“NPCI had faced intermittent technical issues owing to which UPI had partial decline. The same has been addressed now and the system has stabilised. Regret the inconvenience,” the payment regul…
A new report from the Digital India Foundation (DIF) has raised alarm over the growing threat of money laundering within India’s online gaming sector. The report highlights the urgent need for…
India and Maldives have signed an agreement to introduce the Unified Payments Interface in the archipelago nation, which will have a “very positive” impact on its tourism sector, External Affairs…
Fintech startups like Cred, PhonePe, BillDesk, and Inbeam Avenues are preparing for significant disruptions due to a new regulation mandating that credit card bill payments must go through a…
NPCI on Thursday said its overseas arm has signed a pact with the Bank of Namibia (BoN) for developing a UPI-like instant payment system for Namibia.
By leveraging technology and experiences from…
‘One Vehicle, One FASTag’ norm has come force from Monday, April 1, official said. The new rule of National Highways Authority of India (NHAI) aims to discourage the use of single FASTag for multiple…
In a major development, e-commerce giant Flipkart has launched its own Unified Payments Interface (UPI) service called “Flipkart UPI,” in collaboration with Axis Bank. This facility will allow…
In a major development, e-commerce giant Flipkart has launched its own Unified Payments Interface (UPI) service called “Flipkart UPI,” in collaboration with Axis Bank. This facility will allow…
Several new rules will come into effect from the first day of March, which is also the last month of the current financial year. These new rules will result in significant changes which will have an…
RBI Governor Shaktikanta Das. PTI
The linkage of the India’s Unified Payments Interface and the fast payment systems of a few …
Several banks are eyeing the payments business of Paytm Payments Bank, but they remain cautious due to concerns over the source of funds in its nodal accounts. These banks may insist on conducting…
India’s central bank has found hundreds of thousands of accounts at Paytm Payments Bank created without proper identification and has passed the information on to the country’s financial crime…
The Unified Payments Interface (UPI) has been formally launched at the Eiffel Tower in Paris, the Indian Embassy in France said on Friday and termed it as part of Prime Minister Narendra Modi’s…