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DIGITAL PAYMENTS RAILROAD
UPI transactions scale 14 billion peak in MayThe record high transactions come after a month-on-month dip in volumes in April to 13.3 billion, with the network dropping 1% from 13.44 b...- Paytm Bank's exit from UPI unlikely to be disruptiveIn a report on Tuesday, Macquarie Capital Securities expects a sharp reduction in Paytm revenues across various segments, anticipating an e...
- UPI processes 40% of global real-time payments: NIPL CEO Ritesh ShuklaThe National Payments Corporation of India’s (NPCI) digital payments railroad, Unified Payments Interface (UPI), is processing 40% of the g...
- NPCI pings govt, industry on UPI market share capThis follows a formal request from digital payments firm PhonePe to defer the January 2023 deadline by at least three years, they said. Goo...
- Take homegrown digital payments railroad, UPI across the world: Ashwini Vaishnaw to startups“I will request all the companies working in fintech, consumer space to look at it and make efforts to take it to the world. Can we expand ...
- WhatsApp Pay 'live' with SBI, ICICI Bank, HDFC Bank and Axis BankWhatsApp designed its payments feature on National Payments Corporation of India’s (NPCI) UPI system and was granted approvals to go live r...
- NPCI onboards 19 new shareholders including Amazon Pay, PhonePe, and PaytmNPCI had earlier asked more than 131 companies — including foreign banks, payment banks and payment system operators — to become its shareh...
- Big Tech's UPI cap expected to nurture ecosystem, peersRegulatory intent behind NPCI’s 30% market share limit for apps is to level the playing field for all participants, but enforcement may be ...
- HDFC offers cashback to small, medium merchants to encourage digital transactionsHDFC is targeting merchants with solutions on accepting payments, providing value-added services like creating a simple website for them, t...
- NPCI is looking to port UPI success to the rest of AsiaNPCI’s recently set- up subsidiary NPCI International and Euronet have jointly submitted a bid to the CBM to build the South Asian nation’s...
- NPCI looking to port UPI success to the rest of AsiaNPCI's recently set-up subsidiary NPCI International (NIPL) and Kansas-based fintech company Euronet have jointly submitted a bid to the Ce...
- India watchdog throws out antitrust complaint against WhatsAppA case in March alleged that WhatsApp was bundling its digital payment facility - WhatsApp Pay - within its messaging app for which it alre...
- Banking has faced only minimum disruption: Shaktikanta Das“Banks have been required to put in place business continuity plans to operate from their disaster recovery sites and to identify alternate...
- Paytm achieves Rs 29,000 crore GMV in AugustThe company also said it was registering more than 1 billion monthly sessions by users logging into the application for payments and money ...
- NPCI launches new-look UPI with overdraft facilityNilekani also touched upon the role of the central bank in spearheading the account aggregation guidelines.
- IDFC Bank ties up with ePayLater, facilitates loan disbursals through UPIThis will allow ePayLater customers to use the credit facility provided by the company to make payments at any outlets which accept UPI pay...
- UPI continues strong run in December, clocks 145 million transactionsUPI has benefitted highly from not only the increased adoption among consumers but also with more and more digital payment platforms using ...
- IDFC Bank ties up with TCS unit for Aadhaar PayIDFC Bank is the first to use this platform, which has the ability to service all types of customers including those with phones, cards, an...
- UPI off starting blocks but yet to pick up pace, falls short of Q1 target by 35%SBI, which joined UPI towards the end of 2016, said that around 35% of UPI transactions happen through its handle, though it might originat...
- No card, no PoS terminal needed; pay with your aadhaar soonIf the transaction is done through the Aadhaar network, there's no need for extra charges,“ said bankers aware of the discussions with the ...
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