Latest News on Upi Transactions
Showing of 0 - 10 from 13 results
Upi Transactions - Total results - 13
Nov 28, 2018
Digital payments: Lifting cap on ticket size of transactions will speed up sector growthThe trend seems to be accelerating ever since the Reserve Bank of India that regulates the payment industry allowed interoperability among payment service providers sometime ago.
Oct 22, 2018
UPI 2.0 pushes forward digitisation agenda of the country, brings banking ecosystem on single platformWith the launch of UPI, India became one of the only 18 countries worldwide to have a real-time P2P payment system (across different banks) way ahead of the USA and some of the other developed countries
Oct 01, 2018
Digital payments: Over 400 mn UPI transactions worth Rs 59,835 cr clocked in September; up 30% over AugustMonthly transactions through unified payments interface (UPI) increased by more than 30 percent month-on-month to 405.87 million in September, totalling over Rs 59,835 crore in value, according to the National Payments Corporation of India (NPCI) data.
Jun 11, 2018
Currency with public doubles from demonetisation days: Why did Narendra Modi’s big gamble fail to dethrone the cash king?Currency in Circulation totaled Rs 19.3 lakh crore as on 1 June. Remember, this figure had fallen to Rs 8.9 lakh crore in the aftermath of demonetisation
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.”
Oct 05, 2017
Flipkart Payments to invest over Rs 200 crore in digital payment app PhonePePreviously, PhonePe had received Rs 83.68 crore in October, 2016 through allocation of 41.84 lakh shares at a premium of Rs 190 per share.
Sep 18, 2017
PhonePe has 45 percent share in all UPI transactions in August: NPCIPhonePe has nearly 45 percent of the market share in all UPI transactions across the country in August
Aug 10, 2017
New WhatsApp Beta version shows UPI payment feature for instant money transferWhatsApp is already in talks with the NPCI and a few banks to facilitate financial transactions via UPI.
Mar 22, 2017
Bank's UPI app glitches led to fraudulent transactions, says NPCI and iSpirt, following BoM complaintNational Payments Corporation of India (NPCI) and iSpirt have come together to put out a joint statement pertaining to the security aspect of unified payments interface (UPI)
Feb 02, 2017
ICICI Bank has allowed its customers to carry out UPI transactions on PhonePeICICI Bank had suspended its customers from performing any UPI transactions on the PhonePe app, which is owned by Flipkart and whose banking backend is handled by Yes Bank. According to a latest report in The Economic Times, the bank is now allowing its customers to transact on PhonePe using UPI.