iOS users can also add funds to their Apple ID via the new payment methods and buy games, apps, iCloud storage and so on.
Banks including SBI, HDFC, Axis, Punjab National Bank, ICICI Bank and more are live with the e-RUPI digital payment solution.
In its statement, the Prime Minister's Office said e-RUPI is a cashless and contactless instrument for digital payment
e-RUPI is a cashless and contactless instrument for digital payment
The failure of Mastercard to store data of card transactions done in India within the country itself is in direct violation of India's Personal Data Protection Bill
Majority of Whatsapp users said they will not use payment features, business chat if app shares info with Facebook, third parties: Survey
The survey found that five per cent users have deleted the app, while 22 per cent claimed to have reduced using the mobile messaging platform.
Overall, the RBI has shown a welcome range in its focus last year, from financial inclusion, promoting innovation to easing payments in the pandemic.
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.
WhatsApp Payment has been launched with support from banking partners including the State Bank of India (SBI), HDFC, ICICI, and Axis Bank.
WhatsApp payment service is now available for 20 million users including both iOS and Android users in India.
In unnamed funding round, Flipkart backed PhonePe raises fresh funds thereby taking its valuation to $5.5 billion.
National Payments Corporation of India brings onboard new members as part of its shareholding party.
WhatsApp will also let you send money to users who have a UPI ID but do not use WhatsApp payments.
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.
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
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
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
From 15 May, all home deliveries will have to be paid digitally and no cash on delivery will be accepted.
Realme PaySa was launched to offer personal loans between Rs 8,000 and Rs 1 lakh to individuals.
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