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UPI PULL REQUESTS
IT rules could get tougher; Rubrik’s big India playHappy Wednesday! Experts have raised concerns over the proposed amendments to the IT rules. This and more in today’s ETtech Morning Dispatc...
ETtech In-depth: Banned in India, but it’s business as usual for offshore real money gaming firmsAn ET investigation found accessing betting websites to be child’s play, without even the need of a VPN. But getting money out of them isn’...
UPI rebounds from November dip, ends December with new high of 21.6 billion transactionsUPI hit record transaction volumes and value in December, rebounding after a softer November, driven by festive and year-end spending. Othe...
NPCI may push deadline to stop pull payments on UPI to minimise disruptionThe pull feature allowed users to request funds from each other. Specific merchant UPI IDs could also initiate payments through this. Howev...
NPCI to stop UPI P2P 'collect requests' from October 1 to combat fraudTo combat financial fraud, the National Payments Corporation of India (NPCI) has directed banks and payment apps to discontinue peer-to-pee...
ETtech Explainer: How the rise in online payment frauds pushed NPCI to kill ‘pull’ transactionsA pull transaction, which goes by “collect” or “request money” on some apps, is initiated by the recipient, who sends a payment request. Th...
No more international UPI transactions via QR share & pay, says NPCINPCI has recently disabled QR-based international share and pay UPI transactions, impacting P2M payments starting April 4, 2025. This chang...
To ease financial squeeze, fintechs mull seeking MDR restoration or higher subsidyThis comes in the background of the government allocating Rs 1,500 crore towards payment subsidy, while the industry was looking for Rs 5,5...
NPCI tweaks UPI; Govt’s fintech committeeHappy Tuesday! NPCI is slowly phasing out the ‘Collect Payments’ feature on UPI payment. This and more in today’s ETtech Morning Dispatch w...
NPCI looking to stop cons ‘pulling’ a fast one via UPINPCI plans to phase out ‘collect’ calls for merchant payments to curb UPI fraud. Authorities prefer ‘push’ transactions like QR code paymen...
What's 'jumped deposit' scam? Here's how UPI users can stay safeA new cyber scam called 'Jumped Deposit' targets UPI users. Scammers deposit a small amount in your account, and when you check your balanc...
CRED launches UPI peer-to-peer (P2P) payments: Important featuresOn CRED, members can now choose from a variety of payment methods, including bill payments, scan-and-pay, tap-to-pay, UPI P2P, CRED Pay, an...
LazyPay stops buy-now-pay-later payment product amid PPI concernsLazyPlus UPI had stopped onboarding new users last year as banking partners pulled out of the arrangement.
ADIF writes to MeitY Secretary about scams due to fraudulent ads on Google searchIn its letter, the industry body pointed to a recent incident of fraudsters advertising numbers disguised as customer support numbers of Mo...
‘Don’t trust anyone asking for money online’. Fintech boss Nithin Kamath cautions against phishing, lists ways to stay safeThe Zerodha CEO took to LinkedIn to educate his followers on phishing scams.
PhonePe, Google Pay adopt different modes to deal with NPCI UPI limitGoogle Pay is learnt to be reassessing its customer engagement initiatives—such as cashbacks—to bring its UPI market share to below 30%, Ph...
Fintech sector is back online after Yes glitchPhonePe added that merchants whose funds are stuck due to freezing of new nodal accounts of Yes Bank were also reimbursed after new account...
8 digital payment-related scams and how you can avoid themDo not seek help from strangers to complete payment transactions. Do not download apps, except recommended by seemingly-helpful people. ET ...
India leads the world in payment processes with UPIThe huge convenience of not having to log into multiple secure websites and applications is supplemented by security as well.
How UPI will disrupt the concept of payments in IndiaPaperless payments tools such as cards, netbanking and mobile wallets are on the rise, and have finally outperformed their paper-based coun...