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UPI payment crosses Rs 11 lakh crore milestone in September: NPCI data

UPI payment crosses Rs 11 lakh crore milestone in September: NPCI data

Tue, Oct 04, 2022

It is expected that payment through UPI would create another record both in terms of transaction and value in the festival month of October and November.

UPI transaction value touches Rs 10.73 lakh crore in August

UPI transaction value touches Rs 10.73 lakh crore in August

Thu, Sep 01, 2022

Of the other data sets on the NCPI framework, the instant transfer-based IMPS clocked transactions worth Rs 4.46 lakh crore in August, relating to a total of 46.69 crore transactions.

1st outside India - NPCI to deploy UPI payments platform in Nepal

1st outside India - NPCI to deploy UPI payments platform in Nepal

Thu, Feb 17, 2022

The international arm of NPCI on Thursday announced to deploy UPI in Nepal to bolster interoperable real-time P2P, P2M and potential cross-border P2P remittances between Nepal and India.

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Paytm Payments Bank leads UPI beneficiary chart with 926.17 mn transactions; SBI biggest remitter in December

Paytm Payments Bank leads UPI beneficiary chart with 926.17 mn transactions; SBI biggest remitter in December

Thu, Jan 13, 2022

Paytm Payments Bank has emerged as the biggest receiver of UPI amount with 926.17 million transactions while public sector bank SBI topped the chart of being the biggest remitter in December, according to data released by the National Payments Corporation of India (NPCI).

Transferring money through Google Pay not protected by law? Here is truth

Transferring money through Google Pay not protected by law? Here is truth

Thu, Jun 25, 2020

The National Payments Corporation of India (NPCI) has clarified that all payments through Google Pay are fully protected.

ICC World Cup 2019: NPCI announces cashback offers for international RuPay debit cardholders

ICC World Cup 2019: NPCI announces cashback offers for international RuPay debit cardholders

Mon, Jun 10, 2019

To enhance the World Cup fervour and make Team India fans' trip to England more exhilarating, the NPCI has announced various cashback offers for the cricket fans travelling to England.

UIDAI asks banks not to discontinue Aadhaar payment system

UIDAI asks banks not to discontinue Aadhaar payment system

Sat, Dec 01, 2018

The UIDAI on Friday asked banks not to discontinue the Aadhaar Enabled Payment System (AEPS) as it may create obstruction in the delivery of welfare benefits.

Can't eNACH, do zipNACH! NPCI bans eSign-based eMandate from today; Here are options for lenders

Can't eNACH, do zipNACH! NPCI bans eSign-based eMandate from today; Here are options for lenders

Mon, Nov 26, 2018

With the National Payments Corporation of India (NPCI) decision to suspend eSign-based eMandate coming into effect from today, the operational costs of digital lenders are set to increase.

WhatsApp rolls out payment feature

WhatsApp rolls out payment feature

Sat, Feb 10, 2018

The exercise is being undertaken in partnership with the National Payments Corporation of India

E-commerce sector rides on Digital India, note ban

E-commerce sector rides on Digital India, note ban

Sat, Dec 30, 2017

More than computer-based Internet penetration and broadband extension, the record growth of smartphones and the 4G network rollout made e-tailing popular even in secondary cities and towns across the country thanks to easy and quick access to information and data on products and services.

EPFO makes a New Year resolution to better service delivery

EPFO makes a New Year resolution to better service delivery

Wed, Dec 20, 2017

Keen on service overhaul, the Employees' Provident Fund Organisation (EPFO) looks to start with linking of provident fund accounts with biometric identifier Aadhaar and generation of Universal Account Number (UAN) through mobiles.

NPCI says UPI transactions rose 10% in July

NPCI says UPI transactions rose 10% in July

Wed, Aug 02, 2017

Key Highlights: UPI transactions in July rose 10%, at 11.63 million In value terms, transactions stood at Rs 3,411 crore

Indian Overseas Bank goes live with Bharat Bill Payment system

Indian Overseas Bank goes live with Bharat Bill Payment system

Sat, Jul 29, 2017

BBPS is an integrated bill payment system that offers inter-operable online bill payments to customers.

UPI crosses 1 crore transaction in June, says NPCI

UPI crosses 1 crore transaction in June, says NPCI

Mon, Jul 03, 2017

This is a staggering 10-fold increase in 11 months from barely one million UPI transactions in August 2016 to over 10 million in June this year.

Banks to start charging for peer-to-peer payments on UPI

Banks to start charging for peer-to-peer payments on UPI

Wed, Jun 07, 2017

Nearly two years after operationalisation of the Unified Payment Interface (UPI), banks have started moving to charge for peer-to-peer payments on the new platform.

Here's everything to know about 'WannaCry' ransomware; measures & more

Here's everything to know about 'WannaCry' ransomware; measures & more

Mon, May 15, 2017

The 'WannaCry' ransomware has attacked about 150 countries across the world but little is being talked about what is this cyber attack about,which countries are affected and how to prevent it. Here's everything to know about 'WannaCry' ransomware.

IT Ministry reaches out to RBI, others against Wanna Cry ransomware

IT Ministry reaches out to RBI, others against Wanna Cry ransomware

Mon, May 15, 2017

The cyber criminals have demanded a fee of about USD 300 in crypto-currencies like Bitcoin for unlocking the device.

Whatsapp to use UPI payments soon; here's how it may work

Whatsapp to use UPI payments soon; here's how it may work

Wed, Apr 05, 2017

Facebook owned messaging app, Whatsapp may soon launch Unified Payments Interface (UPI) to promote peer-to-peer payment on its platform among other payment modes. Whatsapp that has 200 million users in India would have its own mobile wallet which could be out in a matter of six months.

Digital transactions: Is UPI finally making the right bet to grow?

Digital transactions: Is UPI finally making the right bet to grow?

Tue, Apr 04, 2017

Nearly seven months since its launch, Unified Payments Interface (UPI) has failed to rock the digital transactions boat in India. Even demonetisation that forced the government to pivot to making India a 'less-cash' society hasn't helped much.

Reliance Retail in partnership with NPCI announces UPI Payments app facility across 200 stores in Mumbai

Reliance Retail in partnership with NPCI announces UPI Payments app facility across 200 stores in Mumbai

Thu, Mar 30, 2017

Reliance Retail in partnership with National Payments Corporation of India (NPCI) on Thursday launched mobile-based in-store UPI Payments facility app over 200 stores in Mumbai.

HDFC Bank, Kotak Mahindra Bank go live with Bharat Bill Payment System

HDFC Bank, Kotak Mahindra Bank go live with Bharat Bill Payment System

Wed, Feb 08, 2017

Customers of the two banks, while logging into your net banking accounts, can now avail this scheme on bills and payment option. They can make payment of multiple bills from a single platform without visiting different sites or issuing individual cheques.

NPCI expects all public sector banks to join BHIM platform by end of February

NPCI expects all public sector banks to join BHIM platform by end of February

Tue, Feb 07, 2017

NPCI expects all public sector banks to join its recently launched BHIM platform by the end of February this year.

Govt to give cashback for using BHIM app; Jaitley says

Govt to give cashback for using BHIM app; Jaitley says

Wed, Feb 01, 2017

Jaitely said, "The government will launch two new schemes to promote usage of BHIM app and these are Referral Bonus Scheme for individuals and a Cashback Scheme for merchants."

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