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NEW DELHI, Jan. 30, 2024 /PRNewswire/ -- Google India Digital Services (P) Limited and NPCI International Payments Ltd (NIPL), a wholly-owned subsidiary of the National Payments Corporation of India (NPCI) have signed a Memorandum of Understanding (MoU) to expand the transformative impact of UPI to countries beyond India. The MoU has three key objectives. First, it seeks to broaden the use of UPI payments for travelers outside of India, enabling them to conveniently make transactions abroad. Second, the MoU intends to assist in establishing UPI-like digital payment systems in other countries, providing a model for seamless financial transactions. Lastly, it focuses on easing the process of remittances between countries by utilizing the UPI infrastructure, thereby simplifying cross-border financial exchanges. The outlined objectives will help accelerate UPI's global acceptance, providing foreign merchants access to Indian customers who will no longer have to rely only on foreign currency and/or, credit or forex cards for making digital payments and will have the option using UPI powered Apps from India including Google Pay. This is in alignment with NPCI's endeavor of bolstering India's position in the global digital payment landscape. Moreover, the MoU will also significantly contribute to simplifying remittances by reducing dependence on conventional money transfer channels. Deeksha Kaushal, Director, Partnerships, Google Pay India, said, "We are delighted to support NIPL towards expanding the reach of UPI to international markets. Google Pay has been a proud and willing collaborator to NPCI and the financial ecosystem, under the regulator's guidance, and this collaboration is another step towards our commitment to making payments simple, safe and convenient. UPI has demonstrated to the world the step change that happens in economies with the introduction of interoperable, population scale digital infrastructure and each economy that joins such networks will create impact beyond the sum of parts. We are very excited about the scope of this collaboration." Ritesh Shukla, CEO – NPCI International Payments Limited (NIPL), said, "We are pleased to team up with Google Pay to propel UPI onto the global stage. This strategic partnership will not only simplify foreign transactions for Indian travelers but will also allow us to extend our knowledge and expertise of operating a successful digital payments ecosystem to other countries. We are also excited about enabling a seamless and more connected international remittance network by further expanding UPI's cross-border interoperability feature. With the success of UPI in a dynamic market like India we are excited to further our vision to transform the digital payments landscape globally." The global expansion of UPI represents a transformative step in international commerce, enabling a seamless, secure, and cost-effective payment experience for both merchants and customers worldwide. For more details about NPCI International, click here.
Clients in major rising economies like Brazil, India, Kenya, and Nigeria are pulling the global digital market up by paying online purchases with instant payments, transfers, and other alternative payment methods – including for B2B transactions Cards are still strong in digital, with high penetration of domestic brands and debit bringing new consumers to the online sales world, points out the new EBANX's Beyond Borders study CURITIBA, Brazil, Jan. 26, 2024 /PRNewswire/ -- Rising markets in Latin America, Africa, and Asia are guiding the global surge in new consumers, with India leading the way, by adding 34 million people to the consumer class this year, almost one third of the 109 million worldwide. After Asia, Africa and Latin America are, respectively, the second and third regions to add more people, per the World Data Lab. This general consumer increase led by these three dynamic regions unfolds into the digital commerce realm as well: combined, LatAm's and Africa's digital commerce markets are expected to surpass US$1 trillion in total value by 2026, while India's will be over US$275 billion, per Payments and Commerce Market Intelligence (PCMI) data in the new annual Beyond Borders, EBANX's comprehensive study about the digital market and payments in rising economies, launched today. EBANX's Beyond Borders 2024 While digital commerce is growing by 13% or 12% per year in more consolidated markets around the world, like the U.S. or Europe, online sales are expanding at a much faster pace in rising economies, of 20%, according to Statista's data, in the study. Over half of the population in these regions already embraces digital payments, positioning them as central to economic growth and consumer access. "There is a solid demographic reason for this: rising economies have a young and growing