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INACTIVE UPI
Mastercard to look beyond card biz; target tier 3 & 4 markets for growthMastercard is targeting India's expanding credit-on-UPI market. The company is looking beyond traditional card payments for future growth. ...- How your old forgotten UPI IDs may become a security risk and how to protect yourselfDeleting UPI apps doesn't deactivate associated IDs, leaving financial and privacy risks. Old, forgotten UPI IDs linked to recycled mobile ...
- Can NRIs use Indian mobile numbers abroad for banking? OTP delays, SIM deactivation and account access issues, know what to doNRIs managing finances abroad often face OTP issues with their Indian mobile numbers. While banks are increasingly supporting international...
- RBI overhauls prepaid cards & wallets rules: Rs 2 lakh monthly debit limit, usage, restrictions, new safeguard and moreThe RBI has revised Prepaid Payment Instrument (PPI) rules, introducing new monthly debit limits for full-KYC PPIs at Rs 2,00,000, with a R...
- RBI sharpens compliance norms, expands use cases of UPI-linked wallets for foreign visitors under draft PPI normsThe Reserve Bank of India has unveiled draft guidelines for prepaid payment instruments. These new rules aim to strengthen compliance and c...
- India Post Payments Bank opened accounts without mobile verification: ReportA CAG report has highlighted significant issues at India Post Payments Bank. Accounts were opened without proper mobile number verification...
- UPI transactions hit record high of 19.47 bn in July; NPCI limits balance check to 50/dayUPI transactions in India hit a record high of 19.47 billion in July, valued at Rs 25.08 lakh crore, signaling a shift towards digital paym...
- New UPI rules from August 1: Daily balance checks, autopay & API usage now regulated, here’s how Paytm, PhonePe, GPay users will be impactedNPCI has issued additional set of guidelines to be adhered by UPI ecosystem members that includes limiting balance enquiry requests to regu...
- Your parents, family members can use your UPI for payments via UPI Circle: Know how to use it on BHIM appNPCI BHIM Services Limited has introduced UPI Circle, a feature enabling users to delegate UPI access to trusted individuals. Primary users...
- UPI users alert! Banks & UPI apps to implement new mobile number verification rules from April 1, 2025NPCI issues new guidelines requiring banks and UPI apps to update mobile number records weekly to avoid errors from recycled numbers. From ...
- Credit line on UPI could cross $1 trillion in transaction value by 2030: ZetaThe credit line on UPI could exceed $1 trillion in transaction value by 2030, according to Zeta. Key drivers include rising credit demand, ...
- Paytm Q1 Results: Consolidated loss widens to Rs 839 crore, revenue plunges 36% YoYPaytm Q1 Results: One 97 Communications, the parent company of Paytm, reported a widened cons loss of Rs 838.9 crore in the June quarter, c...
- Paytm shares jump over 6% post Q1 resultsAt 2:15 PM, the stock was trading 4% higher at Rs 462.7 on the BSE. Despite a 23% increase over the past three months, it has fallen 45% ov...
- 10 money deadlines ending on December 31, 2023; Know which ones have been extendedThere were many deadlines which are scheduled on December 31, 2023 of which some have been extended. Here is a list of deadlines which are ...
- December 2023 money deadlines: Last dates for free Aadhaar updation, investing in special FDs, update bank locker agreementHere is a look at 10 important money deadlines in the month of December.
- Inactive UPI IDs will be deactivated by December 31, 2023 by payment apps: NPCIThe new circular issued by the NPCI asks the members of UPI (i.e., Third Party Service Providers and banks) to deactivate all the inactive ...
- What is the transaction limit for RuPay credit cards on UPI?The National Payments Corporation of India (NPCI) announced the transaction limit for RuPay Credit Cards on UPI. The limit for RuPay Credit...
- NPS subscribers: Bank account verification, name/PAN matching to get fasterPFRDA urges all CRAs and other intermediaries to incorporate PAN-PRAN- VPA(UPI) verification, which is made available by NPCI, into the dig...
- NPS voluntary contributions via D Remit can now be done via UPIThe Pension Fund Regulatory and Development Authority (PFRDA) has now enabled deposit of such contributions through UPI to further ease the...
- Inactive Mobikwik users face maintenance chargeE-wallet Mobikwik is going to charge consumers anywhere between Rs 100 and Rs 140 as “wallet maintenance charge” from inactive users, a fir...
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