eNews
Rakshit Kapoor to be Docomo Digital Country Head in India
MUMBAI: NTT Docomo, INC. has set up Docomo Digital as a new global business operation and Rakshit Kapoor will lead their India operations as the country head. This is an expansion from his previous role as country head for Buongiorno.
Utilising the expertise from parent company NTT Docomo as well as from the acquisition of international mobile commerce providers and specialists, including net mobile AG and Buongiorno SpA, Docomo Digital has created a comprehensive suite of products and services.
Docomo Digital includes the content business (mobile content products) and the m-commerce business. It is the operation unit of NTT Docomo and an advanced mobile commerce ecosystem-enabling platformer which aims to encourage financial inclusion for citizens worldwide by bringing together mobile network operators, digital and real-world merchants, financial services providers, regulators and other parties to make consumer transactions convenient, safe and with universal coverage.
Docomo Digital has created the tools and infrastructure to provide seamless mobile commerce solutions for ecosystem participants across the world. The company actively addresses regulatory and commercial issues between parties and operates a global banking-grade technical platform on which mobile commerce ecosystems can be securely built and managed.
eNews
PNB partners Kiwi to launch credit-enabled UPI for users
Targets 180 million customers; RuPay card offers 0.5 per cent to 1.5 per cent cashback
MUMBAI: Swipe, tap, or scan credit is quietly slipping into the rhythm of everyday payments, and Punjab National Bank wants in on the action. The state-run lender has partnered with Kiwi to roll out credit-enabled UPI payments for its 180 million customers, marking a significant push to blend traditional banking with India’s fast-evolving digital payments ecosystem.
At the centre of the collaboration is the launch of the PNB Kiwi Credit Card on the RuPay network. The card is designed with a digital-first approach, offering fully online onboarding and seamless integration with UPI, allowing users to transact via scan-and-pay while accessing credit.
The offering also brings in a rewards layer, with cashback ranging from 0.5 per cent to 1.5 per cent on online transactions, positioning the product as both a convenience play and a spending incentive.
The move comes as UPI continues to dominate India’s digital payments landscape, increasingly blurring the lines between debit-led transactions and credit access. For PNB, which operates over 10,000 branches around 60 per cent in semi-urban and rural areas, the partnership signals a targeted effort to extend formal credit to segments that have traditionally remained underserved.
The collaboration also reflects a broader industry shift, where banks and fintech platforms are converging to embed credit directly into payment flows, reducing friction while expanding access.
With RuPay credit cards gaining traction and UPI evolving beyond peer-to-peer transfers, the PNB–Kiwi tie-up positions both players at the intersection of scale, accessibility, and the next phase of digital finance in India.