population, contrasting developed regions. In addition to the demographic and economic push, rising economies largely benefit from digitization," states Paula Bellizia, President of Global Payments at EBANX. "The digital revolution has been disrupting industries and unlocking opportunities for both local and global players, from verticals spanning from SaaS, digital ads, and B2B online trade, to gaming, streaming, social media, and e-commerce. And payments have been the backbone of this growth," she added. Latin America's digital market will nearly double in size by 2026, reaching US$944 billion after growing at a 23% CAGR, per PCMI data for Beyond Borders, showcasing robust opportunities. Brazil, LatAm's digital commerce powerhouse, boasted a US$275 billion market last year, and stands out as a prominent force, ranking fourth globally in the number of digital buyers, according to Insider Intelligence. Also emerging as strong contenders are Mexico, Colombia, and Peru, which display annual growth rates of around 30% for digital commerce. Central America & Caribbean countries like Costa Rica, El Salvador, Panama, Guatemala, and the Dominican Republic will not slow down either, accelerating at an annual pace of around 20% by 2026, proving that a block approach to this Latin region can add up to the global expansion strategy of any global digital player. India is another perfect example of the digital potential in rising economies: the Asian country is the world's second-largest online shopping market, only behind China, with around 350 million people boosting a digital commerce market that surpassed US$184 billion last year. And yet, online sales penetration rate is still at 33%, as pointed out by Insider Intelligence's data in Beyond Borders, showing the substantial untapped opportunity that still exists in the country – particularly if efforts are directed towards improving payment access for India's diverse population. Financial inclusion was at the center of two strong cases inspiring the world: UPI in India and Pix in Brazil. With great user experience, zero-cost services to consumers and minimal to no charges for merchants, the two systems are revolutionizing both offline and online purchases: Pix is part of the daily lives of 4 in every 5 adults in Brazil, according to the country's Central Bank. Over the last three years, nearly 8 out of 10 customers making their initial online purchase with an EBANX merchant opted to use Pix for payment, per EBANX internal data. In India, UPI has a 41% share of the total digital commerce, according to PCMI, being the utmost chosen payment method by Indian online consumers. As an early adopter of digital payments, and soon to be home to an adult population of 1 billion by 2030, Africa is also an important region for the outstanding digital growth of commerce and payments. After heavily embracing digital payments, which jumped from a 23% to a 46% penetration rate considering many of its countries in less than eight years, Africa is now on the verge of its next big leap: digital commerce, fueled by cellphone penetration rates and constant adaptability of local, alternative payment methods to the online world, like mobile money, which reached almost universal penetration in countries like Kenya. It is interesting to observe how the innovation brought by alternative payments is improving the whole ecosystem, and impacting cards as well – including debit ones – which remain steady and keep playing an important role in the digital economy as account ownership surges in rising markets. "Cards and alternatives are learning from one another, absorbing features from one another, paying attention to the needs of merchants and consumers," Bellizia noted. Combined, credit and debit cards represent 51% of digital commerce value in Brazil, 66% in Mexico, and 75% in Chile, according to PCMI data in Beyond Borders. In India, cards account for 43% of the value of online transactions; and the high penetration goes to African nations as well: in Morocco, 42%; in Nigeria, 36%. "A payments strategy for rising markets needs to consider a balance between cards and alternative payments, adapted to specific countries, verticals, and business models, centered in offering the best payment experience to customers, enabling them to pay with their method of choice. This fosters true access," she added. The new Beyond Borders report is also revealing the next frontier for innovation and growth in the payments industry: B2B payments – companies purchasing from other companies. Currently 42% of Kenyan businesses and 63% of Indian ones make online purchases. In LatAm, 64% of businesses in Brazil and an impressive 85% in Colombia, way higher than the global average of 50%, according to OECD and UNCTAD data. By 2027, rising markets in LatAm, Africa and APAC will make up for 40% of the total value of B2B payments made