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UPI Transactions Can Now Be Completed In 10 To 15 Seconds: What It Means
Users will now see payments, balance checks, and reversals processed within 10 to 15 seconds, a sharp improvement from the earlier 30-second wait.
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UPI Transactions To Become Faster From June 16; Other Changes Coming Soon
The UPI system is set to implement other important changes from August in order to improve its performance.
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Big Changes For UPI Users: NPCI To Roll Out New API Restrictions From August 1
These rules limit the number of times users can perform specific activities daily, such as checking account balances, running autopay payments, and checking transaction status.
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PhonePe UPI Circle Feature With Seamless Payment Authorisation Launched in India
PhonePe UPI Circle feature was launched in India on Tuesday, enabling primary users to authorise secondary users for payments even if they do not have their own bank accounts. Developed by NPCI, UPI Circle aims to broaden UPI usage and allow supervised spending. Here's everything you need to know about how PhonePe UPI Circle works.
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NPCI Targets 300 Million New Users for UPI Payments Platform
National Payments Corporation of India (NPCI) aims to draw an additional 200 million to 300 million Indians to UPI to “break their cash memory”. The outfit is piloting vision recognition technology to encourage higher UPI usage in parking payments, he added.
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UPI Services Hit by Another Outage, NPCI Says ‘Working to Resolve the Issue’
UPI (Unified Payments Interface) services in India were severely disrupted this Saturday morning, leaving users incapable of making digital transactions, the third time within a month. The snag hits individuals and businesses across the country, disrupting an important daily service for smooth money transfers, which has become a common feature in I...
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UPI Payments Hit A Snag: Third Outage In A Month Leaves Users In A Bind
UPI Payments Down Today: UPI experienced a major disruption, affecting digital transactions nationwide. Users reported issues with Google Pay, Paytm, and other platforms, marking the third outage in recent days.
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UPI Payments Stop Working For Many Users, Second Outage In A Week
The Unified Payment Interface or UPI was down again for many users today -- the second time in a week.
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UPI Will Stop Working On These Mobile Numbers From April 1. Here's Why
UPI services will no longer work on mobile numbers that are inactive or reassigned starting April 1. The National Payments Corporation of India (NPCI) has directed banks and payment service providers (PSPs) to delink such numbers to prevent fraud and
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New FASTag Rules Implemented Starting Today: All You Need To Know
The new FASTag rules are meant to streamline the process of payments at toll booths.
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5 Things to Know About Key Technology-Related Announcements From the Union Budget 2025
Finance Minister Nirmala Sitharaman announced new measures as part of the Union Budget 2025, including expanded broadband for government schools, a boost for local manufacturing of components, and insurance for nearly 1 crore gig workers. Loan limits under the PM Swanidhi scheme will increase, and a new Rs. 30,000 credit card linked to the NPCI's U...
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NPCI to Decline UPI Transactions That Contain Special Characters in the Transaction ID
The National Payments Corporation of India (NPCI) issued a new notification earlier this month announcing new compliance guidelines. The new rules are aimed at all the members of the Unified Payments Interface (UPI), and state that any transaction identifier (ID) that contains special characters will be declined starting February 1.
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UPI Transaction IDs With These Characters Will Be Blocked From February 1 - Here's How To Avoid It
UPI Transaction IDs: The circular, dated January 9, advised UPI ecosystem players to generate UPI transaction IDs using only alphanumeric characters to ensure compliance with UPI technical specifications.
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India Delays UPI Payments Market Share Cap in Relief for PhonePe, Google Pay
India has pushed back the implementation of market share caps for UPI apps like Google Pay and PhonePe. According to the proposal, first made in November 2020, digital payment firms would not be allowed to hold more than 30 percent share of the volume of transactions processed via India's popular unified payments interface (UPI).
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Paytm Gets Approval from NPCI to Enroll New UPI Users
Paytm has said that it has received approval from the country's payments authority to onboard new unified payment interface (UPI) users. The NPCI's approval comes after Paytm submitted a request earlier in August this year.
