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India Delays UPI Payments Market Share Cap in Relief for PhonePe, Google Pay
- Tuesday December 31, 2024
- Reuters
India has pushed back the implementation of market share caps for UPI apps like Google Pay and PhonePe. According to the proposal, first made in November 2020, digital payment firms would not be allowed to hold more than 30 percent share of the volume of transactions processed via India's popular unified payments interface (UPI).
- www.gadgets360.com
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Google Pay Announces UPI Circle, UPI Vouchers and More Features at Global Fintech Fest 2024
- Friday August 30, 2024
- Written by Akash Dutta, Edited by David Delima
Google Pay, the Unified Prepaid Interface (UPI) payments app, announced new features at the Global Fintech Fest (GFF) 2024. The company said that these new features, which will be rolled out later this year, will make it easier for users to make payments and transact through the app. Some of the features announced at the GFF include UPI Circle, UPI...
- www.gadgets360.com
-
Google Pay, PhonePe Other Payment Firms Seek to Join RBI's CBDC Pilot, Said to Offer eRupee Transactions
- Monday August 5, 2024
- Reuters
The RBI has started onboarding UPI platforms like Google Pay and PhonePe to the advanced trials of the eRupee CBDC. Payment firms are working closely with the RBI and National Payments Corporation of India (NPCI), the domestic payments authority, and are expected to roll out access to e-rupee over the next three-to-four months
- www.gadgets360.com
-
Google Pay to Roll Out SoundPod With Audio Alerts to Merchants in India After Year-Long Pilot
- Friday February 23, 2024
- Written by David Delima
Google SoundPod is coming to merchants in India in the coming months, the company said on Thursday. After a year-long limited pilot, the company revealed that it is bringing its device for payment alerts to merchants in the country, along with cashback offers. Google's SoundPod will compete with soundboxes from rivals like PhonePe and Paytm.
- www.gadgets360.com
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[Update] Several Users Face UPI Transaction Failures as Few Banks Hit by Technical Glitch
- Wednesday February 7, 2024
- Gadgets 360 Staff
Several users took to X (formerly Twitter) to claim that UPI transactions were not going through. In a tweet, the National Payments Corporation of India or NPCI, confirmed that some banks had been hit by an outage, causing UPI transaction failures.
- www.gadgets360.com
-
Google To Globalise UPI, Help Establish Similar Payment Systems Abroad
- Wednesday January 17, 2024
- India News | Satviki Sanjay, Bloomberg
Alphabet Inc.'s Google Pay will work with India's mobile-based payments system that generates billions of transaction every month to expand the services beyond the South Asian nation.
- www.ndtv.com
-
Google Pay, NPCI Sign MoU to Expand UPI Globally, Aim to Ease Digital Payments Abroad
- Wednesday January 17, 2024
- Written by Manas Mitul, Edited by Siddharth Suvarna
Google Pay and National Payments Corporation of India (NPCI) will work together to expand Unified Payments Interface (UPI), the instant payments system widely used in the country, to international markets, Google and NPCI confirmed Wednesday. A Memorandum of Understanding (MoU) has been signed between Google Pay India and NPCI subsidiary, NPCI Inte...
- www.gadgets360.com
-
Google Pay Said to Begin Collecting Convenience Fee on Mobile Recharge Transactions
- Thursday November 23, 2023
- Written by David Delima, Edited by Siddharth Suvarna
Google Pay has begun charging a convenience fee when users purchase a mobile recharge plan, according to user reports online. The company appears to have joined rival payment platforms Paytm and PhonePe that previously introduced a convenience fee when users make prepaid recharge payments. Google Pay has reportedly begun to charge up to Rs. 3 in co...
- www.gadgets360.com
-
RBI Increases UPI Lite Transaction Limit to Rs. 500, Proposes AI-Powered ‘Conversational Payments’
- Thursday August 10, 2023
- Written by Himani Jha, Edited by Manas Mitul
RBI Governor Shaktikanta Das announced an increase in UPI Lite transaction limit to up to Rs. 500 in offline mode. Besides, a few other features including conversational payments and NFC support on UPI have also been proposed to make transactions more seamless. UPI Lite was first introduced in September 2022 with a transaction limit of up to Rs. 20...
