{"slug": "india-s-payments-regulator-rolls-tap-to-pay-outside-visa-and-mastercard-networks", "title": "India's payments regulator rolls tap to pay outside Visa and Mastercard networks", "summary": "The Reserve Bank of India (RBI) Governor Sanjay Malhotra unveiled two new UPI capabilities at GFF 2026: UPI 'Tap & Pay', which lets users make payments by unlocking an NFC-enabled smartphone and tapping it on an NFC-enabled Point-of-Sale terminal, and MyUPI, an AI-powered platform delivering intelligent enhancements to UPI Help. The launch was attended by NPCI Non-Executive Chairman and Independent Director Ajay Kumar Choudhary, along with senior bankers and FinTech founders. The RBI said the additions aim to bring greater speed, convenience and intelligence to digital payments across the UPI ecosystem.", "body_md": "The Reserve Bank of India (RBI) Governor, Shri Sanjay Malhotra, today unveiled new UPI capabilities at GFF 2026, bringing greater speed, convenience and intelligence to digital payments.  \nUPI ‘Tap & Pay’ - Enables faster UPI payments by simply unlocking an NFC-enabled smartphone and tapping it on an NFC-enabled Point-of-Sale (POS) terminal.  \nMyUPI - An AI-powered platform that provides a suite of intelligent, customer-centric enhancements in UPI Help, aimed at strengthening trust, safety and convenience across the UPI ecosystem.  \nThe launch took place in the presence of Shri Ajay Kumar Choudhary, Non-Executive Chairman and Independent Director, NPCI, along with senior bankers, FinTech founders, and other participants from the banking and FinTech ecosystem.  \nFor more detail please click here:", "url": "https://wpnews.pro/news/india-s-payments-regulator-rolls-tap-to-pay-outside-visa-and-mastercard-networks", "canonical_source": "https://twitter.com/npci_npci/status/2098072369973825677", "published_at": "2026-09-12 18:31:28+00:00", "updated_at": "2026-09-12 18:50:37.301583+00:00", "lang": "en", "topics": ["ai-products", "artificial-intelligence"], "entities": ["Reserve Bank of India", "Sanjay Malhotra", "UPI", "UPI Tap & Pay", "MyUPI", "NPCI", "Ajay Kumar Choudhary", "GFF 2026"], "alternates": {"html": "https://wpnews.pro/news/india-s-payments-regulator-rolls-tap-to-pay-outside-visa-and-mastercard-networks", "markdown": "https://wpnews.pro/news/india-s-payments-regulator-rolls-tap-to-pay-outside-visa-and-mastercard-networks.md", "text": "https://wpnews.pro/news/india-s-payments-regulator-rolls-tap-to-pay-outside-visa-and-mastercard-networks.txt", "jsonld": "https://wpnews.pro/news/india-s-payments-regulator-rolls-tap-to-pay-outside-visa-and-mastercard-networks.jsonld"}}