India, Spain Advance UPI-Bizum Payment Talks

India and Spain are advancing interoperability talks between UPI (India's real-time payments system) and Bizum (Spain's peer-to-peer payments platform), signalling a move towards cross-border payment corridor integration between two major emerging and developed markets. If you build cross-border payment infrastructure or merchant acquiring software, two of the world's largest real-time payment networks just decided to talk to each other. That means the plumbing between India and Europe is about to change, and someone needs to integrate it.