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FASTAG TRANSACTIONS DECLINE
India's crime rate falls 6%, cybercrime crosses 1 Lakh cases: SBIIndia reports a decrease in overall crime, attributed to public investment, digitization, and enhanced surveillance. Cybercrime, however, i...
UPI processes Rs 29.9 lakh crore in May; transaction volumes hit 23.2 billionDaily average transaction volumes rose to 748 million in May from 745 million in April, reflecting higher adoption of UPI for retail consum...
These 8 private and public banking stocks have an upside of up to 35% in one year, according to analystsThere was a decline in banking stocks during Tuesday’s trading session. The drop came as a reaction to the RBI tightening its bad loan norm...
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...
UPI volumes rise 27% YoY in February; daily transactions hit record 728 millionAccording to industry executives, February data point to UPI’s expansion becoming broad-based, with stronger merchant adoption and a shift ...
UPI transactions dip in November after festive spike, but up 32% on-yearNPCI data shows UPI processed 20.47 billion transactions in November, down from 20.7 billion in October. The value of transactions also dec...
FASTag users alert! NHAI simplifies KYV process for vehicles; know what will change for youThe National Highways Authority of India has simplified the Know Your Vehicle (KYV) process for FASTag users, removing the need for side ph...
UPI transactions fall in September; value rises marginally to Rs 24.9 lakh croreAccording to data from NPCI, UPI processed 19.63 billion transactions in September, compared with 20.01 billion in August. The total value ...
UPI transactions rebound in July after June dipThis uptick in value and volume comes amid discussions on the cost of processing UPI transactions. Banks are beginning to levy charges on c...
FASTag rule change: Blacklisted accounts will have window of 60 minutes before and 10 minutes after crossing toll plaza for having smooth journey aheadNPCI FASTag: Transactions that are presented shall be validated based on reader read time and the time at which the tag is placed under hot...
New FASTag rules come into effect from today; Here's all you need to knowNew FASTag Rules: The National Payments Corporation of India (NPCI) has introduced new FASTag balance validation rules effective from Febru...
UPI hits 16 billion transactions in October setting new record aided by festive spendsJust the previous month, UPI had crossed the 15 billion transactions landmark. On average, 500 million transactions were settled daily last...
UPI crosses 10 billion transactions in September for second straight monthIn terms of the total value of funds settled, UPI recorded Rs 15.80 lakh crore in September, slightly more than the Rs 15.76 lakh crore rec...
FASTag toll collection touches Rs 4,218.89 crores in April 2022Compared with April 2021, the number of FASTag transactions increased by 61.87 per cent while the collections rose by 51.93 per cent in the...
From UPI to cash, almost all payment modes see decline in MayThe National Payments Corporation of India’s UPI, IMPS and FASTag, and the Reserve Bank of India’s NEFT and RTGS, which is used by business...
UPI breaches 2 billion transactions mark in OctoberThe National Payments Corporation of India (NPCI) operated channel processed a total of 2.07 billion transactions worth Rs 3.86 lakh crore ...
Digital Payment volumes on most NPCI channels report record decline in AprilPopular and fast growing digital payment channels such as UPI, IMPS, BBPS and NETC all reported record plunge in monthly volumes in a month...
UPI crosses 100 crore transactions in March despite COVID-19 lockdown and Yes Bank crisisNearly all digital channels operated by NPCI such as UPI, IMPS, Fastag and Aadhar Enabled Payment System (AePS) recorded reduced traffic in...
Covid-19 impact: National highways toll collection halves in one weekLatest data from the National Highways Authority of India (NHAI) shows that toll collected through FASTags, which now account for almost 70...
UPI transactions fall 6% in MayHowever, amount transferred registered a record high of Rs 1.5 lakh crore last month