Upi

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Upi - Total results - 226
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

Paytm expects to achieve 2 billion transactions a quarter this year; achieves 1.6 billion transactions in first quarter of current fiscal
Business

Paytm expects to achieve 2 billion transactions a quarter this year; achieves 1.6 billion transactions in first quarter of current fiscal

Paytm is set to expand the payments market in India with its ambitious target to achieve two billion quarterly transactions this year

WhatsApp digital payment application is expected to go live in India soon
News & Analysis

WhatsApp digital payment application is expected to go live in India soon

The data localisation is completed and after the auditors submit the reports, WhatsApp payment application can go live.

Google Pay leads the charge in UPI payments with 240 mn transactions in May
News & Analysis

Google Pay leads the charge in UPI payments with 240 mn transactions in May

Google Pay has consolidated its lead as the top UPI payment app, closely followed by Flipkart-owned PhonePe.

True fintech will be seen in India in the next five years: PhonePe co-founder Rahul Chari
News & Analysis

True fintech will be seen in India in the next five years: PhonePe co-founder Rahul Chari

"If it wasn't for UPI, we wouldn't be where we are right now with digital payments."

Amazon Pay starts offering peer to peer transactions using UPI via its Android app
News & Analysis

Amazon Pay starts offering peer to peer transactions using UPI via its Android app

Amazon's UPI ambitions had come to a halt after it failed to fulfil the data localisation mandates from RBI.

UPI transaction success rate reaches 87 percent in 2019, to improve further: Report
News & Analysis

UPI transaction success rate reaches 87 percent in 2019, to improve further: Report

Blames previous decline on connectivity problems and lack of response from banks’ servers.

WhatsApp Pay could go live in five months, undergoing third-party audit: Report
News & Analysis

WhatsApp Pay could go live in five months, undergoing third-party audit: Report

Currently, only around 7 lakh WhatsApp users in India can use the WhatsApp Pay beta feature