These vending machines will dispense coins against debit to the customer's account using Unified Payments Interface (UPI) instead of physical tendering of banknotes.
Bengaluru (Karnataka) [India], January 16 (ANI/PRNewswire): Aligning to RBI's initiative to drive credit growth on UPI, Innoviti Technologies (formerly, Innoviti Payment Solutions), India's largest collaborative commerce platform, has enabled credit card transactions on Unified Payments Inte
Bengaluru (Karnataka) [India], December 6 (ANI/NewsVoir): In an industry-first move, aimed at further strengthening digital payments and boosting India's credit penetration, Razorpay, India's Leading Full-Stack Payments and Banking Platform for Businesses today announced the platform's readi
Mumbai (Maharashtra) [India], November 24 (ANI/NewsVoir): IDFC FIRST Bank has launched FIRSTAP, the country's first sticker-based debit card, in association with National Payments Corporation of India (NPCI), to facilitate transactions by simply tapping the sticker on a Near Field Communicat
London [UK]/Mumbai (Maharashtra) [India], September 22 (ANI/PRNewswire): In a strategic move to further strengthen its cross-border payment solutions, TerraPay, a leading global payments infrastructure group today announced its partnership with NPCI International Payments Limited (NIPL), the
New Delhi [India], September 20 (ANI): Union Finance Minister Nirmala Sitharaman on Tuesday said Unified Payments Interface-based transaction is expected to reach one billion per day in the next five years.
Mumbai (Maharashtra) [India], September 6 (ANI/NewsVoir): IDFC FIRST Bank today signed up as participant in the Open Network for Digital Commerce (ONDC), an initiative of the Ministry of Commerce and Industry, to enable early adoption of the network among its customers.
Mumbai (Maharashtra) [India], August 18 (ANI): The Reserve Bank of India (RBI) has invited feedback from the public on the various changes proposed in the payments system, including the possibility of imposing tiered charges on transactions done through the Unified Payments Interface (UPI).
New Delhi [India], July 12 (ANI): The National Payments Corporation of India has directed that all Unified Payments Interface (UPI)-based applications while capturing their location or geographic coordinates, must take prior consent from the customers.