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Delhi HC issues notice to NPCI over alleged patent infringement on UPI credit card paymentsThe Delhi High Court has notified NPCI regarding allegations by On4Off Trading of patent infringement. On4Off claims NPCI uses their patent...- Some ATMs to retract cash to tackle fake shutter overlay fraud: RBIThe Reserve Bank of India is partially reactivating ATM cash retraction, a feature disabled in 2012 due to fraud. This move combats a new "...
- Hot Stocks: Brokerages on Paytm, Info Edge and Westlife FoodBrokerage actions may impact One 97 Communications, Info Edge (India), and Westlife Foodworld. Jefferies sees NCPI approval for Paytm. BofA...
- India in talks with different countries to make RuPay acceptable in their nation, says Sitharaman"We are working together with several countries," Sitharaman said in response to a question from an Indian student at the University of Mar...
- Payment giant NPCI has SWIFT alternative for 32 million Indian expatsSuccessful overseas forays by NCPI would give India a home-grown alternative to SWIFT, the Belgium-based cross-border payment system operat...
- Govt improving cyber fraud redressal mechanism on National Consumer HelplineAmid rising number of cyber fraud complaints even on National Consumer Helpline (NCH), the Consumer Affairs Ministry has tied up with its H...
- The world could be about to wake up to the next big thing in bankingWith Nexus, it’ll be possible before hitting “Send” to establish if the payment will succeed. For instance, by validating that the recipien...
- e-RUPI: What is it? How does it work?e-RUPI is the Indian government’s move towards introducing digital currency in the country, developed by the National Payments Corporation ...
- Not allowed WhatsApp to go live for full-scale UPI operations: RBI tells Supreme CourtThe central bank said it had advised the National Payment Corporation of India (NPCI), which manages the UPI system, to not permit WhatsApp...
- E-pay platform NPCI to face competitionIn India, currently, the NPCI is the only entity that provides an ecosystem for payments.
- NPCI offers recharge option for FASTag through BHIM UPIAny BHIM UPI-enabled mobile app would now give vehicle owners the opportunity to recharge their FASTags on the go and avoid queues at toll ...
- T-Hub launches Fintech Accelerator program in partnership with DST, NPCIT-Hub will help NPCI source the most innovative solutions that could help bring efficiencies to national-level payments platform.
- Payment platforms vie for merchant UPI transfersPhonePe claimed it had recorded 90 million merchant transactions through the app in August alone.
- UPI transactions up 9% month-on-month in July to 822 millionAs per the latest statistics shared by the NPCI, UPI transactions crossed 800 million during the month, up from 754 million in June, after ...
- RuPay has issued 64 million global cards using the Discover networkThe cards are accepted across 41 million merchants in 190 countries and have more than 200 offers running.
- NPCI may launch UPI 2.0 this weekMerchants can block amount in customer’s A/c as security without reauthorisation.
- NPCI's BHIM App crosses 16 million download markCurrently, the 1.3 version of the app is available on Google Play Store and Apple Store and soon a new update (Version 1.4) of the app will...
- RuPay credit cards to roll out next yearAbout 13 per cent of total transactions on ATM , Point of Sale and Ecommerce have come through the scheme within a year of introduction of ...
- NCPI to launch another real time fund transfer mechanismNCPI will launch one another real time fund transfer mechanism christened as "Unified Payment Interface" - a single interface across all sy...
- NCPI launches payment gateway RuPayRuPay is the brand name of domestic card scheme floated by the NPCI and it is the Indian equivalent of Visa or MasterCard payment systems.
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