Upi
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Hefty fine for not using digital payments by January 31, 2020
Business | Dec 31, 2019, 02:49 PM ISTShops, 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.
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No MDR charges applicable on payment via RuPay, UPI from Jan 1, says Nirmala Sitharaman
Business | Dec 28, 2019, 06:34 PM ISTIn a bid to promote digital payments, Finance Minister Nirmala Sitharaman on Saturday said no MDR charges will be applicable on transactions through homegrown RuPay and UPI platforms beginning January 1, 2020.
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FASTag Alert! NPCI announces NETC FASTag recharge option through BHIM UPI
Business | Dec 26, 2019, 02:50 PM ISTNational 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.
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With over 100 mn users, UPI completes 1 bn transactions in Oct
Business | Oct 28, 2019, 11:22 AM ISTThe UPI platform was launched before demonetisation in 2016 and has taken digital payment to a new height. Users across the globe can transfer money online without entering their bank account number.
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Govt plans to cap UPI e-wallets, bring new guidelines for digital payments
Business | Sep 10, 2019, 02:10 PM ISTAttention UPI e-wallet users: The National Payments Corporation of India is set to roll out new guidelines for digital payments in India. For people who use UPI e-wallets like Google Pay and PhonePe among others will be impacted as government moves to bring in more security features in digital payments.
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UPI app user alert! ICICI Bank issues advisory against scams, says don't do THIS
Business | Sep 02, 2019, 08:31 PM ISTUPI apps user alert: Amid ongoing online banking or UPI-related scams, India's one of the largest private lender, ICICI Bank has issued an advisory for its customer. ICICI bank has warned all online banking users, especially those who use UPI apps-- Google Pay, PhonePe, Paytm, to be very cautious of frauds, in the wake of UPI-related scams.
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Alert! Are you BHIM UPI user? Then here's good news for you; check details
Business | Sep 01, 2019, 06:51 AM ISTBHIM UPI Charges: In a move to boost digital payments in small and large merchants' transactions across the country, National Payments Corporation of India (NPCI) has revised BHIM UPI charges for large ticket transactions.
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Truecaller bug covertly signs up Indians for UPI account amid hacking fears
Business | Jul 30, 2019, 06:11 PM ISTThe affected users received an SMS from ICICI Bank -- starting from late Monday evening till morning hours on Tuesday -- saying "your registration for UPI app has started. If it was not you, report now to your bank. Do not share card details/OTP/CVV with anyone to avoid financial loss".
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Online banking fraud: 7 tips to ensure fraudsters can't swindle your money
Fyi | Jul 14, 2019, 03:49 PM ISTOnline banking has reduced customers tensions for basic transactions and allow individuals to conduct financial transactions on a finger tip via the Internet. However, along with a bunch of ease, online banking comes with risk and fraud threat. Here are 7 online banking tips you must follow to avoid fraud
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Do you use Master or Visa card? Then this news is for you
Fyi | Jul 10, 2019, 03:33 PM ISTIf you MasterCard or Visa card users then your problems are going to increase in coming days. The government has exempted bank charges on E-payments for the business with an annual turnover of Rs 50 crore. Finance Minister Nirmala Sitharaman in her maiden Budget 2019 speech on July 5 made this announcement in Parliament.
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Digital Payment will soon be country’s norm: Finance Ministry
India | Sep 04, 2018, 06:42 AM ISTThe real-time bank-to-bank payment system on mobile platform UPI registered 312.02 million transactions in August, up by 32 per cent in July.
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Feature to send money through WhatsApp not yet available in India
Technology | Feb 12, 2018, 12:42 PM ISTThere will be an official announcement when the feature finally goes live in India
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Google Tez gets 12 million users in 4 months since launch, introduces bill payments feature
Technology | Dec 05, 2017, 04:02 PM ISTGoogle's Caesar Sengupta said that Tez accounted for 70% of transactions on BHIM UPIin Oct-Nov period.
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Now, send and receive money on Paytm using BHIM UPI. Here’s how you can do it
Technology | Nov 07, 2017, 12:21 PM ISTThe move by Paytm is expected to provide a big boost to the government-backed UPI payments interface.
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From 0.1mn to 76.96mn: Transactions through BHIM UPI sees magical growth in one year
Business | Nov 02, 2017, 12:33 PM ISTTransactions through UPI have more than doubled in October to 76.9 million from 30.8 million in September, NPCI said on Wednesday.
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Google launches ‘Tez’ payment app: Here is all you need to know about it
Sep 18, 2017, 02:43 PM ISTTech giant Google on Monday joined the bandwagon of Unified Payment Interface (UPI)-based payment apps with its Android-powered ‘Tez’ app
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Airtel Payments Bank launches UPI enabled digital payments
Sep 17, 2017, 02:32 PM ISTAirtel Payments Bank on Sunday said it has become the first payments bank in India to integrate the Unified Payments Interface (UPI) on its digital platform
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New WhatsApp Beta version shows UPI payment feature
Aug 10, 2017, 10:50 AM ISTWhatsApp will soon facilitate instant money transfer via the Unified Payments Interface (UPI) transaction system, shows a new Beta update by the Facebook-owned mobile messaging platform
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Now, recharge your Paytm wallet via UPI. Here’s how
Jan 03, 2017, 06:12 PM ISTIn the latest in its bid to consolidate its position and retain its usage as the government pushes its citizens for a less-cash economy, digital payments platform Paytm has now made it easier and more
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Twitter accounts of New York Post and news agency UPI hacked
Jan 18, 2015, 10:34 AM ISTNew York: Some Twitter accounts of the New York Post and UPI, as well as the news agency's website, were briefly hacked Friday.Tweets with false economic and military news were posted and then deleted.One tweet