Product Launch · Payments · 2025

RBI launches UPI Multi-Signatory, wearable payments, and FX retail integration

Reserve Bank of India launched product launch on October 7, 2025.

Primary
Reserve Bank of India
Counterparty
NPCI Bharat BillPay Ltd., Clearing Corporation of India Limited
Structure
product launch
Date
October 7, 2025
Sub-sector
Payments

Three UPI enhancements expand digital payment accessibility via joint accounts, wearable devices, and retail forex integration on BBPS platform.

Primary company
Reserve Bank of India
Amount
Not disclosed
Event date
October 7, 2025
Sub-sector
Payments
HQ
Not disclosed
Structure
product launch
Source published
October 7, 2025
Publisher
IBTimes India

Source: ibtimes.co.in