India Upi
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Slovenian Tourist Says India's Payment System Is 'Years Ahead Of Most Countries'
A Slovenian traveller has praised India's UPI system for enabling cashless payments nationwide and reducing the need for cash.
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RBI Proposes 1-Hour Pause For High-Value UPI Payments: What It Means For You
UPI users may need time to adjust, but industry leaders believe that the time gap in payment will feel safer and more reliable in the long run.
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Keir Starmer Looks To India For Example On UK Plan For Digital ID
Keir Starmer spoke with Infosys Ltd. co-founder Nandan Nilekani, who is widely credited with implementing India's Unique ID Card in 2009, on Wednesday as part of his two-day visit to Mumbai.
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UPI Sets New Record With 16.5 Billion Transactions Worth Rs 23 Lakh Crore In October
The Unified Payments Interface (UPI)-based digital transactions continued to surge and in the month of October, the country saw 16.58 billion transactions worth Rs 23.5 lakh crore, the highest numbers since the UPI became operational in April 2016.
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UPI Circle Feature With Access to Secondary User Payments Rolled Out in India by NPCI
UPI Circle, the latest innovation in Unified Payments Interface (UPI) was rolled out by the National Payments Corporation of India (NPCI) last week. The feature allows UPI users to enable trusted people by letting them have access to their accounts. This way, those even without a UPI account can make transactions with the payment instrument.
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Swiggy UPI Backed by NPCI Launched in India for Faster Payment Experience: Features
Swiggy UPI was launched in India on Wednesday. The on-demand food delivery services platform has collaborated with the National Payments Corporation of India (NPCI) to roll out its UPI plug-in solution that aims to improve the payment experience by reducing the number of steps it takes to complete a transaction and making the whole process quicker.
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Online Payment Frauds Jump Over 400 Percent in India, RBI Data Shows
Digital payment frauds in India saw a 400 percent jump in the year ended March 2024, according to the Reserve Bank of India's (RBI) annual report. Data from the central bank shows that the value of transactions on UPI jumped 137% in the past two years to 200 trillion rupees, while the rise in online transactions is also boosted by cheap access to t...
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RBI Moves to Ensure UPI Transactions on Paytm Continue to Work After Strictures on Paytm Payments Bank
The Reserve Bank of India (RBI) has requested the National Payments Corporation of India (NPCI) to examine a request from Paytm to become a third-party application provider, in order to allow UPI payments on Paytm to continue working after the central bank's wind down date for Paytm Payments Bank.
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India Sign Pact To Interlink UPI With UAE's Instant Payment Platform
Multiple memoranda of understanding, including an MoU on interlinking of the instant payment platforms - UPI and UAE's AANI, were exchanged between India and the United Arab Emirates.
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"Internet Shutdowns Not Unique To India": Rajeev Chandrasekhar To NDTV At G20 Conclave
Internet shutdown is always the last resort and it is also not unique to India, Union Minister Rajeev Chandrasekhar said at the NDTV G20 Conclave today.
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Japan Explores Ways to Join India's UPI Payment System
Japan is mulling to join India's UPI payment system and promote cooperation on the digital identity system, an official statement said on Friday. Bhutan, Nepal, Singapore and UAE have already started accepting Unified Payment Interface (UPI) payment systems. Japanese Digital Minister Kono Taro earlier on Friday said in an interview with a media ch...
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RBI Proposes Allowing All Inbound Travellers to Use UPI for Merchant Payments in India
The RBI has proposed permitting all inbound travellers to use the unified payments interface (UPI) for merchant payments in India, RBI Governor Shaktikanta Das said on Wednesday. UPI payments for inbound passengers will be extended to travellers from G20 countries arriving at select international airports, he added.
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RBI to Launch Pilot Project for QR Code-Based Coin Vending Machines Using UPI in 12 Cities
RBI Governor Shaktikanta Das announced on Wednesday that a pilot project for a QR code-based coin vending machine would be launched by the central bank in 12 cities. Instead of tendering banknotes, these vending machines will dispense coins while debiting a customer's account using UPI.
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Coinbase Vouches Lawful Working in India as Its UPI-Buy Feature Faces NPCI Disapproval
Coinbase has said that it will comply with all Indian laws as it steps into the country’s crypto market. Hours after Coinbase announced the launch of its UPI-based crypto-purchasing feature, the National Payments Corporation of India (NPCI) refused to recognise the move. The NPCI oversees the UPI payments space in India.
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UPI Lite to Debut in India to Enable Small-Value Transactions in Offline Mode
UPI Lite is set to debut as an on-device wallet by the National Payments Corporation of India (NPCI) to enable users on the Unified Payments Interface (UPI) to make small-value transactions in offline mode.
