Upi Payments

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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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  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).

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  Paytm Users Can Now Make UPI Payments In UAE, France And These Countries

  One97 Communications Limited (OCL) that owns the brand Paytm, has enabled its users to make UPI payments at various international locations.

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  Paytm UPI Statement Download Feature Introduced to Help Users Track Transactions

  Paytm, the digital payments company, introduced a new unified payments interface (UPI) feature on Wednesday. The new feature, dubbed UPI statement download, allows users to get a detailed statement of their transaction history for the desired period. The service is available to all users without any cost. The company highlighted that the feature wi...

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  UPI Sets New Record With 16.5 Billion Transactions Worth Rs 23 Lakh Crore In October

  The Unified Payments Interface (UPI)-based digital transactions continued to surge and in the month of October, the country saw 16.58 billion transactions worth Rs 23.5 lakh crore, the highest numbers since the UPI became operational in April 2016.