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National Payments Corporation of India (NPCI) News
National Payments Corporation of India (NPCI)
Yes Bank crisis: Do online transactions? Alert! Swiggy, Flipkart, others scrap UPI payments option
Fri, Mar 06, 2020
Payments on several digital platforms have been hit after restrictions were imposed on Yes Bank by the the Reserve Bank of India (RBI). The bank is one of the biggest back-end solution platforms for making UPI payments.
UPI user in Noida loses Rs 6.8 lakh from SBI account: Why it happened and how to avoid such fraud
Fri, Dec 28, 2018
Earlier this month, a strange incident was reported from Uttar Pradesh's Noida where a UPI user reportedly lost Rs 6.8 lakh from his State Bank of India (SBI) savings account.
Ex-NPCI MD Abhay Hota joins Indiabulls Ventures as Independent Director
Sun, Aug 26, 2018
Hota, who served in the Reserve Bank of India for 27 years prior to joining NPCI, mostly worked in the areas of operating payment system platforms and payment system policy and his last such position with RBI was as Chief General Manager, Department of Payment and Settlement Systems, the company said in a statement.
UPI 2.0 launched: Massive benefits for bank customers available now
Fri, Aug 17, 2018
Until now UPI could be linked only to savings bank accounts. In the new version, it can be linked to current accounts as well. The other features offer benefits to both individual customers as well as merchants in terms of enhanced security.
WhatsApp vs Paytm: Govt body asks WhatsApp to follow guidelines
Sat, Feb 17, 2018
NPCI said that the full-scale public launch of the feature will be permitted only after the Facebook-owned platform meets all the required norms
Samsung Pay now available on UPI; collaborates with Axis Bank
Thu, Apr 27, 2017
With the launch of UPI on Samsung Pay, users can create their unique virtual addresses @pingpay enabling them to make seamless bank to bank transfers.
No vulnerability of UPI or BHIM, assures NPCI
Tue, Mar 21, 2017
He explained that since BHIM was launched, there have been 19.16 million downloads of which 5.1 million customers have linked it with their bank accounts.
Paytm suspends 'App POS' on data security concerns
Fri, Nov 25, 2016
Paytm had said it expects 10 million app POS to be downloaded before the weekend.
Banknotes ban effect: Transactions via RuPay cards nearly doubled
Fri, Nov 11, 2016
National Payments Corporation of India (NPCI) on Friday said “RuPay usage on Point Of Sale (PoS) / e-Commerce was around 8 lakh transactions a day compared with a daily average of 4 lakh transactions earlier. The value of transactions almost doubled.”
Unified Payments Interface set to go live for customers with 21 banks: NPCI
Thu, Aug 25, 2016
The banks with 1,000 pilot customers, 5,000 transactions and a success rate of around 80% will be permitted to go live.