- www.gadgets360.com
-
Google Pay UPI Lite Feature for Pin-Free Digital Transactions Announced: Here's How to Use
- Thursday July 13, 2023
- Written by Richa Sharma, Edited by Siddharth Suvarna
Google Pay has introduced new UPI Lite services on its platform to make digital transactions a seamless experience. With UPL Lite, users will be able to perform quick digital payments with just one click, without the need to enter the UPI PIN that is used for Google Pay transactions. However, there are a few limitations in order to ensure the money...
- www.gadgets360.com
-
Google Pay Rolls Out UPI Payments Support for RuPay Card Holders of These Banks: Details
- Tuesday May 23, 2023
- ANI
Off-page: This feature is now available to RuPay credit card holders of Axis Bank, Bank of Baroda, Canara Bank, HDFC bank, Indian Bank, Kotak Mahindra Bank, Punjab National Bank and Union Bank of India. More banks will follow suit shortly.
- www.gadgets360.com
-
UPI Transactions Over Rs 2,000 To Attract 1.1% Fee, But Customer Won't Pay
- Wednesday March 29, 2023
- Business | Edited by NDTV Business Desk
The National Payments Corporation of India (NPCI) has notified that an interchange fee of up to 1.1 per cent will be applicable on merchant UPI transactions from April 1.
- www.ndtv.com/business
-
Amazon, Google in RBI’s List of Online Payment Aggregators, Over 50 Entities Granted License to Operate
- Thursday February 16, 2023
- Press Trust of India
RBI on Wednesday released a list of 54 entities, including Amazon (Pay) India, Google India Digital Services, NSDL Database Management, and Zomato Payments, which can continue to operate as Online Payment Aggregators (PAs).
- www.gadgets360.com
-
Google Pay Will Now Warn Users About Fraudulent, Suspicious Transactions: Details
- Tuesday December 20, 2022
- Written by Himani Jha, Edited by David Delima
Google has rolled out new safety measures for Google Pay to offer secure digital payments. The app will now detect fraudulent activities in order to warn users. It will use its intelligent language engine to flash a message and alert the user in their preferred language.
- www.gadgets360.com
-
India Delays UPI Payments Market Share Cap in Relief for PhonePe, Google Pay
- Tuesday December 31, 2024
- Reuters
India has pushed back the implementation of market share caps for UPI apps like Google Pay and PhonePe. According to the proposal, first made in November 2020, digital payment firms would not be allowed to hold more than 30 percent share of the volume of transactions processed via India's popular unified payments interface (UPI).
- www.gadgets360.com
-
Google Pay Announces UPI Circle, UPI Vouchers and More Features at Global Fintech Fest 2024
- Friday August 30, 2024
- Written by Akash Dutta, Edited by David Delima
Google Pay, the Unified Prepaid Interface (UPI) payments app, announced new features at the Global Fintech Fest (GFF) 2024. The company said that these new features, which will be rolled out later this year, will make it easier for users to make payments and transact through the app. Some of the features announced at the GFF include UPI Circle, UPI...
- www.gadgets360.com
-
Google Pay, PhonePe Other Payment Firms Seek to Join RBI's CBDC Pilot, Said to Offer eRupee Transactions
- Monday August 5, 2024
- Reuters
The RBI has started onboarding UPI platforms like Google Pay and PhonePe to the advanced trials of the eRupee CBDC. Payment firms are working closely with the RBI and National Payments Corporation of India (NPCI), the domestic payments authority, and are expected to roll out access to e-rupee over the next three-to-four months
- www.gadgets360.com
-
Google Pay to Roll Out SoundPod With Audio Alerts to Merchants in India After Year-Long Pilot
- Friday February 23, 2024
- Written by David Delima
Google SoundPod is coming to merchants in India in the coming months, the company said on Thursday. After a year-long limited pilot, the company revealed that it is bringing its device for payment alerts to merchants in the country, along with cashback offers. Google's SoundPod will compete with soundboxes from rivals like PhonePe and Paytm.
- www.gadgets360.com
-
[Update] Several Users Face UPI Transaction Failures as Few Banks Hit by Technical Glitch
- Wednesday February 7, 2024
- Gadgets 360 Staff
Several users took to X (formerly Twitter) to claim that UPI transactions were not going through. In a tweet, the National Payments Corporation of India or NPCI, confirmed that some banks had been hit by an outage, causing UPI transaction failures.
