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UPI Will Stop Working On These Mobile Numbers From April 1. Here's Why
UPI services will no longer work on mobile numbers that are inactive or reassigned starting April 1. The National Payments Corporation of India (NPCI) has directed banks and payment service providers (PSPs) to delink such numbers to prevent fraud and
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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 Limit Increased To Rs 5 Lakh For These Payments
The National Payments Corporation of India (NPCI) has increased the limit for Unified Payments Interface (UPI) transactions to Rs 5 lakh for certain types of payments.
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UPI Circle Launched: What Is It, How Does It Work And Other Details
The National Payments Corporation of India (NPCI) has launched a new feature called "UPI Circle", aimed at enhancing digital payment accessibility.
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UPI Circle Feature With Access to Secondary User Payments Rolled Out in India by NPCI
UPI Circle, the latest innovation in Unified Payments Interface (UPI) was rolled out by the National Payments Corporation of India (NPCI) last week. The feature allows UPI users to enable trusted people by letting them have access to their accounts. This way, those even without a UPI account can make transactions with the payment instrument.
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Swiggy UPI Backed by NPCI Launched in India for Faster Payment Experience: Features
Swiggy UPI was launched in India on Wednesday. The on-demand food delivery services platform has collaborated with the National Payments Corporation of India (NPCI) to roll out its UPI plug-in solution that aims to improve the payment experience by reducing the number of steps it takes to complete a transaction and making the whole process quicker.
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Google Pay, PhonePe Other Payment Firms Seek to Join RBI's CBDC Pilot, Said to Offer eRupee Transactions
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
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UPI One World Wallet Services Launched For NRIs, International Travellers by NPCI
UPI One World wallet service has been launched by the National Payments Corporation of India (NPCI) for non-resident Indians (NRIs) and international travellers visiting the country. The service was first announced last year during the G20 summit which India hosted. It will allow travellers who do not have an Indian bank account to access the Unifi...
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Indian Fintech Sector To Reach $420 Billion By 2029: Digital Payments Body
Indian fintech industry is projected to reach $420 billion by 2029, at a cumulative annual growth rate of 31% from around $110 billion this year, Ajay Kumar Choudhary, non-executive chairman, National Payments Corporation of India (NPCI) said today.
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Nokia 3210 With Unisoc T107​ SoC, YouTube, UPI Apps Debuts in India: Price, Specifications
HMD has brought back the Nokia 3210 feature phone in India on Tuesday. The launch marks the 25th anniversary of the original unveiling of the phone. The new Nokia 3210 feature phone comes in three colour options and offers YouTube access. It packs a 1,450mAh battery, a 2-megapixel rear camera, and runs on Unisoc T107. The Nokia 3210 features a pre...
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Paytm Gets Third-Party App Licence From Payments Authority
The National Payments Corporation of India on Thursday said it granted digital payments firm Paytm a third-party application provider license.
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India Moves Forward in Blockchain, AI Research as NPCI and IISc Join Forces
National Payments Corporation of India (NPCI) has joined forces with the Indian Institute of Science (IISc), Bengaluru. The aim is to conduct research around emerging technologies like blockchain and Artificial Intelligence (AI).
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RBI Moves to Ensure UPI Transactions on Paytm Continue to Work After Strictures on Paytm Payments Bank
The Reserve Bank of India (RBI) has requested the National Payments Corporation of India (NPCI) to examine a request from Paytm to become a third-party application provider, in order to allow UPI payments on Paytm to continue working after the central bank's wind down date for Paytm Payments Bank.
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RBI's Measure Over Paytm Request "For Continued UPI Operation"
The Reserve Bank of India said on Friday it has asked the National Payments Corporation of India to examine a request from Paytm, formally known as One 97 Communications, to become a third party application provider (TPAP).
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UPI Services Roll Out in Sri Lanka, Mauritius: Details
India's Unified Payment Interface (UPI) services were on Monday rolled out in Sri Lanka and Mauritius, with Prime Minister Narendra Modi describing it as linking historic ties with modern digital technology.
