NPCI
- Business
UPI transactions rise 41 pc to touch record 14.96 billion in August: NPCI
New Delhi: The Unified Payments Interface (UPI) saw 41 per cent growth (year-on-year) at record 14.96 billion transactions in the month of August, as total transaction amount touched Rs 20.61 lakh crore…
- Business
Will NPCI implement or extend the 30 pc cap on market share of UPI players?
New Delhi: As digital payment platforms, PhonePe and Google Pay, continue to have a duopoly in the Unified Payments Interface (UPI) market, the deadline by the National Payments Corporation of India (NPCI)…
- Business
NPCI allows Paytm to continue UPI operation via SBI, 3 other banks
Mumbai: Ensuring continuity in payment operations by Paytm users, the National Payments Corporation of India (NPCI) on Thursday allowed the company to continue UPI transactions through four banks — SBI, Axis Bank,…
- Business
Google Pay India joins NPCI International to expand UPI payments globally
New Delhi: Google India Digital Services Out Ltd on Wednesday signed a memorandum of understanding (MoU) with the NPCI International Payments Ltd (NIPL), a wholly-owned subsidiary of the National Payments Corporation of…
- News
Transactions via UPI cross 100 bn mark in 2023: NPCI
New Delhi: Transactions via the unified payments interface (UPI) platform surpassed the 100 billion-mark in 2023 to close at around 118 billion, representing 60 per cent growth as compared to 74 billion…
- Business
Razorpay’s new UPI Autopay on QR lets you pay in just 30 seconds
New Delhi: Full-stack fintech platform Razorpay in collaboration with NPCI (National Payments Corporation of India) on Wednesday launched ‘UPI Autopay on QR‘ that will transform customer onboarding into a swift two-step process,…
- Technology
Apple Pay on course to arrive in India soon after initial talks with NPCI
New Delhi: Apple Pay is likely to arrive soon in India and the tech giant, which has had preliminary discussions with the National Payments Corporation of India (NPCI) to launch a localised…
- Technology
Gupshup brings UPI payments on feature phones
New Delhi: Homegrown conversational engagement platform Gupshup on Thursday said that it is bringing the convenience of UPI payments on feature phones. GSPay, the native app built by Gupshup.io uses the power…
- India
Do customers have to pay transaction fees for UPI payments?
The National Payments Corporation of India (NPCI) has announced that beginning April 1, an interchange charge of up to 1.1% would be levied on merchant UPI (Unified Payments Interface) transactions. According to…
- Business
NPCI clarifies that customers won’t be charged for UPI transactions
New Delhi: The National Payments Corporation of India (NPCI) on Wednesday said that it has now permitted the Prepaid Payment Instruments (PPI wallets) to be part of the interoperable UPI ecosystem and…
- India
NPCI defers UPI market cap rules
New Delhi: In a major relief for some third-party digital payments players, the National Payments Corporation of India (NPCI) on Friday said it is extending the Unified Payments Interface (UPI) volume cap…
- India
UPI payment apps may impose transaction limit
New Delhi: UPI payment apps like Google Pay, PhonePe, Paytm, and others may soon impose a limit on the transaction. Soon users may not be able to make unlimited payments via UPI…
