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UIDAI asks banks not to discontinue Aadhaar payment system

UIDAI asks banks not to discontinue Aadhaar payment system

Sat, Dec 01, 2018

The UIDAI on Friday asked banks not to discontinue the Aadhaar Enabled Payment System (AEPS) as it may create obstruction in the delivery of welfare benefits.

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BHIM, Google Pay, Paytm users? Beware, you cannot do this anymore; big setback announced

BHIM, Google Pay, Paytm users? Beware, you cannot do this anymore; big setback announced

Tue, Oct 30, 2018

Big setback for BHIM, Google Pay, Paytm and other users has just been announced. The National Payments Corporation of India (NPCI) maker of UPI introduced new checks and balances, believing that such movement will encourage genuine transactions on UPI.   

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NPCI plans to make it big in credit card segment

NPCI plans to make it big in credit card segment

Wed, May 09, 2018

The RBI-backed national payments gateway,which pitches itself as an indigenous alternative to the foreign-owned Visa and MasterCard, has been acquired only 5 lakh customers through 12 bank alliances since the launch of the credit card last July.

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Using NPCI platform; EPFO will transfer your PF money faster

Using NPCI platform; EPFO will transfer your PF money faster

Sat, Nov 25, 2017

The board took note of the 10 requests from ineligible establishments for waiver of damages during the period May 20, 2017 to September 30, 2017 which were earlier rejected by EPFO.

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UPI transaction surged exponentially within year of demonetisation

UPI transaction surged exponentially within year of demonetisation

Sun, Nov 05, 2017

Digital transactions through Unified Payments Interface (UPI) have surged exponentially 77 times within a year of the demonetisation drive.

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Google Tez may have got 7.5 million users in 5 weeks, but many are still unhappy

Google Tez may have got 7.5 million users in 5 weeks, but many are still unhappy

Mon, Oct 30, 2017

Many of the comments by users have been negative as users often have complained against money being deducted from their account but not being delivery to the receiver.

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UPI still way behind other digital payments despite growing tie-ups with mobile apps

UPI still way behind other digital payments despite growing tie-ups with mobile apps

Mon, Sep 18, 2017

Google finally launched Tez mobile payment app which is integrated with UPI. This comes a day after Airtel Payment Bank announced tie-up with UPI.

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Google to launch TEZ mobile payment service in India on Monday

Google to launch TEZ mobile payment service in India on Monday

Sat, Sep 16, 2017

According to an official communication Finance Minister Arund Jaitley said that Google's payment service Tez will launch on Monday.

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NPCI says UPI transactions rose 10% in July

NPCI says UPI transactions rose 10% in July

Wed, Aug 02, 2017

Key Highlights:  UPI transactions in July rose 10%, at 11.63 million In value terms, transactions stood at Rs 3,411 crore

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Indian Overseas Bank goes live with Bharat Bill Payment system

Indian Overseas Bank goes live with Bharat Bill Payment system

Sat, Jul 29, 2017

BBPS is an integrated bill payment system that offers inter-operable online bill payments to customers.

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NPCI gets RBI nod to function as Bharat Bill Payment Central Unit

NPCI gets RBI nod to function as Bharat Bill Payment Central Unit

Fri, Jul 28, 2017

Key Highlights  NPCI was running bill payments as pilot for over a year  Soon you can pay electricity, DTH, telecom bills using NPCI 

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Google readies its UPI payment system before Whatsapp

Google readies its UPI payment system before Whatsapp

Mon, Jul 10, 2017

AP Hota, MD and CEO, National Payments Corporation of India (NPCI) said that Google has finished testing its UPI system and is currently waiting for the Reserve Bank of India (RBI) to give its nod for the services to begin. 

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Digital payments rose last year more than the past five years, Niti Aayog says

Digital payments rose last year more than the past five years, Niti Aayog says

Mon, Jul 03, 2017

According to Niti Aayog demonetisation increased by 55% in FY17 subsequent to demonetisation drive. In value terms, growth of digital payment stood at  24.2% in FY17. 

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UPI crosses 1 crore transaction in June, says NPCI

UPI crosses 1 crore transaction in June, says NPCI

Mon, Jul 03, 2017

This is a staggering 10-fold increase in 11 months from barely one million UPI transactions in August 2016 to over 10 million in June this year.

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Banks to start charging for peer-to-peer payments on UPI

Banks to start charging for peer-to-peer payments on UPI

Wed, Jun 07, 2017

Nearly two years after operationalisation of the Unified Payment Interface (UPI), banks have started moving to charge for peer-to-peer payments on the new platform.

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MNP for banks if RBI has its way; will you gain from it?

MNP for banks if RBI has its way; will you gain from it?

Thu, Jun 01, 2017

Benefits of bank account portability would mean your account number would remain the same even if you change your bank. Banks, naturally, are not enthused by the idea but RBI is pushing for it. 

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WannaCry Ransomware: Here are 6 steps you can follow to prevent cyber attack

WannaCry Ransomware: Here are 6 steps you can follow to prevent cyber attack

Tue, May 16, 2017

The 'WannaCry' ransomware has attacked the computers across the world since last Friday but little is being talked about measures to prevent computers from such cyber attacks. Here are six steps you can follow to prevent such cyber attacks. 

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WannaCry: Should you stay away from ATMs?

WannaCry: Should you stay away from ATMs?

Mon, May 15, 2017

After the WannaCry ransomware infected the computers across the world, the Reserve Bank of India (RBI) has directed banks to operate their ATM networks only after machines receive a Windows update to protect the machines from the malware. 

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Here's everything to know about 'WannaCry' ransomware; measures & more

Here's everything to know about 'WannaCry' ransomware; measures & more

Mon, May 15, 2017

The 'WannaCry' ransomware has attacked about 150 countries across the world but little is being talked about what is this cyber attack about,which countries are affected and how to prevent it. Here's everything to know about 'WannaCry' ransomware.  

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Whatsapp to use UPI payments soon; here's how it may work

Whatsapp to use UPI payments soon; here's how it may work

Wed, Apr 05, 2017

Facebook owned messaging app, Whatsapp may soon launch Unified Payments Interface (UPI) to promote peer-to-peer payment on its platform among other payment modes. Whatsapp that has 200 million users in India would have its own mobile wallet which could be out in a matter of six months.

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