Page 6 of UPI

Google Pay introduces convenience fee for electricity, gas bill payments: Report

The charges will apply to debit and credit card payments with the fee that will range from 0.5% to 1%…

Updated: February 20, 2025 11:08 IST

UPI, banking, National Payments Corporation of India, NPCI, UPI AutoPay, AutoPay

The future of credit lies in technology: How credit line on UPI will supercharge inclusion in India

Credit Line on UPI is a more structured, transparent, and sustainable credit ecosystem that leverages UPI to enable banks to…

February 12, 2025 19:23 IST

fintech, financial innovation, digital payment, UPI, payment solutions, investment, Digital lending

India’s fintech journey: Charting the course to global financial supremacy

With 1.4 billion people adopting digital, India has moved from being a follower of global trends to a trendsetter in…

February 4, 2025 17:16 IST

Your UPI payments may not go through if you haven’t done this yet

The National Payments Corporation of India (NPCI) has rolled out a new policy enforcing stricter standards for UPI transaction IDs.

February 1, 2025 09:52 IST

UPI Credit Cards users average 40 transactions, spend Rs 40,000 monthly - Know other key insights!

UPI credit card users average 40 transactions, spend Rs 40,000 monthly – Know other key insights!

The average transaction size for UPI credit cards is Rs 1,125, much lower than the Rs 4,000 average for traditional…

January 23, 2025 11:17 IST

UPI Fraud Alert: What is Jump Deposit Scam everyone is talking about?

Let’s understand the Jump Deposit Scam in detail and find out whether it’s affecting your UPI transactions.

January 21, 2025 13:37 IST

Bank credit to MSMEs 15% of non-food credit in November: RBI data

Bank credit to MSMEs 15% of non-food credit: RBI data

Credit deployed to MSMEs in November was 15.5 per cent of Rs 170 lakh crore in non-food credit of scheduled…

January 3, 2025 16:18 IST

Now, all WhatsApp users can use UPI for payments - Here's how to use the facility

Now, all WhatsApp users in India can use UPI for payments – Here’s how to use the facility

The decision to expand WhatsApp Pay services will benefit over 500 million users of WhatsApp in India. Earlier, the service…

January 2, 2025 13:12 IST

Record 16.73 billion UPI transactions in December

FASTag transactions grew by 6% in volume to 382 million in December, against 359 million in November, and 345 million…

January 2, 2025 01:30 IST

bank holidays, banking sector, banks, RBI, holiday list, banking services

How much loan RBI’s UPI-like lending platform has disbursed in its pilot?

The ULI (earlier called Public Tech Platform for Frictionless Credit) is a digital public infrastructure in the lending space, which…

December 30, 2024 14:27 IST

UPI, RBI, banking, banks, Reserve Bank of India, KYC, Paytm, Google Pay, PPI

Prepaid users can now make UPI payment via third-party apps

The decision is aimed at providing more flexibility to holders of PPIs such as gift cards, metro rail cards and…

December 28, 2024 00:30 IST

RBI allows UPI access for prepaid payment instruments through 3rd party apps

To provide more flexibility to PPI holders, the RBI has now allowed linking of PPIs through third-party UPI applications. This…

December 27, 2024 18:22 IST

UPI AutoPay yet to gain user acceptance

Around 44% of respondents thought NPCI should be putting out more newspaper advertisements, creating more awareness, and explaining the feature…

December 26, 2024 02:45 IST

UPI, UPI Lite, Bank, Banking, Transactions

Consumer benefits of implementing market caps in the UPI ecosystem

Here is how market caps in UPI aim to boost competition and protect consumers in India’s growing fintech ecosystem.

December 25, 2024 15:47 IST

UPI, cross border payments, Payments. economic ties, social ties, payments across borders

Upgrade cross-border payments

With India being the world’s largest recipient of remittances since 2022, the urgency to modernise its payment systems has never…

December 17, 2024 04:15 IST

Digital Arrest Scams: How fraudsters fake warrants to steal your money

Digital Arrest Scam: How fraudsters posing as ‘officials’ steal your money

The NPCI emphasizes the importance of awareness and vigilance to safeguard against these fraudulent activities as India progresses towards a…

December 16, 2024 07:53 IST

Opinion | RBI’s ULI might finally be the game-changer for MSMEs that have long struggled for credit

The Reserve Bank Innovation Hub (RBIH) has announced its Unified Lending Interface (ULI) — a platform that will allow lenders…

December 15, 2024 12:26 IST

UPI vs NEFT: How to decide the best fit for your money transfers

While both UPI and NEFT are effective, they cater to different needs, leaving many wondering which is better for their…

December 5, 2024 08:44 IST

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States told to expedite crop loss surveys for Fasal Bima

Economy36 min ago

The agriculture ministry has instructed states to conduct mid-season crop loss assessment under PMFBY to provide timely compensation to farmers affected by heavy rainfall. States are also advised to monitor progress and release premium subsidy to insurance companies. Despite obstacles, over Rs 1.86 lakh crore has been paid to farmers under PMFBY since 2016, with a rise in participation.

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