UPI
- Technology
All UPI money transfers, offline, online payments on PhonePe are free
New Delhi: India’s leading digital payments platform PhonePe on Tuesday clarified that all UPI money transfers, offline and online payments (across UPI, wallet, credit and debit cards), on the payment app are…
- Business
New auto debit rules of RBI to set in from Friday
New Delhi: With the Reserve Bank of India’s (RBI) extended deadline coming to an end, there will be no automatic recurring payment for various services including recharge and utility bill as the…
- Technology
India, Singapore to link their Fast Payment Systems, UPI and PayNow
Mumbai: Reserve Bank of India (RBI) and the Monetary Authority of Singapore (MAS) have agreed on a project to link their respective fast payment systems — Unified Payments Interface (UPI) and PayNow. This…
- India
Memorise your 16-digit card number! It’s likely to be mandatory for online payments
New Delhi: In its revised set of guidelines, the Reserve bank of India (RBI) could make it mandatory for credit and debit card holders to enter 16-digit card number every time they…
- Middle East
Indians travelling to UAE can use UPI apps for online payments
Abu Dhabi: Indians travelling to the United Arab Emirates (UAE) can now make payments using Unified Payment Interface (UPI) based apps on their mobile phones. National Payments Corporation of India (NCPI) has…
- India
‘Cashless instrument of payment’: PM launches e-RUPI; know how it works
New Delhi: Prime Minister Narendra Modi on Monday launched the country’s first-of-a-kind digital payment platform called e-RUPI, which claims to be a person and purpose-specific digital payment solution. Developed by the National…
- Business
Paytm Payments Bank expands lead as largest beneficiary bank for UPI payments
New Delhi: Paytm Payments Bank Ltd (PPBL) registered 46.9 crore Unified Payments Interface (UPI) transactions in March, marking a month-on-month increase of 20.7 per cent to emerge as the largest beneficiary ahead…
- Business
India tops in real-time digital transactions in 2020: Report
Mumbai: India retained the top spot in terms of digital payments in 2020 with 25.5 billion real-time payment transactions, showed a report by ACI Worldwide and GlobalData. In 2020, the transaction volume share…
- India
SBI UPI platform: Important notice issued for customers
New Delhi: State Bank of Indian (SBI) issued a notice for its customers informing them that it is upgrading its Unified Payments Interface (UPI) platform and during the exercise, intermittent issues may…
- India
SBI UPI: Important notice issued for customers
New Delhi: State Bank of Indian (SBI) issued a notice for customers informing that it is upgrading its Unified Payments Interface (UPI) platform for better customer experience. It also informed that during…
- India
SBI issues important notice for its customers
New Delhi: State Bank of Indian (SBI) is upgrading its Unified Payments Interface (UPI) platform. During the process, there may be some intermittent issues related to UPI system on 26th and 27th…
- Business
Digital payments surge during lockdown to benefit telcos
New Delhi: Digital payments in India are surging in the ongoing Covid-19-caused lockdowns which will accelerate mobile data/4G penetration and build an ecosystem of services. According to a research report by CLSA, acceleration…
- Hyderabad
Fake UPI IDs racket in the name of PM CARES busted
Hyderabad: The Cyberabad police has busted a racket involving fake UPI IDs seeking funds for PM CARES resembling the UPI ID created union government to receive donations from the people of the…
- Stock Market
”Zero MDR on RuPay, UPI to kill digital payments industry”
NEW DELHI: Slamming Finance Minister Nirmala Sitharaman”s announcement that digital transactions made using RuPay credit cards or UPI QR codes will not face Merchant Discount Rate (MDR) from January 1, the Payments…
- Technology
Google wants US Fed Reserve to follow India’s UPI example
New Delhi: In a thumbs up to the Indian government’s Unified Payments Interface (UPI) scheme, Google has written to the US Federal Reserve Board detailing the successful example of UPI-based digital payment in…