online worldwide, and yet an estimated 70% of B2B transactions are still pretty much manual, according to Capgemini, lacking more seamless flows. "This opens a massive opportunity in which alternative payments can be a game-changer: EBANX's internal data show that local payments improve approval rates for B2B transactions, with internal rates that surpass 80%," Paula Bellizia concluded. Access the complete Beyond Borders 2024 study here. ABOUT EBANX EBANX is the leading payment platform connecting global companies with customers from one of the fastest-growing digital markets in the world. The company was founded in 2012 in Brazil with the mission of giving people access to buy in international digital commerce. With powerful proprietary technology and infrastructure, combined with in-depth knowledge of the markets where it operates, EBANX enables global businesses to connect with hundreds of payment methods in different countries in Latin America, Africa, and Asia. EBANX goes beyond payments, increasing sales, and fostering seamless purchase experiences for businesses and clients. For more information: Website: https://www.ebanx.com/en/ LinkedIn: https://www.linkedin.com/company/ebanx CONTACT: Shan Huang, shan.huang@ahgstrategies.com
MUMBAI, INDIA - Media OutReach Newswire - 23 January 2024 - Aon plc (NYSE: AON), a leading global professional services firm, today announced that the firm has been named a Top Employer 2024 in India by the Top Employers Institute. "At Aon, we believe businesses succeed when the communities they serve – and the people they employ – flourish. Our purpose is to shape decisions for the better – to protect and enrich the lives of people around the world. Our people are at the heart of this purpose," said Gaurav Rathee, chief people officer for Aon in India. "Across Aon, we are united in our passion to create a culture of opportunity for our colleagues and clients driven by collaboration and innovation. Our inclusive people leadership strategy ensures that our colleagues are more relevant, more connected and more valued in ways that enable them to achieve their full potential. To be named a Top Employer 2024 in India is a testament to our efforts in creating a work environment where every colleague feels safe and comfortable being their authentic self, experience a sense of belonging, is empowered to reach their full potential and is valued for the unique perspectives and talents they bring," Rathee added. The Top Employers Institute programme certifies organisations based on their participation in, and results of, Top Employer Institute's HR Best Practices Survey. The survey covers six HR domains consisting of 19 topics including people strategy, work environment, talent acquisition, learning, diversity, equity and inclusion, wellbeing, and more. The programme has certified and recognised over 2300 Top Employers in 121 countries/regions across five continents this year. David Plink, CEO of Top Employers Institute, said, "Exceptional times bring out the best in people and organisations. We have witnessed this in our Top Employers Certification Programme this year: exceptional performance from the certified Top Employers 2024. These employers have always shown that they care for the development and wellbeing of their people. By doing so, they collectively enrich the world of work. We are proud to announce and celebrate this year's group of leading people-oriented employers."Hashtag: #AonThe issuer is solely responsible for the content of this announcement.About AonAon plc (NYSE: AON) exists to shape decisions for the better — to protect and enrich the lives of people around the world. Our colleagues provide our clients in over 120 countries and sovereignties with advice and solutions that give them the clarity and confidence to make better decisions to protect and grow their business. Follow Aon on LinkedIn, X, Facebook and Instagram. Stay up-to-date by visiting Aon's newsroom and sign up for news alerts here. Disclaimer The information contained in this document is solely for information purposes, for general guidance only and is not intended to address the circumstances of any particular individual or entity. Although Aon endeavours to provide accurate and timely information and uses sources that it considers reliable, the firm does not warrant, represent or guarantee the accuracy, adequacy, completeness or fitness for any purpose of any content of this document and can accept no liability for any loss incurred in any way by any person who may rely on it. There can be no guarantee that the information contained in this document will remain accurate as on the date it is received or that it will continue to be accurate in the future. No individual or entity should make decisions or act based solely on the information contained herein without appropriate professional advice and targeted research.
