Fri, Dec 29, 2023
"International money transfers via UPI can be made at any time of the day. The system is designed for 24/7 operations, enabling users to initiate and receive transfers around the clock, which provides significant convenience for users in different time zone," says Anup Nayyar, CEO-Domestic at In-Solutions Global.
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Tue, Feb 21, 2023
Prime Minister Narendra Modi and Singapore Prime Minister Lee Hsien Loong virtually witnessed the launch of cross-border connectivity.
Tue, Dec 06, 2022
While there was a 25 per cent increase in the demand for micro-ATMs and mPOS instruments, the EMI collections for financial institutions and NBFCs saw a steep growth of over 200 per cent.
Tue, Nov 01, 2022
About 63 per cent will purchase in-app/in-browser gift vouchers, 55 per cent would buy insurance and investment products in the next 12 months, the report mentioned.
Wed, Oct 12, 2022
UPI, RuPay, BHIM to go global: Govt in talks with THESE nations to make Indian mobile payment apps acceptable | Check details
Mon, Sep 12, 2022
Experts and market players are of the view that the increase in volume and value of digital transactions bode well for the economy. It also indicates that consumers are increasingly becoming familiar with different modes of digital payments, and giving up their inhibitions.
Tue, Sep 06, 2022
Using an open source protocol, ONDC switches the approach from closed platforms to a network that creates interoperability across all on boarded applications, says the report.
Mon, Aug 22, 2022
The RBI discussion paper issued earlier this month said, UPI as a fund transfer system is like IMPS and therefore, it could be argued that the charges in UPI need to be similar to charges in IMPS for fund transfer transactions.
Fri, Aug 19, 2022
The partnership will provide Indian travellers a familiar and convenient way to make payments in the UK.
Tue, Aug 09, 2022
The tech giant plans to launch a shopping app for the Indian consumers, along with their social circle, harnessing the ONDC network to discover the best pricing among retailers and sellers.
Fri, Jul 01, 2022
UPI-enabled digital transaction remained above Rs 10 lakh crore in June for the second month in a row, data from NPCI showed on Friday.
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.
Sat, Jan 09, 2021
If you are an SBI account holder, you might experience some banking issues today, i.e January 9. As per the State Bank of India, it is upgrading its UPI platform.
Wed, Dec 30, 2020
There are many banking rules that are set to change From January 1, 2021. These rules are likely to impact you in one way or another.
Mon, Nov 04, 2019
Unified Payments Interface or UPI is a system that powers multiple bank accounts merging several banking features into a single mobile application providing seamless fund routing and merchant payments. The feature was introduced to make digital payments easier and while it has done that successfully, unfortunately, fraudsters have found a new way of looting customers.
Fri, Jul 05, 2019
FM Sitharaman said, "To promote other electronic modes of payment, it is proposed to amend these provisions to also allow payment or receipt through other prescribed electronic modes."
Wed, Jun 05, 2019
Explaining its new milestone, Paytm gave credit to hefty rise in usage of digital payment via credit cards, debit cards, wallets and Unified Payments Interface (UPI).
Tue, Oct 02, 2018
"Our country is embracing digital payments for their everyday use cases. Paytm has built an ecosystem where users can make payments for various services such as mobile recharges, electricity and water bills, metro commute and also at the offline stores," Paytm Senior Vice President Deepak Abbot said.
Thu, Dec 08, 2016
On its way to complete two billion transactions this year surpassing its own expectations, Digital payments platform Paytm today said it aims to become universal payments app across every bank account.
Mon, Aug 29, 2016
Ratan Tata, Nandan Nilekani and Vijay Kelkar have come together to set up a technology-enabled microfinance entity, Avanti Finance, which will focus on delivering affordable and timely credit to underserved and unserved segments in India.
Binny Bansal, Group CEO and Co-founder, Flipkart said, “UPI is a watershed moment in the digital payments industry, not just in India but worldwide. I’m thrilled that PhonePe and YES Bank are working together closely to spearhead the digital payments revolution in India.”
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