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NPCI Unveils UPI 'Tap & Pay' and MyUPI; Sebi Launches Corporate Bonds Tokenisation

  • Securities and Exchange Board of India launched 'Demat 2.0', a pilot project for tokenisation of corporate bonds enabling instant atomic settlement connected to RBI's wholesale CBDC via Unified Market Interface, enhancing transaction efficiency and reducing errors in securities markets.
  • National Payments Corporation of India introduced two new UPI features at the Global Fintech Fest: UPI 'Tap & Pay', enabling contactless payments on NFC-enabled POS terminals without requiring mobile internet, and MyUPI, an AI-powered customer support platform built on NPCI's Small Language Model FiMI.
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The Hindu Business Line broke the news in Chennai, India on Thursday, September 10, 2026.
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