In its monetary policy committee meeting (MPC) today, RBI decided to upgrade UPI Lite to enable users to conduct transactions up to Rs 500 offline.
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.
NPCI has announced a 2-year extension of the deadline for compliance with the UPI market share rule, but until smaller players scale up, it might just have to keep giving such extensions
UPI Lite is a simplified version of the UPI payment system, designed for small-value transactions up to Rs. 200. Let’s explore its benefits and how to use it.
The company has launched its own Zomato UPI service in partnership with ICICI Bank, all ready to take on Google Pay and PhonePe
All the transactions done via Google Pay are usually secured by a UPI Pin, which is a four to six digit number, often entered to either access the GPay app or when making a new payment. Here is how you can change this UPI...
Google Pay will show account activation using debit card and Aadhaar number. The users will have to select anyone of the options
The tech giant also looks to tighten policies in the coming weeks for greater checks in this space
Starting today, Street View will be available on Google Maps across ten cities in India, including Bengaluru, Chennai, Delhi, Mumbai, Hyderabad, Pune, Nashik,...
Credit cards, however, remain the preferred mode for high value transactions, according to the Worldline digital payments report. They accounted for 7 per cent...
Toll prices will be rolling out on Android and iOS this month for nearly 2,000 toll roads in India, the U.S., Japan and Indonesia — with more countries...
UPI processed 5.04 billion transactions in March 2022 for the first time. What makes UPI a favoured payment mechanism in India?
Google is imposing unfair and discriminatory conditions in violation of regulations," CCI said in its preliminary report
This will allow people to make payments by just tapping their phones against the POS terminal.
UPI activation through Aadhaar is awaited as it will bring a larger number of people into the UPI ecosystem.
Google Pay has 10 million merchants, who will be given the option of availing a pre-approved loan from Indifi in the app itself, based largely on their payment...
Google Pay along with Mastercard will facilitate tokenization in India. Google Pay will enable scan features to make the payments easier for customers without...
Google has been trying to scale up its presence in India's digital landscape with multiple India-specific innovations and investments. The latest of which...