Ap Hota

Transactions done through the Unified Payments Interface (UPI) have seen a massive jump, in what would be a boost to Prime Minister Narendra Modi’s push towards digital payment.

This trio is key to Modi's cashless economy dream

Of the 13-member committee chosen to boost digital payments across country, actions of three men will hold the key to realising effectively Prime Minister Narendra Modi's dream of cashless economy.

Move to cashless society to be driven by feature phones: Hota

NPCI is trying to promote the USSD, or *99# service — which can be accessed without internet connectivity on both feature phones as well as smartphones — more aggressively than the United Payment Interface, which can be accessed only from smartphones with data connectivity.

150 customer complaints received, 90 ATMs compromised: NPCI

Speaking to CNBC-TV8 AP Hota of National Payments Corporation of India said that in September a number of complaints came forth from banks indicating their customer cards were being used in China when they were in India.

Expect UPI to go full steam ahead in 2-3 months: Experts

The fear that banks will lose their relevance once UPI comes into being is a baseless one, feel the experts. The banks will need to create a niche for themselves and develop products like local language use to stay in the game.

Mobile payments to go up thanks to UPI: NPCI

AP Hota, MD of National Payments Corporation of India (NPCI), which launched the product, said 29 banks have opted for UPI. They will be part of the system by June 29.

Financial Inclusion: Are payment banks a game changer?

3rd edition of Financial Inclusion Agenda focused on pace of financial services in banking. Ronojoy Banerjee of CNBC-TV18 discusses it with his panel guests – Arun Tiwari, CMD, Union Bank of India, AP Hota, MD & CEO, NPCI & Abhishek Singh, CEO, Tripura Tribal Area Autonomous Council.

One click for all payments: NPCI to implement UPI

UPI will make it possible to make and receive payments with just a swipe of a button on the phone or a click on the web.

Banks cry foul after RBI slashes debit card fees

In a revolutionary move, the Reserve Bank has stepped in to expand debit card usage. It has cut the transaction fee that shops and merchants pay banks for debit card transactions. Banks and other operators are upset but the central bank remains steadfast.

Visa & MasterCard gone. Rupay card, bring it on

Finally it's here! The much talked about India card which will replace global payment players MasterCard and Visa in India. CNBC-TV18’s Gopika Gopakumar finds out more about the Rupay Cards.