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UPI SUCCESS RATE
While Europe negotiated FTA, this startup was already hosting India's internet economyA new trade deal between India and Europe opens doors for businesses. However, companies like Hostinger from Lithuania already found succes...
Your monthly spend also decides how soon you can retire: Expense tracking apps, AI tools are changing how Indians investExpense-tracking apps, spreadsheets, Artificial Intelligence (AI) -generated analysis, and budgeting dashboards are not merely bookkeeping ...
Microdrama apps chase telco bundles as subscription growth lags despite download surgeMicrodrama platforms are partnering with telecom operators to combat market fragmentation and boost subscriptions. With over 20 apps and si...
Shaktikanta Das reveals how India broke a ‘Chakravyuh’ and 7 steps for businesses to navigate war stormDuring a keynote speech, RBI ex-Governor Shaktikanta Das emphasised India’s remarkable ability to weather global storms. He referred to the...
How UPI can make India an architect of global financial connectivityIndia's triumph with UPI in digital payments is on the brink of revolutionizing cross-border money transfers. The goal is to enhance the sp...
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...
Bajaj Finserv's AI push; Govt's UPI fixBajaj Finserv chairman Sanjiv Bajaj says the company will launch a dedicated fund for AI startups. This and more in today's ETtech Top 5.
UPI cleanup drive: Govt asks banks, NPCI to curb failures, boost success ratesWith the digital payment landscape in India experiencing rapid growth, there is a growing call for banks to partner with the National Payme...
RBI deploys AI to counter surge in hacking attempts; urges payments industry to trust regulationThe RBI is using artificial intelligence to combat a surge in hacking attempts on its website, all of which were successfully blocked. A se...
SBI, Kotak Bank scheduled maintenance: UPI, net banking, NEFT services to be temporarily unavailable on these daysSBI and Kotak Mahindra Bank customers should be aware of scheduled maintenance this week. SBI's digital services, including UPI, IMPS, and ...
NPCI planning to let users save UPI IDs at merchant checkoutsThe National Payments Corporation of India (NPCI) is preparing a major overhaul of the Unified Payment Interface (UPI) online checkout expe...
ETtech Explainer: Why do UPI payments fail and what is NPCI doing to check these failures?Banks generally operate at 85-95% success rate on UPI with most of the transaction failures happening due to business problems. Over the la...
NPCI attributes UPI outage to excessive API calls; plans preventive measuresThe third such incident in two weeks was traced back to certain PSP banks repeatedly sending requests, including for older transactions, wi...
Cashfree receives NPCI certification for its own UPI switchCashfree can offer settlement of around 12,000 transactions per second with this certification. Cashfree has built this switch in partnersh...
UPI AutoPay top of charts in low-ticket recurring paymentsUPI AutoPay is the recurring payment mandate run by the NPCI on the UPI payment mode. Consumers usually use the feature to pay for their en...
Paytm launches UPI SDK to enable customers pay directly within the merchant appPaytm's UPI SDK is part of the existing UPI acquiring arrangement between Paytm Payments Services Ltd. and Paytm Payments Bank, under which...
- Where did we go right
DoI, developed by American researcher Everett Rogers in 1962, aims to study the adoption patterns of innovations or technology, describing ...
The Hunger Games that played out between food-delivery apps on Twitter on New Year’s eveThe live updates about the orders by Goyal and Majety provided inputs on how the two rival companies were handling the high volumes given Z...
Eight banks suffer a higher rate of failure in digital transactionsThe failure rate is being seen as a concern in the fintech and payments sector ahead of the full-scale launch of WhatsApp Pay
UPI scores 87% transaction success rate this MarchA success rate of more than 85% for UPI is ‘commendable’ given that cards are also in the range of 90%, top executives in the payments indu...