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Digital Frauds, Including In UPI, Have Doubled: Home Ministry To Parliament
Digital frauds including in UPI payments have doubled in the last one year, exposing the growing vulnerability of the country's digital payment ecosystem.
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From June, You Can Use UPI, ATM For Provident Fund Withdrawals: Top Official
In a groundbreaking development for India's workforce, the Employees' Provident Fund Organisation (EPFO) is set to introduce a revolutionary new system for Provident Fund (PF) withdrawals through Unified Payments Interface (UPI).
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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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"UPI, Delivery Apps": American Woman Living In India Lists 10 Things She Wishes US Had
Ms Fischer has discovered several innovative features that she believes would greatly benefit her home country.
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Mumbai Airport Enhances Multi-Level Parking With UPI And FASTag-Based Cashless Payments
This advanced mode of payment aims to improve traffic flow, reduce wait times, and allow travellers to park their vehicles with ease.
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6 Major Changes Starting March 1, 2025 That Will Impact You Financially
Starting March 1, 2025, several key changes will impact personal finances, including updates to SEBI nomination rules, LPG cylinder prices, FD interest rates, UPI payment rules, tax adjustments, and GST security enhancements.
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WhatsApp Reportedly Developing UPI Lite Functionality for Quick Low-Value Transactions
WhatsApp may be developing a UPI Lite functionality for users, according to a report. It is speculated to simplify the payment process by enabling them to carry out transactions without entering the PIN. Similar to other platforms, WhatsApp’s in-development feature was spotted following an APK teardown of a beta version of the app and it may work...
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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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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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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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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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Digital Frauds, Including In UPI, Have Doubled: Home Ministry To Parliament
Digital frauds including in UPI payments have doubled in the last one year, exposing the growing vulnerability of the country's digital payment ecosystem.
-
From June, You Can Use UPI, ATM For Provident Fund Withdrawals: Top Official
In a groundbreaking development for India's workforce, the Employees' Provident Fund Organisation (EPFO) is set to introduce a revolutionary new system for Provident Fund (PF) withdrawals through Unified Payments Interface (UPI).
-
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
-
"UPI, Delivery Apps": American Woman Living In India Lists 10 Things She Wishes US Had
Ms Fischer has discovered several innovative features that she believes would greatly benefit her home country.
-
Mumbai Airport Enhances Multi-Level Parking With UPI And FASTag-Based Cashless Payments
This advanced mode of payment aims to improve traffic flow, reduce wait times, and allow travellers to park their vehicles with ease.
-
6 Major Changes Starting March 1, 2025 That Will Impact You Financially
Starting March 1, 2025, several key changes will impact personal finances, including updates to SEBI nomination rules, LPG cylinder prices, FD interest rates, UPI payment rules, tax adjustments, and GST security enhancements.
-
WhatsApp Reportedly Developing UPI Lite Functionality for Quick Low-Value Transactions
WhatsApp may be developing a UPI Lite functionality for users, according to a report. It is speculated to simplify the payment process by enabling them to carry out transactions without entering the PIN. Similar to other platforms, WhatsApp’s in-development feature was spotted following an APK teardown of a beta version of the app and it may work...
-
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.
-
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.
-
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.
-
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).
