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UPI Transactions In India Hit New Record, Nearly 17 Billion This January
UPI transactions in January surpassed nearly 1,700 crore, and the value exceeded Rs 23.48 lakh crore, marking the highest number recorded in a month.
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Google Pay Reportedly Levies Convenience Fees on Bill Payments via Credit and Debit Cards
Google Pay is now levying convenience fees on bill payments made via credit and debit cards, according to a report. Until now, the unified payments interface (UPI) platform was charging users Rs. 3 as a service fee on mobile recharges. However, it will now reportedly also levy a charge, in addition to the goods and service tax (GST), on utility bil...
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Uber's Big Change: Auto Service Now Cash-Only - Find Out Why
Uber has shifted its Auto service to a cash-only model, abandoning digital payments to reduce friction between drivers and riders.
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What Is The New Call Merging Scam And How To Remain Safe
Authorities in India have alerted people about a new scam, which involves fraudsters tricking users into merging calls and unknowingly sharing their One-Time Passwords (OTPs).
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WhatsApp Reportedly Testing Feature to Allow Users to Make Bill Payments in India
WhatsApp is reportedly working on a new feature for users in India. This feature is expected to allow users to make bill payments directly from within the messaging app. In November 2020, WhatsApp introduced the option to send money using the Unified Payment Interface (UPI) to select users in the country.
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Finance Minister Proposes ID Cards for Gig Workers, UPI-Linked Credit Cards for Street Vendors
Finance Minister Nirmala Sitharaman announced in her Union Budget 2025 speech that gig workers will receive ID cards and healthcare access via a social security scheme. The government will invest in street vendors and online workers, providing identity cards and e-Shram portal registration. The PM SVANidhi scheme will be revamped with enhanced bank...
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5 Things to Know About Key Technology-Related Announcements From the Union Budget 2025
Finance Minister Nirmala Sitharaman announced new measures as part of the Union Budget 2025, including expanded broadband for government schools, a boost for local manufacturing of components, and insurance for nearly 1 crore gig workers. Loan limits under the PM Swanidhi scheme will increase, and a new Rs. 30,000 credit card linked to the NPCI's U...
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NPCI to Decline UPI Transactions That Contain Special Characters in the Transaction ID
The National Payments Corporation of India (NPCI) issued a new notification earlier this month announcing new compliance guidelines. The new rules are aimed at all the members of the Unified Payments Interface (UPI), and state that any transaction identifier (ID) that contains special characters will be declined starting February 1.
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UPI Transaction IDs With These Characters Will Be Blocked From February 1 - Here's How To Avoid It
UPI Transaction IDs: The circular, dated January 9, advised UPI ecosystem players to generate UPI transaction IDs using only alphanumeric characters to ensure compliance with UPI technical specifications.
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UPI's Share In India's Digital Payments Surged To 83%: RBI Report
The share of the Unified Payments Interface in India's digital payments has surged from 34 per cent in 2019 to an impressive 83 per cent in 2024, with a remarkable CAGR of 74 per cent over the last five years, according a RBI report.
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Paratha For Breakfast, UPI Payment: How Cops Caught Saif Ali Khan Attack Suspect
Undone by a paratha. And the digital payments infrastructure. That was how Shariful Islam Shehzad, the man accused of stabbing Saif Ali Khan six times - in a suspected attempted burglary incident - was tracked down and arrested by Mumbai Police.
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IIT Bhilai Unveils Anti-Fraud Device, Aiming To Secure UPI, E-Commerce, And Banking
Resembling a pen drive, the device acts as a secure dongle, ensuring no online transactions can occur without its connection and a password.
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EPFO, UPI, GST And Visa: These Things Will Change Starting January 1, 2025
From changes in EPFO withdrawal procedures to UPI limit increase, here's what will be changing starting January 1, 2025.
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India Delays UPI Payments Market Share Cap in Relief for PhonePe, Google Pay
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).
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RBI To Allow Small Finance Banks To Extend Credit Lines Through UPI
The Reserve Bank on Friday proposed to allow small finance banks to extend pre-sanctioned credit lines through Unified Payments Interface (UPI).
