Upi
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UPI goes global: NPCI inks pact with UAE’s Al Etihad Payments to facilitate cross-border transaction
World | Oct 05, 2023, 07:02 PM ISTThe Ministry underscored that the development will facilitate the growth of e-commerce and digital transactions in the UAE, bolster financial inclusion, support the UAE's digitisation agenda, increase alternate payment options, reduce the cost of payments, and enhance the UAE's competitiveness.
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India's digital payment preference: 42% choose UPI for festive shopping
Technology | Sep 25, 2023, 05:16 PM ISTOver 70 per cent of consumers anticipate online festive shopping events to purchase electronic items. Furthermore, more than 75 per cent of consumers are excited about attractive bank offers and no-cost EMIs, which make their purchases more convenient and rewarding.
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UPI usage in India hits all-time high, global trends follow: Report
Technology | Sep 14, 2023, 02:12 PM ISTIn August, UPI-based payments in India achieved a milestone by surpassing 10 billion monthly transactions for the first time, as reported by the National Payments Corporation of India (NPCI). Monthly transaction counts on UPI reached 10.24 billion, with a net transaction value of Rs 15.18 trillion.
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'Amazed': Netherlands PM after making payment through UPI at tea stall on Bengaluru's Church Street
Trending | Sep 12, 2023, 07:38 PM ISTThe Netherlands and India have wide-ranging economic ties and over 350 Dutch companies do business here, said Netherlands PM.
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Decoding UPI Lite X: What it is and how It operates
Technology | Sep 09, 2023, 06:02 PM ISTWith its ability to facilitate offline transactions, UPI Lite X addresses a critical need for seamless payments in areas with limited connectivity. As the feature undergoes testing, users can anticipate a more inclusive and efficient payment experience soon.
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India's first UPI ATM: Here's everything you need to know
Technology | Sep 07, 2023, 01:40 PM ISTPresently, the UPI ATM is accessible through the BHIM UPI app, with plans to integrate it into other apps like Google Pay, PhonePe, and Paytm.
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India's first UPI ATM unveiled! Watch man withdrawing cash without using any card at Mumbai event
Trending | Sep 07, 2023, 11:54 AM ISTIn another breakthrough, UPI ATM, showcased at the Global Fintech Fest in Mumbai, allowed cardless cash withdrawals.
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What is Autopay? Know how it works
Technology | Sep 06, 2023, 10:03 AM ISTAutopay is a game-changer for those looking to simplify their bill payments. With its flexibility and ease of use, it ensures that you never miss a payment again.
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Tech tips: How to use UPI Lite on GPay, Paytm, and PhonePe
Technology | Sep 06, 2023, 04:27 PM ISTUPI Lite is a better option for those individuals who frequently make small payments. It offers flexibility and convenience, allowing users to add up to Rs 2,000 to their UPI Lite account twice a day, with a daily limit of Rs 4,000.
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RBI allows pre-sanctioned credit lines through UPI
Business | Sep 04, 2023, 11:38 PM ISTThe scope of UPI is now being expanded by the inclusion of credit lines as a funding account, it said in a circular on 'Operation of Pre-Sanctioned Credit Lines at Banks through UPI'.
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'Initiatives taken to make UPI system available on feature phones', says RBI Governor
Business | Sep 02, 2023, 08:11 PM ISTThe UPI was started in September 2016 and then after the growth has been very steady and now it has crossed 10 billion.
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German minister uses UPI for payment at vegetable shop, hails India's digital success | WATCH
India | Aug 20, 2023, 08:24 PM ISTOn August 19, Wissing attended the G20 Digital Ministers Meeting in Bengaluru. On August 18, Wissing arrived in Bengaluru to participate in G20 Digital Ministers Meeting.
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UPI integration in feature phones: Enhancing financial inclusion and digital payments
Technology | Aug 10, 2023, 07:00 PM ISTThe integration of UPI in feature phones has opened up a world of opportunities, enabling individuals from all walks of life to participate in the digital payment ecosystem, while also promoting the concept of digital detox.
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AI Integration, Higher Transaction Limit, and UPI Lite Focus Planned for UPI- RBI Governor Das
Technology | Aug 11, 2023, 02:17 PM ISTRBI Governor Shaktikanta Das has revealed upgrades to the Unified Payments Interface (UPI) to enhance payment convenience. These upgrades encompass conversational AI for transactions, the facility to use UPI in offline scenarios via UPI Lite, and a transaction limit boost from Rs 200 to Rs 500.
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File complaints and safeguard data with Sanchar Saathi portal's mobile theft prevention services
Technology | Jul 16, 2023, 03:52 PM ISTThe Sanchar Saathi portal offers a crucial feature that allows users to block personal data stored on a lost or stolen smartphone, encompassing sensitive information such as net banking details, UPI IDs, and social media accounts like WhatsApp.
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RBI, Central Bank of UAE sign MoUs to promote local currencies, link UPI systems
Business | Jul 16, 2023, 12:37 PM ISTThe RBI and the Central Bank of UAE have agreed to cooperate on linking unified payments interface (UPI) and Instant Payments Platform (IPP) respectively.
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India-France agree to use UPI, service to begin from Eiffel Tower: PM Modi in Paris
India | Jul 14, 2023, 06:23 AM ISTPM Modi told the diaspora in Paris that soon Indian tourists will be able to pay in rupees via UPI in Paris. The service will first begin from Eiffel Tower.
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Google Pay now use Aadhaar-based authentication for UPI activation
Technology | Jun 07, 2023, 01:24 PM ISTWith its Aadhaar-based UPI onboarding flow, Google Pay aims to expand the accessibility of UPI IDs, allowing a wider range of users to participate in digital payments. Currently available for customers of supported banks, more banks are expected to join soon.
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How to save yourself from UPI fraud? Guide
Technology | May 30, 2023, 10:32 AM ISTUPI fraud cases have surged in recent years. In 2021-22, there were 84,000 cases, increasing from 77,000 in 2020-21. The fiscal year 2022-23 witnessed over 95,000 cases, nearly doubling within a year.
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UPI to account for 90% of retail digital payments by 2026-27: Report
Business | May 28, 2023, 04:54 PM ISTUPI transactions are likely to reach 1 billion per day by 2026-27, accounting for 90 per cent of the retail digital payments in the country, said a PwC India report.