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DoT to Share Financial Fraud Risk Indicator Data With Banks, UPI Service Providers and Financial Institutions
The Department of Telecommunications (DoT) will share Financial Fraud Risk Indicator (FRI) data with financial institutions, including banks and UPI providers. This FRI metric, developed by the Digital Intelligence Platform, classifies mobile numbers into three risk levels linked to financial fraud. PhonePe is an early adopter, using FRI data to al...
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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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Walmart-Backed Flipkart to Shift Base Back to India from Singapore
Flipkart will shift its holding company from Singapore to India as its parent Walmart aims to take the 17-year-old company public. Walmart is looking to list Flipkart and PhonePe in India over the next couple of years, Dan Bartlett, Walmart's executive vice president for corporate affairs, told Reuters last year.
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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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Fact Check: Truth Behind PhonePe Offering Rs 696 Cashback During IPL 2025
Multiple social media users shared a post claiming that PhonePe was offering a Rs 696 cashback during the Indian Premier League season.
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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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PhonePe’s Indus Appstore to Come Pre-Installed on Xiaomi Devices in India
PhonePe’s Indus Appstore and Xiaomi India announced a multi-year partnership on Thursday. With this collaboration, the homegrown Android app marketplace will now come pre-installed in all Xiaomi devices in India. As a result, the Chinese consumer tech brand’s own Android marketplace GetApps will now be replaced with Indus Appstore in all existi...
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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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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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Xiaomi Said to Replace GetApps With PhonePe's Indus Appstore in India
Xiaomi will likely soon discontinue its GetApps app store for Indian users. Although the company has yet to officially announce the store's discontinuation, information regarding the same has surfaced online. The Chinese smartphone maker is said to replace the app store with Indus Appstore, an Android-based mobile app marketplace by PhonePe.
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UPI Circle Launched: What Is It, How Does It Work And Other Details
The National Payments Corporation of India (NPCI) has launched a new feature called "UPI Circle", aimed at enhancing digital payment accessibility.
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Google Pay, PhonePe Other Payment Firms Seek to Join RBI's CBDC Pilot, Said to Offer eRupee Transactions
The RBI has started onboarding UPI platforms like Google Pay and PhonePe to the advanced trials of the eRupee CBDC. Payment firms are working closely with the RBI and National Payments Corporation of India (NPCI), the domestic payments authority, and are expected to roll out access to e-rupee over the next three-to-four months
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PhonePe CEO Apologises Amid Boycott Campaign Over Remark On Karnataka Job Quota Bill
The Karnataka job quota bill, now on hold, mandated reserving 50 per cent of management-level jobs and 70 per cent of non-management-level jobs for locals.
![Gadgets 360 With Technical Guruji: News Of The Week [May 17, 2025]](https://c.ndtvimg.com/2025-05/hjafrphs_news-of-the-week_160x120_17_May_25.jpg?downsize=245:163 "Gadgets 360 With Technical Guruji: News Of The Week [May 17, 2025]")
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DoT to Share Financial Fraud Risk Indicator Data With Banks, UPI Service Providers and Financial Institutions
The Department of Telecommunications (DoT) will share Financial Fraud Risk Indicator (FRI) data with financial institutions, including banks and UPI providers. This FRI metric, developed by the Digital Intelligence Platform, classifies mobile numbers into three risk levels linked to financial fraud. PhonePe is an early adopter, using FRI data to al...
-
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.
-
Walmart-Backed Flipkart to Shift Base Back to India from Singapore
Flipkart will shift its holding company from Singapore to India as its parent Walmart aims to take the 17-year-old company public. Walmart is looking to list Flipkart and PhonePe in India over the next couple of years, Dan Bartlett, Walmart's executive vice president for corporate affairs, told Reuters last year.
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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.
-
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...
-
Fact Check: Truth Behind PhonePe Offering Rs 696 Cashback During IPL 2025
Multiple social media users shared a post claiming that PhonePe was offering a Rs 696 cashback during the Indian Premier League season.
-
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
-
PhonePe’s Indus Appstore to Come Pre-Installed on Xiaomi Devices in India
PhonePe’s Indus Appstore and Xiaomi India announced a multi-year partnership on Thursday. With this collaboration, the homegrown Android app marketplace will now come pre-installed in all Xiaomi devices in India. As a result, the Chinese consumer tech brand’s own Android marketplace GetApps will now be replaced with Indus Appstore in all existi...
-
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...
-
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).
-
Xiaomi Said to Replace GetApps With PhonePe's Indus Appstore in India
Xiaomi will likely soon discontinue its GetApps app store for Indian users. Although the company has yet to officially announce the store's discontinuation, information regarding the same has surfaced online. The Chinese smartphone maker is said to replace the app store with Indus Appstore, an Android-based mobile app marketplace by PhonePe.
-
UPI Circle Launched: What Is It, How Does It Work And Other Details
The National Payments Corporation of India (NPCI) has launched a new feature called "UPI Circle", aimed at enhancing digital payment accessibility.
-
Google Pay, PhonePe Other Payment Firms Seek to Join RBI's CBDC Pilot, Said to Offer eRupee Transactions
The RBI has started onboarding UPI platforms like Google Pay and PhonePe to the advanced trials of the eRupee CBDC. Payment firms are working closely with the RBI and National Payments Corporation of India (NPCI), the domestic payments authority, and are expected to roll out access to e-rupee over the next three-to-four months
-
PhonePe CEO Apologises Amid Boycott Campaign Over Remark On Karnataka Job Quota Bill
The Karnataka job quota bill, now on hold, mandated reserving 50 per cent of management-level jobs and 70 per cent of non-management-level jobs for locals.