![Gadgets 360 With Technical Guruji: News of the Week [November 9, 2024]](https://c.ndtvimg.com/2024-11/c7asifsg_news-of-the-week_160x120_09_November_24.jpg?downsize=245:163 "Gadgets 360 With Technical Guruji: News of the Week [November 9, 2024]")
![[Partner Content] OPPO Reno11 Pro 5G: The Only Camera You Need](https://c.ndtvimg.com/2024-01/mo0is2i8_oppo-phone_640x480_22_January_24.jpg?downsize=245:163 "[Partner Content] OPPO Reno11 Pro 5G: The Only Camera You Need")
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UPI Transactions In India Hit New Record, Nearly 17 Billion This January
UPI transactions in January surpassed nearly 1,700 crore, and the value exceeded Rs 23.48 lakh crore, marking the highest number recorded in a month.
-
Google Pay Reportedly Levies Convenience Fees on Bill Payments via Credit and Debit Cards
Google Pay is now levying convenience fees on bill payments made via credit and debit cards, according to a report. Until now, the unified payments interface (UPI) platform was charging users Rs. 3 as a service fee on mobile recharges. However, it will now reportedly also levy a charge, in addition to the goods and service tax (GST), on utility bil...
-
Uber's Big Change: Auto Service Now Cash-Only - Find Out Why
Uber has shifted its Auto service to a cash-only model, abandoning digital payments to reduce friction between drivers and riders.
-
What Is The New Call Merging Scam And How To Remain Safe
Authorities in India have alerted people about a new scam, which involves fraudsters tricking users into merging calls and unknowingly sharing their One-Time Passwords (OTPs).
-
WhatsApp Reportedly Testing Feature to Allow Users to Make Bill Payments in India
WhatsApp is reportedly working on a new feature for users in India. This feature is expected to allow users to make bill payments directly from within the messaging app. In November 2020, WhatsApp introduced the option to send money using the Unified Payment Interface (UPI) to select users in the country.
-
Finance Minister Proposes ID Cards for Gig Workers, UPI-Linked Credit Cards for Street Vendors
Finance Minister Nirmala Sitharaman announced in her Union Budget 2025 speech that gig workers will receive ID cards and healthcare access via a social security scheme. The government will invest in street vendors and online workers, providing identity cards and e-Shram portal registration. The PM SVANidhi scheme will be revamped with enhanced bank...
-
5 Things to Know About Key Technology-Related Announcements From the Union Budget 2025
Finance Minister Nirmala Sitharaman announced new measures as part of the Union Budget 2025, including expanded broadband for government schools, a boost for local manufacturing of components, and insurance for nearly 1 crore gig workers. Loan limits under the PM Swanidhi scheme will increase, and a new Rs. 30,000 credit card linked to the NPCI's U...
-
NPCI to Decline UPI Transactions That Contain Special Characters in the Transaction ID
The National Payments Corporation of India (NPCI) issued a new notification earlier this month announcing new compliance guidelines. The new rules are aimed at all the members of the Unified Payments Interface (UPI), and state that any transaction identifier (ID) that contains special characters will be declined starting February 1.
-
UPI Transaction IDs With These Characters Will Be Blocked From February 1 - Here's How To Avoid It
UPI Transaction IDs: The circular, dated January 9, advised UPI ecosystem players to generate UPI transaction IDs using only alphanumeric characters to ensure compliance with UPI technical specifications.
-
UPI's Share In India's Digital Payments Surged To 83%: RBI Report
The share of the Unified Payments Interface in India's digital payments has surged from 34 per cent in 2019 to an impressive 83 per cent in 2024, with a remarkable CAGR of 74 per cent over the last five years, according a RBI report.
-
Paratha For Breakfast, UPI Payment: How Cops Caught Saif Ali Khan Attack Suspect
Undone by a paratha. And the digital payments infrastructure. That was how Shariful Islam Shehzad, the man accused of stabbing Saif Ali Khan six times - in a suspected attempted burglary incident - was tracked down and arrested by Mumbai Police.
-
IIT Bhilai Unveils Anti-Fraud Device, Aiming To Secure UPI, E-Commerce, And Banking
Resembling a pen drive, the device acts as a secure dongle, ensuring no online transactions can occur without its connection and a password.
-
EPFO, UPI, GST And Visa: These Things Will Change Starting January 1, 2025
From changes in EPFO withdrawal procedures to UPI limit increase, here's what will be changing starting January 1, 2025.
-
India Delays UPI Payments Market Share Cap in Relief for PhonePe, Google Pay
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).
-
RBI To Allow Small Finance Banks To Extend Credit Lines Through UPI
The Reserve Bank on Friday proposed to allow small finance banks to extend pre-sanctioned credit lines through Unified Payments Interface (UPI).
