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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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SBI chief moots dedicated spectrum for financial transactions

SBI chief moots dedicated spectrum for financial transactions

Wed, Feb 22, 2017

She said telcos being commercial entities have their objectives to ensure that they can carry voice, data with better clarity and speed and to make profits.

Digital payments app BHIM crosses 17 million downloads,says NITI Aayog's CEO Amitabh Kant

Digital payments app BHIM crosses 17 million downloads,says NITI Aayog's CEO Amitabh Kant

Tue, Feb 21, 2017

Digital payments app BHIM has crossed 17 million downloads so far NITI Aayog CEO Amitabh Kant said on Tuesday.

You can now pay for and request Uber rides with JioMoney app

You can now pay for and request Uber rides with JioMoney app

Mon, Feb 20, 2017

Telecom new entrant, Reliance Jio and cab aggregator platform, Uber announced the commencement of a ‘strategic’ partnership allowing users to pay for rides using JioMoney app.

BharatQR launched; here’s what it is all about

BharatQR launched; here’s what it is all about

Mon, Feb 20, 2017

The government of India on Monday approved the functioning of an independent Payment Regulatory Board at the launch of BharatQR code held today.

Paytm aims to get nearly a third of all Indians as its customers by 2020, here’s how

Paytm aims to get nearly a third of all Indians as its customers by 2020, here’s how

Thu, Feb 16, 2017

Mobile recharge to e-wallet and e-commerce platform Paytm owner Vijay Shekhar Sharma on Wednesday announced at the Retail Leadership Summit that the company wants to get nearly one third of India’s population on its portal.

Income Tax Department in process of developing app to pay income taxes, apply for PAN cards

Income Tax Department in process of developing app to pay income taxes, apply for PAN cards

Wed, Feb 15, 2017

The Income Tax Department of India will soon launch an app which will help people to pay their taxes, apply for PAN cards or track tax returns.

Rajya Sabha passes Payment of Wages Amendment Bill; here’s all you need to know

Rajya Sabha passes Payment of Wages Amendment Bill; here’s all you need to know

Thu, Feb 09, 2017

The Payments of Wages amendment bill was passed by the upper house of parliament on February 8, a day after the Lok Sabha passed it. The bill was introduced in the lower house of Parliament on January 17 of this year and sought to change the way employers pay their employees in India.

Government introduces fresh bill for cashless wages

Government introduces fresh bill for cashless wages

Fri, Feb 03, 2017

The government on Friday introduced a fresh bill on payment of wages through account transfer and cheques, after withdrawing an earlier bill that was introduced in December last year.

RBI cautions against use of bitcoins, other virtual currencies

RBI cautions against use of bitcoins, other virtual currencies

Thu, Feb 02, 2017

The Reserve Bank of India (RBI) has cautioned the users of virtual currencies, including bitcoins, pointing out that it has not issued any licence or authorisation to any company to trade in these and that the users are doing it at their own risk.

Note ban: Govt spent Rs 94 crore on ads to popularise e-payments

Note ban: Govt spent Rs 94 crore on ads to popularise e-payments

Thu, Feb 02, 2017

Nearly Rs 94 crore has been spent by the government for spreading awareness about digital payments and popularising less-cash economy post demonetisation, the Rajya Sabha was informed today.

Budget 2017: E-commerce companies expect govt to announce policies for ease of funding, reduction in income tax, others

Budget 2017: E-commerce companies expect govt to announce policies for ease of funding, reduction in income tax, others

Tue, Jan 31, 2017

Find out what e-commerce companies expect from India's Union Budget 2017-18 which will be presented on February 1.

India's GDP likely to be 6.8% in 2016-17, RBI to maintain status quo on Feb 8: Ficci survey

India's GDP likely to be 6.8% in 2016-17, RBI to maintain status quo on Feb 8: Ficci survey

Mon, Jan 30, 2017

Ficci in its latest survey has projected India's economy to grow 6.8% for the year 2016-17.

As BHIM downloads touch 5 million, 'teething problems' hit payment app

As BHIM downloads touch 5 million, 'teething problems' hit payment app

Wed, Jan 25, 2017

One user criticised the "very very poor app establishment", citing the inability to generate a PIN using the Maestro debit card. Asking the authorities to "please look into the matter at the earliest", he contended that some 30-40 per cent of account holders have debit cards without expiry dates.

Tax cash transactions, Committee tells Govt; Finance Ministry says no final view yet

Tax cash transactions, Committee tells Govt; Finance Ministry says no final view yet

Wed, Jan 25, 2017

The Committee of Chief Ministers on Digital Payments led by Chief Minister of Andhra Pradesh Chandrababu Naidu submitted their interim report to Prime Minister Narendra Modi on Tuesday January 24, 2017.

Demonetisation drive to favour country's big gold jewellery store chains: World Gold Council

Demonetisation drive to favour country's big gold jewellery store chains: World Gold Council

Tue, Jan 24, 2017

India`s drive to bring transparency to bullion trading, along with the rise of branded gold jewellery, could help major retailers raise their share of the world`s second-biggest gold market to 40% by 2020, the World Gold Council (WGC) said.

Budget 2017: Payment gateway cos expect govt to offer incentives, tax breaks & exemptions to boost digital transactions

Budget 2017: Payment gateway cos expect govt to offer incentives, tax breaks & exemptions to boost digital transactions

Mon, Jan 23, 2017

Find out what are Budget 2017 expectations of payment gateway companies like Telr, Payoneer, Atom Technologies, TechProcess Payment Services, RazorPay, Chillr, Happay and PayU India.

Now, NPCI tells PhonePe app is in contravention of UPI guidelines

Now, NPCI tells PhonePe app is in contravention of UPI guidelines

Fri, Jan 20, 2017

After directing ICICI Bank to accept payments from PhonePe app through UPI, it now tells PhonePe it has been going against the guidelines.

Digitisation to ensure people pay taxes, says Paytm chief

Digitisation to ensure people pay taxes, says Paytm chief

Fri, Jan 20, 2017

The demonetisation came into play and people had to come in and deposit the money or else it would go waste, he said.

NPCI asks ICICI Bank to open up to PhonePe "immediately"

NPCI asks ICICI Bank to open up to PhonePe "immediately"

Fri, Jan 20, 2017

SBI had also blocked money transfers by its account holders to Paytm, Mobikwik and Freecharge.

BHIM logs in 1.1crore downloads within 20 days of launch: Ravi Shankar Prasad

BHIM logs in 1.1crore downloads within 20 days of launch: Ravi Shankar Prasad

Thu, Jan 19, 2017

The BHIM app downloads which have shot up in a matter of a few days "shows how India is changing" with regard to adoption of digital payments and cashless transactions, the Minister pointed out.

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