Mon, Nov 11, 2024
Sebi mandates qualified stock brokers to offer UPI-based block mechanism or three-in-one trading account facility starting February 1, 2025, enhancing investor convenience with flexible trading and fund management options.
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Thu, Aug 29, 2024
India's Unified Payments Interface (UPI) is poised to reach 100 billion transactions in the next 10-15 years, driven by credit growth and increasing fintech transactions, according to NPCI CEO Dilip Asbe. A PwC India report forecasts a threefold increase in UPI transactions by 2028-29, with UPI accounting for 91% of retail digital payments.
Wed, Aug 28, 2024
India is engaged actively in international fora and bilateral agreements to foster economic cooperation with many countries going forward, and strengthening financial infrastructure, including cross-border payment systems, will be the RBI's key focus areas, he added.
Thu, Nov 10, 2022
The source code of BHIM App will help those who do not have UPI app of their own, to empower them to launch their own UPI app.
Mon, Oct 31, 2022
Candy or toffee sales in India slumped in recent years – falling from 7 per cent of turnover till the 1990s to merely around 3 per cent by the mid-2000s.
Wed, Sep 28, 2022
In the digital age where payment is just one click away, users are required to be sure and mindful while making payments.
Fri, Apr 22, 2022
NEOPAY-enabled shops and merchant stores can now accept BHIM UPI payments from Indian tourists in the UAE. This partnership will play a key role in transforming the P2M payment experience for Indian travellers in the UAE.
Fri, Apr 01, 2022
Digital transactions have seen an unprecedented jump in the last few years amid promotion of digital payments by the government and wider acceptability among youth and working class for this payment method
Tue, Mar 29, 2022
More than 37,000 users have joined the digital payment service meant for feature phones while 21,833 successful transaction have taken place since its launch on March 8, 2022, Parliament was informed on Monday.
Wed, Mar 02, 2022
Payment startup BharatPe has stripped its co-founder Ashneer Grover of all positions for his alleged "misdeeds" and may take further legal actions, including clawing back of some of his shareholding.
Mon, Dec 06, 2021
Driven by schemes and offers on credit cards during the festive season, credit card spending grew significantly in October.
Sat, Jun 19, 2021
SBI Customers Alert: India's largest public lender, the State Bank of India, has informed that SBI customers will not be able to avail certain services tomorrow, June 20
Sat, May 01, 2021
The digital transactions through BHIM UPI in April this year fell by 2.2 per cent from a month ago to Rs 4.94 lakh crore, data from the NPCI showed on Saturday.
Tue, Apr 13, 2021
Paytm, FASTag, UPI news: India’s homegrown Paytm Payments Bank Ltd (PPBL) on Tuesday claimed that it has become the top enabler of digital payments in the country by registering over 970 million digital transactions in March 2021.
Sat, Dec 05, 2020
In a good news for regular users of Unified Payments Interface (UPI), the Ministry of Electronics and Information Technology has introduced UPI autopay for recurring payments.
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