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RBI launches UPI Lite, credit card on UPI & cross-border features for users, know how it will impact you
Wed, Sep 21, 2022
Reserve Bank of India governor Shaktikanta Das launched NPCI's new initiatives at the Global Fintech Fest in Mumbai. From UPI Lite to using credit cards for UPI transactions, here is all you need to know.
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UPI records 6 billion transactions in July - highest since launch; PM Modi hails as 'outstanding accomplishment'
Tue, Aug 02, 2022
Prime Minister Narendra Modi has hailed as an "outstanding accomplishment" the UPI recording 6 billion transactions in July and said it indicates the collective resolve of the people to embrace new technologies and make the economy cleaner.
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NPCI allows WhatsApp UPI payment facility for additional 6 crore users
Thu, Apr 14, 2022
WhatsApp UPI Payment: Big news is coming about UPI payments on WhatsApp. NPCI has approved the addition of 60 million new users to WhatsApp UPI Payments. That is, WhatsApp has got permission to add 60 million (60 million) new users for its UPI transaction. After doing this, WhatsApp will be able to expand its facility to 100 million users (100 million). The country's National Payments Corporation of India ie NPCI has given approval for this.
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NPCI directs banks, payment services to set up online dispute resolution system for UPI ecosystem; warns of action on non-compliance
Wed, Apr 13, 2022
To resolve complaints regarding digital transactions done using the Unified Payments Interface (UPI) and to provide convenience to customers, the National Payment Corporation of India (NPCI) has directed banks, payment service providers, third-party applications to set up an Online Dispute Resolution (ODR) system.
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Attention Crypto Investors! NPCI said this big thing about crypto transactions through UPI
Sun, Apr 10, 2022
Cryptocurrency exchange: On reports of cryptocurrency exchanges using UPI for transactions, NPCI said that they are not aware of any exchange that uses UPI. The National Payments Corporation of India (NPCI) on Thursday said that they are not aware of any Virtual Digital Asset Exchange (VDA Exchange) using UPI for transactions.
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Covid-19 impact! Auto debit bounce rate sees a month-on-month rise; 37% failed transaction at 3.20 crore in June 2021 - What NPCI, NACH data reveal
Tue, Jul 13, 2021
As per the data from the National Payments Corporation of India (NPCI), the combined auto debit failure of all the banks in the country stood at 37 per cent in June. The NPCI data further suggested that out of the 8.70 cr auto debit transactions processed through National Automated Clearing House (NACH), 3.20 crore auto debit transactions failed because of inadequate balance in the accounts
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SBI Alert! State Bank of India, NPCI join hand for YONO users
Thu, Apr 08, 2021
SBI YONO: State Bank of India (SBI) and the umbrella body of retail and digital payments National Payments Corporation of India (NPCI) have joined hands to launch a dedicated campaign to focus on deepening the reach of UPI transactions across all sections of the population.
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IRCTC SBI RuPay Credit Card - Know key features, benefits, bonus points and more about this contactless card
Thu, Jan 14, 2021
IRCTC SBI RuPay Credit Card comes packed with many features. The IRCTC SBI RuPay card was launched in July 2020 jointly by the State Bank of India (SBI), the Indian Railway Catering and Tourism Corporation (IRCTC) and the National Payments Corporation of India (NPCI).
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Do UPI transactions or payments? Big relief! NPCI shoots message to all! "Not to fall prey," warns against additional charges from January 1
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.
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Central Bank of India account holder? New debit card launched - RuPay Select | TOP FEATURES, BENEFITS
Mon, Dec 21, 2020
Central Bank of India in association with National Payments Corporation of India (NPCI) has launched a unique variant of contactless Debit Card – ‘RuPay Select’ on the occasion of Bank’s Foundation Day today.
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