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UPI payments: Some trends worthy to watch out for
Business

UPI payments: Some trends worthy to watch out for

With over 100 million monthly active users in India, and a jump of a whopping 427% in usage between March 2020 and August 2022, the growth of UPI has been colossal.  After the staggering success of the first phase, UPI is gearing up for its next phase of growth

Income Tax payments: Pay with UPI, Credit Card; check step-by-step process here
Business

Income Tax payments: Pay with UPI, Credit Card; check step-by-step process here

If you pay through the NSDL and Income Tax websites, you won't be levied any extra charges. But making payments through your bank's website includes a minor fee

Want to withdraw cash from ATMs using UPI applications? Here’s the process
How To

Want to withdraw cash from ATMs using UPI applications? Here’s the process

There won't be any extra charges for UPI-enabled cardless cash withdrawals from ATMs.

Want to make UPI payments without internet connection? This trick can help you
How To

Want to make UPI payments without internet connection? This trick can help you

You need to set up your UPI before making online payments without an internet connection.

Google Play introduces UPI Autopay for subscription-based purchases; details here
Business

Google Play introduces UPI Autopay for subscription-based purchases; details here

Google has made it clear that this development will not cause any changes to the billing system. As per the tech giant, customers will have access to UPI Autopay from the Google Play billing system, and hence, Google will charge a commission of 15-30 percent commission

UPI enabled at 'India’s last tea shop'; Anand Mahindra is all praise
India

UPI enabled at 'India’s last tea shop'; Anand Mahindra is all praise

The Tea shop is in the hamlet of Mana, around 5 km from Badrinath, India’s last village situated at 10,500 feet elevation in Uttarakhand

Banks fix limits on UPI as conflict brews over cost of transactions: Report
Business

Banks fix limits on UPI as conflict brews over cost of transactions: Report

Das further stated that the government should develop a more robust strategy for maintaining support for UPI transactions.

NPCI internationalising Indian rupee as the world deliberates on dedollarisation
India

NPCI internationalising Indian rupee as the world deliberates on dedollarisation

With countries like Russia shifting its trade from US dollar to ruble, China pushing its trade in yuan, and now India initiating payments and receipts in Indian rupee, a slow process of dedollarisation has begun

Explained: How Indian travellers can now use UPI to make payments in Europe
Business

Explained: How Indian travellers can now use UPI to make payments in Europe

Indians can soon pay for transactions through the Unified Payments Interface (UPI) in Europe. They must have an Indian bank account with an activated UPI to avail the facility

UPI payments set new record in September
Business

UPI payments set new record in September

It is expected that payment through UPI would create another record both in terms of transaction and value in the festival month of October and November

Want to save your UPI account from scams? Follow these 6 tips by SBI
Business

Want to save your UPI account from scams? Follow these 6 tips by SBI

The increasing use of UPI apps has also increased the scope for fraud. The SBI has shared some simple tips that can keep your UPI account secure

Want to transfer money using WhatsApp Payments? Check step-by-step process here
How To

Want to transfer money using WhatsApp Payments? Check step-by-step process here

WhatsApp has now made it simpler for users to send and receive money from friends, family, and anybody they know by combining messaging and payments on one platform.

UPI transactions failing or getting stuck? Check few tricks to resolve the issue
Business

UPI transactions failing or getting stuck? Check few tricks to resolve the issue

People face several issues while making a digital payment through UPI as the process sometimes gets paused and can sometimes also fail, leaving the money stuck in between the sender and the receiver

How can you add a bank account in Paytm?
How To

How can you add a bank account in Paytm?

Paytm has a 14 percent market share of the digital payment space, according to a report from PhonePe and Boston Consulting Group (BCG).

Will UPI payments now be charged? Here’s what the Centre has said
Explainers

Will UPI payments now be charged? Here’s what the Centre has said

The Centre had mandated a zero-charge framework for UPI transactions from 1 January, which means that charges are currently nil for users and merchants alike. It is one of the key reasons for its widespread adoption across the country

UPI expands globally: Indian travellers to UK to enjoy hassle-free digital transactions
Business

UPI expands globally: Indian travellers to UK to enjoy hassle-free digital transactions

The NPCI International Payments Ltd has forged a partnership with payments solutions provider PayXpert to internationalise the acceptance of UPI payment solutions in the UK

Why India's digital payment ecosystem is a revolution
Business

Why India's digital payment ecosystem is a revolution

India's digital payment revolution is an inspiration and case study for the entire world to witness

'Outstanding accomplishment', says PM Modi as UPI records 6 billion transactions in July, highest since 2016
Business

'Outstanding accomplishment', says PM Modi as UPI records 6 billion transactions in July, highest since 2016

Prime Minister Narendra Modi said that digital payments were very much helpful during the COVID-19 pandemic

Open Network for Digital Commerce can become next UPI: IT minister Ashwini Vaishnaw
Business

Open Network for Digital Commerce can become next UPI: IT minister Ashwini Vaishnaw

In April, the Centre launched ONDC in Delhi NCR, Bengaluru, Bhopal, Shillong and Coimbatore in the pilot phase. It is an initiative of the government to promote an open platform for all aspects of the exchange of goods and services through electronic networks

Due to Digital India, over Rs 2 lakh crore of India's money saved from falling into wrong hands: PM Modi in Gandhinagar
India

Due to Digital India, over Rs 2 lakh crore of India's money saved from falling into wrong hands: PM Modi in Gandhinagar

Addressing the inauguration event of Digital India Week 2022 at Gandhinagar in Gujarat, PM Narendra Modi said that Digital India has empowered people by making technology more accessible. It has bridged the gap between development and amenities in rural and urban India