Ncpi

The feature has entered the trial phase, with BigBasket becoming the first platform to support this integration.

FM Nirmala Sitharaman reviews UPI ecosystem, sets goal of 1 billion daily transactions

The meeting focused on strengthening UPI's resilience, scalability, and real-time monitoring to maintain uninterrupted services and build user confidence

Pine Labs CEO Amrish Rau: India's digital payment infrastructure a 'Gift,' but regulatory challenges' loom

Rau praised the National Payments Corporation of India (NPCI) and other government initiatives for creating a robust digital payments ecosystem, but expressed concerns about whether this support will be sufficient as the sector grows

UPI breaks record with 14.04 billion transactions in May, sees 49% year-on-year growth

In May, the average daily transaction amount was Rs 65,966 crore, with an average daily transaction count of 453 million, reflecting a 49% year-on-year growth.

HDFC Bank goes live with UPI in secondary market platform

The move follows markets regulator Sebi allowing the facility through the UPI app developed by the National Payment Corporation of India (NCPI).

Paytm Payments Bank may see topline boost from interoperability rule: Morgan Stanley

Brokerage firm Morgan Stanley said the new guidelines from NCPI could generate additional revenue and potentially result in higher charges for wallet loading for Paytm Payments Bank.

Value of UPI transactions drops marginally in November; volume remains the same

The rise in the October transaction values was fuelled by festive rush and volume spending.

UPI transactions up over 3% at 678 crores in September

In value terms, 6.78 billion (678 crore) transactions in last month corresponds to transactions worth Rs 11.16 lakh crore, up from Rs 10.73 lakh crore in August, as per the National Payments Corporation of India (NPCI) data.

Tata IPL 2022: BCCI announces RuPay as official partner

The cricket battle between 10 franchises of IPL 2022 is set to begin on March 26, 2022.

Your UPI transactions in gaming apps may soon be blocked: Report

The NPCI has seen a massive spike in low-ticket transactions as low as Re 1 processed by gaming apps.

Banks to conduct special clearing operations for closure of govt accounts on March 31: RBI

The Reserve Bank has issued directions to the banks for smooth clearing operation and asked them to mandatorily participate in it.

RBI announces panel to evaluate applications for Universal Banks, Small Finance Banks

RBI stated that an SEAC comprising eminent persons with experience in banking, financial sector and other relevant areas, will evaluate the applications.

NPCI ties up with SBI Payments to launch ‘RuPay SoftPoS’ solution

NPCI claims that the new app would revolutionise the way micro and small merchants receive payments.

PhonePe beats Google Pay as top UPI app in December with transactions worth Rs 1.82 lakh crore

PhonePe and Google Pay dominate the UPI market in India, and, in December accounted for 78 percent of transaction volumes and 86 percent of transaction value.

WhatsApp New Feature: WhatsApp Pay may roll out soon in India: Report

The messaging app is now offering its payments service on a trial basis to a limited number of users.

How the UPI AutoPay feature can help you manage all recurring payments

With this feature, consumers can set up auto debit instructions on their UPI mobile applications from their linked bank account

Google Pay says it works with banks to allow payments via UPI, transactions fully protected

The clarification came after a buzz on social media that issues arising while transferring money through Google Pay are not protected by law as the app is unauthorised.

RuPay International to give cashbacks upto Rs 16,000 on transactions outside India

According to a release, those using the RuPay International Cards can avail a maximum of Rs 4,000 per transaction, while the minimum transaction value needed to avail the cashback is at Rs 1,000.

RuPay Discover Global Card reaches 25 million milestone

NPCI had entered into an alliance with Discover Financial Services (DFS) to increase the acceptance of RuPay worldwide.

NPCI's BHIM App crosses 16 million download mark

"Transactions via BHIM App is witnessing growth with each passing month since its launch on December 30, 2016. Download numbers breaching 16 million mark is a remarkable achievement towards digital transactions and creating a less-cash society," A P Hota, MD and CEO of NPCI, said today.

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.

Sigh of relief! Now insurance cover online transactions

National Payments Corporation of India (NCPI) has taken an initiative to curb the rising online frauds. In consortium with general insurance companies, NCPI will provide insurance cover to protect victims of such cyber crimes.