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Fake Payment Gateways, Properties In Spain: Inside Rs 800-Crore Forex Scam
The Enforcement Directorate conducted raids across four cities in connection with a Rs 800 crore scam pertaining to a online forex trading through a OctaFx app and website.
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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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PhonePe to Launch UPI Payments App for Feature Phones With P2P Transfers, Offline QR Payments
PhonePe announced on Friday that it is planning to launch a Unified Payments Interface (UPI) solution for feature phone users in India. The digital payments and financial services company highlighted that the payment solution will be built on the UPI 123Pay technology. The service will be built on conversational engagement platform Gupshup’s GSPa...
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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 Launches ‘Made in India’ SmartSpeaker With 4G Support and Extended Battery Life
Walmart-backed PhonePe announced its ‘Made in India’ SmartSpeaker for merchants on Monday. It is a wireless speaker that can verify payments received over the Unified Payments Interface (UPI) instant payment system via real-time audio alerts. The device comes with a built-in speaker and is available in up to 21 language options.
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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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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, Delivery Apps": American Woman Living In India Lists 10 Things She Wishes US Had
Ms Fischer has discovered several innovative features that she believes would greatly benefit her home country.
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Paytm Joins Hands With Perplexity to Integrate AI-Powered Search Into Its Apps
Paytm announced its partnership with AI-powered search platform Perplexity on Thursday. With this partnership, the mobile payments platform is integrating a search interface powered by Perplexity. The One97 Communications-owned company said that the AI-powered search experience will allow users to get real-time answers to queries and financial assi...
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Google Pay Reportedly Levies Convenience Fees on Bill Payments via Credit and Debit Cards
Google Pay is now levying convenience fees on bill payments made via credit and debit cards, according to a report. Until now, the unified payments interface (UPI) platform was charging users Rs. 3 as a service fee on mobile recharges. However, it will now reportedly also levy a charge, in addition to the goods and service tax (GST), on utility bil...
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WhatsApp Reportedly Testing Feature to Allow Users to Make Bill Payments in India
WhatsApp is reportedly working on a new feature for users in India. This feature is expected to allow users to make bill payments directly from within the messaging app. In November 2020, WhatsApp introduced the option to send money using the Unified Payment Interface (UPI) to select users in the country.
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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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"Reverse-UNO Of Sympathy": How Bengaluru Man Thwarted Rapido Cab Driver's Scam
The initial fare displayed on the app was Rs 385. However, upon reaching the destination, the driver claimed the fare was Rs 600.
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Paytm UPI Statement Download Feature Introduced to Help Users Track Transactions
Paytm, the digital payments company, introduced a new unified payments interface (UPI) feature on Wednesday. The new feature, dubbed UPI statement download, allows users to get a detailed statement of their transaction history for the desired period. The service is available to all users without any cost. The company highlighted that the feature wi...
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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.
-
Fake Payment Gateways, Properties In Spain: Inside Rs 800-Crore Forex Scam
The Enforcement Directorate conducted raids across four cities in connection with a Rs 800 crore scam pertaining to a online forex trading through a OctaFx app and website.
-
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.
-
PhonePe to Launch UPI Payments App for Feature Phones With P2P Transfers, Offline QR Payments
PhonePe announced on Friday that it is planning to launch a Unified Payments Interface (UPI) solution for feature phone users in India. The digital payments and financial services company highlighted that the payment solution will be built on the UPI 123Pay technology. The service will be built on conversational engagement platform Gupshup’s GSPa...
-
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 Launches ‘Made in India’ SmartSpeaker With 4G Support and Extended Battery Life
Walmart-backed PhonePe announced its ‘Made in India’ SmartSpeaker for merchants on Monday. It is a wireless speaker that can verify payments received over the Unified Payments Interface (UPI) instant payment system via real-time audio alerts. The device comes with a built-in speaker and is available in up to 21 language options.
-
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.
-
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, Delivery Apps": American Woman Living In India Lists 10 Things She Wishes US Had
Ms Fischer has discovered several innovative features that she believes would greatly benefit her home country.
-
Paytm Joins Hands With Perplexity to Integrate AI-Powered Search Into Its Apps
Paytm announced its partnership with AI-powered search platform Perplexity on Thursday. With this partnership, the mobile payments platform is integrating a search interface powered by Perplexity. The One97 Communications-owned company said that the AI-powered search experience will allow users to get real-time answers to queries and financial assi...
-
Google Pay Reportedly Levies Convenience Fees on Bill Payments via Credit and Debit Cards
Google Pay is now levying convenience fees on bill payments made via credit and debit cards, according to a report. Until now, the unified payments interface (UPI) platform was charging users Rs. 3 as a service fee on mobile recharges. However, it will now reportedly also levy a charge, in addition to the goods and service tax (GST), on utility bil...
-
WhatsApp Reportedly Testing Feature to Allow Users to Make Bill Payments in India
WhatsApp is reportedly working on a new feature for users in India. This feature is expected to allow users to make bill payments directly from within the messaging app. In November 2020, WhatsApp introduced the option to send money using the Unified Payment Interface (UPI) to select users in the country.
-
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).
-
"Reverse-UNO Of Sympathy": How Bengaluru Man Thwarted Rapido Cab Driver's Scam
The initial fare displayed on the app was Rs 385. However, upon reaching the destination, the driver claimed the fare was Rs 600.
-
Paytm UPI Statement Download Feature Introduced to Help Users Track Transactions
Paytm, the digital payments company, introduced a new unified payments interface (UPI) feature on Wednesday. The new feature, dubbed UPI statement download, allows users to get a detailed statement of their transaction history for the desired period. The service is available to all users without any cost. The company highlighted that the feature wi...
-
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.
