The Global Payments industry is in a state of dynamic flux and instant payments are catching on, especially with India having shown the way with Unified Payments Interface (UPI) that has democratised payments. Instant payments are also being used to move money across borders seamlessly. businessline caught up with Sujit Misra, Director, Product Management, Payments – APAC, Middle East, Africa & Turkey at Amazon, on the sidelines of Global Fintech Fest 2025, to understand the trends shifting the payments landscape.
Edited excerpts:
What is the main agenda motivating the instant payment landscape?
Within the whole regulatory landscape across APAC and for MENA, these countries are trying to build their own payments systems, very much inspired by what India has done with UPI. They are ess