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NPCI UPI PIE
P2P payments being evaluated for UPI One World: sourcesThe UPI One World service, currently used by foreign travellers in India for merchant transactions, may soon expand to include interpersona...19 Dec, 2024, 06.00 AM IST- Payments firms slash cashbacks, incentives on funding droughtConsumer payment companies like PhonePe, Paytm, Amazon Pay, and Cred have significantly reduced their marketing expenditures and customer i...31 Oct, 2024, 06.00 AM IST
- ETtech In-depth | Bhim promised the moon but failed to deliver. Can NPCI turn it around?NPCI plans to rejuvenate its Bhim app by creating a separate subsidiary and appointing a new CEO. The aim is to challenge dominant players ...25 Aug, 2024, 04.58 PM IST
- Govt looks for a fix in Google vs Indian apps; NPCI eyes evenly-sliced UPI pieAs Google and Indian internet firms face off on billing, the government is seeking a return to the status quo and a “long-term solution”. T...05 Mar, 2024, 07.47 AM IST
- NPCI eyes a more evenly sliced UPI pieAs of now, Walmart-backed PhonePe and Google Pay already control more than 80% of the UPI market between them, while Paytm has under 12%. H...05 Mar, 2024, 06.00 AM IST
- Why Indian banks want US card networks like Visa and Mastercard to have a share of UPI pieUS card networks may get to tap small Indian retailers who otherwise can’t afford them. On that hangs a tale of rivals putting profit befor...17 Jan, 2023, 07.24 AM IST
- Paytm, PhonePe, Google Pay divided on UPI market share cap; government won’t interveneSenior officials told ET that the mandate to decide on this issue lies with the NPCI and the Reserve Bank of India. However, the Centre wil...03 Nov, 2022, 09.35 AM IST
- Payment nationalism is not a negative, says Visa Inc's Vasant PrabhuPrabhu said nationalism is not new and that Visa has seen many countries in Europe creating their own domestic schemes in the 1960s and 197...11 Dec, 2021, 06.44 AM IST
- Scoop: Amazon-ICICI Bank-Axis Bank ready with NUE plan to rival UPIAlong with ICICI Bank and Axis Bank, Amazon has also partnered with fintech startups Pine Labs and BillDesk to set a 'New Umbrella Entity' ...24 Feb, 2021, 08.07 AM IST
- US tech, retail majors dominate UPI platformAmazon Pay, which has shown the highest growth in the last two months, is not the only one to have increased discounts.11 Jun, 2020, 10.51 AM IST
- NPCI sets up subsidiary for exporting UPI to international markets: RBI governorUPI is an interoperable instant fund transfer technology created by NPCI that enables interbank fund transfer. There are currently 140 memb...16 Dec, 2019, 02.53 PM IST
- Payment platforms vie for merchant UPI transfersPhonePe claimed it had recorded 90 million merchant transactions through the app in August alone.06 Sep, 2019, 08.32 AM IST
- Google Pay edges ahead in UPI sweepstakesThe tech giant’s payment offering recorded more than 240 million transactions in May 2019. PhonePe clocked around 230 million, followed by ...04 Jun, 2019, 07.59 AM IST
- A new milestone: UPI tops 300 million monthly transactionsUPI registered 312 million transactions in August, NPCI data shows, up 32% from July, when it clocked 235.6 million transactions.03 Sep, 2018, 08.51 PM IST
- All UPI apps have to support BharatQR: NPCIUPI has been at the centre of many controversies with big bang players like WhatsApp, Paytm, PhonePe, Google Tez all vying for a larger sha...20 Mar, 2018, 12.17 PM IST
- PhonePe doesn’t think Paytm UPI is at the topFlipkart owned PhonePe tries to puncture rival Paytm’s claim of holding the largest market share of UPI payments for February.09 Mar, 2018, 07.58 PM IST
- Real-time money transfer via Unified Payments Interface becomes a realityUnified Payments Interface, which allows real-time transfer of money between bank account using smartphones is touted to be the biggest dev...26 Aug, 2016, 10.36 AM IST
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