Mon, Aug 07, 2023
If you see any suspicious activity on your UPI account, such as unauthorised transactions or changes to your account information, report it to your bank or the UPI app provider immediately.
Tue, Aug 01, 2023
UPI transactions in India have seen an exponential rise in value, from 5.86 lakh crore in 2018 to 125.94 lakh crore in 2022. The UPI facility has been extended for travellers from G-20 countries at the Mumbai, Bengaluru, Mumbai and New Delhi international airports for merchant payments.
Fri, Feb 28, 2020
Unified Payments Interface (UPI) is the fastest product to hit 1 billion transactions-a-month in 2019, according to a report by Worldline India; UPI facilitated transactions worth INR 18.36 trillion, up 214 pct from 2018
Tue, Aug 06, 2019
Some users of Truecaller Pay feature last week complained that an SMS was sent out automatically without users` consent to its banking partners.
Mon, Jul 02, 2018
Unified Payments Interface (UPI) is a system that powers multiple bank accounts into a single mobile application (of any participating bank), merging several banking features, seamless fund routing & merchant payments into one hood.
Thu, Mar 08, 2018
PhonePe clarified that data around Paytm's ATV and Average Transactions per Customer (ATPC) was not available. However, based on the 21 million money transfer transactions made by Paytm customers to PhonePe users, the Bengaluru-based company had found that 40,000 unique consumers had done over 500 transactions each in February bringing the average transaction for Paytm to less than Rs 40.
Thu, Dec 07, 2017
ICICI Bank will enable BHIM (Bharat Interface for Money) and Unified Payments Interface (UPI) on the e-NAM portal for making cashless payments, the official added.
Fri, Dec 01, 2017
The Railways has extended the facility for payment through UPI/BHIM on all the ticket counters. This facility to book e-tickets online has already been implemented on the IRCTC website.
Sun, Nov 19, 2017
The transaction volume at all points of sale (POSes) clipped higher by 86% to 378 million in September this year over the same period last year when it stood at 203 million, European payment solutions provider Worldline said in a weekend report quoting the Reserve Bank data.
Fri, Sep 01, 2017
WhatsApp has rolled out its WhatsApp for Businesses with BookMyShow. With WhatsApp Payments will the app become one-stop shop for businesses in India?
Wed, Aug 02, 2017
UPI transactions in July rose 10%, at 11.63 million
In value terms, transactions stood at Rs 3,411 crore
Sun, Jul 16, 2017
Officials from various ministries gave a presentation to the Parliamentary Standing Committee on Finance on 'Demonetisation and Transformation towards Digital Economy'.
As part of the tie-up, MobiKwik wallet is now integrated with Samsung Pay Mini to enable one-tap payments at more than 1.4 million MobiKwik-powered merchants across the country, the digital payments firm said in a statement.
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.
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.
Tue, Mar 28, 2017
ICICI Bank in partnership with Truecaller has launched 'Truecaller Pay' app in New Delhi on Tuesday.
Tue, Feb 07, 2017
NPCI expects all public sector banks to join its recently launched BHIM platform by the end of February this year.
Wed, Feb 01, 2017
Jaitely said, "The government will launch two new schemes to promote usage of BHIM app and these are Referral Bonus Scheme for individuals and a Cashback Scheme for merchants."
Tue, Jan 31, 2017
Jan Dhan, Aadhaar, Mobile have been in focus for a period of two years now and it was one of the central themes of last year’s economic survey.
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.
One user criticised the "very very poor app establishment", citing the inability to generate a PIN using the Maestro debit card. Asking the authorities to "please look into the matter at the earliest", he contended that some 30-40 per cent of account holders have debit cards without expiry dates.
Tue, Jan 17, 2017
In August, Flipkart's PhonePe subsidiary had partnered with Yes Bank to introduce unified payment interface (UPI) based mobile payments app.
Tue, Jan 03, 2017
The app is available in 10 regional languages, including Hindi, to make digital payments accessible to all.
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