Latest News on Npci
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Npci - Total results - 120
Jun 18, 2018
Digital wallet service WhatsApp Payments is being beta tested by 1 mn Indian usersWhatsApp had stated that sensitive user data such as the last 6 digits of a debit card and UPI PIN is not stored at all.
Jun 11, 2018
WhatsApp claims it shares minimal data with regards to payment service with its parent FacebookAccording to government sources, the Ministry of Electronics and IT has written to National Payment Corporation of India to verify compliance around WhatsApp payment and check if WhatsApp is sharing data with its parent firm Facebook.
May 25, 2018
Narendra Modi sarkar's Digital India record is a chequered one; it sells continuity as change and trades eyesight for visionDeeper questions remain on where Digital India is heading with global giants including Google, Facebook, Amazon and Microsoft going great guns in India but there is also a looming fear of "data colonisation" of India by giants with powerful technologies
Apr 27, 2018
India to have 500 million internet users by June; number to hit an estimated 702 million by 2020Mobile phones will emerge as the preferred device for online shopping by 2020, accounting for 70 percent of total online shopping,
Apr 19, 2018
ATM operators demand higher 'interchange rates' for transactions; customers may be hitPresently, all banks charge a fee of Rs 15 for each cash and Rs 5 for all non-cash transactions from each other for use of their ATMs by other banks' customers -- which is recovered from the (user) customers -- beyond the five minimum free transactions.
Apr 16, 2018
WhatsApp clarifies that parent Facebook does not use customer payment data for commercial purposesWhatsApp posted on its platform that Facebook simply helps pass the necessary payment information to the bank partner and NPCI.
Mar 20, 2018
NPCI orders banks to stop UPI transactions from apps that are not complying with its directiveCircular sent by NPCI stated a deadline for all UPI apps to comply post which it has the "right to decline the transactions for such non-compliant apps.”
Mar 10, 2018
Digital payments: Cost factor makes people fight shy of giving up on cash transactionsOut of 1500+ banks in India (including small co-operative banks), only 127 banks’ customers are doing mobile transactions while the remaining banks simply don’t offer customers a mobile-based payment system.
Feb 19, 2018
New WhatsApp beta update for Windows Phone devices introduces live location and 'heart' notification for stickersWhatsApp has submitted a new beta update for Windows devices, taking the version to 2.18.24.
Feb 18, 2018
WhatsApp to launch 'full-feature' inter-bank money transfer service soon says NPCI with four banks handling UPI to process fund transfersFriday’s statement marks the de facto official launch of WhatsApp’s new service as NPCI is the body set up by the central bank and lenders to oversee payment services.