Though the National Payments Corporation of India has set a daily UPI payment limit, banks and UPI apps have imposed their own restrictions. Here are the different limits set by banks and apps.
The first-of-its-kind digital payment solution is being piloted under the Reserve Bank of India’s (RBI’s) Regulatory Sandbox program. Transactions will be limited to Rs 200 during the four-month project phase
The volume of UPI transactions in December increased by 7.12 per cent when compared to November, while the value of transactions increased by 7.73 per cent during the same period, according to the National Payments...
Most of the black money is not in cash, but in gold and real estate, and demonetisation has not affected them. Digital transactions and linking property and other high-value transactions with Aadhaar could be the way forward
The National Payments Corporation of India (NPCI) has permitted the transfer of funds between NRE accounts and other permissible accounts endorsed under FEMA regulations.
People in India are using passwords that are rather easy to memorise, for their online transactions. But, this is a terrible practice. Here’s how to effectively use a password for the online world
India Stack is the collective name of a set of commonly used digital public infrastructure (DPIs) in India
The fintech world is on the cusp of a major transformation, with central bank digital currencies (CBDCs) occupying the central space.
Fintech companies welcome initiative as UPI has brought many business and consumers into mainstream banking channels. According to NCPI, approximately 6.28...
The Reserve Bank of India (RBI) is seeking feedback from the public and industry stakeholders for introducing a new framework for UPI and IMPS transaction...
The RBI data shows a significant growth in digital payments in India, but what factors may have contributed to their rapid adoption across the country?
Extremely popular in the West, BNPL could soon replace credit cards for variety of reasons ranging from no credit debt to impulsive overspend on purchases....
Simplicity, a centralised facility that does not depend on a single bank, and a robust infrastructure built on the back of a secure and proven IMPS system make...
Did you know that India’s instant payment systems, such as the UPI and IMPS are, far more developed than similar systems in use in the US, the UK, Canada and...
Binance CEO Changpeng Zhao met President Nayib Bukele of El Salvador to talk about different investment topics in the Central American nation through Bitcoin,...
Central American nation seeks Binance support for bitcoin as legal tender; Bitcoin up 1.81%, Ethereum 2.68% in last 24 hr
Earlier this year, Bhutan also launched a BHIM-UPI based payment service for digital transactions
UPI activation through Aadhaar is awaited as it will bring a larger number of people into the UPI ecosystem.
RBI, along with Mastercard, promoted digital transactions as a part of financial literacy week 2022. The theme of this year was ‘Go Digital, Go Secure.’
On its 13th birthday, Bitcoin, the $870 billion-market cap crypto bellwether, was trading at $46,546-levels, having fallen 1.1 per cent in the last 24 hours.
DeFi or Decentralized Finance removes intermediaries and can serve users in various ways such as facilitating loans. However, there are risks involved too.
A study by Dinero Neo Bank of 500 young investors found that 64% hesitate to invest because they have too little information.
Paytm founder says the company makes a profit in financial services, driven by credit and payment services.
Fantico has launched several iconic Bollywood collectibles on its platform, including those of Akshay Kumar, Talat Aziz, Johny Lever, Javed Akhtar and others.
A new generation of investors thinks differently about advice, brings new attitudes and expectations. This, coupled with the increasing role of technology, is...
