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RuPay now accounts for 16% of credit card spending, says NPCI MD Dilip AsbeAround 16% of India's credit card spending occurs on the RuPay network, driven by UPI-linked credit cards. With more than 30 banks issuing ...
RuPay accounts for 16% of credit card spending, with half driven by UPI: NPCI's Dilip AsbeIn January, UPI processed 16.9 billion transactions, amounting to a transaction value of Rs 23.48 lakh crore. However, Visa and Mastercard ...
India powers Apple supply; Zerodha’s trading slumpApple’s India manufacturers are shipping components for MacBooks and AirPods to China and Vietnam. This and more in today’s ETtech Top 5.
NPCI to build 5 lakh sq ft HQ in Mumbai's BKCThe National Payments Corporation of India plans to build a 5 lakh sq ft office space in Bandra Kurla Complex, accommodating 5,000 employee...
NPCI to set up 5,000-person R&D centre, establish global headquarters in MumbaiAt a Mumbai tech week event on Friday, CEO Dilip Asbe revealed that the company is building an R&D and experience centre with a capacity of...
NPCI's Bharat BillPay spots a big opening in education fee paymentsNPCI Bharat BillPay sees digitising education fee payments as a major opportunity, aiming to onboard schools and colleges onto its Bharat C...
Relief for PhonePe, Google Pay as NPCI extends proposed 30% UPI market share cap deadline to end-2026The National Payments Corporation of India has extended the cap on volumes processed by Unified Payments Interface applications by two more...
M1xchange and Bharat BillPay partner to accelerate MSME growth with integrated financingM1xchange has partnered with NPCI Bharat BillPay Ltd. to offer low-cost invoice financing directly from accounting software. This collabora...
ETtech In-depth | Bhim promised the moon but failed to deliver. Can NPCI turn it around?NPCI plans to rejuvenate its Bhim app by creating a separate subsidiary and appointing a new CEO. The aim is to challenge dominant players ...
Indians can now pay via UPI in QatarIndians visiting Qatar will soon benefit from the convenience of making payments via UPI, thanks to an agreement signed between NPCI Intern...
NPCI allows Paytm to become third-party application on UPI with four banksThe permission will allow Paytm to offer UPI payment services through a multi-bank model, like rivals PhonePe and Google Pay, moving away f...
PhonePe, Paytm, SBI and others go live on India-Singapore cross-border UPI-based paymentsThis feature helps the Indian diaspora in Singapore to send funds into their Indian bank accounts directly via UPI.
Paytm complains to NPCI on Cred’s UPI gamblePaytm, owned by One97 Communications Ltd, has been pushing to grow its offline acceptance network over the past few years and create its ow...
Karnataka Bank launches KBL FASTagBank’s MD & CEO Mahabaleshwara MS said customers could buy the FASTag through online from the bank’s website or by visiting its branch.
ETtech Morning Dispatch on Feb 24, 2021: Grofers is getting SPACed, Amazon readies NPCI rivalHere's a look at the top tech news to start your day.
India found cybersecurity lapses at National Payments Corporation in 2019: Govt documentThe audit, which took place over four months to February 2019, highlighted a lack of encryption of personal data at the National Payments C...
Indian Overseas Bank goes live with Bharat Bill Payment systemThe services include online payments of electricity, telecommunication, DTH, water and gas bills, the Chennai headquartered bank said in a ...