E-Commerce Growth In India To Hit $150 Billion By 2026: Report
UPI’s dramatic success derives largely from its seamless interoperability with commercial wallets such as Google Pay, Paytm, and PhonePe, the report said.
Jul 05, 2023, 17:59 PM ISTApple Pay Likely To Arrive Soon In India
Sources told IANS on Friday that initial talks were done and the Cupertino-based iPhone maker may soon launch its Apple Pay services in India.
Jun 23, 2023, 17:48 PM ISTNow, Link Rupay Credit Cards With Google Pay For UPI Payments In India
The feature is now available to RuPay credit card holders of Axis Bank, Bank of Baroda, Canara Bank, HDFC bank, Indian Bank, Kotak Mahindra Bank, Punjab National Bank and Union Bank of India.
May 23, 2023, 12:23 PM ISTUPI To Soon Allow Borrowers To Get Digital Credit Lines From Banks
UPI transactions are enabled between deposit accounts at banks, sometimes intermediated by pre-paid instruments including wallets.
Apr 06, 2023, 18:02 PM ISTFACT CHECK: UPI Transactions Over Rs 2,000 Will Be Charged At 1.1%, PIB SAYS MISLEADING NEWS
PIB has tweeted, “there is no charge on normal UPI transactions”. It further clarified that circular is about transactions using Prepaid Payment Instruments (PPI) like digital wallets. 99.9% transactions are not PPI.
Mar 30, 2023, 12:52 PM ISTPaytm Payments Bank Launches UPI LITE Feature; Allows Small-Value Transactions Without Pin
UPI Lite, a kind-of-wallet, allows users to send small-value money up to Rs 200 via UPI without entering UPI pin.
Feb 15, 2023, 12:48 PM ISTBig relief to UPI payment apps: NPCI relaxes deadline to levy cap on digital payment transactions by two years
The move comes as a breather to companies like Walmart Inc's PhonePe and Alphabet Inc's Google, which are among the leading digital money transfer apps in the country.
Dec 03, 2022, 14:13 PM ISTHere's Step-by-Step guide to withdraw cash from ATM using UPI
The Reserve Bank of India (RBI) has also encouraged banks to make the the Interoperable cardless cash withdrawal (ICCW) option available for ATMs in order to prevent card fraud such as cloning, skimming, etc.
Nov 13, 2022, 16:58 PM ISTAnand Mahindra hails UPI system for its presence in 'India's Last Tea Shop' -- Details Inside
Mahindra shared the post of a Twitter user with pictures informing about the availability of the UPI payment at a shop in the last village at the 10,500 elevation in Uttarakhand.
Nov 06, 2022, 15:43 PM IST'No worries, India has UPI AutoPay...': NPCI managing director replies to Elon Musk -- Details inside
Elon Musk had attacked on all those complainers who were criticizing Musk’s move to charge $8 for Blue tick to Twitter users. He addressed the complainers and wrote please continue complaining, but it will cost $8.
Nov 02, 2022, 19:05 PM ISTUPI Lite Feature: Here's Step-by-Step guide to enable the service on your BHIM app
UPI Lite service is an on-device wallet that allows users to do payments of small monetary value without UPI Pin. Users can keep maximum Rs 2000 in the wallet at any given point of time.
Oct 18, 2022, 11:59 AM ISTWorldline, NPCI join hands: UPI, RuPay services soon to be available in Europe for Indian tourists
NPCI International Payments is the international arm of the National Payments Corporation of India (NPCI) -- which is the driver of digital payments here in India.
Oct 12, 2022, 14:41 PM ISTStep-by-Step Guide: How to set up 'UPI Lite' in BHIM App
Customers of the following eight banks would be able to use UPI Lite payment system: State Bank of India (SBI), Union Bank of India, Utkarsh Small Finance Bank, Canara Bank, HDFC Bank, Indian Bank, Kotak Mahindra Bank, and Punjab National Bank.
Sep 28, 2022, 16:27 PM ISTNow do payments without using UPI pin with 'UPI Lite': Check benefits, eligibility, and other details
UPI Lite will be enabled on the BHIM App and low value transactions up to Rs 200 can be carried out using an ‘on-device’ wallet. Users can put a maximum amount of Rs 2000 in the wallet at any given point.
Sep 23, 2022, 10:15 AM ISTICICI Bank collaborates with NPCI to unveil RuPay credit cards
The card also provides the cardholder with exclusive RuPay network benefits such as accident insurance coverage and dedicated personal concierge services.
Aug 29, 2022, 16:13 PM ISTIs FASTag smartwatch scam a reality? Paytm, NPCI clarify
For those who are unaware, FASTags have spread widely in India to help with electronic toll collection. A tag called FASTag is installed on vehicles, and it is run by 23 banks under the supervision of NPCI and NHAI.
Jun 26, 2022, 12:25 PM ISTNo person-to-person transactions via FASTags, NPCI clarifies on fraud claim videos
The NPCI has clarified that the FASTag payment infrastructure does not allow person-to-person transactions.
Jun 25, 2022, 20:34 PM ISTUPI server faces outage, complaints flooded on Twitter about failed payments
UPI processed 540 crore transactions worth Rs 9.60 lakh crore in the month of March alone.
Apr 24, 2022, 21:29 PM ISTNow you won't need debit card to withdraw money from ATM, here's why
State Bank of India (SBI), ICICI Bank, Kotak Mahindra Bank, Bank of Baroda (BoB), and RBL Bank already offer cardless withdrawals, but only to its customers who use the same bank's ATM network.
Apr 16, 2022, 17:45 PM ISTWhatsApp Tips: Here's how to remove or change bank account on WhatsApp Pay
To use WhatsApp Pay, the user must first send money to contact.
Mar 12, 2022, 15:54 PM IST