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...
20 Sep, 2022, 06.10 AM IST
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 ...
05 Jul, 2022, 08.26 PM IST
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...
16 Dec, 2020, 12.15 PM IST
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...
26 Nov, 2020, 06.52 PM IST
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 ...
10 Nov, 2020, 07.00 AM IST
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...
30 Oct, 2020, 04.46 PM IST
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...
29 Oct, 2020, 09.37 AM IST
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...
29 Oct, 2020, 06.49 AM IST
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...
20 Aug, 2020, 08.09 AM IST
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...
18 Apr, 2020, 07.19 AM IST
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 ...
03 Sep, 2018, 04.29 PM IST
NPCI launches new-look UPI with overdraft facilityNilekani also touched upon the role of the central bank in spearheading the account aggregation guidelines.
17 Aug, 2018, 09.13 AM IST
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...
04 May, 2018, 02.03 PM IST
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 ...
03 Jan, 2018, 12.00 AM IST
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...
16 Nov, 2017, 11.42 AM IST
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...
11 Jul, 2017, 11.57 PM IST
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 ...
27 Dec, 2016, 09.44 AM IST