NPCI wants UPI service providers and online merchants to prominently display the payment option for customers.
Here is how you can get your money back if you sent it to a wrong UPI address
India started a trial for retail central bank digital currency (CBDC) today. Although both CBDC and UPI payments use a QR code, there are some subtle differences. Know more.
PhonePe is making significant investments in new businesses like insurance and wealth management
Unique Payment Interface (UPI) based transactions dominated the segment both in terms of value and volume
The UPI Autopay, which was introduced by NPCI under UPI 2.0, allows users to make regular payments using any UPI application that supports this feature.
Reserve Bank of India Governor Shaktikanta Das has said that inbound travellers to India will now be permitted to access UPI for their merchant payments while they are in the country. Also announced pilot project on QR Code...
While sharing Paytm performance matrix for the month of October, Sharma in a letter to shareholders said that the company is scaling up lending business which has huge demand in the country.
In September, there were 678 crore UPI-led digital transactions worth Rs 11.16 lakh crore
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...
On Monday, Delhi Chief Minister Arvind Kejriwal said his government would waive late fees on outstanding water bills until December 31.
UPI trumps credit and debit cards at 34 per cent against 8 per cent in terms of volume at merchant transactions. UPI sees increasing usage in micro...
UPI Lite is a new UPI-based wallet launched by the RBI and NPCI recently. Here’s how it is different from UPI and some of the important things to keep in...
During the lockdown induced by the COVID-19 pandemic, people received money in their bank accounts just by pressing a button, she said
While dominant players like PhonePe and Google Pay are seeking an extension of the deadline till January 2023, purportedly to safeguard their market share,...
Chief Business Officer of Open Network for Digital Commerce (ONDC) Shireesh Joshi said that the initiative is a capability that will unleash waves of innovation
In a move to make UPI payments even simpler, WhatsApp is now allowing users to send money as swiftly as sending an emoji
Fintech companies welcome initiative as UPI has brought many business and consumers into mainstream banking channels. According to NCPI, approximately 6.28...
RBI monetary policy announces major relief for senior citizens by enabling bill payments from overseas through Bharat Bill Payment System (BBPS).
The National Payments Corporation of India (NPCI) and various banks are ready to submit a final proposal regarding MDR charges on UPI-linked RuPay credit cards...
However, it was down by nearly 3 per cent from the previous month
India’s UPI has a new foreign use case, and this time, it’s France. Previously, UAE, Japan, the US, Singapore, Bhutan and Nepal were accepting UPI.
The Reserve Bank of India (RBI) has, over the past decade, put in place various safety and security measures for card payments, including the requirement of...
Linking credit cards to UPI is a game changing move by the Reserve Bank of India that could increase credit card penetration and expand the scope of digital...
The Reserve Bank of India came out with a slew of announcements to expand the scope of paperless transaction and digital banking across the Tier-III to Tier-VI...