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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.
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.
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.
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.
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.
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.
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.
Digital transactions: Is UPI finally making the right bet to grow?
Tue, Apr 04, 2017
Nearly seven months since its launch, Unified Payments Interface (UPI) has failed to rock the digital transactions boat in India. Even demonetisation that forced the government to pivot to making India a 'less-cash' society hasn't helped much.
Reliance Retail in partnership with NPCI announces UPI Payments app facility across 200 stores in Mumbai
Thu, Mar 30, 2017
Reliance Retail in partnership with National Payments Corporation of India (NPCI) on Thursday launched mobile-based in-store UPI Payments facility app over 200 stores in Mumbai.
Hitachi admits to systems being compromised in 2016 leading to card scare
Thu, Feb 09, 2017
Hitachi Payments Services said its systems were compromised by a malware which resulted in losses for over 600 customers.
NPCI expects all public sector banks to join BHIM platform by end of February
Tue, Feb 07, 2017
NPCI expects all public sector banks to join its recently launched BHIM platform by the end of February this year.
NPCI launches updated 1.2 version of BHIM app on Google Play Store; to be available in 7 new languages
Wed, Jan 25, 2017
The National Payments Corporation of India (NPCI) on Wednesday launched second updated version 1.2 of Bharat Interface for Money (BHIM) app on Google Play Store for Android phone users.
Now, NPCI tells PhonePe app is in contravention of UPI guidelines
Fri, Jan 20, 2017
After directing ICICI Bank to accept payments from PhonePe app through UPI, it now tells PhonePe it has been going against the guidelines.
NPCI asks ICICI Bank to open up to PhonePe "immediately"
Fri, Jan 20, 2017
SBI had also blocked money transfers by its account holders to Paytm, Mobikwik and Freecharge.
Over 3 lakh consumers & 20,000 merchants receive prizes worth nearly Rs 61 crore in govt's digital payment schemes
Thu, Jan 19, 2017
Over 3 lakh consumers and more than 20,000 merchants have received prizes worth nearly Rs 61 crore at the government's recently started digital payments scheme titled 'Digi-Dhan Melas'.
Govt's e-payments platform BHIM App witnesses over 10 million downloads in 10 days
Mon, Jan 09, 2017
The government's recently launched e-payments platform BHIM App has witnessed over 10 million downloads in 10 days. Prime Minister Narendra Modi had launched BHIM App during his address to 'DigiDhan Mela' in New Delhi on December 30 last year, according to earlier PTI report.
Govt announces 'Christmas Gift' of Rs 340 crore to spur digital payments
Thu, Dec 15, 2016
Amitabh Kant announced schemes which incentivise transactions as small as Rs 50 to Rs 3,000 to encourage digital payments.
NITI Aayog mulls Rs125-crore budget for lucky draws to boost e-payments
Sun, Dec 11, 2016
Aimed at promoting digital transactions, government think tank NITI Aayog has proposed an award scheme with a budget of Rs 125 crore to incentivise people using electronic mode of payments through weekly and quarterly lucky draw contests.
NITI Aayog to offer incentives to encourage digital transactions
Sun, Dec 11, 2016
In a bid to promote electronic transactions, NITI Aayog has asked NPCI to frame an award scheme to incentivise people using digital mode for making payments through weekly and quarterly lucky draws.
ICICI Bank, Kotak Bank, others issue SMSes to customers to curb financial fraud
Thu, Oct 20, 2016
In a move to curb the ongoing financial data breach occurring via ATM, debit and credit cards, banks in India have started issuing SMS notifications to customers advising them to change passwords of their cards on an immediate basis.