共同為企業提供一致的數位平台，該平台提供以諮詢為主導的專業知識、優質客戶體驗、無可比擬的安全及資料私隱 印度孟買及清奈2024年1月23日 /美通社/ -- 全球薪資管理方案提供商 Ramco Systems 宣佈與印度頂尖專業服務機構 BDO India LLP（BDO International 的成員公司）訂立了合作協議。BDO International 是全球第 5 大網絡，業務覆蓋逾 162 個國家和地區。在本次合作中，Ramco 將作為技術平台提供商，而 BDO India 則作為薪資及管理服務提供商，充分運用了雙方各自的獨特優勢。 (L-R) Sundar Subramanian, Chief Executive Officer, Ramco Systems and Milind Kothari, Managing Partner, BDO India, during the partnership signing ceremony in Mumbai 本次合作融合了最先進的技術、薪資計算與諮詢，同時堅守安全與資料私隱的承諾。合作的目標是透過跨越國界的可擴充專業解決方案，重新界定全球薪資管理的外包體驗。 透過平台，企業可使用所有國家/地區薪資的統一資料及控制中心，確保高效無比且持續穩定的表現。除此之外，平台提供橋接全球 HCM（人力資本管理）解決方案的現成及經認證連接器，縮短實施時間，保證無縫連接。憑藉 BDO 的全球足跡和「最後一英里」的合規服務能力、科技合作與最一流的服務，平台有望成為跨國企業的薪資管理及 HCM 需求的未來理想之選。 BDO India 執行合伙人 Milind Kothari 在評價本次合作時表示：「隨著全球市場的快速轉變，企業需要專家設計的框架來應對多元化的跨國監管和報告要求。我們很高興與 Ramco 攜手打造面向未來的一站式全球薪資平台。本次戰略合作融合了 Ramco 的領先薪資平台與我們在諮詢及全球交付的專長，從整體營運角度，提供轉型、簡化和精簡薪酬流程的解決方案。本次合作將不僅可實現準確和及時的合規性，同時還可在時下瞬息萬變的營業環境中，透過提升效率和工作效率，幫助客戶形成競爭優勢。本次合作令我們振奮，為我們與客戶合作共贏創造機會。我們在全球薪資領域的努力彰顯了我們的協同效益，並且我們也希望讓其他企業享受這些利益。」 Ramco Systems 行政總裁 Sundar Subramanian 表示：「與 BDO India 聯手體現了我們在相關服務提供尖端科技的承諾，為客戶帶來世界一流的薪資體驗。我們迫不及待地分享，Ramco 和 BDO India 將攜手推出專為全球跨國公司而設的整體薪資服務。Ramco 的下一代創新（例如低代碼框架、高速內存薪資管理、自助報告和薪資管理工作區）和 BDO 的專業諮詢、資料安全及私隱，將為我們的全球客戶提供全方位的薪資服務。部分客戶已從本次合作中獲益，我們計劃為整個市場帶來我們聯合全球薪資管理轉型服務。 Ramco Global Payroll 受到全球 500 多家客戶的信賴， 並憑藉持續的科技創新，於過去 25 年一直站於全球薪資管理轉型的重要位置。該解決方案涵蓋全球 150 多個國家/地區，能夠與主要的 HCM 供應商無縫整合，提供可在雲端部署或作為管理服務的端到端數位薪資管理解決方案。Ramco Global Payroll 憑藉圍繞預設配置器、自助報告、財務健康工具、薪資管理工作區、記憶體薪資引擎和實施者模組的新功能，務求提供更快兼更順暢的工具。透過利用流程自動化、人工智慧及機器學習，Ramco 持續提供無感薪資管理體驗。 點擊此處了解更多。 關於 BDO India LLP： BDO India LLP 是 BDO International 的印度成員公司。BDO India 為各行各業的客戶提供專業的會計、稅務、諮詢、商業服務，以及數位轉型和領域主導的技術解決方案。我們的薪資及管理服務為全球企業提供優質的薪資體驗。BDO 在印度擁有超過 300 名合夥人及總監，在全國 12 個城市擁有一支由逾 9,000 名專業人士*組成的團隊。憑藉豐富的經驗與專長，BDO India 營造以創新和解決方案為導向的工作文化。* 包括 BDO 在印度的共享服務中心 Ramco Systems 簡介 Ramco Systems 是世界一流的企業軟件產品/平台服務供應商，憑藉多租戶雲端和企業手機端軟體顛覆市場，在過去 25 年成功推動創新。多年來，Ramco 多年來為全球 1000 多位客戶提供服務，擁有超過 200 萬用戶，在全球薪資管理、航空航天與國防以及 ERP（企業資源規劃）領域提供實質商業價值。
To jointly offer organisations a unified, digital platform enhanced with advisory-led expertise, superior customer experience, unparalleled security and data privacy MUMBAI, India and CHENNAI, India, Jan. 19, 2024 /PRNewswire/ -- Global payroll solution provider, Ramco Systems, announced that it has entered into a partnership with BDO India LLP, one of India's leading professional services organisations, part of BDO International, globally the 5th largest Network with presence in more than 162 countries. The partnership leverages the distinctive strengths of each entity, positioning Ramco as the Technology Platform Provider and BDO India as the Payroll & Managed Services Provider. This partnership merges state-of-the-art technology, payroll computation & advisory, with an unwavering commitment to security and data privacy. The aim is to redefine the outsourced payroll experience for managing global payrolls through scalable expert solutions that span beyond borders. Through the platform, organisations will have access