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UPI COMPLIANCE TIMELINE
Nandan Nilekani, Pramod Varma eye AI-led global rails for commerce in next leapThe architects of India’s digital public infrastructure (DPI), Nandan Nilekani and Pramod Varma, are now attempting their next leap: buildi...- India’s next reform push must target cost of doing businessIndia faces high business costs impacting competitiveness. Addressing credit, land, input, logistics, and compliance expenses is crucial. B...
- Fino Payments Bank denies GST evasion, rejects betting linksFino Payments Bank said it has not evaded GST or promoted betting after its MD & CEO Rishi Gupta was arrested by the Directorate General of...
- Make UPI transactions faster soon: Thanks to this move by NPCI these transactions to be processed 50% fasterStarting June 16, 2025, UPI transactions are set to become faster, with completion times reduced to as low as 15 seconds. NPCI's mandate ai...
- PhonePe converts to public company ahead of planned IPOAs part of the transition, the firm has also changed its name from "PhonePe Private Limited" to "PhonePe Limited.” Walmart chief executive ...
- Key money updates in 2025: Major changes to UPI, credit card lounge access, fixed deposit, income tax and EPFOMoney changes in 2025: The new year brings several financial rule changes, including revised fixed deposit (FD) regulations for non-banking...
- 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...
- Sebi board meeting: Nothing on F&O regulation, new asset class for HNIs, and other top announcementsDespite expectations, SEBI has decided not to curb weekly F&O expirations or raise minimum contract sizes for now. This comes as the regula...
- Sebi cuts listing time to T+3 working days for public issue of debt securitiesSebi on Thursday decided to reduce the timeline for listing of public issue of debt securities to three working days from six days at prese...
- Industry keenly awaiting implementation of 30 pc UPI market share cap by NPCIAs the deadline looms for the NPCI's 30% UPI market ceiling, industry players are eagerly anticipating the upcoming measures to meet this c...
- ETtech In-depth: Decoding the UPI growth story through the eyes of a duopolyIf the third largest UPI payment app further loses market share, there is a high chance that the likes of PhonePe and Google Pay will benef...
- RBI orders halt on Paytm Payments bank transactions: How will customers be affected?RBI orders Paytm Payments Bank to halt deposits and credit transactions post-Feb 29, 2024, citing persistent non-compliance and supervisory...
- NPCI extends UPI market share cap deadline by two yearsMove brings relief to Walmart-backed PhonePe and Google Pay; Paytm believed to be against deadline extension.
- UPI market share rules postponed; Amazon plays down India layoffsIn November 2020, the National Payments Corporation of India announced controversial new rules that sought to cap the market share of indiv...
- UPI based transfer via Aadhaar OTP to be allowed by banksAadhaar OTP authentication instead of debit card for customer onboarding on Unified Payments Interface (UPI) to allow customer onboarding o...
- Your recurring payments won't fail from April 1 as RBI extends deadlineThe extension aims to prevent any large scale "customer inconvenience and default", the central bank said in a circular on March 31.
- Not allowed WhatsApp to go live for full-scale UPI operations: RBI tells Supreme CourtThe central bank said it had advised the National Payment Corporation of India (NPCI), which manages the UPI system, to not permit WhatsApp...
- WhatsApp can’t start payments business, RBI tells SCNPCI manages UPI, which clocked over a billion transactions last month. The SC had recently asked RBI to update it on WhatsApp’s data local...
- WhatsApp yet to ping storage timeline to NPCIWhatsApp, as of now, is mirroring payments data -- keeping a copy of it overseas. The payments service is still restricted to about 1 milli...
- Payments proving to be one hurdle too many for WhatsAppChances of WhatsApp going live with payments anytime soon seems bleak as it hits one roadblock after another.
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