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PHONEPE UPI WITHOUT INTERNET
No smartphone, no internet, no problem: PhonePe launches UPI 123Pay to let 200 million+ feature phone users make digital payments; here’s how it worksPhonePe has unveiled UPI 123Pay, a new service for feature phone users that enables seamless transactions without an internet connection. T...
PhonePe launches UPI payments for feature phones on 123PayPhonePe has launched a UPI app for feature phones, allowing users to make payments without mobile data. The SMS-based PhonePe UPI 123Pay co...
UPI’s market share expands more at debit, credit cards’ expenseUPI now dominates India's digital merchant payments, capturing a significant market share. Credit and debit cards are steadily losing their...
Opinion: The problem with a threshold-based MDRThe ongoing discussions around UPI pricing are shifting towards ensuring system financing while still promoting widespread adoption. Consum...
The 'trustworthy' changes in the lives of India's middle classDigital payments and tax reforms have significantly altered middle-class spending habits. GST has streamlined consumption taxes, impacting ...
India needs a transparent rulebook for the business of influenceIndia lacks a transparent framework for public scrutiny of lobbying efforts. The recent debate over UPI merchant discount rates highlights ...
DPIIT inks MoU with PhonePe, Shell India to support startupsUnder its collaboration with DPIIT, PhonePe will provide DPIIT-recognised startups with a range of benefits, including transaction credits ...
From AI strategy to enterprise execution: The leaders shaping India’s AI transformationThe Economic Times AI Business Transformation Masterclass & ET Most Innovative AI Product Awards 2026 brings together leaders from NVIDIA, ...
Navi’s FY26 loss widens fourfold on UPI investments; eyes FY27 profitabilityNavi reported a notable increase in net losses for FY26, largely attributed to its strategic investments in UPI and new market initiatives....
Building for scale, security and privacy: Inside PhonePe’s AI playbookAs AI capabilities become more deeply embedded across products and platforms, the interface itself becomes less visible. What matters is wh...
Man loses Rs 9,800 after scratching a fake UPI cashback card; consumer commission orders Federal Bank to pay 17,800; know whyA man lost Rs 9,854 after falling for a fake UPI cashback scratch card scam. Federal Bank initially refunded the amount as required under R...
Indian diaspora could be UPI’s ticket to the global payments mapNPCI plans to expand UPI internationally by targeting countries with large Indian diaspora populations, with CEO Dilip Asbe saying it could...
PhonePe, Razorpay back selective UPI charges for large merchantsPhonePe cofounder and chief executive, Sameer Nigam, and Razorpay cofounder and chief executive, Harshil Mathur, have argued in favour of a...
PhonePe, Razorpay chiefs say UPI will stay free for users, back sustainable modelPhonePe and Razorpay leaders affirmed UPI payments will stay free for consumers. They support sustainable revenue models for payment infras...
SBI cannot separately calculate UPI costs: Chairman CS SettySBI chairman CS Setty said banks cannot separately quantify the operating costs linked to rising UPI volumes. As debate over merchant charg...
SBI missed digital payments bus, now playing catch-up with YONO Pay: Chairman CS SettyState Bank of India chairman admits missing digital payments bus, while YONO app attempts to catch up. Banks and fintech firms argue UPI me...
Payments Council backs UPI merchant charges, says users, small businesses will remain exemptPCI said small merchants, including kirana stores, should not be charged for accepting UPI payments. Any merchant service charge would be a...
PhonePe's Rs 100 daily RD: How it works; app also adds FD investment optionWith its latest feature, PhonePe now allows users to easily invest in daily recurring deposits via its user-friendly app. Starting investme...
Payments bill revives hopes of MDR return on large-ticket UPI transactionsET was the first to report on July 16 that the government is considering reintroducing MDR for UPI transactions undertaken by large merchan...
PhonePe Mutual Funds sees 5X growth in Daily SIP transactions driven by demand from smaller citiesPhonePe Mutual Funds onboarded over 500,000 unique investors into its Daily SIP product. Nearly seventy-seven percent of these customers ca...