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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...- Can you use UPI abroad? Here’s what Indian travellers must know about charges, limits and security risksIndian travellers are increasingly using UPI abroad for convenient payments, but understanding its limitations and risks is crucial. While ...
- One MobiKwik Systems Q4 Results: Co swings to black with Rs 4 crore profit vs Rs 56 crore loss YoYOne MobiKwik Systems Q4 Results: One MobiKwik Systems achieved a net profit of Rs 4.38 crore in the fourth quarter of FY26. This marks a st...
- Digital banking platform Freo acquires credit marketplace IndiaLendsBengaluru-based digital banking platform Freo has acquired credit marketplace IndiaLends, which will continue to operate as a separate enti...
- UPI volumes report 3% dip in April to 22.5 billion transactions after record high numbers in MarchUPI transactions in April saw a minor dip from March but a 25% rise year-on-year. While UPI shows resilience, India's digital payments sect...
- Smaller UPI apps to demand fresh curbs on market leaders at NPCI meet: SourcesSmaller third-party UPI players are set to propose new curbs on market leaders like PhonePe, Google Pay, and Paytm to the NPCI. They aim to...
- NPCI's RuPay credit card fee cut will not impact its overall financial performance: Paytm to exchangesPaytm said NPCI has cut TPAP and Payer PSP fees on RuPay UPI credit card payments, affecting only consumer app revenue and not revenue earn...
- NPCI ups vigil on third party apps as it tightens scrutiny on fintechsAccording to multiple people in the know, the National Payments Corporation of India (NPCI) has increased its scrutiny of third-party payme...
- Why India must act now to prevent PhonePe and Google Pay's UPI Duopoly from becoming a national liabilityIndia's UPI faces systemic risk due to PhonePe and Google Pay's over 80% transaction dominance. Aggressive discounting and zero MDR create ...
- India Fintech Foundation asks govt, RBI to address concentration risk on UPI paymentsIndia Fintech Foundation has alerted the Finance Ministry and RBI about a major risk on UPI. Two companies now control over 80 percent of U...
- NPCI grants TPAP approval to Viyona FintechThis milestone enables Viyona to offer Unified Payments Interface (UPI) services in collaboration with partner banks, further strengthening...
- Paytm focusing on consumer payments business: CEOPaytm is prioritizing rebuilding its consumer payments business after facing regulatory setbacks. The company lost a significant number of ...
- BharatPe taps into consumer payments segment with launch of UPI offeringWith this, there are now two apps available in the public domain: BharatPe (earlier postpe), and BharatPe for Business.
- What latest NPCI approval for Paytm means for those using @paytm UPI handle
- RBI takes more actions on Paytm Payments Bank; Check details if you have @Paytm UPI handleThe Reserve Bank of India (RBI) has taken steps to ensure seamless digital payments for UPI customers using the @paytm handle, as Paytm Pay...
- NPCI in talks with RBI on UPI volume cap deadlineNPCI in November 2022 had proposed a 30% volume cap for third-party app providers (TPAP) in a bid to avoid concentration risk.
- NPCI in talks with RBI on UPI volume cap deadlineNPCI in November 2022 had proposed a 30 per cent volume cap for third-party app providers (TPAP) in a bid to avoid concentration risk.
- NPCI’s volume cap circular: Will limits on UPI transaction volumes impact India’s fintech sector?Being the sole umbrella organization for retail payments in India, NPCI is in a dominant position. Given the current regulatory framework, ...
- Concerns over transactions on third party apps like GPay can be redressed: NPCIThe NPCI said that "malicious news" is floating on social media which suggests that transferring money through Google Pay is not protected ...
- Google Pay operational validity under High Court lensA two-member bench of the Delhi High Court has ordered a “detailed hearing” on whether the payment platform operates as a TPAP, or a full-f...
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