UPI Breaks Record! 14.04 Billion Transactions In May, Sees 49% Year-on-Year Growth
Both the NPCI and the Reserve Bank of India (RBI) are exploring new use cases for UPI and extending its reach into the rural economy.
Jun 02, 2024, 14:40 PM IST
New IMPS Rules Coming Into Effect Tomorrow: Check How Sending Money Will Get Simpler
Now, users can transfer funds using just a mobile number and the recipient's bank account name.
Jan 31, 2024, 17:03 PM IST
Now, Link Rupay Credit Cards With Google Pay For UPI Payments In India
The feature is now available to RuPay credit card holders of Axis Bank, Bank of Baroda, Canara Bank, HDFC bank, Indian Bank, Kotak Mahindra Bank, Punjab National Bank and Union Bank of India.
May 23, 2023, 12:23 PM IST
Govt May Consider 0.3% Fee To Maintain UPI Payment System & Ensure Financial Viability: Report
The facilitation fee of 0.3 per cent can generate around Rs 5,000 crore in 2023-24, said the study titled 'Charges for PPI-based UPI payments--The Deception'.
Apr 03, 2023, 10:54 AM IST
UPI Payment Rules Changing From 1 April 2023 --Read New Guidelines
Will customers have to pay interchange charges on on unified payment interface (UPI) transactions above Rs 2,000? Read what NCPI said.
Mar 29, 2023, 12:52 PM IST
RBI proposes to raise limit on e-RUPI vouchers from Rs 10,000 to Rs 1 lakh
RBI has proposed to enhance the cap under e-RUPI prepaid digital vouchers.
Feb 10, 2022, 17:30 PM IST
PM Narendra Modi to launch e-RUPI, a person and purpose-specific digital payment solution
e-RUPI is a QR code or SMS string-based e-Voucher, which is delivered to the mobile of the beneficiaries.
Aug 01, 2021, 00:03 AM IST
BHIM UPI transactions down at Rs 4.94 lakh crore in April
UPI had recorded 2.73 billion or 273 crore transactions which amount to Rs 5,04,886 crore in March. While the total transactions fell down in April, the daily transaction volume for UPI remained the same in the last two months with about 88 million transactions.
May 02, 2021, 10:40 AM IST
Here’s how to withdraw cash from ATM without using debit card
As per a report, the company has partnered with the National Payments Corporation of India (NPCI) and City Union Bank to launch this facility. More than 1,500 ATMs have been upgraded to this service, while they are looking to upgrade more ATMs rapidly.
Apr 05, 2021, 19:56 PM IST
Register complaint online using BHIM UPI app, UPI-Help for digital payments goes live
UPI-Help can resolve complaints online for person-to-person (P2P) transactions. In addition to this, in case of pending transactions where user doesn’t take any action, the UPI-Help shall also proactively attempt to auto update the final status of the transactions on the app.
Mar 16, 2021, 16:34 PM IST
PhonePe services return to normal after Yes Bank crisis
All merchant payment settlements were restored by Friday noon and all consumer wallet, credit and debit card payments were restored by 3 pm, the company said in a statement.
Mar 09, 2020, 15:36 PM IST
IOB goes live with Bharat Bill Payment system
BBPS is an integrated bill payment system that offers inter-operable online bill payments to customers.
Jul 29, 2017, 15:56 PM IST
Karbonn K9 Kavach 4G with integrated BHIM app launched at Rs 5,290
The K9 Kavach 4G is powered with finger touch sensors in securing other applications and access to phone.
Jul 04, 2017, 14:58 PM IST
MeitY reaches out to RBI, others against Wanna Cry ransomware
The IT ministry has reached out to key stakeholders like RBI, National Payments Corporation of India, NIC and UIDAI (Aadhaar) to advise them to protect their systems against 'Wanna Cry' ransomware to ensure that the digital payments ecosystem in the country is protected.
May 14, 2017, 20:52 PM IST
NPCI says rectified technical glitch that delayed EMIs
National Payments Corporation of India (NPCI) on Thursday said it has rectified the technical glitch that delayed deduction of equated monthly instalments (EMIs) of some bank customers in the past few days.
Mar 08, 2017, 20:52 PM IST
Debit card breach: Hitachi owns-up, says it 'regrets' the inconvenience caused
The National Payments Corporation of India (NPCI) had said over 600 customers had reported losses of at least Rs 1.3 crore due to the breach.
Feb 09, 2017, 16:57 PM IST
NPCI declares Rs 54.90 cr prize money for NITI Aayog's lucky draw schemes
National Payments Corporation of India (NPCI) on Saturday declared Rs 54.90 crore prize money to over 3.42 lakh winners for NITI Aayog's lucky draw schemes for consumers and merchants. The two schemes are - Lucky Grahak Yojna (LGY) and Digi-Dhan Vyapar Yojna (DVY).
Jan 15, 2017, 00:35 AM IST
HSBC launches its Unified Payments Interface for corporates in India
Foreign lender HSBC on Monday launched its Unified Payments Interface (UPI) for corporates in the country.
Nov 28, 2016, 20:35 PM IST
Canara Bank launches UPI mobile app
The mobile app is available for download from Google play store.
Aug 30, 2016, 17:36 PM IST
We attempt to be an informed, adaptive regulator: Raghuram Rajan
Reserve Bank Governor Raghuram Rajan Monday said as a regulator the central banks tries to be informed and adaptive when it comes to regulation of new instruments and processes.
Apr 11, 2016, 19:13 PM IST
