Upi

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Upi - Total results - 226
WhatsApp finally agrees to comply with RBI's guidelines on storage of payment data
News & Analysis

WhatsApp finally agrees to comply with RBI's guidelines on storage of payment data

WhatsApp complying with the central bank's guidelines will enable a wider roll-out of WhatsApp Pay.

Google Pay leads UPI transaction value race in March leaving Paytm, PhonePe behind
News & Analysis

Google Pay leads UPI transaction value race in March leaving Paytm, PhonePe behind

Google Pay clocked payments worth Rs 43,000-Rs 45,000 crore in March as per industry sources.

Markets regulator SEBI extends phase 1 implementation of UPI for retail IPO investors till 30 June
Business

Markets regulator SEBI extends phase 1 implementation of UPI for retail IPO investors till 30 June

The timeline for implementing phase 2 and phase 3 shall remain unchanged from the date of completion of phase 1, Sebi said in a circular

WhatsApp still hasn't provided a timeline for data localisation says RBI
News & Analysis

WhatsApp still hasn't provided a timeline for data localisation says RBI

WhatsApp payment feature called WhatsApp Pay has been in a beta mode since last year.

Worldline India's Digital Payments Report 2018: UPI, Wallets emerge biggest gainers
News & Analysis

Worldline India's Digital Payments Report 2018: UPI, Wallets emerge biggest gainers

The growth of UPI is at the expense of wallet transactions but that isn't necessarily a bad thing.

Google Pay now lets you book, cancel train tickets via IRCTC within the app
News & Analysis

Google Pay now lets you book, cancel train tickets via IRCTC within the app

Using Google Pay for IRCTC train bookings also ensures you incur no additional processing fee.

E-commerce revolutionised retail sector, will play major role in India growth story: Niti Aayog CEO Amitabh Kant
Business

E-commerce revolutionised retail sector, will play major role in India growth story: Niti Aayog CEO Amitabh Kant

Kant noted that driven by the growth in India's retail market, the country's GDP will also witness an increase and result in more job opportunities

SBI announces loan waiver to 23 soldiers killed in Pulwama terror attack; insurance money to be expedited
Business

SBI announces loan waiver to 23 soldiers killed in Pulwama terror attack; insurance money to be expedited

All the CRPF soldiers were SBI customers under Defence Salary Package where the Bank's provides insurance of Rs 30 lakhs to each of the defence personnel.

Google Pay app reaches 100 million downloads milestone on the Play Store
News & Analysis

Google Pay app reaches 100 million downloads milestone on the Play Store

The Google Tez app was launched back in August 2017 and then rebranded as Google Pay in Sep 2018.

NPCI reports a record 620.7 mn UPI transactions worth Rs 1 trillion in Dec 2018
News & Analysis

NPCI reports a record 620.7 mn UPI transactions worth Rs 1 trillion in Dec 2018

Earlier last year, NPCI launched UPI 2.0 with features such as overdraft facility to let customers link their OD accounts to the UPI payments system.

Man cheated of Rs 6.8 lakh in a UPI app fraud despite never using the UPI app
News & Analysis

Man cheated of Rs 6.8 lakh in a UPI app fraud despite never using the UPI app

Cyber cell experts that this fraud has taken place using the SIM swapping trick.

WhatsApp fails to set a timeline on data localisation for payments: Report
News & Analysis

WhatsApp fails to set a timeline on data localisation for payments: Report

National Payment Corporation of India's deadline for data localisation has, however, already expired.

Why Abhijit Bose could be key to WhatsApp's ability to scale up payments biz in India
News & Analysis

Why Abhijit Bose could be key to WhatsApp's ability to scale up payments biz in India

Bose has been evangelising the idea of how Ezetap could turn any mobile device into a PoS device.

RuPay, UPI to soon overtake global competitors like Visa, Mastercard: Report
News & Analysis

RuPay, UPI to soon overtake global competitors like Visa, Mastercard: Report

UPI, RuPay reportedly accounted for 65.2 percent of all debit and credit card transactions as on 31 August 2018.

Digital payment transcations rise over 3-fold at 207% to 244.81 cr in August 2018: IT Ministry
Business

Digital payment transcations rise over 3-fold at 207% to 244.81 cr in August 2018: IT Ministry

Existing payment modes such as debit cards, credit cards, Immediate Payment Service (IMPS) and Pre Paid Instruments(PPI) have registered substantial growth as well.

Demonetisation anniversary: Visa, Mastercard losing market share to indigenous RuPay card, UPI, says Arun Jaitley
Business

Demonetisation anniversary: Visa, Mastercard losing market share to indigenous RuPay card, UPI, says Arun Jaitley

"Today, Visa and Mastercard are losing market share in India to the indigenously developed payment system of UPI and RuPay card whose share has reached 65 percent of the payments done through debit and credit cards," Arun Jaitley said.

Demonetisation anniversary: A political thriller turns two; for a struggling economy, its costs have far outweighed the gains
Business

Demonetisation anniversary: A political thriller turns two; for a struggling economy, its costs have far outweighed the gains

Two years ago, on this day, Modi launched demonetisation with three core objectives to begin with--terminating black money in cash, killing fake currency and putting an end to cash-based corruption.

2 years of demonetisation: Note ban decision targeted black money outside India and formalised economy, writes Arun Jaitley
India

2 years of demonetisation: Note ban decision targeted black money outside India and formalised economy, writes Arun Jaitley

Demonetisation is a key step in a chain of important decisions taken by the Government to formalise the economy. The Government first targeted the black money outside India. Asset holders were asked to bring this money back on payment of penal tax.

SEBI to introduce alternative payment mechanism for retail IPO investors from January; move will cut listing time
Business

SEBI to introduce alternative payment mechanism for retail IPO investors from January; move will cut listing time

As a part of the continuing efforts to further streamline the process, SEBI has decided, in consultation with the stakeholders to introduce the use of UPI as a payment mechanism with Application Supported by Block Amount (ASBA) for applications in public issues by retail investors through intermediaries.