Upi
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UPI to account for 90% of retail digital payments by 2026-27: Report
Business | May 28, 2023 16:54 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.
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Linking your RuPay credit card to UPI ID made easy with these simple steps
Business | April 13, 2023 16:38 ISTRuPay credit cards can also be linked to UPI, allowing users to pay using popular UPI apps like Paytm, PhonePe, and Google Pay.
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How can you make payments using a credit card via UPI: Step-by-step guide
Business | April 03, 2023 17:06 ISTCustomers no longer need to carry their credit cards with them when making transactions, thanks to the integration of RuPay credit cards with UPI.
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UPI merchant transactions above Rs 2,000 via PPIs to attract 1.1% fee: NPCI issues new rules
Business | March 29, 2023 17:43 ISTUPI transaction charges: In order to boost revenue for banks and payment service providers, the NPCI has proposed an interchange fee of up to 1.1%.
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UPI transactions surpass 36 crore in a year, says RBI governor
Business | March 10, 2023 9:55 ISTThe Reserve Bank of India's Governor, Shaktikanta Das, announced at the launch of the Digital Payments Awareness Week that UPI transactions have increased by 50% YoY, with over 36 crore transactions in February 2023
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UPI payment available for international travellers visiting Delhi, Mumbai, Bengaluru airports
India | February 23, 2023 17:37 ISTThe RBI has launched the UPI payment facility for foreign visitors to India, initially available at select international airports. Inbound travelers will receive PPI wallets linked to UPI to make local payments, with plans to expand this service to other airports and cities soon.
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Inbound travellers from G20 countries visiting India can avail UPI facility at 3 airports: RBI
Business | February 21, 2023 21:33 ISTThe RBI said that the eligible travellers would be issued Prepaid Payment Instruments (PPI) wallets linked to UPI for making payments at merchant outlets.
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UPI service launched between India and Singapore today | PM Modi
Aaj Ki Baat | February 21, 2023 17:04 ISTPrime Minister Narendra Modi and Prime Minister of Singapore Lee Hsien Loong witness the launch of cross-border connectivity between Singapore's 'Unified Payments Interface (UPI)' and 'PAYNOW' via video conference.
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Travellers from G20 countries can now use UPI in India: RBI
Business | February 10, 2023 21:25 ISTUPI is a system that bunches multiple bank accounts into a single mobile application, merging several banking features, seamless fund routing and merchant payments under a common platform.
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PhonePe launches UPI international service in 5 countries
Business | February 07, 2023 21:44 ISTPhonepe Users will be able to make payments in foreign currency directly from their Indian bank - just like they do with international debit cards, the company said in a statement.
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Paytm, PhonePe to introduce UPI Lite soon for smaller e-payments
Technology | February 06, 2023 18:39 ISTThe National Payments Corporation of India (NPCI) released UPI Lite to simplify small ticket transactions up to Rs. 200, last year. Now, UPI Lite will be made available on Paytm and PhonePe's applications soon.
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5 platforms to make hassle-free online payments
Technology | December 08, 2022 12:09 ISTHere are five online payment modes which will enable the user to make a quick payment. These platforms will help you make payment quicker, safer and more accessible.
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Razorpay permit merchants to accept credit card payments via UPI: Know-how
Technology | December 05, 2022 16:11 ISTRazorpay merchants can begin accepting credit card payments on UPI via RuPay credit cards, with minimal changes to their existing setup. The company has said that move has been made possible in partnership with Axis bank, which shares Razorpay's focus on catering to the ever-evolving needs.
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PhonePe first player to enable UPI activation with Aadhaar
Technology | November 09, 2022 20:45 ISTPhonePe is reportedly the first UPI Third Party Application Provider (TPAP) App which has rolled out the Aadhaar-based UPI onboarding flow- this will enable several crore Indians to become a part of the UPI ecosystem, seamlessly and securely for the first time, the company said in a statement.
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76% Indians prefer to make payments through UPI: Know-why
Technology | November 01, 2022 12:24 ISTAs per the data by the National Payments Corporation of India (NPCI), the volume of transactions rose 85 per cent and value 67.85 per cent year-on-year (YoY). Around 72 per cent of those surveyed said they now consider discounts and offers as the major driver of their buying behaviour.
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Cred launches 'Scan & Pay' feature for more secured UPI payments
Technology | October 01, 2022 21:22 ISTCRED has stated that whenever the user will make a payment via 'Scan & Pay' method- tehn the payment will be protected. And, in case the payment gets stuck and awaits confirmation from the bank, then user will not have to worry anymore, as the money will be refunded to the original source bank soon.
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UPI transactions up over 3 per cent at 678 crore in September: NPCI Data
Business | October 01, 2022 14:10 ISTUPI transactions: In August 2020, the total number of Unified Payment Interface (UPI) based digital financial transactions stood at 6.57 billion (657 crore).
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WhatsApp Money Transfer: Here is how you can send money from WhatsApp UPI
Technology | September 06, 2022 22:08 ISTIf you are looking forward to sending money to your contact, then the WhatsApp UPI feature might help you in a smarter and smoother way. Here is a step by step guide to transfer money to your contact via WhatsApp.
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UPI records 657 crore transactions worth Rs 10.72 lakh crore in August
Business | September 01, 2022 17:45 ISTThe growth in UPI volumes is up almost 100 percent (year-on-year) and amounts transacted grew by 75 percent YoY in the month of August.
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Making UPI Payments: 5 important things you need to know
Technology | August 26, 2022 16:50 ISTUPI has made payments simple. Using UPI apps connected to their bank accounts, users can send money to the recipient’s bank account in under a minute.
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