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National Payments Corporation of India (NPCI)

IMPS New Money Transfer Rule: Soon send up to Rs 5 lakh without adding beneficiary

IMPS New Money Transfer Rule: Soon send up to Rs 5 lakh without adding beneficiary

Wed, Oct 18, 2023

National Payments Corporation of India is pondering over the process where a user can send up to Rs 5 lakh through IMPS just by using the receiver's mobile number and the bank account name.

NPCI launches open source BHIM app licensing model

NPCI launches open source BHIM app licensing model

Thu, Nov 10, 2022

The source code of BHIM App will help those who do not have UPI app of their own, to empower them to launch their own UPI app.

Nandan Nilekani pitches for introducing BNPL products on UPI platform

Nandan Nilekani pitches for introducing BNPL products on UPI platform

Wed, Sep 21, 2022

The National Payments Corporation of India (NPCI) on Thursday launched the Rupay credit card on UPI platform, following a RBI policy move authorising it.

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UPI's global expansion continues: Indian travellers can now use service in THIS country

UPI's global expansion continues: Indian travellers can now use service in THIS country

Fri, Aug 19, 2022

The partnership will provide Indian travellers a familiar and convenient way to make payments in the UK.

NPCI chief Dilip Asbe explains when cash usage will come down

NPCI chief Dilip Asbe explains when cash usage will come down

Fri, Jul 22, 2022

NPCI Managing Director and Chief Executive Officer Dilip Asbe said right now, the overall universe of people using services like the Unified Payments Interface (UPI) is 250 million or about a fifth of the population.

Beware of UPI payment reward scam! Avoid these things to protect your money

Beware of UPI payment reward scam! Avoid these things to protect your money

Wed, Jul 13, 2022

UPI Payment Reward Scam: UPI payment apps have transformed the way we pay money for services or transfer money online. We often get reward points or coupons for UPI payments. But in the world of cybercrime, such rewards can pose a threat and even can rob you. Zee Business Ekta Suri's report.

UPI in France: UPI, RuPay card to be run in France soon, NPCI signs MoU with Lycra Network

UPI in France: UPI, RuPay card to be run in France soon, NPCI signs MoU with Lycra Network

Thu, Jun 16, 2022

UPI in France: The National Payments Corporation of India International on Thursday signed a memorandum of understanding (MoU) with Lycra Network of France. According to this MoU, Indians can soon be able to pay with their UPI or RuPay card in France. This will be beneficial for Indian students or travelers.

RBI New Rule: Customers can withdraw money from any ATM without card

RBI New Rule: Customers can withdraw money from any ATM without card

Thu, May 19, 2022

The Reserve Bank on Thursday issued a rule for withdrawing money from any ATM without a card.

IPO: Individual investors can use UPI for up to Rs 5 lakh payment in public issues

IPO: Individual investors can use UPI for up to Rs 5 lakh payment in public issues

Tue, Apr 05, 2022

Sebi on Tuesday said individual investors applying in public issues of equity shares and convertibles can use Unified Payment Interface (UPI) for application amount up to Rs 5 lakh.

IndusInd Bank, NPCI partner to simplify cross-border money transfer through UPI

IndusInd Bank, NPCI partner to simplify cross-border money transfer through UPI

Mon, Dec 27, 2021

IndusInd Bank has joined hands with the National Payments Corporation of India (NPCI) to offer real-time cross-border remittances to India using UPI IDs, for its money transfer operator (MTO) partners, the bank said in a statement on Monday.

e-RUPI to be launched today by PM Modi—All you need to know about this cashless, DIGITAL PAYMENT solution developed by NPCI

e-RUPI to be launched today by PM Modi—All you need to know about this cashless, DIGITAL PAYMENT solution developed by NPCI

Mon, Aug 02, 2021

What is e-RUPI: It is a cashless and contactless instrument for digital payment developed by National Payment Corporation of India

RuPay cardholders alert! New features are here - Check how they will benefit you

RuPay cardholders alert! New features are here - Check how they will benefit you

Wed, Dec 16, 2020

NPCI has also introduced RuPay Contactless (Offline) feature for retail payments on pilot basis.

Yes Bank crisis: Do online transactions? Alert! Swiggy, Flipkart, others scrap UPI payments option

Yes Bank crisis: Do online transactions? Alert! Swiggy, Flipkart, others scrap UPI payments option

Fri, Mar 06, 2020

Payments on several digital platforms have been hit after restrictions were imposed on Yes Bank by the the Reserve Bank of India (RBI). The bank is one of the biggest back-end solution platforms for making UPI payments.

UPI user in Noida loses Rs 6.8 lakh from SBI account: Why it happened and how to avoid such fraud

UPI user in Noida loses Rs 6.8 lakh from SBI account: Why it happened and how to avoid such fraud

Fri, Dec 28, 2018

Earlier this month, a strange incident was reported from Uttar Pradesh's Noida where a UPI user reportedly lost Rs 6.8 lakh from his State Bank of India (SBI) savings account.

Ex-NPCI MD Abhay Hota joins Indiabulls Ventures as Independent Director

Ex-NPCI MD Abhay Hota joins Indiabulls Ventures as Independent Director

Sun, Aug 26, 2018

Hota, who served in the Reserve Bank of India for 27 years prior to joining NPCI, mostly worked in the areas of operating payment system platforms and payment system policy and his last such position with RBI was as Chief General Manager, Department of Payment and Settlement Systems, the company said in a statement.

UPI 2.0 launched: Massive benefits for bank customers available now

UPI 2.0 launched: Massive benefits for bank customers available now

Fri, Aug 17, 2018

Until now UPI could be linked only to savings bank accounts. In the new version, it can be linked to current accounts as well. The other features offer benefits to both individual customers as well as merchants in terms of enhanced security.

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

Samsung Pay now available on UPI; collaborates with Axis Bank

Samsung Pay now available on UPI; collaborates with Axis Bank

Thu, Apr 27, 2017

With the launch of UPI on Samsung Pay, users can create their unique virtual addresses @pingpay enabling them to make seamless bank to bank transfers.

No vulnerability of UPI or BHIM, assures NPCI

No vulnerability of UPI or BHIM, assures NPCI

Tue, Mar 21, 2017

He explained that since BHIM was launched, there have been 19.16 million downloads of which 5.1 million customers have linked it with their bank accounts.

Paytm suspends 'App POS' on data security concerns

Paytm suspends 'App POS' on data security concerns

Fri, Nov 25, 2016

Paytm had said it expects 10 million app POS to be downloaded before the weekend.

Banknotes ban effect: Transactions via RuPay cards nearly doubled

Banknotes ban effect: Transactions via RuPay cards nearly doubled

Fri, Nov 11, 2016

National Payments Corporation of India (NPCI) on Friday said “RuPay usage on Point Of Sale (PoS) / e-Commerce was around 8 lakh transactions a day compared with a daily average of 4 lakh transactions earlier. The value of transactions almost doubled.”

Unified Payments Interface set to go live for customers with 21 banks: NPCI

Unified Payments Interface set to go live for customers with 21 banks: NPCI

Thu, Aug 25, 2016

The banks with 1,000 pilot customers, 5,000 transactions and a success rate of around 80% will be permitted to go live.

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