-
UPI Will Stop Working On These Mobile Numbers From April 1. Here's Why
UPI services will no longer work on mobile numbers that are inactive or reassigned starting April 1. The National Payments Corporation of India (NPCI) has directed banks and payment service providers (PSPs) to delink such numbers to prevent fraud and
-
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 Limit Increased To Rs 5 Lakh For These Payments
The National Payments Corporation of India (NPCI) has increased the limit for Unified Payments Interface (UPI) transactions to Rs 5 lakh for certain types of payments.
-
UPI Circle Launched: What Is It, How Does It Work And Other Details
The National Payments Corporation of India (NPCI) has launched a new feature called "UPI Circle", aimed at enhancing digital payment accessibility.
-
UPI Circle Feature With Access to Secondary User Payments Rolled Out in India by NPCI
UPI Circle, the latest innovation in Unified Payments Interface (UPI) was rolled out by the National Payments Corporation of India (NPCI) last week. The feature allows UPI users to enable trusted people by letting them have access to their accounts. This way, those even without a UPI account can make transactions with the payment instrument.
-
Swiggy UPI Backed by NPCI Launched in India for Faster Payment Experience: Features
Swiggy UPI was launched in India on Wednesday. The on-demand food delivery services platform has collaborated with the National Payments Corporation of India (NPCI) to roll out its UPI plug-in solution that aims to improve the payment experience by reducing the number of steps it takes to complete a transaction and making the whole process quicker.
-
Google Pay, PhonePe Other Payment Firms Seek to Join RBI's CBDC Pilot, Said to Offer eRupee Transactions
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
-
UPI One World Wallet Services Launched For NRIs, International Travellers by NPCI
UPI One World wallet service has been launched by the National Payments Corporation of India (NPCI) for non-resident Indians (NRIs) and international travellers visiting the country. The service was first announced last year during the G20 summit which India hosted. It will allow travellers who do not have an Indian bank account to access the Unifi...
-
Indian Fintech Sector To Reach $420 Billion By 2029: Digital Payments Body
Indian fintech industry is projected to reach $420 billion by 2029, at a cumulative annual growth rate of 31% from around $110 billion this year, Ajay Kumar Choudhary, non-executive chairman, National Payments Corporation of India (NPCI) said today.
-
Nokia 3210 With Unisoc T107​ SoC, YouTube, UPI Apps Debuts in India: Price, Specifications
HMD has brought back the Nokia 3210 feature phone in India on Tuesday. The launch marks the 25th anniversary of the original unveiling of the phone. The new Nokia 3210 feature phone comes in three colour options and offers YouTube access. It packs a 1,450mAh battery, a 2-megapixel rear camera, and runs on Unisoc T107. The Nokia 3210 features a pre...
-
Paytm Gets Third-Party App Licence From Payments Authority
The National Payments Corporation of India on Thursday said it granted digital payments firm Paytm a third-party application provider license.
-
India Moves Forward in Blockchain, AI Research as NPCI and IISc Join Forces
National Payments Corporation of India (NPCI) has joined forces with the Indian Institute of Science (IISc), Bengaluru. The aim is to conduct research around emerging technologies like blockchain and Artificial Intelligence (AI).
-
RBI Moves to Ensure UPI Transactions on Paytm Continue to Work After Strictures on Paytm Payments Bank
The Reserve Bank of India (RBI) has requested the National Payments Corporation of India (NPCI) to examine a request from Paytm to become a third-party application provider, in order to allow UPI payments on Paytm to continue working after the central bank's wind down date for Paytm Payments Bank.
-
RBI's Measure Over Paytm Request "For Continued UPI Operation"
The Reserve Bank of India said on Friday it has asked the National Payments Corporation of India to examine a request from Paytm, formally known as One 97 Communications, to become a third party application provider (TPAP).
-
UPI Services Roll Out in Sri Lanka, Mauritius: Details
India's Unified Payment Interface (UPI) services were on Monday rolled out in Sri Lanka and Mauritius, with Prime Minister Narendra Modi describing it as linking historic ties with modern digital technology.
