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UPI TRANSACTIONS NEWS
Digital arrest: How India’s fastest-growing scam uses fake investigations and video calls to siphon off croresThey pose as the police, put you under ‘digital arrest’, and tether you to a video call till your savings are gone. How India’s fastest gro...- Top-level rejig hits mid-cap ITs; Fintechs wary of RBI wallet rulesHappy Thursday! Mid-sized IT firms are realigning leadership teams as AI-driven changes force a rethink. This and more in today's ETtech Mo...
- Rs 40 lakh return from Rs 22,000 investment? How ‘Quantum AI’ scam is misusing Nirmala Sitharaman’s name to lure investorsQuantum AI scam: A viral message falsely claims Finance Minister Nirmala Sitharaman is promoting a 'Quantum AI' investment scheme. It promi...
- Palo Alto Networks acquires Portkey; Tim Cook on Apple's India growthPalo Alto Networks is acquiring Portkey, doubling the AI infrastructure startup's valuation. This and more in today's ETtech Top 5.
- UPI underdogs seek fair play; WhatsApp tightens scam defencesSmaller UPI players will meet NPCI to curb the growth of industry leaders PhonePe, Google Pay and Paytm. This and more in today’s ETtech To...
- Inside AI-led digital storefronts; Lalit Keshre’s big ET Awards winHappy Monday! Digital platforms and brands are building their own AI storefronts. This and more in today’s ETtech Morning Dispatch.
- Paytm says no financial or business impact from PPBL action; services remain fully operationalPaytm has said that the Reserve Bank of India’s (RBI) action on Paytm Payments Bank Ltd (PPBL) will have no financial or business impact on...
- 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...
- There’s no free digital lunch: Why India must rethink UPI’s zero-fee modelSmall merchants are facing unexplained fees on UPI transactions, linked to RuPay credit card MDR. While UPI was promoted as free, these cha...
- UPI transactions rebound in July after June dipThis uptick in value and volume comes amid discussions on the cost of processing UPI transactions. Banks are beginning to levy charges on c...
- Subsidy on small-value UPI payments cut, banks look for ways to offset costIf India’s “free UPI” policy was already pinching banks, the government’s latest move has turned the screw further. A fresh cut in incentiv...
- UPI transactions to face charges? Finance Ministry issues clarificationThe Finance Ministry on Wednesday dismissed reports suggesting MDR charges on large UPI transactions, calling them false and misleading. Re...
- NPCI posts 37% jump in FY24 net profit to Rs 1,134 crore, revenue up 42%NPCI has reported a 37% growth in its net profit at Rs 1,134 crore for FY24. Total revenue was up 42% at Rs 3,278 crore on a consolidated b...
- Major changes in UPI 2023: Increase in transaction limits, UPI Lite X, NPS contributions, other big changes madeWith more and more people using the Unified Payments Interface (UPI) to make payments, the Reserve Bank of India (RBI) announced various us...
- Your casual digital transaction could lead to frozen bank account, police investigation. Read howA family in Ahmedabad found themselves trapped in an online fraud case after their UPI account was linked to a bitcoin trading scam. A teen...
- There has to be a governance layer if you operate in financial services sector: NPCI chief Dilip AsbeThe NPCI chief, who was in conversation with Pine Labs chief executive Amrish Rau, said currently there is still room for digital payments ...
- Third-party apps turn on UPI autopay modeAutopay allows users to make recurring transactions below Rs 5,000 through UPI apps. Most of these currently take place through card-based ...
- Reliance Jio launches UPI-enabled Jio Pay for select subscribersIt was earlier reported that Jio was working with the NPCI to bring UPI to its 388 million 4G subscribers.
- YES Bank's bet on UPI platform pays off, on course to topple BHIMYES Bank has been driving a large part of its UPI volumes through its partnership with Flipkart-owned PhonePe, which accounts for about 75%...
- WhatsApp all set to launch P2P payment services in India?What is important to note is the fact that WhatsApp has decided to go the UPI way for its payment system and not the more popular Digital W...
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