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Wire · technology

RBI launches UPI tap-to-pay, multi-currency forex on Bharat Connect

11 September 2026 · By · Wire by Fusion42

Published

11 September 2026

Topic

technology

◆ Sectors

Fintech

◆ Geography

India

◆ Source

Read at m.rediff.com →

◆ Verified

Fusion42 · 12 September 2026 · Fusion42 review

The Reserve Bank of India has introduced UPI tap-to-pay allowing PIN-less transactions up to ₹5,000 using NFC technology, and expanded Bharat Connect's forex platform to support multiple international currencies including Euro, British Pound, and UAE Dirham.

This Wire brief sits within Fusion42's coverage of Fintech, and 7 sources have reported it between 10 Sep 2026 and 14 Sep 2026.

◆ ◆ The Wire takeaway

India's UPI updates make tap-to-pay easier and expand currency options, forcing fintech founders to integrate NFC and forex features or risk losing access to growing transaction volumes.

◆ Coverage

7 sources · first reported 10 Sep 2026 · latest 14 Sep 2026

◆ Related on Wire

◆ Topics

Fintechupitap-to-paymulti-currency-forexbharat-connectnfc-payments