The company is providing UPI-enabled interoperable cardless cash withdrawing system in the country. Under this system, anyone can withdraw cash from the ATM by just scanning the QR Code through the UPI App.
UPI users should avoid making transactions during the time specified by the NPCI.
Payments on Unified Payments Interface (UPI) in June hit an all-time high of 1.34 billion in terms of volume with transactions worth nearly Rs 2.62 lakh crore, as per National Payments Corporation of India (NPCI) data.
BHIM app was launched by the National Payments Corporation of India back in the year 2016
With UPI frauds on the rise, here are some tips you should keep in mind to avoid getting into scams on apps like Google Pay, PhonePe, Paytm and more.
Shops, business firms or companies with an annual turnover of Rs 50 crore or more and required to provide digital payment facilities to customers as part of government's stride towards a less-cash economy, will not have to pay any penalty till January 31 for not installing the system.
As FASTags will become mandatory from January 15, people can now add money to their FASTag accounts using BHIM app. Follow these steps
National Payments Corporation of India, NPCI on Thursday announced NETC FASTag recharge option through BHIP UPI App for its customer. NPCI said that customers can recharge FASTags through any BHIM UPI enabled mobile app.
Top News
Latest News
