IBS Intelligence - Digital Pound Foundation

Axis Bank Empowers Users with UPI Integration in Digital Rupee App

Axis Bank, a leading private sector bank in India, has revealed a significant enhancement to its CBDC app, ‘Axis Mobile Digital Rupee’, by introducing UPI interoperability capabilities. This notable feature aims to empower customers to effortlessly utilise the Digital Rupee for settling payments through established UPI QR codes of various merchants. What’s more, this advancement […]

About the Foundation

Whilst most CBDC experiments have involved private sector technology providers, the overwhelming majority of these experiments, to date, have not involved participation from other private sector actors. The Digital Pound Foundation is unique in proposing a model whereby the public and private sectors can fully engage in the design, development and adoption of a digital Pound, thus contributing to its successful roll-out and helping drive forward the UK’s transition to a digital economy.

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Collaborate with other members through our various working groups, discussing and building concepts around use cases and payments, innovative approaches to privacy, identity, and sustainability, and addressing legal and regulatory concerns collaboratively. Join our events, both in-person and online, and participate across our panel discussions, roundtables, and webinars. Meanwhile, our audience is large and growing quickly, providing members with additional outlets to share and amplify their latest news and developments.