- www.gadgets360.com
-
Google To Globalise UPI, Help Establish Similar Payment Systems Abroad
- Wednesday January 17, 2024
- India News | Satviki Sanjay, Bloomberg
Alphabet Inc.'s Google Pay will work with India's mobile-based payments system that generates billions of transaction every month to expand the services beyond the South Asian nation.
- www.ndtv.com
-
Google Pay, NPCI Sign MoU to Expand UPI Globally, Aim to Ease Digital Payments Abroad
- Wednesday January 17, 2024
- Written by Manas Mitul, Edited by Siddharth Suvarna
Google Pay and National Payments Corporation of India (NPCI) will work together to expand Unified Payments Interface (UPI), the instant payments system widely used in the country, to international markets, Google and NPCI confirmed Wednesday. A Memorandum of Understanding (MoU) has been signed between Google Pay India and NPCI subsidiary, NPCI Inte...
- www.gadgets360.com
-
Google Pay Said to Begin Collecting Convenience Fee on Mobile Recharge Transactions
- Thursday November 23, 2023
- Written by David Delima, Edited by Siddharth Suvarna
Google Pay has begun charging a convenience fee when users purchase a mobile recharge plan, according to user reports online. The company appears to have joined rival payment platforms Paytm and PhonePe that previously introduced a convenience fee when users make prepaid recharge payments. Google Pay has reportedly begun to charge up to Rs. 3 in co...
- www.gadgets360.com
-
RBI Increases UPI Lite Transaction Limit to Rs. 500, Proposes AI-Powered ‘Conversational Payments’
- Thursday August 10, 2023
- Written by Himani Jha, Edited by Manas Mitul
RBI Governor Shaktikanta Das announced an increase in UPI Lite transaction limit to up to Rs. 500 in offline mode. Besides, a few other features including conversational payments and NFC support on UPI have also been proposed to make transactions more seamless. UPI Lite was first introduced in September 2022 with a transaction limit of up to Rs. 20...
- www.gadgets360.com
-
Google Pay UPI Lite Feature for Pin-Free Digital Transactions Announced: Here's How to Use
- Thursday July 13, 2023
- Written by Richa Sharma, Edited by Siddharth Suvarna
Google Pay has introduced new UPI Lite services on its platform to make digital transactions a seamless experience. With UPL Lite, users will be able to perform quick digital payments with just one click, without the need to enter the UPI PIN that is used for Google Pay transactions. However, there are a few limitations in order to ensure the money...
- www.gadgets360.com
-
Google Pay Rolls Out UPI Payments Support for RuPay Card Holders of These Banks: Details
- Tuesday May 23, 2023
- ANI
Off-page: This feature is now available to RuPay credit card holders of Axis Bank, Bank of Baroda, Canara Bank, HDFC bank, Indian Bank, Kotak Mahindra Bank, Punjab National Bank and Union Bank of India. More banks will follow suit shortly.
- www.gadgets360.com
-
UPI Transactions Over Rs 2,000 To Attract 1.1% Fee, But Customer Won't Pay
- Wednesday March 29, 2023
- Business | Edited by NDTV Business Desk
The National Payments Corporation of India (NPCI) has notified that an interchange fee of up to 1.1 per cent will be applicable on merchant UPI transactions from April 1.
- www.ndtv.com/business
-
Amazon, Google in RBI’s List of Online Payment Aggregators, Over 50 Entities Granted License to Operate
- Thursday February 16, 2023
- Press Trust of India
RBI on Wednesday released a list of 54 entities, including Amazon (Pay) India, Google India Digital Services, NSDL Database Management, and Zomato Payments, which can continue to operate as Online Payment Aggregators (PAs).
- www.gadgets360.com
-
Google Pay Will Now Warn Users About Fraudulent, Suspicious Transactions: Details
- Tuesday December 20, 2022
- Written by Himani Jha, Edited by David Delima
Google has rolled out new safety measures for Google Pay to offer secure digital payments. The app will now detect fraudulent activities in order to warn users. It will use its intelligent language engine to flash a message and alert the user in their preferred language.
- www.gadgets360.com