Upi

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Upi - Total results - 213
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.

What is WhatsApp payment service and how does it work?
News & Analysis

What is WhatsApp payment service and how does it work?

WhatsApp will also let you send money to users who have a UPI ID but do not use WhatsApp payments.

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 tests NFC-based contact-less card payment feature in India
News & Analysis

Google Pay tests NFC-based contact-less card payment feature in India

The service seems to be currently avaialble only on Axis Bank credit/debit and SBI credit cards for a set group of users in India, reports said

PayNearby partners with IndusInd Bank for contactless payments; expands hyperlocal direct to consumer business
Business

PayNearby partners with IndusInd Bank for contactless payments; expands hyperlocal direct to consumer business

PayNearby, a fintech startup has now expanded its hyper local discovery and purchase application ‘BuyNearby’ for pan-India operations with IndusInd Bank

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: Ahmedabad decides to go digital to prevent the spread of the virus through currency
Business

Coronavirus Outbreak: Ahmedabad decides to go digital to prevent the spread of the virus through currency

From 15 May, all home deliveries will have to be paid digitally and no cash on delivery will be accepted.

Realme PaySa to soon get UPI-based payment transfer support, company CEO confirms
News & Analysis

Realme PaySa to soon get UPI-based payment transfer support, company CEO confirms

Realme PaySa was launched to offer personal loans between Rs 8,000 and Rs 1 lakh to individuals.

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

Zero-MDR: Is India pioneering a global business model for digital payments?
News & Analysis

Zero-MDR: Is India pioneering a global business model for digital payments?

Historically, digital payments around the world have been driven by the American model defined by card associations.

Bengaluru, Delhi and Hyderabad lead digital merchant payments; account for over 40% transactions in 2019: Report
Business

Bengaluru, Delhi and Hyderabad lead digital merchant payments; account for over 40% transactions in 2019: Report

Digital transactions are estimated to have grown by 338 percent from 2018 to 2019, according to the Razorpay report

Flipkart and PhonePe are looking at 'different paths leading to different outcomes'
News & Analysis

Flipkart and PhonePe are looking at 'different paths leading to different outcomes'

Flipkart fintech isn’t focussed on individual payments or UPI. It’s an affordability construct both for customers and sellers.

Google writes letter to US Federal Reserve to adopt UPI-like payments mechanism; draws cheers among Indian entrepreneurs
News & Analysis

Google writes letter to US Federal Reserve to adopt UPI-like payments mechanism; draws cheers among Indian entrepreneurs

A top banker told Tech2, UPI is being pushed to go global and now if it manages to draw the attention of the US Federal Reserve it will be big fillip for NPCI.

Xiaomi makes its Mi Pay app for UPI transactions and more available on the Google Play Store
News & Analysis

Xiaomi makes its Mi Pay app for UPI transactions and more available on the Google Play Store

Mi Pay is designed to be an integrated payment solution having UPI payments, recharges, bill payments and more.

Digital payment volumes set to grow at 20% per annum; initiatives by RBI, Central and state govts to help achieve target
Business

Digital payment volumes set to grow at 20% per annum; initiatives by RBI, Central and state govts to help achieve target

Globally, digital payment market size is expected to touch $10.07 trillion by 2026, the report said.

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.

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.

Payments Council says abolishing MDR charges to dry up investment capital; will kill revenue source for industry
Business

Payments Council says abolishing MDR charges to dry up investment capital; will kill revenue source for industry

Abolishing merchant discount rate (MDR) to facilitate digital transaction in the country will dry up foreign capital investment besides leaving the sector without sources of revenue generation, the Payments Council of India (PCI) said on Tuesday