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.
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.
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.
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.
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.
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.
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.
Bengaluru (Karnataka) [India], Mar 2 (ANI): Digital payments platform PhonePe processed over 97 crore UPI transactions and over 10.7 crore total transactions across UPI, cards and wallets.
New Delhi [India], November 2 (ANI): The number of transactions made through Unified Payments Interface (UPI) crossed the 2-billion mark in October 2020, said NITI Aayog chief executive officer (CEO) Amitabh Kant on Monday.
Bengaluru (Karnataka) [India], July 23 (ANI/NewsVoir): With an intent to provide a major boost to UPI transactions and deliver an easy and secure way for consumers to make recurring payments online, Razorpay launched support for UPI AutoPay in association with NPCI at the Global Fintech Fest
New Delhi [India], Mar. 2 (ANI): Digital payment major Paytm announced that it has registered 68 million Unified Payments Interface (UPI) transactions in the 28 days of February alone, thus emerging as the largest contributor to the overall volume of UPI transactions.