India's World-Class Digital Infra Like Aadhaar, UPI Worth Emulating By Many Nations: IMF Paper
The government of India estimates that, up to March 2021, about 1.1 per cent of GDP in expenditure was saved due to the digital infrastructure and other governance reforms.
May 06, 2023, 07:51 AM IST
UPI 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 IST
Govt May Consider 0.3% Fee To Maintain UPI Payment System & Ensure Financial Viability: Report
The facilitation fee of 0.3 per cent can generate around Rs 5,000 crore in 2023-24, said the study titled 'Charges for PPI-based UPI payments--The Deception'.
Apr 03, 2023, 10:54 AM IST
FACT 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 IST
DNA: The 'truth' of UPI transactions being expensive
If you also often pay with Google Pay or Paytm, then definitely watch this news. Recently there was news that transactions through UPI are going to be expensive. Today in DNA, see the Fact Check of UPI charge.
Mar 29, 2023, 23:46 PM IST
UPI Payment Rules Changing From 1 April 2023 --Read New Guidelines
Will customers have to pay interchange charges on on unified payment interface (UPI) transactions above Rs 2,000? Read what NCPI said.
Mar 29, 2023, 12:52 PM IST
RuPay And UPI Technologies Are India`s Identity In The World: PM Modi
India has emerged as one of the fastest-growing ecosystems for fintech innovation and the PM Modi-led government has been instrumental in driving the globalisation of India`s digital payment infrastructure.
Mar 07, 2023, 12:55 PM IST
SBI UPI Money Transfer: Transaction Failed But Money debited? Know What To Do
For the SBI YONO UPI, customers have a Daily transaction limit of Rs 1,00,000 set as Per day Limit and as EasyPIN Limits (Individual overall daily limits).
Mar 01, 2023, 15:34 PM IST
BHIM SBI Pay: Send And Receive Money/ Foreign Remittance Via UPI; Check How To Use The App
“BHIM SBI Pay” (UPI App of SBI) is a payment solution that allows account holders of all Banks participating in UPI to send money, receive money and do online bill payments, recharges, shopping, etc. using their smartphones.
Feb 27, 2023, 19:57 PM IST
'Many Countries Drawn Towards India's UPI': PM Narendra Modi In 'Mann Ki Baat' Address
PM Modi highlighted the strides India has made in the digital sphere by giving examples of the UPI system and the e-Sanjeevani App.
Feb 26, 2023, 13:28 PM IST
Paytm UPI Lite: Check Step-By-Step Guide To Enable THIS New Wallet Here On Your Device
Payment has become first private platform to bring UPI Lite for the customers. It would make easier for them to send small payments up to Rs 200 to others without UPI pin.
Feb 24, 2023, 19:31 PM IST
Now Transfer Funds From India to Singapore or Vice-Versa With SBI's BHIM SBIPay Mobile App
The linkage will allow fund transfers through registered mobile numbers to and from both India and Singapore using UPI ID.
Feb 22, 2023, 15:09 PM IST
UPI-PayNow Integration: India & Singapore Link Their Payment Systems today, What is it and How it will Benefit Citizens of Both Countries
India’s unique payment system Unified Payments Interface (UPI) allows tranferring of money from one account to another in the country in the real-time without the need to share the bank details. It’s round-the-clock payment system that makes easier to send money to customers and even merchants.
Feb 21, 2023, 12:44 PM IST
Paytm 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 IST
PhonePe UPI International: Check How to Use New Feature if You are Going Abroad
Earlier, The NPCI had permitted non-residents from 10 countries, including the US, Canada and UAE, to digitally transfer funds using the UPI platform from NRE/NRO accounts.
Feb 08, 2023, 17:00 PM IST
RBI to Extend UPI Facility for Retail Payments to Inbound Travellers in India
RBI has proposed to allow travellers from other countries to be able to use Unified Payments Interface (UPI) for retail payments at selected international airports in India.
Feb 08, 2023, 12:44 PM IST
SBI Shares 6 Safety Tips on UPI Transactions, Check Them Out
Scammers always try to find unqiue ways to get into the customers’ account via phishing and mal content and siphon off money from their accounts.
Jan 31, 2023, 10:29 AM IST
HDFC Life Policyholders Can Now Pay Premiums with NPCI's UPI 123PAY
UPI 123PAY is a payment facility through a pre-defined IVR that enable customers to make financial transactions with or without an internet connection.
Jan 27, 2023, 13:39 PM IST
UPI 123PAY: How to Transfer Money Using Feature Phones? Check Complete Process
UPI 123PAY enables feature phone users to access the popular digital transactions platform, without having an internet connection.
Jan 25, 2023, 08:54 AM IST
DNA: Cautionary analysis on Dual SIM
In today's digital era, UPI has become the most preferred mode of transaction. Recently some cases have come to the fore where people stopped recharging their second sim and that sim got into the hands of a cyber thug and he emptied the entire account.
Jan 20, 2023, 23:48 PM IST
