Upi Payments In India
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India Now Makes Faster Payments Than Any Other Country: IMF Note On UPI
India now makes faster payments than any other country with the quick growth of UPI, and the usage of other instruments, including debit and credit cards, is on the decline, according to an IMF note.
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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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Sonam Raghuvanshi's Cousin Paid Hitmen Hired For Raja's Murder: Police
A cousin of Sonam Raghuvanshi had cleared the first installment of payment to the three hitmen who were hired to murder her husband, Raja Raghuvanshi, in Meghalaya last month, police officers probing the case said on Thursday.
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Direct Benefit Transfer Rises 90 Times In A Decade: Finance Minister
There has been more than 90 times rise in direct benefit transfer (DBT) in just a decade under the Prime Minister Narendra Modi-led government, Finance Minister Nirmala Sitharaman said on Thursday.
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No Plan To Levy Merchant Discount Rate On UPI Transactions: Finance Ministry
The Finance Ministry on Wednesday said that "speculation and claims that the MDR (merchant discount rate) will be charged on UPI transactions are completely false, baseless, and misleading".
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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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Opinion | Why India Is Pushing FATF To Ease Its Rules For UPI Payments
Card networks, mostly headquartered in the West, benefit from historical precedence. Instant payment systems, by contrast, are homegrown innovations in emerging markets, cheaper, faster, and vital for financial inclusion.
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Watch: Tourist Asks "Why Nobody Has Change In India?" Internet Responds
Travel vlogger Lee Veu shared the clip from the streets of Agra, near the Taj Mahal, where he found himself waiting for change after a purchase.
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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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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.
![Gadgets 360 With Technical Guruji: News of the Week [November 9, 2024]](https://c.ndtvimg.com/2024-11/c7asifsg_news-of-the-week_160x120_09_November_24.jpg?downsize=245:163 "Gadgets 360 With Technical Guruji: News of the Week [November 9, 2024]")
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India Now Makes Faster Payments Than Any Other Country: IMF Note On UPI
India now makes faster payments than any other country with the quick growth of UPI, and the usage of other instruments, including debit and credit cards, is on the decline, according to an IMF note.
-
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.
-
Sonam Raghuvanshi's Cousin Paid Hitmen Hired For Raja's Murder: Police
A cousin of Sonam Raghuvanshi had cleared the first installment of payment to the three hitmen who were hired to murder her husband, Raja Raghuvanshi, in Meghalaya last month, police officers probing the case said on Thursday.
-
Direct Benefit Transfer Rises 90 Times In A Decade: Finance Minister
There has been more than 90 times rise in direct benefit transfer (DBT) in just a decade under the Prime Minister Narendra Modi-led government, Finance Minister Nirmala Sitharaman said on Thursday.
-
No Plan To Levy Merchant Discount Rate On UPI Transactions: Finance Ministry
The Finance Ministry on Wednesday said that "speculation and claims that the MDR (merchant discount rate) will be charged on UPI transactions are completely false, baseless, and misleading".
-
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...
-
Opinion | Why India Is Pushing FATF To Ease Its Rules For UPI Payments
Card networks, mostly headquartered in the West, benefit from historical precedence. Instant payment systems, by contrast, are homegrown innovations in emerging markets, cheaper, faster, and vital for financial inclusion.
-
Watch: Tourist Asks "Why Nobody Has Change In India?" Internet Responds
Travel vlogger Lee Veu shared the clip from the streets of Agra, near the Taj Mahal, where he found himself waiting for change after a purchase.
-
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.
-
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.
