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eRupee CBDC Has Amassed 5 Million Users in Retail Pilot, Set for More Programmability: RBI Governor
RBI Governor Shaktikanta Das claimed on Monday that in its pilot stage, the eRupee had managed to amass five million users. Das was speaking at a conference in Bengaluru.
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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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India To Create A Cross-Border Retail Payment Platform With 4 ASEAN Countries
Nexus, conceptualised by the Innovation Hub of the Bank for International Settlements (BIS), aims to connect India's UPI with the fast payment systems of ASEAN members.
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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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India, Ghana Agree To Operationalise UPI Link Within 6 Months
India and Ghana have agreed to operationalise Unified Payment Interface (UPI) with Ghana Interbank Payment and Settlement Systems within six months in order to enable instant fund transfers for users in both countries, the Commerce Ministry said.
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Paytm Bags NPCI Approval for User Migration to New Payment System Provider Banks
One 97 Communications Limited (OCL), which owns the brand Paytm, has received the nod from NPCI to start the user migration to new Payment System Provider (PSP) bank handles, the company informed the stock exchanges in a filing on Wednesday.
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PM Modi Wants To Expand UPI Services To US To Help Students, Tourists
Prime Minister Narendra Modi made a case for the country's digital payments system to reach the US, saying it would benefit the large Indian diaspora, tourists, and students, according to an interview he gave to Newsweek.
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RBI's Next Big Plan - Cash Deposit In Banks Via UPI. What It Means
In a major decision, the Reserve Bank said today that it will soon facilitate cash deposit facility in banks through use of the popular UPI, an instant real-time payment system for inter-bank transactions through mobile phones.
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Government Releases List Of Countries Where UPI Payments Are Accepted
UPI is an instant real-time payment system to facilitate inter-bank transactions through mobile phones.
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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.
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Google To Globalise UPI, Help Establish Similar Payment Systems Abroad
Alphabet Inc.'s Google Pay will work with India's mobile-based payments system that generates billions of transaction every month to expand the services beyond the South Asian nation.
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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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Made Payment To Wrong UPI Address? Here's How To Reverse It
The Unified Payments Interface (UPI), an instant payment system developed in India by the National Payments Corporation of India (NPCI).
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Paytm Disbursed Over Rs. 5,500 Crore in Loans; While UPI Crosses 10 Billion Transactions in August
Fintech major Paytm on Tuesday said it disbursed $667 million (Rs. 5,517 crore) loans through its platform and deployed 87 lakh devices for offline payments in August. Meanwhile, Unified Payments Interface (UPI) transactions crossed 10 billion mark in August, the National Payments Corporation of India (NPCI) said.
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SBI Introduces UPI Interoperability With eRupee CBDC for Seamless Transactions
The State Bank of India (SBI) announced it has implemented Unified Payments Interface (UPI) interoperability in Digital Rupee, also called as Central Bank Digital Currency (CBDC).
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eRupee CBDC Has Amassed 5 Million Users in Retail Pilot, Set for More Programmability: RBI Governor
RBI Governor Shaktikanta Das claimed on Monday that in its pilot stage, the eRupee had managed to amass five million users. Das was speaking at a conference in Bengaluru.
-
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...
-
India To Create A Cross-Border Retail Payment Platform With 4 ASEAN Countries
Nexus, conceptualised by the Innovation Hub of the Bank for International Settlements (BIS), aims to connect India's UPI with the fast payment systems of ASEAN members.
-
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...
-
India, Ghana Agree To Operationalise UPI Link Within 6 Months
India and Ghana have agreed to operationalise Unified Payment Interface (UPI) with Ghana Interbank Payment and Settlement Systems within six months in order to enable instant fund transfers for users in both countries, the Commerce Ministry said.
-
Paytm Bags NPCI Approval for User Migration to New Payment System Provider Banks
One 97 Communications Limited (OCL), which owns the brand Paytm, has received the nod from NPCI to start the user migration to new Payment System Provider (PSP) bank handles, the company informed the stock exchanges in a filing on Wednesday.
-
PM Modi Wants To Expand UPI Services To US To Help Students, Tourists
Prime Minister Narendra Modi made a case for the country's digital payments system to reach the US, saying it would benefit the large Indian diaspora, tourists, and students, according to an interview he gave to Newsweek.
-
RBI's Next Big Plan - Cash Deposit In Banks Via UPI. What It Means
In a major decision, the Reserve Bank said today that it will soon facilitate cash deposit facility in banks through use of the popular UPI, an instant real-time payment system for inter-bank transactions through mobile phones.
-
Government Releases List Of Countries Where UPI Payments Are Accepted
UPI is an instant real-time payment system to facilitate inter-bank transactions through mobile phones.
-
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.
-
Google To Globalise UPI, Help Establish Similar Payment Systems Abroad
Alphabet Inc.'s Google Pay will work with India's mobile-based payments system that generates billions of transaction every month to expand the services beyond the South Asian nation.
-
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...
-
Made Payment To Wrong UPI Address? Here's How To Reverse It
The Unified Payments Interface (UPI), an instant payment system developed in India by the National Payments Corporation of India (NPCI).
-
Paytm Disbursed Over Rs. 5,500 Crore in Loans; While UPI Crosses 10 Billion Transactions in August
Fintech major Paytm on Tuesday said it disbursed $667 million (Rs. 5,517 crore) loans through its platform and deployed 87 lakh devices for offline payments in August. Meanwhile, Unified Payments Interface (UPI) transactions crossed 10 billion mark in August, the National Payments Corporation of India (NPCI) said.
-
SBI Introduces UPI Interoperability With eRupee CBDC for Seamless Transactions
The State Bank of India (SBI) announced it has implemented Unified Payments Interface (UPI) interoperability in Digital Rupee, also called as Central Bank Digital Currency (CBDC).
