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Government to Delay Digital Payments Market Share Cap, Helping Walmart-Backed PhonePe, Google Pay
India will again delay caps on market share for a popular digital payments method, two sources told Reuters, benefiting Google Pay and Walmart-backed PhonePe as the authorities prioritise growth over concerns about market concentration.
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India To Delay UPI Payments Market Cap, Will Help PhonePe, Google Pay: Report
India will again delay caps on market share for a popular digital payments method, two sources told Reuters, benefiting Google Pay and Walmart-backed PhonePe as the authorities prioritise growth over concerns about market concentration.
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Google Pay, NPCI Sign MoU to Expand UPI Globally, Aim to Ease Digital Payments Abroad
Google Pay and National Payments Corporation of India (NPCI) will work together to expand Unified Payments Interface (UPI), the instant payments system widely used in the country, to international markets, Google and NPCI confirmed Wednesday. A Memorandum of Understanding (MoU) has been signed between Google Pay India and NPCI subsidiary, NPCI Inte...
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France Has Agreed to Use UPI for Payments in Rupees, Says PM Modi
Prime Minister Narendra Modi on Thursday said that India and France have agreed to use Unified Payments Interface (UPI) in this European nation, opening a huge new market for Indian innovation. Addressing the Indian community at the La Seine Musicale, a performing arts centre on an island in river Seine, Modi said very soon Indian tourists will be ...
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Google to Allow UK Developers to Offer Google Play Billing Alternatives to Satisfy Regulator's Concerns
Google has made proposals to give app developers in the UK the freedom to break away from Google Play's billing system as the search giant looks to satisfy regulator concerns over in-app billing systems. The company will either let app developers offer a different payment system or give users a choice between an alternative payment system and Googl...
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RBI To Allow UPI Linking With Pre-Approved Credit Lines From Banks
The Reserve Bank of India (RBI) is proposing expanding the reach of the popular Unified Payments Interface (UPI) digital payments system by allowing credit to be offered via pre-approved bank lines.
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Paytm, PhonePe Clarify UPI Transactions Still Free For All Customers
Paytm has issued a clarification regarding UPI-related fees after the National Payments Corporation of India (NPCI) notified that merchant transactions of over Rs 2,000 done through the Unified Payments Interface will attract up to a 1.1% interchange fee.
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No Charge On Normal UPI Payment For Customers: Payments Body NPCI
NPCI (National Payments Corporation of India) today said there is no charge for the bank account to bank account-based UPI payments or normal UPI payments
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UPI Transactions Over Rs 2,000 To Attract 1.1% Fee, But Customer Won't Pay
The National Payments Corporation of India (NPCI) has notified that an interchange fee of up to 1.1 per cent will be applicable on merchant UPI transactions from April 1.
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Bill Gates Praises India's Digital Payment System; Says This Will Be Cheapest 5G Market
India's sprawling digital public infrastructure received a glowing endorsement from billionaire philanthropist Bill Gates on Wednesday as he praised the country's "great" digital network, reliable and low-cost connectivity, and said this will be the cheapest 5G market. India can be "such an example" for other countries, he said.
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Travellers From G20 Countries Can Use UPI Facility At 3 Airports: RBI
The RBI on Tuesday said travellers from G-20 countries arriving at Bengaluru, Mumbai and New Delhi international airports can get Prepaid Payment Instruments wallets linked to UPI for making payments to over five crore merchant outlets across India.
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Travellers From G20 Nations Can Use UPI In India: RBI
The Reserve Bank on Friday issued instructions permitting travellers from G20 nations to use the mobile-based Unified Payments Interface (UPI) to make payments while in India.
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Now, Travellers From These Countries Can Make UPI Payments In India
Visitors to India will have access to UPI or Unified Payments Interface (UPI) to shop in the country, Reserve Bank of India (RBI) chief Shaktikanta Das announced today.
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RBI To Add Feature In UPI Platform To Help Customers In E-Commerce Purchases
Through the 'single-block-and-multiple debits' feature on the Unified Payment Interface (UPI) platform, customers will have more trust while carrying out such transactions.
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Deadline Extended For 30% Cap On UPI Transactions By Payments Firms
The move comes as a breather to companies like Walmart Inc's PhonePe and Alphabet Inc's Google, which are among the leading digital money transfer apps in the country.
