Nov 16, 2021 05:12 PM IST
The COO says NPCI is constantly evaluating its readiness to handle growing transactions. Rai tells Moneycontrol that NPCI is in discussions with UPI app players to maintain the 30 percent market cap guidelines.
- Nov 02, 2021 01:57 PM IST
PhonePe SafeCard will allow the company’s merchant partners to create, process, delete and modify tokens for online card payments and use tokenisation on their own platforms via APIs.
- Sep 28, 2021 04:35 PM IST
To avail this solution, customers can log on to BHIM YES PAY app, register themselves and apply for RuPay On-the-Go.
- Sep 23, 2021 06:08 PM IST
The card will offer 13X reward points on every Rs 100 spent on fuel purchases at BPCL petrol pumps and a 1 per cent fuel surcharge waiver on every transaction up to Rs 4,000, translating to 4.25 per cent value back.
- Mar 09, 2021 05:33 PM IST
With this PoS application, a merchant will be able to accept payments through a debit or credit card just like a normal EDC machine - by tapping the card on the back of their smartphones.
- Jan 27, 2021 08:40 PM IST
Pine Labs has built an app which converts a smartphone into a PoS terminal, and adheres to safety and security standards laid down by PCI and will be able to accept all forms of major debit and credit cards from today.
- Dec 30, 2020 12:11 PM IST
While almost every payment mode suffered a fall during April and started picking up in the second half of the year, exception was RuPay cards for PoS transactions at offline merchants, which are still below pre-Covid numbers and UPI on the other end which grew strongly over the last few months.
- Jul 30, 2020 10:44 AM IST
The NPCI said in a statement to Reuters it is regularly audited in the interests of security and senior management reviews all findings, which are then "remediated to (the) satisfaction of the auditors". This includes the findings cited by Reuters, it said.
- Jul 23, 2020 03:27 PM IST
It has partnered with State Bank of Mauritius and fintech players Yap and EnKash to launch the card.
- May 24, 2020 04:44 PM IST
Oxxy Healthcare said it is a "great step towards 'Aatmanirbhar India' with zero foreign funding. It has been done to give a safety net to Indian lives".
- Jan 07, 2020 09:15 AM IST
No income from transactions could make businesses unviable for key stakeholders, which could lead to investors shying away.
- Jan 06, 2020 04:58 PM IST
With banks forced to bear processing charges on RuPay cards, they were more likely to issue Mastercard and Visa cards
- Jan 03, 2020 04:17 PM IST
Non-complaint businesses would face a daily penalty of Rs 5,000.
- Jan 02, 2020 07:11 PM IST
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.
- Oct 30, 2019 08:22 AM IST
The RuPay card is a first-of-its-kind Indian domestic Debit and Credit Card payment network, with acceptance at ATMs, POS devices and e-commerce websites. It was launched in 2012 to fulfil the Reserve Bank of India's vision to have a domestic, open and multilateral system of payments.
- Sep 26, 2019 05:32 PM IST
This partnership offers RuPay's nearly 600 million users an instant 20 percent discount when they use their debit or credit cards to buy on Snapdeal in the coming festive season.
- Nov 02, 2018 10:27 AM IST
Modi has publicly endorsed the indigenous card payment network, saying using RuPay was like serving the country as its transaction fee stays within India and could help build roads, schools and hospitals.
- Apr 10, 2017 07:35 AM IST
President Pranab Mukherjee picked up the lucky winners from the 100th draw of lots under digital payments promotion schemes at Rashtrapati Bhavan here.
- Feb 21, 2017 03:36 PM IST
"There has been over 17 million downloads of the BHIM app so far," Kant said at a press meet.
- Feb 08, 2017 03:34 PM IST
"While banks have taken steps to strengthen their defences, the diverse and ingenious nature of recent cyber-attacks necessitates an ongoing review of the cyber security landscape and emerging threats. Towards this end, an inter-disciplinary Standing Committee on cyber security is being constituted," RBI said in a statement.
- Jan 31, 2017 01:09 PM IST
From announcing a BPO promotion scheme for the North East to conversion of three core Kisan Credit cards to Rupay cards, President Mukherjee highlighted key schemes to promote digital transactions and entrepreneurship in India.
- Jan 20, 2017 07:30 PM IST
In a bid to promote Aadhaar-based
payment system, especially in rural pockets, UIDAI has
favoured "incentives" for shopkeepers using the biometric mode
for digital transactions, in line with commission given by
banks to Business Correspondents.
- Jan 06, 2017 01:07 PM IST
The number of accounts stood at 262 million compared to 198.3 million on a year-on-year basis. The biggest gain was seen post demonetisation.
- Jan 01, 2017 06:36 PM IST
In a bid to strengthen capital base of public sector banks (PSBs), the government has allowed 12 lenders to raise nearly Rs 3,000 crore via preferential shares over and above the Rs 22,915 crore capital support committed to them in July last year.
- Dec 28, 2016 08:00 PM IST
Over one crore rural citizens have
enrolled for digital payments under the 'Digi Dhan Abhiyan'
programme within 20 days of the start of the digital financial
literacy campaign, surpassing initial targets, IT Minister
Ravi Shankar Prasad said today.