Wed, May 08, 2024
As digital payment platforms, PhonePe and Google Pay, continue to have a duopoly in the Unified Payments Interface (UPI) market, the deadline by the National Payments Corporation of India (NPCI) to implement a 30 per cent market share cap on UPI services providers inches closer. Will NPCI implement or extend the deadline?
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Tue, May 07, 2024
Commuters will also be able to recharge their smart cards in a similar way with the help of this system.
Mon, May 06, 2024
In the past, NRIs needed to register an Indian mobile number with their banks to make UPI payments. Now, they can use their international mobile number to make payments through UPI via ICICI's iMobile Pay mobile banking app.
Thu, May 19, 2022
The Reserve Bank on Thursday issued a rule for withdrawing money from any ATM without a card.
Sat, Apr 30, 2022
In this episode of Tech Top 10, we bring you top 10 fresh updates from the tech world. Here's all you need to know.
Tue, Mar 08, 2022
The service christened UPI (unified payments interface) '123PAY' is a three-step method to initiate and execute services for users which will work on simple phones which do not have an internet connection.
Sun, Jan 09, 2022
The WhatsApp users must note that WhatsApp Pay allows quick transfer of money to the contacts. The app uses UPI payment infrastructure to send and transfer money.
Thu, Dec 30, 2021
All you need to do is dial the *99# USSD code on your phone.
Wed, Dec 08, 2021
RBI Governor Shaktikanta Das while addressing on review by Monetary Policy Committee, made an important announcement on "UPI for Feature Phone Users."
RBI Governor Shaktikanta Das while addressing on review by Monetary Policy Committee, made an important announcement on "Increase in UPI Transaction Limit for Specified Categories."
- RBI mulls to launch UPI-based payment products for feature phone users, Governor Shaktikanta Das says.
Tue, Sep 14, 2021
This will allow users of each of the two fast payment systems to make instant, low-cost fund transfers on a reciprocal basis without a need to get onboarded onto the other payment system
Thu, Apr 01, 2021
Fintech major PhonePe on Thursday said it has hit an annual total payment value (TPV) run rate of USD 388 billion dollars in March this year. The company, which competes with players like Paytm and Google Pay in the Indian digital payments market, said it has crossed the one-billion mark in terms of UPI transactions in the month of March
Mon, Mar 15, 2021
UPI-Help can resolve complaints online for person-to-person (P2P) transactions.
Mon, Jan 18, 2021
It is a big encouragement for MSMEs, small businesses to adopt digital payments!
Fri, Jan 01, 2021
For all those who do UPI transactions or payment, here comes a big relief! Many reports had been circulating that said additional charge will be levied on UPI transactions.
Tue, Dec 08, 2020
In a significant achievement, merchant payments firm BharatPe has toppled Google Pay to become #3 in UPI P2M.
Thu, Nov 26, 2020
The move will benefit more than 17 million merchants who will enjoy a 0% fee on all their digital payments with direct settlement in their bank accounts.
Fri, Nov 06, 2020
In what could be a pivotal moment in WhatsApp’s journey in India, it has rolled out WhatsApp Pay here, after years of struggle. The new in-app feature will compete against already existing market players like Google Pay, Paytm, PhonePe, among others.
Fri, Sep 04, 2020
If you have been making payments through UPI, your transactions are set to get cheaper. Private banks have decided to waive off charges on Unified Payments Interface (UPI)-based transactions after the Central Board of Direct Taxes (CBDT) asked banks to refund the fee collected from customers and merchants for UPI transactions from January onwards.
Mon, Aug 31, 2020
Axis Bank, ICICI Bank and Kotak Mahindra Bank charge Rs 2.50 for amounts of up to Rs 1,000 and Rs 5 for transfers above Rs 1,000 on person-to-person UPI payments beyond 20 transactions a month.
If any bank has deducted charges for your UPI, UPI QR Code or RuPay Cards transactions, then the bank will have to refund it.
SBI UPI Fund Transfer Failure: While using a State Bank of India (SBI) UPI digital payment mode is quick and easy, you must also know the limit per transaction and also daily limit before initiating a transaction. The largest state lender offers UPI services through its SBI YONO Lite app. There is a limit of Rs 10,000 per transaction and Rs 25,000 daily limit through SBI YONO LITE App, the bank website says
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