Moneycontrol PRO
you are here: HomeNewsUpi
Jump to
  • Delhi High Court refuses to stay investigation against Ashneer Grover June 01, 2023 01:27 PM IST

    Delhi High Court refuses to stay investigation against Ashneer Grover

    In May 2023, Economic Offences Wing (EOW) filed a first information report against the BharatPe's embattled co-founder & former managing director Ashneer Grover, his wife Madhuri Grover and two other family members

  • BOB Financial opens up its entire RuPay Credit Card base for linking on UPI May 31, 2023 05:41 PM IST

    BOB Financial opens up its entire RuPay Credit Card base for linking on UPI

    BFSL is a wholly owned subsidiary of Bank of Baroda, and National Payments Corporation of India (NPCI).

  • Cred’s share of credit card payments shrinks, takes shine off premium offering May 31, 2023 08:06 PM IST

    Cred’s share of credit card payments shrinks, takes shine off premium offering

    Over the past 16 months, most of Cred’s growth has come from UPI transactions rather than deeper engagements by its top credit card customers.

  • Account Aggregator model is cross-sectoral, can be used beyond finance: Nandan Nilekani May 24, 2023 03:47 PM IST

    Account Aggregator model is cross-sectoral, can be used beyond finance: Nandan Nilekani

    Nilekani also said that the AA framework is incentivising people to join the system, boosting the growth of a formal economy.

  • Online transaction to get added push post withdrawal of Rs 2,000 notes from circulation, say experts May 22, 2023 02:59 PM IST

    Online transaction to get added push post withdrawal of Rs 2,000 notes from circulation, say experts

    Last week, the RBI has decided to withdraw Rs 2000 banknote from circulation in pursuance of the “Clean Note Policy”, and it advised bank to stop issuing these notes with immediate effect.

  • Zomato rolls out its own UPI offerings with ICICI Bank May 16, 2023 03:04 PM IST

    Zomato rolls out its own UPI offerings with ICICI Bank

    The Gurugram-based company said users can now complete orders on the same page using Zomato UPI, without being required to open a separate app to complete payments.

  • Role of regulation is very important in digital lending, says Amazon Pay India Whole-time Director May 15, 2023 01:17 PM IST

    Role of regulation is very important in digital lending, says Amazon Pay India Whole-time Director

    Vikas Bansal feels RBI's objective is very clear — to promote transparent and fair practices, and educate and protect customers. According to him, once the industry adjusts to the new standards that RBI has laid out, it will continue to grow.

  • LIVE: Paytm Q4 results | Management commentary & outlook | Earnings express May 09, 2023 04:30 PM IST

    LIVE: Paytm Q4 results | Management commentary & outlook | Earnings express

    Paytm narrowed its consolidated net loss in Q4 with an increase in gross merchandise value and higher merchant subscription revenues. Watch the management explain the company's quarterly performance and roadmap ahead only on Moneycontrol.

  • This Mumbai-based engineer develops QR code for stray dogs: How will this help? May 08, 2023 07:50 PM IST

    This Mumbai-based engineer develops QR code for stray dogs: How will this help?

    A Mumbai-based engineer has developed a QR code for stray dogs, which will contain all the necessary details of the dog. This will help create a data for stray dogs across India. But how does this product really work? Can people find lost dogs with the help of this product? Watch this video to know more.

  • Internet users in India set to reach 900 million by 2025: Report May 03, 2023 08:43 PM IST

    Internet users in India set to reach 900 million by 2025: Report

    The Internet in India Report 2022 showed that of the 759 million active users, 360 million belong to urban india and 399 million to rural India.

  • Credit card platform Kiwi launches 'credit on UPI' service May 04, 2023 03:29 PM IST

    Credit card platform Kiwi launches 'credit on UPI' service

    In March, the National Payments Corporation of India (NPCI) recorded a significant surge in Peer-to-Merchant (P2M) transactions made through the UPI platform

  • PhonePe launches UPI Lite for smaller payments, two months after Paytm May 03, 2023 01:20 PM IST

    PhonePe launches UPI Lite for smaller payments, two months after Paytm

    Users can instantly activate the UPI feature on their PhonePe app through a simple process that does not involve any KYC (know your customer) authentication and also create a UPI Lite account

  • NPCI International teams up with digital payments infra provider PPRO April 27, 2023 11:28 AM IST

    NPCI International teams up with digital payments infra provider PPRO

    The partnership between NIPL and PPRO will empower the global PSPs, Banks, payment gateways, with payment platforms to expand globally giving international e-commerce merchants access to Indian consumers.

