Wed, Nov 20, 2024
The payments ecosystem is looking to move the low-ticket transactions to UPI Lite which will help ease the pressure on the servers.
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Thu, Oct 31, 2024
National Payments Corporation of India's (NPCI) chief operating officer Praveena Rai has quit the body and joined as the managing director and chief executive of MCX, the commodity exchange said on Thursday.
Fri, Sep 27, 2024
NPCI International Payments Ltd (NIPL), a subsidiary of the National Payments Corporation of India (NPCI), said on Friday that it had entered into a strategic partnership with the Ministry of Digital Transformation (MDT) of Trinidad and Tobago to develop a real-time payments platform.
Mon, Aug 19, 2024
The National Payments Corporation of India (NPCI) - responsible for the development and operation of payment systems in the country - is all set to introduce a new method of making UPI transactions. Unlike traditional methods like Scan & Pay or Pay to Contact, UPI Tap & Pay uses NFC technology instead of a camera to complete transactions, making your transactions not only easier but also faster and more secure.
Fri, Aug 02, 2024
In June 2024, the total UPI transaction value was Rs 20.07 trillion, while in May it was Rs 20.44 trillion.
Thu, Aug 01, 2024
The customers are unable to withdraw money from ATMs as well as do UPI transactions. These banks are mostly cooperative or Gramin banks.
Tue, Jul 30, 2024
FASTag New Rules Effective From August 1: As July comes to an end, several new rules are set to take effect in August, including updates related to FASTag. Here's all you need to know:
Thu, May 02, 2024
NPCI International Payments Limited (NIPL) has signed an agreement with the Bank of Namibia (BoN) to support them in developing an instant payment system like Unified Payment Interface (UPI) for Namibia, a statement said.
Sun, Apr 21, 2024
The National Payments Corporation of India (NPCI) in December 2022 extended the deadline for third-party UPI players to meet its 30 per cent volume cap in digital payment transactions by two years to end December 2024.
Thu, Mar 14, 2024
Paytm news: NPCI has granted approval to Paytm parent One97 Communications to participate in UPI as a third-party application provider (TPAP) under the multi-bank model. Here are five key takeaways from this big story.
Wed, Jan 17, 2024
The memorandum of understanding (MoU) will enable Indian travellers to make payments in other countries via Google Pay (also known as GPay), eliminating the need to carry cash or resort to international payment gateways.
Thu, Jan 04, 2024
At present, all the energies are focused on providing a viable payment alternative to cash and increasing the acceptability of the Unified Payments Interface (UPI), NPCI's chief executive and managing director said at an event here.
Fri, Sep 01, 2023
UPI transactions have grown exponentially over the past years, gaining popularity as the preferred mode of payment across the country, in tandem with the government’s aim to promote digital transactions in the economy as an essential aspect of its Digital India drive. The UPI payments system is operated by the NPCI.
Mon, May 22, 2023
In order to give such users the option of UP payments, the National Payments Corporation of India (NPCI) developed 123PAY - the UPI facility for feature phones.
Thu, Mar 30, 2023
National Payments Corporation of India (NPCI) has recommended an interchange fee on Unified Payments Interface (UPI) of over Rs 2,000 made through prepaid payment instruments (PPIs).
Wed, Mar 29, 2023
UPI Transaction Charges: An interchange fee of 1.1 per cent will be applicable only when the UPI transactions are made via PPIs such as wallets and credit cards.
Wed, Oct 05, 2022
RuPay credit card has been operational for the last four years, and all major banks are enabled and are issuing incremental cards for both commercial and retail segments.
Wed, Sep 21, 2022
Reserve Bank of India governor Shaktikanta Das launched NPCI's new initiatives at the Global Fintech Fest in Mumbai. From UPI Lite to using credit cards for UPI transactions, here is all you need to know.
Tue, Aug 30, 2022
Praveena Rai, COO of NPCI, said that the partnership with ICICI Bank will provide a convenient, rewarding and delightful shopping experience to the users of this card.
Tue, Aug 02, 2022
Prime Minister Narendra Modi has hailed as an "outstanding accomplishment" the UPI recording 6 billion transactions in July and said it indicates the collective resolve of the people to embrace new technologies and make the economy cleaner.
Sun, Jun 26, 2022
These videos circulating on social media are baseless and false, the National Payments Council of India (NPCI) said in a clarification issued on Twitter.
Thu, Apr 14, 2022
WhatsApp UPI Payment: Big news is coming about UPI payments on WhatsApp. NPCI has approved the addition of 60 million new users to WhatsApp UPI Payments. That is, WhatsApp has got permission to add 60 million (60 million) new users for its UPI transaction. After doing this, WhatsApp will be able to expand its facility to 100 million users (100 million). The country's National Payments Corporation of India ie NPCI has given approval for this.
WhatsApp UPI user base is all set to see huge jump.
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