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BHIM UPI TRANSACTIONS
UPI processes 218.6 billion transactions till February in FY26; value at Rs 285 lakh croreJanuary recorded the highest volume with 21.7 billion transactions, followed by December and October with 21.6 billion and 20.7 billion tra...
Forgot your UPI PIN? BHIM app now lets you pay up to Rs 5,000 using fingerprint or face—here’s howForget your UPI PIN? BHIM app now allows transactions up to Rs 5,000 using fingerprint or facial recognition. This new biometric authentica...
Bhim gets big boost as NPCI scales up incentives, offersBharat Interface for Money (BHIM), the govt's UPI-based payment app, has seen a resurgence, nearly doubling its monthly transactions to 70 ...
Govt notifies incentives for promoting PoS, e-commerce transactions using Rupay, BHIM"This incentive scheme will promote digital payments by incentivising banks to build a robust digital payments ecosystem and to promote RuP...
GST not payable on govt incentive to banks for promoting RuPay card, low value BHIM-UPI transactionsUnder the Incentive scheme for the promotion of RuPay Debit Cards and low-value BHIM-UPI transactions, the government pays banks an incenti...
BHIM UPI: Is there a limit to the amount of money that can be sent using BHIM?A Virtual Payment Address (VPA) is a unique identifier, which you can use to send and receive money on UPI. You can transfer and receive mo...
BHIM UPI transactions more than double to 273 crore in MarchThe value of UPI transactions during the month stood at Rs 5,04,886 crore against that of Rs 2,06,462 crore in the year-ago month.
Annual budgetary support of Rs 2,500 cr needed to support cashless payments via BHIM-UPI: ReportObserving that consumers have to often pay convenience fee on payments made through digital mode, the report said, "RBI should refrain from...
Govt’s epayments platform looks to regain market share lost to private competitionBHIM has garnered around 38 million app downloads and industry insiders say that it remains a very popular mode of transaction in smaller c...
BHIM needs Mbappé speed to improve track recordThe Ministry of Electronics and IT (MeitY) said recently that cashback offers for merchants were withdrawn from July 1.
BHIM UPI transactions touch Rs 1 trillion in FY18UPI, which allows instant money transfer between bank accounts through mobile phones has witnessed a spike in growth over the last several ...
All banks set to align digital payment solutions under BhimBanks will now display Bhim as a prefix to their own UPI applications in a bid to erase confusion among users.
Banks may cut UPI charges for merchantsPeer-to-peer (P2P) transfers under UPI are currently free but businesses are charged for receiving payments via this mobile-based system.
Govt weighs hike in BHIM referral bonusUPI clocked 10.2 million transactions in June, a fivefold increase since December.
Government may hike BHIM referral bonus from Rs 10 to Rs 25BHIM app enables payment transactions through UPI. Users can make instant bank-to-bank payments and pay and collect money using their mobil...
UPI use rises 100x since launchA sober news for the government is the drop in UPI transactions on the BHIM mobile app in May.
YES Bank's bet on UPI platform pays off, on course to topple BHIMYES Bank has been driving a large part of its UPI volumes through its partnership with Flipkart-owned PhonePe, which accounts for about 75%...