  • Redefine microfinance intermediaries' role to survive competition from fintech April 24, 2023 01:53 PM IST

    Redefine microfinance intermediaries' role to survive competition from fintech

    Their high-touch model may be useful in increasing the penetration of complex financial products like insurance, pension and mutual funds that apps cannot do

  • MC Exclusive: RBI, NPCI in early talks with Sri Lanka, Thailand and others for UPI enhancement April 18, 2023 12:54 PM IST

    MC Exclusive: RBI, NPCI in early talks with Sri Lanka, Thailand and others for UPI enhancement

    Linking UPI with other countries’ payments mechanisms will help users make payments faster and lower the cost of fund transfers

  • MC Explains| What is pre-sanctioned credit line through UPI, how will it work and other questions answered April 07, 2023 02:54 PM IST

    MC Explains| What is pre-sanctioned credit line through UPI, how will it work and other questions answered

    A credit line, different from a loan, is a lending facility where a borrower can borrow money on a flexible and revolving basis from a lender

  • UPI pre-sanctioned credit line different from BNPL, says RBI deputy governor Rao April 06, 2023 02:21 PM IST

    UPI pre-sanctioned credit line different from BNPL, says RBI deputy governor Rao

    The Reserve Bank of India (RBI) Governor Shaktikanta Das said that the new measure has a pre-sanctioned loan from banks, which customers can operate through UPI

  • Payment Aggregator Paysharp raised funding of 10.5 Crore April 05, 2023 02:58 PM IST

    Payment Aggregator Paysharp raised funding of 10.5 Crore

    Paysharp is a three and half-year-old fintech startup headquartered in Chennai. Paysharp announced it completed Pre-Series A funding on March 2023. During the round, Paysharp raised 10.5 crores with the 200 crores valuation.

  • SBI digital banking services down, customers take to social media April 03, 2023 08:42 PM IST

    SBI digital banking services down, customers take to social media

    Customers complained of issues on online banking as well as unified payments interface (UPI) platform

  • Moneycontrol Selects: Top stories this evening March 30, 2023 07:14 PM IST

    Moneycontrol Selects: Top stories this evening

    Our specially curated package of the big stories to help you stay at the top of your game.

  • Paytm's Vijay Shekhar on UPI payments being chargeable from April: 'There is absolutely no...' March 30, 2023 01:30 PM IST

    Paytm's Vijay Shekhar on UPI payments being chargeable from April: 'There is absolutely no...'

    Paytm CEO and founder Vijay Shekhar Sharma said, 'Right now government is paying for payment charges to be charged to merchants for payments from UPI.'

  • Morning Scan: All the big stories to get you started for the day March 30, 2023 07:48 AM IST

    Morning Scan: All the big stories to get you started for the day

    A round-up of top newspaper stories to get you started for the day.

  • Investment is needed for UPI to grow 10X and reach three billion transactions a day: NPCI’s Dilip Asbe March 30, 2023 10:01 AM IST

    Investment is needed for UPI to grow 10X and reach three billion transactions a day: NPCI’s Dilip Asbe

    Asbe said at News18’s Rising India Summit that there are dialogues within the ecosystem with the government and the stakeholders on how to grow UPI to 10X and how to ensure that onboarding of a large number of customers and merchants is smooth with the right investment.

  • Bank transactions through UPI continues to be free for customers and merchants: NPCI March 29, 2023 03:43 PM IST

    Bank transactions through UPI continues to be free for customers and merchants: NPCI

    NPCI issues clarification after several citizens took to social media and incorrectly said that UPI is chargeable

  • NPCI recommends additional charges for merchant transactions via UPI March 28, 2023 05:41 PM IST

    NPCI recommends additional charges for merchant transactions via UPI

    According to the NPCI circular, using PPIs on UPI will attract interchange at 1.1 percent of the transaction value for transactions worth over Rs 2,000.