-
UPI Transactions Can Now Be Completed In 10 To 15 Seconds: What It Means
Users will now see payments, balance checks, and reversals processed within 10 to 15 seconds, a sharp improvement from the earlier 30-second wait.
-
UPI Transactions To Become Faster From June 16; Other Changes Coming Soon
The UPI system is set to implement other important changes from August in order to improve its performance.
-
Big Changes For UPI Users: NPCI To Roll Out New API Restrictions From August 1
These rules limit the number of times users can perform specific activities daily, such as checking account balances, running autopay payments, and checking transaction status.
-
PhonePe UPI Circle Feature With Seamless Payment Authorisation Launched in India
PhonePe UPI Circle feature was launched in India on Tuesday, enabling primary users to authorise secondary users for payments even if they do not have their own bank accounts. Developed by NPCI, UPI Circle aims to broaden UPI usage and allow supervised spending. Here's everything you need to know about how PhonePe UPI Circle works.
-
NPCI Targets 300 Million New Users for UPI Payments Platform
National Payments Corporation of India (NPCI) aims to draw an additional 200 million to 300 million Indians to UPI to “break their cash memory”. The outfit is piloting vision recognition technology to encourage higher UPI usage in parking payments, he added.
-
UPI Services Hit by Another Outage, NPCI Says ‘Working to Resolve the Issue’
UPI (Unified Payments Interface) services in India were severely disrupted this Saturday morning, leaving users incapable of making digital transactions, the third time within a month. The snag hits individuals and businesses across the country, disrupting an important daily service for smooth money transfers, which has become a common feature in I...
-
UPI Payments Hit A Snag: Third Outage In A Month Leaves Users In A Bind
UPI Payments Down Today: UPI experienced a major disruption, affecting digital transactions nationwide. Users reported issues with Google Pay, Paytm, and other platforms, marking the third outage in recent days.
-
UPI Payments Stop Working For Many Users, Second Outage In A Week
The Unified Payment Interface or UPI was down again for many users today -- the second time in a week.
-
UPI Will Stop Working On These Mobile Numbers From April 1. Here's Why
UPI services will no longer work on mobile numbers that are inactive or reassigned starting April 1. The National Payments Corporation of India (NPCI) has directed banks and payment service providers (PSPs) to delink such numbers to prevent fraud and
-
New FASTag Rules Implemented Starting Today: All You Need To Know
The new FASTag rules are meant to streamline the process of payments at toll booths.
-
5 Things to Know About Key Technology-Related Announcements From the Union Budget 2025
Finance Minister Nirmala Sitharaman announced new measures as part of the Union Budget 2025, including expanded broadband for government schools, a boost for local manufacturing of components, and insurance for nearly 1 crore gig workers. Loan limits under the PM Swanidhi scheme will increase, and a new Rs. 30,000 credit card linked to the NPCI's U...
-
NPCI to Decline UPI Transactions That Contain Special Characters in the Transaction ID
The National Payments Corporation of India (NPCI) issued a new notification earlier this month announcing new compliance guidelines. The new rules are aimed at all the members of the Unified Payments Interface (UPI), and state that any transaction identifier (ID) that contains special characters will be declined starting February 1.
-
UPI Transaction IDs With These Characters Will Be Blocked From February 1 - Here's How To Avoid It
UPI Transaction IDs: The circular, dated January 9, advised UPI ecosystem players to generate UPI transaction IDs using only alphanumeric characters to ensure compliance with UPI technical specifications.
-
India Delays UPI Payments Market Share Cap in Relief for PhonePe, Google Pay
India has pushed back the implementation of market share caps for UPI apps like Google Pay and PhonePe. According to the proposal, first made in November 2020, digital payment firms would not be allowed to hold more than 30 percent share of the volume of transactions processed via India's popular unified payments interface (UPI).
-
Paytm Gets Approval from NPCI to Enroll New UPI Users
Paytm has said that it has received approval from the country's payments authority to onboard new unified payment interface (UPI) users. The NPCI's approval comes after Paytm submitted a request earlier in August this year.
