Upi Payments

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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.

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  The Benefits Of Using UPI Wallets For Hassle-Free Transactions

  The Unified Payments Interface (UPI) has transformed how people handle payments in India. It has made digital transactions as easy as tapping your smartphone.

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  Role Of UPI In Enhancing Transparency In Financial Transactions

  UPI has revolutionized the way we transact, making it faster, more convenient, and, most importantly, more transparent.

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  How UPI Is Enabling A Cashless Economy

  For a cashless economy to thrive, transactions must be affordable. Unlike credit card transactions that incur fees for merchants, UPI payments are either free or have minimal charges, making them much more accessible to small and medium-sized busines

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  Paytm Gets Approval from NPCI to Enroll New UPI Users

  Paytm has said that it has received approval from the country's payments authority to onboard new unified payment interface (UPI) users. The NPCI's approval comes after Paytm submitted a request earlier in August this year.

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  Paytm Gets Approval From Payments Authority To Enroll New UPI Users

  The Paytm said late on Tuesday it received approval from the country's payments authority to onboard new unified payment interface (UPI) users, providing some relief for financial services firm after a central bank-ordered ban on its banking unit.

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  Maldives President Mohamed Muizzu To Introduce UPI In Maldives

  The President of Maldives, Mohamed Muizzu, decided to take the necessary steps to introduce the Unified Payment Interface (UPI) in the island nation, following the recommendation of the Cabinet on Sunday.