Search For "upi transaction"
Paytm brings lightning-fast UPI payments that never fail
Updated : 3 years ago IST
Paytm UPI LITE aims to make digital payments more accessible to people across the country. UPI LITE, enabled by National Payments Corporation of India (NPCI), aids users to carry out multiple small value UPI transactions without using a PIN.
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Pismo and Drona Pay to boost security in digital payments
Updated : 3 years, 1 month ago IST
Bangalore (Karnataka)/ Mumbai (Maharashtra) [India], February 7 (ANI/PRNewswire): Fraud management has become a massive headache for banks and fintechs worldwide. As digital payments become more popular, projected to grow 12 per cent, reaching USD 14.8 trillion by 2027, payment frauds are a
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Paytm to be key beneficiary of UPI incentive scheme, may cash in 5-7% of t
Updated : 3 years, 2 months ago IST
The Union Cabinet on Wednesday approved the incentive scheme with a financial outlay of Rs 26 billion for the promotion of RuPay Debit Cards and low-value BHIM-UPI transactions (P2M) for 2022-23, compared with Rs 15 billion in 2021-22.
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Cabinet okays Rs 2,600-cr scheme for promotion of RuPay debit cards, low-v
Updated : 3 years, 2 months ago IST
The Union Cabinet, chaired by Prime Minister Shri Narendra Modi on Wednesday approved the incentive scheme for the promotion of RuPay Debit Cards and low-value BHIM-UPI transactions (person-to-merchant) for a period of one year from April 2022.
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Deadline extended for 30 pc cap on UPI transactions by third-party payment
Updated : 3 years, 3 months ago IST
The decision was taken after taking into account the present usage and future potential of UPI, and other relevant factors around it.
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Paytm to remain unaffected by NPCI's UPI market cap move: Experts
Updated : 3 years, 3 months ago IST
Paytm Payments Bank being an issuer and payment service provider bank in itself along with being an acquirer of UPI transactions on its own platform, makes it the source and destination for all of its transactions. So, it effectively serves the customer end-to-end in a transaction.
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UPI targets 1 billion transactions daily in next 5 years: Nirmala Sitharam
Updated : 3 years, 5 months ago IST
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.
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PM Modi lauds record 6 billion UPI transactions in July
Updated : 3 years, 7 months ago IST
New Delhi [India], August 2 (ANI): Prime Minister Narendra Modi has lauded the outstanding accomplishment of 6 billion UPI transactions in July, the highest ever since 2016.
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RBI proposes to link credit cards to UPI platform
Updated : 3 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 8 (ANI): The Reserve Bank of India (RBI) on Wednesday proposed to allow the linking of credit cards to the Unified Payments Interface (UPI) platform.
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Cabinet approves incentive scheme to promote RuPay Debit cards, low-value
Updated : 4 years, 2 months ago IST
New Delhi [India], December 15 (ANI): The Union Cabinet led by Prime Minister Narendra Modi on Wednesday approved an incentive scheme worth Rs 1,300 crore for the promotion of RuPay Debit Cards and low-value (up to Rs 2,000) BHIM-UPI transactions (person-to-merchants) in the country.
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Paytm Payments Bank expands lead as largest beneficiary bank for UPI payme
Updated : 4 years, 10 months ago IST
New Delhi [India], April 21 (ANI): Paytm Payments Bank Ltd (PPBL) registered 46.9 crore Unified Payments Interface (UPI) transactions in March, marking a month-on-month increase of 20.7 per cent to emerge as the largest beneficiary ahead of all major banks in the country.
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RBI extends deadline for processing auto-debit payments by 6 months
Updated : 4 years, 11 months ago IST
Mumbai (Maharashtra) [India], Mar 31 (ANI): The Reserve Bank of India (RBI) on Wednesday extended the timeline for processing recurring online transactions by six months to September 30.
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