to a unified view and control hub for all country payrolls, ensuring unparalleled efficiency and consistency. In addition, the platform offers ready-built and certified connectors with global HCM solutions, reducing implementation time and ensuring hassle-free connectivity. With BDO's reach across the world and ability to provide last-mile compliance, the collaboration of technology and best-in-class service, it is expected to bring a compelling proposition for MNCs as a partner of choice in the future for their payroll and HCM requirements. Commenting on the partnership, Milind Kothari, Managing Partner, BDO India, said, "With the global market undergoing a dynamic transformation, organisations require expert-designed frameworks to navigate the diverse regulatory and reporting requirements across borders. We're glad to collaborate with Ramco to forge a path towards a one-stop global payroll future. This strategic partnership combines the capabilities of Ramco's leading payroll platform with our strong expertise in advisory and global delivery to offer solutions that transform, simplify and streamline payroll processes with a holistic view of global operations. The collaboration will not only enable accurate and timely compliance but also lend clients a competitive edge through improved efficiency and productivity in today's fast-paced and demanding business landscape. We're excited about this partnership and the opportunities it will create for us and the businesses we serve together. Our existing efforts in the global payroll space are already a testament to the benefits of our synergies and we hope to extend them to other businesses as well." Sundar Subramanian, Chief Executive Officer, Ramco Systems, said, "Joining forces with BDO India reflects our dedication to delivering cutting-edge technology bundled with associated services, to enable a world-class payroll experience. We are very excited to share how Ramco & BDO India will offer an integrated payroll service for MNCs operating across the globe. Ramco's next-gen innovations like low-code framework, lightning-fast in-memory payroll, self-service reporting and payroll workspace, together with BDO's adept advisory, data security and privacy will provide an integrated payroll service for our global clientele. With some customers already benefitting from this partnership, we are excited to extend our joint global payroll transformation to the entire market." Trusted by 500+ customers worldwide, and powered by continuous tech innovations, Ramco Global Payroll has been at the forefront of delivering global payroll transformation for over 25 years. With a global payroll coverage across 150+ countries, the solution offers seamless integration with leading HCM providers offering an end-to-end digital payroll solution that can be deployed on-cloud or leveraged as a managed service. With new features around pre-built configurators, self-service reporting, financial wellness tools, payroll workspace, in-memory