Payments Brief · 2026-07-03 · 6 min
Payments and FinTech Daily delivers a concise, executive-level briefing on the most important developments in payments, banking, and financial technology. In today's episode: Walmart-backed PhonePe confidentially files for an IPO in India; Razorpay follows suit, testing investor confidence in diversified payments models; Flipkart invests further in Supermoney, pursuing lending and broking; India evolves payments rails to include QR-based UPI payments into EMIs; Zelle prepares for near-instant remittances using stablecoin; Reserve Bank of India explores a system-wide ‘kill switch’ for fraud mitigation. Today's episode is
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