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Want all mutual fund services on single online platform? This startup has just become the first such one-stop-shop
Wed, May 29, 2019
On Wednesday, the company announced that it is now the first & only online platform to have mutual fund schemes from all 40 Asset Management Companies (AMCs) in India.
BHIM SBI Pay App: Here's how to secure your UPI Pin
Mon, Apr 15, 2019
This mobile application works on the Unified Payments Interface (UPI).
NPCI mulls using blockchain solution to strengthen digital payments
Sun, Apr 14, 2019
"Blockchain stores information about transactions between users in a way that can be tracked by any user for forever for maximum transparency. This gives visibility which can lead to greater efficiency by automating or confirming transactions and increasing liquidity in the supply chain," said Innefu Labs Co-Founder Tarun Wig.
After RBI, UPI-operator NCPI warns about 'AnyDesk' app fraud: How your money is robbed and how to save it
Tue, Feb 19, 2019
RBI alerted banks about potential fraudulent transactions on the unified payments interface (UPI) platform. RBI said that the cautionary notice was issued in the wake of rising number of fraud using the UPI platform.
RBI Fraud Alert: This App named AnyDesk can wipeout your bank account using UPI
Mon, Feb 18, 2019
A new app called AnyDesk is a scam, and it can wipe out entire bank using UPI, net banking. Watch full video to know more.
India a cashless economy? Digital transactions continue to rise, UPI gains popularity; know how digital payment industry see ache din
Fri, Nov 30, 2018
Not many regions especially the rural areas, have been comfortable in using digital portals. However, electronic payment system has been a success story for the NDA government.
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.
Good news for UPI, RuPay users; get heavy discounts on shopping; check benefits
Wed, Oct 24, 2018
UPI, RuPay users can expect to get additional discount on categories such as Travel, Lifestyle, eCommerce shopping, Fashion, Retail and more.
UPI payment within same account will be stopped from next month; NCPI brings new rule
Mon, Jul 23, 2018
This move can also lower the performance of UPI in coming months, because now users will only be able to carry transactions to other accounts.
BHIM app upgraded, here is how it has made things easier for you
Thu, May 31, 2018
Many banks such as ICICI, Standard Chartered, HSBC have the facility of voice recognition for phone banking services. Through BHIM, users can make payment transactions - send/request money as well as pay by scanning QR code.
WhatsApp to offer this bank's payments feature soon?
Tue, Mar 13, 2018
Whatsapp may become even more integral to its fans' lives as the messenger app is all set to offer a bank's service on its platform. India's third largest private sector bank Axis Bank today said it would soon be able to process payments over the popular chatting application 'WhatsApp'.
This UPI solution to ensure real-time fraud prevention
Fri, Mar 09, 2018
UPI-enabled transactions crossed the 151.7 million mark in January, undergoing a 4% increase from the 145.5 million transactions registered in December 2017.
PhonePe hits out at Paytm, says claims around UPI are "misleading"
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.
Amazon allows shopping upto Rs 10,000 through UPI apps
Tue, Feb 20, 2018
A customer can register through any of the UPI apps like BHIM, and enjoy payment facility on Amazon using his/her ID.
Soon, you can make payments through WhatsApp
Thu, Jan 18, 2018
WhatsApp's payments feature is highly anticipated because of the huge popularity of the app across diverse populations in India.
Govt ropes in ICICI Bank to enable cashless payments on e-NAM
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.
Govt pushes for railway ticket booking via BHIM app
Wed, Dec 06, 2017
In a move to boost cashless transactions, Government of India has started promoting BHIM app for ticket booking, payment facility.
Use UPI to book rail tickets at reservation counters
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.
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.
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.