Upi Transactions

Swiggy UPI was launched in India on Wednesday. The on-demand food delivery services platform has collaborated with the National Payments Corporation of India (NPCI) to roll out its UPI plug-in solution that aims to improve the payment experience by reducing the number of steps it takes to complete a transaction and making the whole process quicker.

The Reserve Bank of India (RBI) recently announced an increase in limit of Unified Payments Interface (UPI) transactions for tax payments. The decision was made as a part of RBI’s Monetary Policy announcement last week. With this, users can now transact up to Rs. 5,00,000 while settling their tax liabilities. Earlier, this limit was kept at Rs. 1...

The RBI has started onboarding UPI platforms like Google Pay and PhonePe to the advanced trials of the eRupee CBDC. Payment firms are working closely with the RBI and National Payments Corporation of India (NPCI), the domestic payments authority, and are expected to roll out access to e-rupee over the next three-to-four months

WhatsApp is rolling out a new facility to make the commute easier for Metro users in Delhi and NCR. With the rollout of its latest feature, WhatsApp users can now recharge their smart cards issued by the Delhi Metro Rail Corporation (DMRC) via a dedicated chatbot on the instant messaging platform. It also offers other services such as ticket purcha...

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...

About 65 per cent of transactions by consumers in small-town India are now digital, while in larger cities this ratio was around 75 per cent, a new report showed on Tuesday.

Nokia 220 4G and Nokia 235 4G 2024 variants have been launched in India alongside the Nokia 3210. The newly introduced feature phones come with 2.8-inch IPS LCD screens and are said to offer up to 9.8 hours of battery life. The handsets also have support for UPI transactions as well as Cloud Apps. The latter helps users access entertainment, b...

The Reserve Bank of India (RBI) has proposed to introduce auto-replenishment of UPI Lite wallets and bring the online transaction facility under the e-mandate framework.

Digital payment frauds in India saw a 400 percent jump in the year ended March 2024, according to the Reserve Bank of India's (RBI) annual report. Data from the central bank shows that the value of transactions on UPI jumped 137% in the past two years to 200 trillion rupees, while the rise in online transactions is also boosted by cheap access to t...

JioFinance was launched on Thursday in beta form by Jio Financial Services. The newly announced JioFinance platform offers a range of digital banking services, including UPI transactions, bill payments, and insurance advisory in a single app. Future updates will expand loan solutions, beginning with loans on mutual funds and gradually introducin...

Starting June 25, HDFC Bank will stop sending SMS alerts for UPI transactions up to Rs 100. Now SMS notifications will be pushed only for transactions above Rs 100 (for money sent/paid) and above Rs 500 (for money received).

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.

PhonePe launched its Unified Payments Interface (UPI) services in the United Arab Emirates (UAE) for Indian travellers as well as NRIs residing in the country on March 28. This service will now allow PhonePe users to make rapid digital transactions by scanning a QR code at retail stores, dining outlets, and other tourist attractions. The service is...

NEET UG 2024 Registrations: The deadline for successful transaction of fee through Credit/Debit Card/Net-Banking/UPI is 11:50 pm today.

India's troubled Paytm is likely to partner with Axis Bank, HDFC Bank, State Bank of India and Yes Bank for processing transactions via the popular Unified Payments Interface (UPI), two sources aware of the development told Reuters.

Swiggy UPI was launched in India on Wednesday. The on-demand food delivery services platform has collaborated with the National Payments Corporation of India (NPCI) to roll out its UPI plug-in solution that aims to improve the payment experience by reducing the number of steps it takes to complete a transaction and making the whole process quicker.

The Reserve Bank of India (RBI) recently announced an increase in limit of Unified Payments Interface (UPI) transactions for tax payments. The decision was made as a part of RBI’s Monetary Policy announcement last week. With this, users can now transact up to Rs. 5,00,000 while settling their tax liabilities. Earlier, this limit was kept at Rs. 1...

The RBI has started onboarding UPI platforms like Google Pay and PhonePe to the advanced trials of the eRupee CBDC. Payment firms are working closely with the RBI and National Payments Corporation of India (NPCI), the domestic payments authority, and are expected to roll out access to e-rupee over the next three-to-four months

WhatsApp is rolling out a new facility to make the commute easier for Metro users in Delhi and NCR. With the rollout of its latest feature, WhatsApp users can now recharge their smart cards issued by the Delhi Metro Rail Corporation (DMRC) via a dedicated chatbot on the instant messaging platform. It also offers other services such as ticket purcha...

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...

About 65 per cent of transactions by consumers in small-town India are now digital, while in larger cities this ratio was around 75 per cent, a new report showed on Tuesday.

Nokia 220 4G and Nokia 235 4G 2024 variants have been launched in India alongside the Nokia 3210. The newly introduced feature phones come with 2.8-inch IPS LCD screens and are said to offer up to 9.8 hours of battery life. The handsets also have support for UPI transactions as well as Cloud Apps. The latter helps users access entertainment, b...

The Reserve Bank of India (RBI) has proposed to introduce auto-replenishment of UPI Lite wallets and bring the online transaction facility under the e-mandate framework.

Digital payment frauds in India saw a 400 percent jump in the year ended March 2024, according to the Reserve Bank of India's (RBI) annual report. Data from the central bank shows that the value of transactions on UPI jumped 137% in the past two years to 200 trillion rupees, while the rise in online transactions is also boosted by cheap access to t...

JioFinance was launched on Thursday in beta form by Jio Financial Services. The newly announced JioFinance platform offers a range of digital banking services, including UPI transactions, bill payments, and insurance advisory in a single app. Future updates will expand loan solutions, beginning with loans on mutual funds and gradually introducin...

Starting June 25, HDFC Bank will stop sending SMS alerts for UPI transactions up to Rs 100. Now SMS notifications will be pushed only for transactions above Rs 100 (for money sent/paid) and above Rs 500 (for money received).

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.

PhonePe launched its Unified Payments Interface (UPI) services in the United Arab Emirates (UAE) for Indian travellers as well as NRIs residing in the country on March 28. This service will now allow PhonePe users to make rapid digital transactions by scanning a QR code at retail stores, dining outlets, and other tourist attractions. The service is...

NEET UG 2024 Registrations: The deadline for successful transaction of fee through Credit/Debit Card/Net-Banking/UPI is 11:50 pm today.

India's troubled Paytm is likely to partner with Axis Bank, HDFC Bank, State Bank of India and Yes Bank for processing transactions via the popular Unified Payments Interface (UPI), two sources aware of the development told Reuters.