Npci

Showing of 1 - 20 from 141 results
Npci - Total results - 141
Digital payment solution 'e-RUPI' to launched in India: What it means and how it works
News & Analysis

Digital payment solution 'e-RUPI' to launched in India: What it means and how it works

Banks including SBI, HDFC, Axis, Punjab National Bank, ICICI Bank and more are live with the e-RUPI digital payment solution.

Prime Minister Narendra Modi to launch digital payment solution e-RUPI on Monday
India

Prime Minister Narendra Modi to launch digital payment solution e-RUPI on Monday

In its statement, the Prime Minister's Office said e-RUPI is a cashless and contactless instrument for digital payment

What is e-RUPI and how it will change India's digital payment behaviour
India

What is e-RUPI and how it will change India's digital payment behaviour

e-RUPI is a cashless and contactless instrument for digital payment

UPI recorded 2.23 billion transactions worth Rs 4.16 trillion in December 2020 reports NPCI
Business

UPI recorded 2.23 billion transactions worth Rs 4.16 trillion in December 2020 reports NPCI

This is a 1 percent jump in volume and a 6.4 percent surge in value for UPI from November which had seen 2.21 billion transactions worth Rs 3,90,999 crore.

NPCI introduces a new reloadable wallet feature for offline RuPay contactless payments
News & Analysis

NPCI introduces a new reloadable wallet feature for offline RuPay contactless payments

With the reloadable wallet feature, customers can store money to ensure quick transactions without any irregularities even if they have poor connectivity at the POS machines.

Amazon Pay, Paytm, PhonePe and 16 other companies become NPCI shareholders
Business

Amazon Pay, Paytm, PhonePe and 16 other companies become NPCI shareholders

National Payments Corporation of India brings onboard new members as part of its shareholding party.

WhatsApp payments service gets NPCI nod for roll out in India for upto 20 million users
News & Analysis

WhatsApp payments service gets NPCI nod for roll out in India for upto 20 million users

WhatsApp has been running a pilot service for the last two years but was not given a formal go-ahead because of data localisation requirements.

Google Pay says all transactions are fully protected by redressal processes laid out by RBI, NPCI
Business

Google Pay says all transactions are fully protected by redressal processes laid out by RBI, NPCI

The statement comes against the backdrop of social media buzz that issues that might arise while transferring money through Google Pay cannot be redressed under law as the app is unauthorised.

WhatsApp assures SC that it will not go ahead with the payment service without complying with Indian regulations
News & Analysis

WhatsApp assures SC that it will not go ahead with the payment service without complying with Indian regulations

Earlier, WhatsApp had told the apex court that it is conducting a trial run of its payment service.

Coronavirus Outbreak: UPI transactions drop in March, RTGS shoots up due to lockdown
Business

Coronavirus Outbreak: UPI transactions drop in March, RTGS shoots up due to lockdown

After constantly rising for the past several months, the volume, as well as value, of transactions through the UPI payment system dropped in March due to the 21-day nationwide lockdown imposed to combat the coronavirus infection

Free voice calls no excuse for poor service quality, will not pass regulatory muster, says TRAI chief
Business

Free voice calls no excuse for poor service quality, will not pass regulatory muster, says TRAI chief

TRAI officials conduct standard tests on roads, trains and other busy spots and any operator found to be giving poor service is punished, said Chairman RS Sharma

Hyderabad International Airport to get India’s first car park enabled with FASTag
News & Analysis

Hyderabad International Airport to get India’s first car park enabled with FASTag

FASTag is a radio-frequency identification (RFID) tag linked to your bank account for faster toll payments.

WhatsApp Pay may be delayed as govt flags risk to payments via social media apps
News & Analysis

WhatsApp Pay may be delayed as govt flags risk to payments via social media apps

This comes days after Zuckerberg announced that there will soon be "positive news" about the service's launch.

WhatsApp Pay to get a nod after Indian govt is satisfied with its data compliance policies
News & Analysis

WhatsApp Pay to get a nod after Indian govt is satisfied with its data compliance policies

The government wants to ensure that all the data pertaining to WhatsApp Pay will be stored on servers based in India.

Aadhaar-enabled payment systems cross 200 mn transactions on NPCI platform in July
Business

Aadhaar-enabled payment systems cross 200 mn transactions on NPCI platform in July

NPCI's Aadhaar-enabled Payment System (AePS) is a bank-led model which allows basic interoperable banking transactions at PoS or MicroATM through business correspondent of any bank.

Digitisation push: Aadhaar enabled transactions cross 200 mn milestone on NPCI platform during July
Business

Digitisation push: Aadhaar enabled transactions cross 200 mn milestone on NPCI platform during July

The umbrella body for digital transactions, NPCI, on Monday said that Aadhaar enabled Payment System (AePS) crossed the milestone of over 200 million transactions during July this year

Truecaller signs up users for UPI account without their knowledge, says its a bug
News & Analysis

Truecaller signs up users for UPI account without their knowledge, says its a bug

Truecaller had partnered ICICI Bank to launch its UPI-based mobile payment service.

WhatsApp's payment service could reportedly debut very soon in the country
News & Analysis

WhatsApp's payment service could reportedly debut very soon in the country

WhatsApp launched its payment feature with ICICI bank but failed due to a lack of localisation of data storage.

Future of Internet policy in India: Privacy, data protection, cybersecurity among critical aspects
News & Analysis

Future of Internet policy in India: Privacy, data protection, cybersecurity among critical aspects

A look at the themes or trends that are likely going to define Internet policy in India going forward.

Union Bank's net loss widens to Rs 3,370 cr in Q4 on higher provisioning; 'worst is over,' says CEO
Business

Union Bank's net loss widens to Rs 3,370 cr in Q4 on higher provisioning; 'worst is over,' says CEO

For the full fiscal, Union Bank reported a net loss at Rs 2,948 crore as against Rs 5,247 crore in FY2018.