresh questions for customers and the wider Paytm ecosystem, as the regulator formally ends the bank’s authority to operate. Details on next steps for users are now the key focus.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
India eyes CBDC to patch welfare leaks and potentially rival China’s digital yuan scale

India eyes CBDC to patch welfare leaks and potentially rival China’s digital yuan scale

India is moving cautiously on a central bank digital currency, aiming not just for payments tech but to reduce leakages in welfare delivery. Though its early rollout looks small next to China’s massive e-yuan adoption, officials believe a successful system could scale quickly—potentially making India one of the world’s biggest CBDC issuers.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
RBI draft rules tighten PPI compliance while expanding UPI linked wallets for foreign visitors

RBI draft rules tighten PPI compliance while expanding UPI linked wallets for foreign visitors

The RBI has released draft guidelines for prepaid payment instruments, focusing on stronger compliance and better customer protection. The proposal highlights expanded use of UPI-linked wallets for foreign visitors and deeper integration between prepaid instruments and UPI rails. The RBI also plans stricter handling of dormant balances, signaling tighter oversight for issuers and platforms.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
UPI banks choke under volume growth two practical fixes can restore speed and reliability

UPI banks choke under volume growth two practical fixes can restore speed and reliability

NPCI’s profits are rising, but banks running UPI payments are struggling to handle the growing transaction load. Industry guidance points to performance upgrades that range from quick, straightforward changes to more complex system overhauls. The goal is to keep UPI processing fast and reliable as volumes surge.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026

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1Pay bets FASTag momentum can remake trucking into a logi fintech empire

1Pay bets FASTag momentum can remake trucking into a logi fintech empire

Logi-fintech firm 1Pay says it can bring structure to India’s vast, fragmented trucking ecosystem by leveraging the widespread adoption of FASTag. The company’s growth plan banks on digital payments and better fleet operations, but it also has to compete in a crowded field where other players are pushing similar logistics-tech digitisation.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
MeitY exempts non real money online games from mandatory registration—real money faces tougher checks

MeitY exempts non real money online games from mandatory registration—real money faces tougher checks

MeitY has announced new rules for online games, exempting games without real money stakes from mandatory registration. Real money games will face stricter evaluation, while banks and payment firms will be responsible for enforcing bans. Competitive e-sports will be classified separately, and required user safety features are set to apply across platforms.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
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