SBI Card collaborates with NPCI to enable RuPay credit cardholders to engage in UPI transactions. Learn more.
NPCI’s international arm, NIPL, and Worldline payments have partnered up to enable Indians travelling in Europe to use their UPI and RuPay payment mechanisms for making payments abroad
During the month, 678 crore transactions in volume terms were done on the platform launched in 2016.
Despite this, traders are accommodating the high-denomination notes for even small purchases as people rush to offload currency following the surprise withdrawal announcement by the Reserve Bank of India.
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
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
Recently, the RBI also enabled visitors from G20 counties to be on-boarded to the UPI platform without having a bank account in the country
In his message at the Global Fintech Fest, PM Modi said the sector has been an example of the wonders that can be worked when a government that encourages innovation comes together with the energy of young and inventive minds
The UPI network processed 6.28 billion transactions worth Rs 10.63 trillion in July 2022. The UPI-credit card is widely expected to give a further boost to...
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...
Asbe said there will be ten times growth in the transaction volumes and Indians will be executing a billion digital payments transaction in a day
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.
India’s instant payment solution, the UPI, processed Rs 10.41 lakh crore in 5.95 billion transactions in May 2022.
The Reserve Bank of India (RBI) in March had barred Paytm Payments Bank from onboarding new customers, citing “material supervisory concerns” observed at...
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...
UPI payments have become ubiquitous and became the first big thing which impacted retail, Nilekani, the founding chairman of UIDAI (Aadhaar), noted
A UPI transaction takes mere seconds and is the most preferred payment mechanism in India. Here’s how security matches its speed.
MobiKwik has disabled its e-wallet services from all major crypto exchanges in India from April 1, according to senior executives from different crypto...
The new guidelines will come into force for public issues opening on or after May 1, 2022, Sebi said in a circular.
Earlier this month, Macquarie reduced the target price of stocks of One97 Communications Limited, Paytm's parent company by 36 per cent from Rs 700 to Rs 450.
This will allow people to make payments by just tapping their phones against the POS terminal.