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Upi Payment

Google Play Launches UPI Autopay In India: Report

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.

16 November 2022

Google Pay | UPI Pin

How To Change UPI Pin Via Google Pay; Here Is A Step-By-Step Guide

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...


India In Line With RBI’s Vision, Records 20.57 Billion Online Payments in Q2 2022

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 transactions over cash as well, says Worldline research report


Paytm On Right Path To Profitability, Free Cash Flows: Vijay Shekhar Sharma

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.

14 November 2022

Delhi Govt To Waive Late Payment Surcharge On Water Bills Till Dec 31

Delhi Govt To Waive Late Payment Surcharge On Water Bills Till Dec 31

On Monday, Delhi Chief Minister Arvind Kejriwal said his government would waive late fees on outstanding water bills until December 31.


Now, Transact Without Internet And PIN On UPI Lite With PNB, SBI, HDFC Bank And 5 Others Banks

Now, Transact Without Internet And PIN On UPI Lite With PNB, SBI, HDFC Bank And 5 Others Banks

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 mind before using it

26 September 2022

Unified Payments Service (UPI)

UPI Transactions Rise 7.7% To 730 Crore In October

In September, there were 678 crore UPI-led digital transactions worth Rs 11.16 lakh crore

01 November 2022

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India's Success In Popularising Digital Payment Proved Sceptics Wrong: Nirmala Sitharaman

During the lockdown induced by the COVID-19 pandemic, people received money in their bank accounts just by pressing a button, she said

22 September 2022

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20 September 2022
Why Are NPCI And UPI Companies Not On The Same Page On Limiting Market Share?

Why Are NPCI And UPI Companies Not On The Same Page On Limiting Market Share?

While dominant players like PhonePe and Google Pay are seeking an extension of the deadline till January 2023, purportedly to safeguard their market share,...


09 September 2022
ONDC May Be Opened To Public Soon, Says Official

ONDC May Be Opened To Public Soon, Says Official

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


08 September 2022
4 Steps To Seamlessly Make UPI Payments Through WhatsApp

4 Steps To Seamlessly Make UPI Payments Through WhatsApp

In a move to make UPI payments even simpler, WhatsApp is now allowing users to send money as swiftly as sending an emoji


22 August 2022
No UPI Transaction Charges, Says Finance Ministry; But Where Did The Confusion Start?

No UPI Transaction Charges, Says Finance Ministry; But Where Did The Confusion Start?

Fintech companies welcome initiative as UPI has brought many business and consumers into mainstream banking channels. According to NCPI, approximately 6.28...


05 August 2022
RBI Monetary Policy: BBPS To Process Inbound Bill Payments From NRIs, To Benefit Senior Citizens

RBI Monetary Policy: BBPS To Process Inbound Bill Payments From NRIs, To Benefit Senior Citizens

RBI monetary policy announces major relief for senior citizens by enabling bill payments from overseas through Bharat Bill Payment System (BBPS).


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27 July 2022
What Are Newly Proposed MDR rates For UPI-linked RuPay Credit Card transactions?

What Are Newly Proposed MDR rates For UPI-linked RuPay Credit Card transactions?

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...


01 July 2022
UPI Transactions Remain Above Rs 10 Lakh Crore In June For Second Month In A Row: NPCI Data

UPI Transactions Remain Above Rs 10 Lakh Crore In June For Second Month In A Row: NPCI Data

However, it was down by nearly 3 per cent from the previous month


17 June 2022
UPI’s Universality On Rise: Now, Indians Can Pay In Euros In France With UPI, RuPay Cards

UPI’s Universality On Rise: Now, Indians Can Pay In Euros In France With UPI, RuPay Cards

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.


17 June 2022
RBI Raises Limit Of E-Mandates For Transactions Up To Rs 15,000

RBI Raises Limit Of E-Mandates For Transactions Up To Rs 15,000

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...


10 June 2022
Linking Credit Cards To UPI To Increase Card Usage In India, Says Goldman Sachs Report

Linking Credit Cards To UPI To Increase Card Usage In India, Says Goldman Sachs Report

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...


08 June 2022
RBI Expands E-Mandate Limit, Links UPI To Rupay Credit Cards: What It Means For You

RBI Expands E-Mandate Limit, Links UPI To Rupay Credit Cards: What It Means For You

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...


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08 June 2022
Reserve Bank Of India  Allows Credit Cards To Be Linked With UPI Platform

Reserve Bank Of India Allows Credit Cards To Be Linked With UPI Platform

UPI has become the most inclusive mode of payment in India, with over 26 crore unique users and 5 crore merchants onboarded on the platform.


04 June 2022
What Makes India's Unified Payments Interface (UPI) A Global Test Case?

What Makes India's Unified Payments Interface (UPI) A Global Test Case?

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...


03 June 2022
UPI Processed Rs 10.41 Lakh Crore Worth of Transactions In May 2022

UPI Processed Rs 10.41 Lakh Crore Worth of Transactions In May 2022

India’s instant payment solution, the UPI, processed Rs 10.41 lakh crore in 5.95 billion transactions in May 2022.


31 May 2022
Sebi Says ASBA Application Will Be Processed Only After Money Is Blocked in Investor's Account 

Sebi Says ASBA Application Will Be Processed Only After Money Is Blocked in Investor's Account 

Securities and Exchange Board of India on Monday, May 30, 2022, has tweaked the facility of Application Supported by Blocked Amount (ASBA) in Public Issues for...


28 May 2022
Private Banks Witnessed More Fraud Cases, But Public Sector Banks Lost More, Says RBI Report

Private Banks Witnessed More Fraud Cases, But Public Sector Banks Lost More, Says RBI Report

Despite having higher number of fraud cases, the value of frauds was lower at private sector banks compared to public sector banks, shows RBI data.


20 May 2022
Apple Adds UPI And Netbanking As Payment Option For Indian Users On App Store

Apple Adds UPI And Netbanking As Payment Option For Indian Users On App Store

A few weeks back, Apple had removed Indian debit and credit card payments as it could not comply with an RBI directive. Now Apple has added UPI and Netbanking...


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