-
Government to Delay Digital Payments Market Share Cap, Helping Walmart-Backed PhonePe, Google Pay
India will again delay caps on market share for a popular digital payments method, two sources told Reuters, benefiting Google Pay and Walmart-backed PhonePe as the authorities prioritise growth over concerns about market concentration.
-
India To Delay UPI Payments Market Cap, Will Help PhonePe, Google Pay: Report
India will again delay caps on market share for a popular digital payments method, two sources told Reuters, benefiting Google Pay and Walmart-backed PhonePe as the authorities prioritise growth over concerns about market concentration.
-
Google Pay, NPCI Sign MoU to Expand UPI Globally, Aim to Ease Digital Payments Abroad
Google Pay and National Payments Corporation of India (NPCI) will work together to expand Unified Payments Interface (UPI), the instant payments system widely used in the country, to international markets, Google and NPCI confirmed Wednesday. A Memorandum of Understanding (MoU) has been signed between Google Pay India and NPCI subsidiary, NPCI Inte...
-
France Has Agreed to Use UPI for Payments in Rupees, Says PM Modi
Prime Minister Narendra Modi on Thursday said that India and France have agreed to use Unified Payments Interface (UPI) in this European nation, opening a huge new market for Indian innovation. Addressing the Indian community at the La Seine Musicale, a performing arts centre on an island in river Seine, Modi said very soon Indian tourists will be ...
-
Google to Allow UK Developers to Offer Google Play Billing Alternatives to Satisfy Regulator's Concerns
Google has made proposals to give app developers in the UK the freedom to break away from Google Play's billing system as the search giant looks to satisfy regulator concerns over in-app billing systems. The company will either let app developers offer a different payment system or give users a choice between an alternative payment system and Googl...
-
RBI To Allow UPI Linking With Pre-Approved Credit Lines From Banks
The Reserve Bank of India (RBI) is proposing expanding the reach of the popular Unified Payments Interface (UPI) digital payments system by allowing credit to be offered via pre-approved bank lines.
-
Paytm, PhonePe Clarify UPI Transactions Still Free For All Customers
Paytm has issued a clarification regarding UPI-related fees after the National Payments Corporation of India (NPCI) notified that merchant transactions of over Rs 2,000 done through the Unified Payments Interface will attract up to a 1.1% interchange fee.
-
No Charge On Normal UPI Payment For Customers: Payments Body NPCI
NPCI (National Payments Corporation of India) today said there is no charge for the bank account to bank account-based UPI payments or normal UPI payments
-
UPI Transactions Over Rs 2,000 To Attract 1.1% Fee, But Customer Won't Pay
The National Payments Corporation of India (NPCI) has notified that an interchange fee of up to 1.1 per cent will be applicable on merchant UPI transactions from April 1.
-
Bill Gates Praises India's Digital Payment System; Says This Will Be Cheapest 5G Market
India's sprawling digital public infrastructure received a glowing endorsement from billionaire philanthropist Bill Gates on Wednesday as he praised the country's "great" digital network, reliable and low-cost connectivity, and said this will be the cheapest 5G market. India can be "such an example" for other countries, he said.
-
Travellers From G20 Countries Can Use UPI Facility At 3 Airports: RBI
The RBI on Tuesday said travellers from G-20 countries arriving at Bengaluru, Mumbai and New Delhi international airports can get Prepaid Payment Instruments wallets linked to UPI for making payments to over five crore merchant outlets across India.
-
Travellers From G20 Nations Can Use UPI In India: RBI
The Reserve Bank on Friday issued instructions permitting travellers from G20 nations to use the mobile-based Unified Payments Interface (UPI) to make payments while in India.
-
Now, Travellers From These Countries Can Make UPI Payments In India
Visitors to India will have access to UPI or Unified Payments Interface (UPI) to shop in the country, Reserve Bank of India (RBI) chief Shaktikanta Das announced today.
-
RBI To Add Feature In UPI Platform To Help Customers In E-Commerce Purchases
Through the 'single-block-and-multiple debits' feature on the Unified Payment Interface (UPI) platform, customers will have more trust while carrying out such transactions.
-
Deadline Extended For 30% Cap On UPI Transactions By Payments Firms
The move comes as a breather to companies like Walmart Inc's PhonePe and Alphabet Inc's Google, which are among the leading digital money transfer apps in the country.
