Page 9 of UPI

Peru adopts India’s UPI technology for real-time payments

UPI’s collaborative and open banking model promotes greater connectivity and interoperability with both domestic and international payment networks.

June 5, 2024 20:24 IST

Jio Financial Services Ltd Jio Finance app

With JioFinance ‘super app’, Mukesh Ambani takes on Google, Amazon — How to use, top features, more

The JioFinance app aims to offer a comprehensive suite of services, including UPI transactions, digital banking, and loans on mutual…

June 1, 2024 15:40 IST

upi, paytm, online payment, digital payment, google pay, npci, phonepe

A chink in Indian payment armour

Duopolies controlling our payment systems and the dependence on foreign-owned platforms raise questions about India’s digital sovereignty

May 21, 2024 22:45 IST

Beyond Cash and Cheques: Why Secure Online Payments are Essential for Every Small Business to Scale Globally’.

The Indian economy is undergoing a significant change, driven by a dynamic MSME sector that is crucial in moving the…

May 14, 2024 16:06 IST

This achievement follows NIPL's collaboration with Fonepay, Nepal's largest payment network, to introduce cross-border UPI P2M acceptance in March 2024.

Fintech firm Zeta launches UPI-linked digital credit service for banks | Here’s how this will work

Zeta’s offering is underpinned by the National Payments Corporation of India’s (NPCI) credit line on UPI scheme – which harnesses…

May 10, 2024 17:57 IST

India’s Unified Payment Interface (UPI): A Landscape Revolution for Development

Introduced to simplify and unify diverse payment systems, UPIs have significantly enhanced transactional ease and accessibility, promoting financial inclusion across various demographic segments.

Updated: May 7, 2024 13:15 IST

NRI customers of this private sector bank can now make UPI payments using international mobile numbers – Here’s how!

The private sector lender has leveraged on the international infrastructure laid down by National Payments Corporation of India (NPCI) for…

May 6, 2024 15:21 IST

UPI transactions dip marginally in April to Rs 19 trn

Similarly, transaction value fell 1% month-on-month.

May 2, 2024 02:40 IST

fintech companies, credit card, RBI, financial services, expansion, regulations, card network, consumer interest, fintech firms, startups, UPI, digital technologies, EMI transactions

Strategies for fintech companies to thrive amidst RBI’s reshaping of the credit card landscape

Fintech firms can leverage their tech expertise and agility to support banks in their credit card offerings, while the banks…

April 18, 2024 13:20 IST

UPI transactions: Volume surges 56% in H2 last year but average ticket size shrinks 8%, says report

UPI Transactions: Volume surges 56% in H2 2023 but average ticket size shrinks 8%, says report

UPI transactions consist of person-to-person (P2P) and person-to-merchant (P2M) transactions. Both these segments have clocked good growth numbers.

April 11, 2024 14:44 IST

According to data from the NPCI, the average daily transaction count was 463 million in Jun and the average daily amount was Rs 66,903 crore.

UPI, the great enabler: RBI gives nod for cash deposit, money transfer from PPI wallet via UPI

RBI proposals enabling greater use of UPI is seen as further enhancing customer convenience and boost adoption of digital payments.

April 5, 2024 14:17 IST

RBI Monetary Policy: UPI for cash deposit facility soon! RBI Guv Das announces more UPI initiatives

RBI Governor Shaktikanta Das said there is a proposal to facilitate cash deposit in cash deposit machines (CDMs) using UPI,…

April 5, 2024 12:35 IST

Cash deposit facility in banks through use of UPI soon: RBI

The central bank also decided to permit linking of Prepaid Payment Instruments (PPIs) through third-party Unified Payments Interface (UPI) applications.

Updated: April 5, 2024 12:28 IST

UPI dominance: UPI transactions posts 56% YoY volume growth in H2 2023, buoyed by expansion in mobile transactions

Ramesh Narasimhan, Chief Executive Officer – India, Worldline, said, “The year 2023 witnessed some significant milestones in the payments ecosystem.…

April 3, 2024 15:56 IST

Mobile wallet payments in India to surpass $6 trillion in 2028: GlobalData

Payment through mobile wallet is anticipated to grow at a compound annual growth rate (CAGR) of 18.3% between 2024 and…

April 3, 2024 11:03 IST

Indian travellers in UAE can now make UPI payment using PhonePe – Know how it works

A collaboration between NPCI International Payment and the Mashreq Bank has resulted in making UPI payments acceptable in UAE

March 29, 2024 13:26 IST

UPI space set to hot up as banks enter the fray aggressively

SBI, Axis Bank, YES Bank set to disrupt the market by targeting non-customers

March 25, 2024 05:55 IST

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