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unified payment interface News
unified payment interface
Your e-wallet account just got this massive boost; check benefits
Thu, Oct 18, 2018
E-wallet companies will now give competition to banks with Reserve Bank of India allowing them to use the Unified Payment Interface (UPI) besides issuing prepaid debit cards such as Rupay, Visa, and Mastercard.
Digital payment: Know here all about popular platforms
Sun, Mar 25, 2018
Digital payment platforms: E-wallets came to the rescue of people when demonetisation struck and ATMs ran dry, and people have since adopted it as a part of their everyday lives. These e-wallets can be used to pay utility bills, pay at local stores, send and receive money anywhere and much more. Remember that KYC is mandatory for using e-wallets now as per RBI’s directive.
E-commerce sector rides on Digital India, note ban
Sat, Dec 30, 2017
More than computer-based Internet penetration and broadband extension, the record growth of smartphones and the 4G network rollout made e-tailing popular even in secondary cities and towns across the country thanks to easy and quick access to information and data on products and services.
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.
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.
Transaction charges: Which is the cheapest mode of money transfer between UPI, IMPS and NEFT?
Thu, Jun 08, 2017
UPI distinguished itself from other digital payment mode because of its no charges from banks, one-touch.
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.
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.
Kotak aims to double customer base with ‘811’ digital banking initiative in 18 months
Wed, Mar 29, 2017
Indian financial services conglomerate, Kotak Mahindra Bank on Wednesday announced the launch of 811, a full-service digital banking ecosystem on mobile.
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.
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.
Paytm adds UPI to its digital wallet
Tue, Jan 03, 2017
With the government pushing the use of UPI, Paytm has added the UPI feature on its app to enable users to transfer money to their digital wallets.
PM Modi launches UPI app BHIM; here's how to use it
Fri, Dec 30, 2016
All the banks, which are currently live on UPI, have been listed in the Bharat Interface for Money app.