Payment Infrastructure News

Citi's participating bank clients can now reach three domestic instant payment rails through a single Citi account structure, without local banking relationships, bilateral agreements or country-specific technical infrastructure.

NPCI's September data release lands two weeks before a 0.4 percent merchant discount rate starts applying to person-to-merchant UPI payments above Rs 2,000 on 15 October 2026.

August's R$3.73 trillion in value was below July's R$3.80 trillion. The count comes from the central bank's broader Pix series, which includes transactions settled outside the SPI.

Australian Payments Plus, whose PayID addressing runs on the New Payments Platform (NPP), and Bizum are among the 14 named participants. Swift also cites Pix, but Banco Central do Brasil is not on the list, and the release sets no launch date.

The operator of RTP and CHIPS picked Quant for its tokenized deposit network and expects it to be available to participating institutions in the first half of 2027. The 24 September release names no participating bank and does not identify the ledger.

The international portion of each transaction will continue to travel through established correspondent banking arrangements.

The Eurosystem's plan to reach Brazil now joins its other instant-payment interlinking projects: membership of Nexus Global Payments, a bilateral link to India's Unified Payments Interface, and a bilateral link to the Swiss Interbank Clearing Instant Payments system, all named by the ECB in the same notice.

Belgian payment provider Payworld has joined the providers enabling Wero acceptance among Belgian merchants.

STEP2 SDD Core collections averaged 44,457,183 a day in the same month, EBA Clearing's statistics page shows.

Fnac Darty joined Orange, Decathlon and Air France at a BNP Paribas press conference in Paris on 8 September to announce the first Wero for Merchants deployments.

RBI Governor Sanjay Malhotra announced the platform at Global Fintech Fest 2026 in Mumbai on September 10, 2026.

Value cleared through the operator's instant credit transfer service reached €9.3 billion daily during that month.

The French lender's merchant acquiring for the wallet also extends to Germany, Belgium, the Netherlands and Luxembourg.

Twenty-four central banks already participate in the cross-border settlement platform, according to the network's own figures.

Tap & Pay transactions can run over the POS terminal's internet connection instead of the user's mobile data.

The migration window for Sweden's alias payments opened on 8 September 2026 and closes on 27 November 2026.

EPI gains a French acquirer for a wallet that now counts 59 million users across Belgium, France and Germany.

Priority-sector borrowers in India can now spend from sanctioned Kisan Credit Card and MUDRA limits at merchants over UPI rails rather than drawing cash or seeking a fresh disbursal.

Brazil's instant payment system has entered a formal Eurosystem assessment as a candidate for a central bank-to-central bank cross-border connection. The review covers legal, technical, security and operational questions and is due to close this month, ahead of a reported four-stage path that would reach a working trial in mid-2028.

A two-week postponement pushes the T2, T2S, TIPS and ECMS release weekend to the end of November 2026 while leaving the planned functional scope of the releases unchanged.

Brazil's instant payment system overtook the peak of 313.3 million payments that had stood since 5 December 2025. Settlement data from the central bank shows the new high landed on a payday at the start of the month.

Kantar surveyed more than 5,000 respondents across France, Germany, Belgium, the Netherlands and Luxembourg for EPI's annual study, published on 3 September 2026.

The largest credits are reserved for institutions that enable FedNow send and also participate in the FedACH Receipt Discount Program.

Value cleared through Poland's Elixir batch system rose 4 percent year on year to PLN 798.85 billion in August 2026.

The Wero app is listed in Luxembourg app stores from 1 September 2026 and in most European app stores from 7 September 2026.

NPCI's monthly release put the older instant rail at 11.61 million transactions a day last month. Average daily value on IMPS came to Rs 22,701 crore.

The Eurosystem decided on 28 August to reassess its November 2026 TARGET Services releases with the European financial industry after Swift extended the Standards Release 2026 timeline.

Swift said on 27 August 2026 that it will defer all payments changes in Standards Release 2026 after several communities formally asked Swift and their domestic payment market infrastructures for more time to comply.

Fedwire's next message-format update slips twelve months as the Fed lines up with peer market infrastructures on timing.

Indian visitors will be able to scan Uzbekistan's unified national QR code from their existing UPI apps once the rollout begins, after regulators in both countries cleared the arrangement.