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MERCHANT ONBOARDING IN UPI
BharatPe Flex launched: Pay via UPI now, settle bills later with credit line and up to 45 days of interest-free usageBharatPe and YES Bank introduce BharatPe Flex, a new credit-on-UPI service. This facility allows eligible users to make UPI payments even w...- RBI's new draft guidelines have digital wallets feeling the pinchFounders and senior industry executives told ET that the new draft guidelines released by the RBI on April 22, if implemented in the curren...
- Rewiring payments for the AI era: Inside PayU’s transformation playPayU is ramping up its AI-led payments push, building infrastructure for agentic commerce as UPI volumes surge and digital transactions sca...
- RBI brings cross border transactions under e-mandate rules, allows customer to opt out anytimeThe Reserve Bank of India is enhancing digital fraud prevention. Cross-border recurring electronic payments via cards, prepaid instruments,...
- From Rs 20 chai transactions to Rs 285 lakh crore flows; UPI marks a decade of India's payments revolutionIn the last 10 years, UPI has registered a 12,000-fold surge in volume and over 4,000 times increase in value — that's 17.86 million transa...
- Digital onboarding to ease KYC for foreigners using UPI for paymentsThe National Payments Corporation of India (NPCI) is in the final leg of simplifying the KYC process for its UPI One World service, which i...
- RBI unveils four digital payments initiativesThe RBI has launched four digital payment initiatives at the Global Fintech Fest to enhance customer convenience. These include AI-based UP...
- FM Nirmala Sitharaman asks NPCI to address infrastructure gaps to prevent future disruption of UPIFinance Minister Nirmala Sitharaman urged stakeholders to address UPI infrastructure gaps, aiming for one billion daily transactions in 2-3...
- Cashfree Payments’ UPI Switch to help small businesses reduce risk and create space for innovationThe tool allows merchants to access new UPI versions and features as they are launched, along with improved fraud prevention capabilities.
- Paytm charts plan to drive profitability post RBI debacle; co to 'aggressively' acquire UPI customersPaytm reported a consolidated profit of Rs 928.3 crore for the quarter ended September 2024, largely due to a one-time gain in its ticketin...
- 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...
- HDFC Bank onboards 1 lakh customers and 1.7 lakh merchants on CBDC platformPrivate lender HDFC Bank on Thursday said it has onboarded over 1 lakh customers and 1.7 lakh merchants under the Central Bank digital curr...
- Payment gateways still charge for UPI, RuPayAccording to banking sources, the Central Board of Direct Taxes has directed query to payment service providers on their position with rega...
- Soon, you can pay via UPI all over the worldThe NPCI is working to enable this feature within next 6 months, starting with UAE and Singapore, sources said.
- UPI just became easier for small companiesNPCI has said that these small merchants will have a ₹50,000 per month limit and the acquirer is not allowed to charge anything to the merc...
- Small payment companies look to cash in on digital pay boomA clutch of small payment entities like Trupay and Benow are trying to take retail cash payments digital.
- Payment gateway services provider PayU joins UPIIn less than three months, it has grown much more as compared to the growth of its wallet business in the first year as far as transaction ...
- Hike, Yes Bank tie up for UPI paymentsThe partners have claimed that this is the first time in India that a large mobile chat platform has embedded a payments solution in its ap...
- Banks guard digital payments turf from private m-wallet companiesBanks are offering gift vouchers, Rs cashbacks' and big-ticket gifts like cars to lure more customers to their digital platforms.
- Banks wake up to digital reality, chase small vendorsSince UPI allows direct transfer of funds within bank accounts, it is seen scoring over mobile wallets.
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