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NRIs Can Use UPI with International Numbers

NRIs Can Use UPI with International Numbers

Wed, Nov 06, 2024

Non-Resident Indians (NRIs) with international phone numbers can now make UPI transactions. This video explains the simple steps to enable UPI for NRIs and how to link international phone numbers to make secure payments. Follow along for an easy guide on using UPI from abroad.

This country to get India's UPI-like real-time payments platform soon

This country to get India's UPI-like real-time payments platform soon

Fri, Sep 27, 2024

NPCI International Payments Ltd (NIPL), a subsidiary of the National Payments Corporation of India (NPCI), said on Friday that it had entered into a strategic partnership with the Ministry of Digital Transformation (MDT) of Trinidad and Tobago to develop a real-time payments platform.

RBI reports 97.96% Rs 2000 banknotes returned, streamlining currency circulation and boosting digital payments amid withdrawal drive

RBI reports 97.96% Rs 2000 banknotes returned, streamlining currency circulation and boosting digital payments amid withdrawal drive

Wed, Sep 04, 2024

Explore the latest RBI actions, including the ongoing Rs 2000 banknotes withdrawal and recent monetary penalties imposed on banks and non-banking financial companies for regulatory non-compliance and operational violations.

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Money Guru: How to avoid over spending? Should you use credit cards?

Money Guru: How to avoid over spending? Should you use credit cards?

Thu, Jun 13, 2019

In this episode of Money Guru, you will get to know some important ways to avoid over spending so as to save your hard-earned money. Also, this episode will help you understand pros and cons of credit cards.

Digital payments: MobiKwik registers 400% growth in fund transfer

Digital payments: MobiKwik registers 400% growth in fund transfer

Mon, Jun 10, 2019

In May 2019, MobiKwik has clocked Rs 362 crore in GTV In the IMPS fund transfer category.

Here's how Debit card payments, ATM withdrawals have grown

Here's how Debit card payments, ATM withdrawals have grown

Sat, May 18, 2019

Even as ATM withdrawals grew at 15 per cent, number of Point of Sales (PoS) terminals jumped over 27 percent in March 2019 compared to the same period last year, according to data released by RBI.

No cash in ATM? Try these methods for purchases, payments

No cash in ATM? Try these methods for purchases, payments

Thu, Apr 18, 2019

One can always opt for digital methods of payment or the plastic form of currency when there is no immediate availability of cash currency.

Unauthorised surcharge on digital payments weighs on users by banks

Unauthorised surcharge on digital payments weighs on users by banks

Mon, Mar 04, 2019

According to a report by a professor of IIT Bombay, Banks have charged unauthorised surcharge on digital payments weighs on users

Indian Rail’s Biggest Push For Digital Payments: IRCTC IPay

Indian Rail’s Biggest Push For Digital Payments: IRCTC IPay

Mon, Mar 04, 2019

In a step forward to digitalize India, Indian Railways has introduced an online payment platform, which is called IRCTC iPay.IRCTC will have full control over payment.

Physical banks will die, physical managers will die: Amitabh Kant

Physical banks will die, physical managers will die: Amitabh Kant

Sun, Nov 04, 2018

"Aadhaar act does not recognise the power of paper. The paper that is used is of no use. The act recognises only biometrics. The paper will again take us to stone age. My strong belief is that India must come up with a privacy law and India must allow private sector to innovate. That is the only way India will move forward," he said.

Digital transactions in India could be worth $1 trillion annually by 2025, says a report

Digital transactions in India could be worth $1 trillion annually by 2025, says a report

Tue, Mar 13, 2018

Digital transactions in India: Mass adoption of e-payments and a thriving fintech scene, combined with regulatory policy, are set to propel India into a leading position in the global payments landscape, it said adding unified payments interface (UPI) transactions are a key driver of greater financial inclusion.

Real growth potential of internet usage lies in rural sector

Real growth potential of internet usage lies in rural sector

Wed, Feb 21, 2018

For the next boost of internet growth, there are certain roadblocks that need to be addressed before the untapped user-base can be converted to internet users.

Pallavi Shroff to join Paytm Board

Pallavi Shroff to join Paytm Board

Mon, Feb 19, 2018

Shroff is presently a director on the boards of many Indian companies, including Maruti Suzuki India, Apollo Tyres, Trident Group, and Juniper Hotels

WhatsApp vs Paytm: Govt body asks WhatsApp to follow guidelines

WhatsApp vs Paytm: Govt body asks WhatsApp to follow guidelines

Sat, Feb 17, 2018

NPCI said that the full-scale public launch of the feature will be permitted only after the Facebook-owned platform meets all the required norms

India Post Payments Bank pan-India roll out from April

India Post Payments Bank pan-India roll out from April

Sat, Feb 10, 2018

In 2015, RBI had granted 'in-principle' approval to 11 entities, including the Department of Posts, to set up payments banks

Soon, you can make payments through WhatsApp

Soon, you can make payments through WhatsApp

Thu, Jan 18, 2018

WhatsApp's payments feature is highly anticipated because of the huge popularity of the app across diverse populations in India.

How the government's MDR reimbursement decision impacts you

How the government's MDR reimbursement decision impacts you

Sun, Dec 17, 2017

Read how the government's MDR reimbursement decision will impact customers and railway commuters.

51% mobile users in India look at their phones every 10 minutes

51% mobile users in India look at their phones every 10 minutes

Wed, Dec 13, 2017

The KPMG survey report titled 'Me, My Life, My Wallet: A New Customer Engagement Framework', also said that almost 57% people in the country would rather lose their phone than their wallet compared to 61% in UK, 74% in US and 29% in China.

Railways to release list of best and worst performing trains

Railways to release list of best and worst performing trains

Fri, Dec 08, 2017

Railway Minister Piyush Goyal reportedly wants the railways to improve performance with a focus on passenger safety, and decline in derailment by half. He also wants to improve the punctuality of the trains.

Govt's digital payments push making banks suffer a loss of Rs 3,800 crore: SBI

Govt's digital payments push making banks suffer a loss of Rs 3,800 crore: SBI

Thu, Sep 28, 2017

The number of point of sale (PoS) terminals post demonetisation increased from 13.8 lakh in March, 2016 to 28.4 lakh in July, 2017.

UPI still way behind other digital payments despite growing tie-ups with mobile apps

UPI still way behind other digital payments despite growing tie-ups with mobile apps

Mon, Sep 18, 2017

Google finally launched Tez mobile payment app which is integrated with UPI. This comes a day after Airtel Payment Bank announced tie-up with UPI.

Adoptions rise but mobile wallets still less than 1% of all digital transactions

Adoptions rise but mobile wallets still less than 1% of all digital transactions

Fri, Aug 25, 2017

Mobile wallets that were glorified during the demonetisation era were just 1% of overall value transactions in FY17.

Online banking services: E-wallets vs Internet banking; which one should be in your smartphone

Online banking services: E-wallets vs Internet banking; which one should be in your smartphone

Sun, Aug 20, 2017

Minister for electronics and information technology Ravi Shankar Prasad said, there were around Rs12,000 crore worth of digital transactions every year and the number of fraudulent transactions among these was low.

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