-
Slovenian Tourist Says India's Payment System Is 'Years Ahead Of Most Countries'
A Slovenian traveller has praised India's UPI system for enabling cashless payments nationwide and reducing the need for cash.
-
RBI Proposes 1-Hour Pause For High-Value UPI Payments: What It Means For You
UPI users may need time to adjust, but industry leaders believe that the time gap in payment will feel safer and more reliable in the long run.
-
Keir Starmer Looks To India For Example On UK Plan For Digital ID
Keir Starmer spoke with Infosys Ltd. co-founder Nandan Nilekani, who is widely credited with implementing India's Unique ID Card in 2009, on Wednesday as part of his two-day visit to Mumbai.
-
UPI Sets New Record With 16.5 Billion Transactions Worth Rs 23 Lakh Crore In October
The Unified Payments Interface (UPI)-based digital transactions continued to surge and in the month of October, the country saw 16.58 billion transactions worth Rs 23.5 lakh crore, the highest numbers since the UPI became operational in April 2016.
-
UPI Circle Feature With Access to Secondary User Payments Rolled Out in India by NPCI
UPI Circle, the latest innovation in Unified Payments Interface (UPI) was rolled out by the National Payments Corporation of India (NPCI) last week. The feature allows UPI users to enable trusted people by letting them have access to their accounts. This way, those even without a UPI account can make transactions with the payment instrument.
-
Swiggy UPI Backed by NPCI Launched in India for Faster Payment Experience: Features
Swiggy UPI was launched in India on Wednesday. The on-demand food delivery services platform has collaborated with the National Payments Corporation of India (NPCI) to roll out its UPI plug-in solution that aims to improve the payment experience by reducing the number of steps it takes to complete a transaction and making the whole process quicker.
-
Online Payment Frauds Jump Over 400 Percent in India, RBI Data Shows
Digital payment frauds in India saw a 400 percent jump in the year ended March 2024, according to the Reserve Bank of India's (RBI) annual report. Data from the central bank shows that the value of transactions on UPI jumped 137% in the past two years to 200 trillion rupees, while the rise in online transactions is also boosted by cheap access to t...
-
RBI Moves to Ensure UPI Transactions on Paytm Continue to Work After Strictures on Paytm Payments Bank
The Reserve Bank of India (RBI) has requested the National Payments Corporation of India (NPCI) to examine a request from Paytm to become a third-party application provider, in order to allow UPI payments on Paytm to continue working after the central bank's wind down date for Paytm Payments Bank.
-
India Sign Pact To Interlink UPI With UAE's Instant Payment Platform
Multiple memoranda of understanding, including an MoU on interlinking of the instant payment platforms - UPI and UAE's AANI, were exchanged between India and the United Arab Emirates.
-
"Internet Shutdowns Not Unique To India": Rajeev Chandrasekhar To NDTV At G20 Conclave
Internet shutdown is always the last resort and it is also not unique to India, Union Minister Rajeev Chandrasekhar said at the NDTV G20 Conclave today.
-
Japan Explores Ways to Join India's UPI Payment System
Japan is mulling to join India's UPI payment system and promote cooperation on the digital identity system, an official statement said on Friday. Bhutan, Nepal, Singapore and UAE have already started accepting Unified Payment Interface (UPI) payment systems. Japanese Digital Minister Kono Taro earlier on Friday said in an interview with a media ch...
-
RBI Proposes Allowing All Inbound Travellers to Use UPI for Merchant Payments in India
The RBI has proposed permitting all inbound travellers to use the unified payments interface (UPI) for merchant payments in India, RBI Governor Shaktikanta Das said on Wednesday. UPI payments for inbound passengers will be extended to travellers from G20 countries arriving at select international airports, he added.
-
RBI to Launch Pilot Project for QR Code-Based Coin Vending Machines Using UPI in 12 Cities
RBI Governor Shaktikanta Das announced on Wednesday that a pilot project for a QR code-based coin vending machine would be launched by the central bank in 12 cities. Instead of tendering banknotes, these vending machines will dispense coins while debiting a customer's account using UPI.
-
Coinbase Vouches Lawful Working in India as Its UPI-Buy Feature Faces NPCI Disapproval
Coinbase has said that it will comply with all Indian laws as it steps into the country’s crypto market. Hours after Coinbase announced the launch of its UPI-based crypto-purchasing feature, the National Payments Corporation of India (NPCI) refused to recognise the move. The NPCI oversees the UPI payments space in India.
-
UPI Lite to Debut in India to Enable Small-Value Transactions in Offline Mode
UPI Lite is set to debut as an on-device wallet by the National Payments Corporation of India (NPCI) to enable users on the Unified Payments Interface (UPI) to make small-value transactions in offline mode.
