UPI
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Stories
With 19% growth in October, UPI crosses 482 Mn transaction volume
The digital payments railroad UPI has maintained its growth in October. The NPCI-owned payments interface has recorded 482.36 million transactions…
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Stories
NPCI limits daily P2P UPI transactions per bank account to 10 from 20
To encourage genuine transactions in the UPI ecosystem, the National Payments Corporation of India (NPCI) has revised peer-to-peer (P2P) transactions…
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Stories
RBI is likely to take over regulatory framework of UPI from NPCI
Reserve Bank of India (RBI) is likely to take over the regulatory framework of Unified Payments Interface (UPI) from National…
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Stories
WhatsApp only mirroring payments data not fully complying with regulations: NPCI officials
While cloud around WhatsApp Pay launch seemed to have got over as it recently announced local system to store data in India,…
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Stories
Facebook’s long term monetisation plan for WhatsApp may roll out soon
It seems WhatsApp is expanding its wing in a full-fledged manner. The Facebook-owned company, which has been in the final…
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UPI 2.0 becomes instant hit, records 32% spike in transaction volume in August
Going against all the odds, UPI has again testified the quick adoption of digital payments in India. After a declination…
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NPCI launches UPI 2.0 with overdraft facility, block payment option, QR code payment
In an attempt to ease digital transactions, UPI has been upgraded today to 2.0 version with various new and important…
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Remove Aadhaar-based payments via UPI, IMPS by August: NPCI instructs banks
As UPI 2.0 is knocking the door, many functionalities such as collect payment requests, invoice/bill attachment, signed intent/quick response code,…
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After MobiKwik criticism, Govt withdraws incentive scheme on BHIM UPI
Image source In a surprising move, the government has withdrawn incentive scheme of up to Rs 1,000 for accepting payments…
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Mobile wallets bounce back after slump, record 2nd highest transactions in May
In what could be seen as mobile wallets strides to bounce back from mandatory know-your-customer (KYC) requirements setback three months…
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