Npci

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Npci - Total results - 136
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.

UPI transaction success rate reaches 87 percent in 2019, to improve further: Report
News & Analysis

UPI transaction success rate reaches 87 percent in 2019, to improve further: Report

Blames previous decline on connectivity problems and lack of response from banks’ servers.

WhatsApp Pay could go live in five months, undergoing third-party audit: Report
News & Analysis

WhatsApp Pay could go live in five months, undergoing third-party audit: Report

Currently, only around 7 lakh WhatsApp users in India can use the WhatsApp Pay beta feature

Markets regulator SEBI extends phase 1 implementation of UPI for retail IPO investors till 30 June
Business

Markets regulator SEBI extends phase 1 implementation of UPI for retail IPO investors till 30 June

The timeline for implementing phase 2 and phase 3 shall remain unchanged from the date of completion of phase 1, Sebi said in a circular

WhatsApp still hasn't provided a timeline for data localisation says RBI
News & Analysis

WhatsApp still hasn't provided a timeline for data localisation says RBI

WhatsApp payment feature called WhatsApp Pay has been in a beta mode since last year.

RBI relaxes norms for white label ATM operators, allows to source cash directly from central bank
Business

RBI relaxes norms for white label ATM operators, allows to source cash directly from central bank

Among others, the RBI has repealed its earlier order of permitting WLA operators to source cash from retail outlets.