payroll engine, and an implementer module, Ramco Global Payroll aims to deliver faster and smoother implementations. By leveraging robotic process automation, artificial intelligence, and machine learning, Ramco continues to offer touchless payroll experience. Click here to know more. About BDO India LLP: BDO India LLP is the India member firm of BDO International. BDO India specialises in accounting, tax, advisory, business services, digital transformation and domain-led technology solutions, to clients across industries. Our payroll and managed services teams offer an elevated global payroll experience to organisations worldwide. BDO in India is led by more than 300 Partners & Directors and a team of over 9000 professionals* operating across 12 cities. Backed by a rich blend of experience and expertise, BDO India brings to fore a work culture that is innovative and solution driven. *Including BDO's Shared Service Centres in India About Ramco Systems: Ramco Systems is a world-class enterprise software product/ platform provider disrupting the market with its multi-tenant cloud and mobile-based enterprise software, successfully driving innovation for over 25 years. Over the years, Ramco has maintained a consistent track record of serving 1000+ customers globally with 2million+ users, and delivering tangible business value in Global Payroll, Aviation Aerospace & Defense, and ERP. Photo: https://mma.prnewswire.com/media/2322425/Ramco_BDO_Partnership.jpgLogo: https://mma.prnewswire.com/media/1923662/4429572/Ramco_Logo.jpg
印度班加羅爾2024年1月18日 /美通社/ -- 全球數碼轉型領導者 Microland Limited 再次獲得 Great Place To Work® 認證為優秀職場。 這一認證證明了 Microland 在重視員工滿意度和參與度，培養職場積極和豐富文化方面的承諾。 Microland is certified as a Great Workplace by Great Place To Work® once again 這一認證是在 Great Place To Work® 對 Microland 的職場環境、員工體驗和組織實踐進行評估後獲得的。Great Place to Work® Certification™是唯一完全基於員工報告的對其職場體驗的認可，這是 Microland 致力於為員工創建包容、支援性和啟發性職場的標誌。 「我們很高興被 Great Place To Work® India 認定為優秀職場。Microland 的核心使命是以人為本，我們堅定地專注於賦予員工能力，鼓勵他們提出新主意、進行創新並激發開創性思維，從而塑造出全新未來。我們堅信我們的集體成功是透過願意擁抱新挑戰、互相鼓勵以達到我們曾經認為難以企及的高度，以及在我們所有工作中不懈追求卓越而造就的。」Microland Limited董事長兼董事總經理 Pradeep Kar 表示，「我們深信要培養一個讓每位 Microlander 能夠釋放自己全部潛力、在工作中找到快樂、建立成功職業生涯，並引領 Microland 邁向卓越的環境。」 「Microland 對於最大化人力潛力的堅定承諾，在其對卓越文化、合作和持續成長方面的全面和創新方法中表現得淋漓盡致。」Microland 的首席人力官 T. R. Srinivasan 表示，「我們公司十分關注平等、學習和發展，以及對創新和行業領先的員工參與和體驗平台進行投資，例如 MicrolandOne 和 MiHR ，強調其致力於為員工創建一個動態和變革性職場的決心。」 關於 Microland Limited Microland 致力於「實現數碼化」，讓技術發揮更大作用，同時減少對用戶的干擾。我們透過包括雲端和數據中心、網絡、數碼工作場所、網絡安全和工業物聯網在內的廣泛服務組合，讓企業更輕鬆過渡到下一代數碼基礎設施。我們確保所採納的數碼服務具預測性、可靠性和穩定性。 Microland 致力為企業實現數碼化，並著重提供與我們的客戶和潛在客戶更相關的服務，以確保業務成果。Microland 成立於 1989 年，總部設於印度班加羅爾，在亞洲、澳洲、歐洲、中東和北美設有辦公室和交付中心，擁有超過 4,600 位數碼專家。 了解更多資訊：www.microland.com 關於 Great Place To Work®： Great Place To Work® 是備受信任的全球權威機構，旨在評估和推動高積效的職場文化。透過專有的評估工具、諮詢服務和認證計劃，Great Place To Work® 認可優秀的職場文化，並製作年度《財富》「100 家最適合工作公司」名單。 更多資訊請瀏覽： www.greatplacetowork.com 媒體聯絡： sobia.sahar@microland.com 電話：+91 9980594354
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