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HDFC Bank UPI services to be unavailable for 240 minutes on this date; check out timings, other key details

HDFC Bank UPI services to be unavailable for 240 minutes on this date; check out timings, other key details

Tue, Jul 02, 2024

HDFC Bank will temporarily suspend its UPI services on July 13 while it transitions from its current core banking system (CBS) to a newly engineered platform. The country's largest private sector bank aims to enhance performance, capacity, and reliability through this upgrade.

India leads the world in mobile wallet payments with 90.8% adoption in 2023

India leads the world in mobile wallet payments with 90.8% adoption in 2023

Thu, May 16, 2024

The COVID-19 pandemic played a significant role in accelerating the shift from cash to electronic payments, further boosting mobile wallet adoption.

PayU Receives RBI Approval to Operate as Payment Aggregator After 15 Months

PayU Receives RBI Approval to Operate as Payment Aggregator After 15 Months

Wed, Apr 24, 2024

Prosus-backed PayU has secured approval from the Reserve Bank of India to function as a payment aggregator, enabling them to onboard new businesses for online payment acceptance.

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PayU partners PayPal to improve cross-border payments for Indian merchants

PayU partners PayPal to improve cross-border payments for Indian merchants

Tue, Apr 09, 2024

Leading online payment solutions provider PayU announced its partnership with the US-based fintech company PayPal to enhance the cross-border payment experience for Indian merchants.

Online Payment Fraud: How To Protect Yourself from Online Fraud

Online Payment Fraud: How To Protect Yourself from Online Fraud

Sun, Dec 10, 2023

In today's digital age, online payments are faster and more convenient than ever. However, with convenience comes risk. This video dives deep into the five most common online payment scams targeting unsuspecting victims in India. Learn how to identify phishing attempts, protect yourself from identity theft, avoid fake delivery OTP scams, stay vigilant against deceptive QR codes, and secure your UPI transactions. Stay safe in the digital world by understanding these scams and implementing the safeguards discussed in this video.

Paytm Gets Green Light for Payment Service Provider License

Paytm Gets Green Light for Payment Service Provider License

Mon, Sep 25, 2023

Good news for Paytm, approval of PaymentServiceProvider license from Home Ministry is possible: News quoting sources, approval will be given if Ant Netherlands' share comes below 10%. With new shareholding, Paytm applied to Home Ministry. Good news for Paytm. Approval of PaymentServiceProvider license possible from Home Ministry: News quoting sources. Approval will be given if Ant Netherlands' share comes below 10%. Paytm applied to Home Ministry with new shareholding.

Transaction limit for small value payments in offline mode raised to Rs 500

Transaction limit for small value payments in offline mode raised to Rs 500

Thu, Aug 24, 2023

RBI has increased the transaction limit for offline payments through UPI Lite wallet from Rs 200 to Rs 500.

Beware of these 5 emerging online scams to protect your money and data!

Beware of these 5 emerging online scams to protect your money and data!

Tue, Aug 15, 2023

Scammers are constantly evolving their tactics to deceive individuals. In this video, we will discuss some of the most common emerging scams, including fake job offers, electricity bill fraud, fake delivery scams, UPI refund scams, and OTP scams along with tips on how to protect yourself from these scams.

RBI publishes list of 54 existing online payment aggregators

RBI publishes list of 54 existing online payment aggregators

Wed, Feb 15, 2023

"All stakeholders are advised to transact with only those existing PAs who have been granted in-principle authorisation or whose application is currently under process," the RBI said.

Rising credit card and UPI payments indicate increase in consumption: Experts

Rising credit card and UPI payments indicate increase in consumption: Experts

Mon, Sep 12, 2022

Experts and market players are of the view that the increase in volume and value of digital transactions bode well for the economy. It also indicates that consumers are increasingly becoming familiar with different modes of digital payments, and giving up their inhibitions.

UPI payment service charges news: UPI transactions to remain free, clarifies Finance Ministry

UPI payment service charges news: UPI transactions to remain free, clarifies Finance Ministry

Mon, Aug 22, 2022

The RBI discussion paper issued earlier this month said, UPI as a fund transfer system is like IMPS and therefore, it could be argued that the charges in UPI need to be similar to charges in IMPS for fund transfer transactions.

Fintech platform Mswipe to launch payment gateway soon, secures RBI nod

Fintech platform Mswipe to launch payment gateway soon, secures RBI nod

Thu, Aug 11, 2022

With this approval, Mswipe will be able to develop an in-house online payment gateway.

Google Pay: Facing problems while making online payments? Here is what you need to do

Google Pay: Facing problems while making online payments? Here is what you need to do

Wed, Sep 29, 2021

Due to internet issue or other technical glitches there are instances when people face some payment or transaction related problems.

Zero fee, no hidden charge on UPI payments to merchants! Encouraging MSMEs, small businesses to adopt digital payments

Zero fee, no hidden charge on UPI payments to merchants! Encouraging MSMEs, small businesses to adopt digital payments

Mon, Jan 18, 2021

It is a big encouragement for MSMEs, small businesses to adopt digital payments!

UPI Payments: YouTube launches UPI contactless payment on its platform apart from debit cards, credit cards

UPI Payments: YouTube launches UPI contactless payment on its platform apart from debit cards, credit cards

Wed, Apr 15, 2020

UPI Payment: Aiming to bring added convenience to its users, YouTube has launched Unified Payment Interface as a new form of payment for both YouTube and YouTube Music.

Cybercrime: Warning! Online payment systems to be prime targets in 2020

Cybercrime: Warning! Online payment systems to be prime targets in 2020

Sun, Dec 29, 2019

More cybercriminal groups will target online payment processing systems in 2020, researchers from global cybersecurity and anti-virus brand Kaspersky have warned.

Online Payments Shocker: Study claims banks involved in fraudulent surcharging, 'extorting' from customers, merchants

Online Payments Shocker: Study claims banks involved in fraudulent surcharging, 'extorting' from customers, merchants

Sun, Mar 03, 2019

Online Payments: Unauthorised surcharging and high MDR charges are some of the reasons for impeding growth and sustenance of digital payments despite all efforts to promote it, according to a study.

Digital Push: Major oil companies provides discount on online payment for LPG refill

Digital Push: Major oil companies provides discount on online payment for LPG refill

Tue, Jan 03, 2017

In a move to boost online payment for LPG refill, major oil companies like Indian Oil Corp, Bharat Petroleum Corp Limited (BPCL) and Hindustan Petroleum Limited (HPCL) on Tuesday announced upfront discount of Rs 5 on every LPG refill for their customers.

Pay after you receive your food, Box8 says

Pay after you receive your food, Box8 says

Thu, Nov 10, 2016

The online food ordering company Box8 has started the new feature 'Pay online post delivery' on Thursday morning.

PayU buys Citrus Pay for $130 million

PayU buys Citrus Pay for $130 million

Wed, Sep 14, 2016

Global online payment service provider PayU has acquired Indian payments technology player, Citrus Pay, for $130 million in an all-cash deal, a joint-statement said here on Wednesday.

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