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RBI UPI GUIDELINES
From QR codes to fraud risks: 7 essential UPI facts every user should knowWe begin this new series with Bala, a curious young learner, as he explores money concepts. His first lesson: understanding UPI and digital...
Lost Rs 50,000 in digital fraud? Soon, you can get 85% amount back if you follow these rules - 3 calculations to explain how this worksAs per the latest RBI guidelines, if you have lodged a complaint for the fraudulent transaction within 5 calendar days, you shall be compen...
Top-level rejig hits mid-cap ITs; Fintechs wary of RBI wallet rulesHappy Thursday! Mid-sized IT firms are realigning leadership teams as AI-driven changes force a rethink. This and more in today's ETtech Mo...
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...
RBI sharpens compliance norms, expands use cases of UPI-linked wallets for foreign visitors under draft PPI normsThe Reserve Bank of India has unveiled draft guidelines for prepaid payment instruments. These new rules aim to strengthen compliance and c...
RBI proposes measures to strengthen Prepaid Payment Instruments frameworkThe Reserve Bank of India is introducing new rules for Prepaid Payment Instruments. These changes aim to boost the long-term growth of thes...
No two-factor authentication needed for payment up to Rs 15,000 through e-mandate; higher recurring limit for these transactionsThe Reserve Bank of India introduces a new e-mandate framework for digital payments effective 2026. As per new rules, all recurring transac...
UPI rules: UPI 123Pay transaction limit to increase from Rs 5,000 to Rs 10,000UPI guidelines for UPI 123Pay features: UPI 123Pay is a Suite of solutions developed for Non Smart phone, feature phone users to use the UP...
Paytm receives approval from NPCI to onboard new UPI usersPaytm parent firm One 97 Communications said on October 22 that the National Payments Corporation of India (NPCI) has given approval to the...
UPI for foreign travellers, NRIs: Passport, visa physical verification must for issuance; RBI releases guidelinesRBI on February 10, 2023, released guidelines on the issuance and use of Unified Payments Interface (UPI) by foreign travellers and Non Res...
RBI's proposal to link credit cards to UPI may benefit fintech platforms, say brokerage firms"In our view, this could potentially increase credit card penetration and expand the scope of digital payments in India, positively impacti...
Have no responsibility to audit members of UPI ecosystem: RBI tells Supreme CourtThe Reserve Bank of India (RBI), in its affidavit filed in the top court, also said that the matters related to data privacy and data shari...
How WhatsApp got UPI licence: SC seeks reply from NPCIThe Supreme Court on Monday asked National Payment Corporation of India (NPCI) to file an affidavit explaining how WhatsApp was granted lic...
Allowed to share GPay customer transaction info with 3rd parties with NPCI permission: Google to HCGoogle, in its affidavit, has contended that under the UPI procedural guidelines, issued by the NPCI, apps like GPay are permitted to share...
HC seeks Centre, RBI response on plea alleging guidelines violation by Google PayA bench of Chief Justice D N Patel and Justice Prateek Jalan issued notices to the authorities and also Google India Digital Service Pvt Lt...
RBI nod to UPI transactions for recurring paymentsThis facility was earlier available for card and wallet based payments.
RBI extends recurring payments feature to UPIThe new functionality will allow UPI users to bypass additional factor authentication (AFA) every time a payment is made to a regular merch...
RBI releases norms for facilitating money transfer among e-walletsThe guidelines elaborate on requirements for achieving inter-operability for mobile wallets and cards, and norms for customer protection an...
RBI’s on track to release wallet interoperability rules in a monthInteroperability, that allows transactions between digital wallets, is expected to bring a paradigm shift in the digital payments industry.
WhatsApp all set to launch P2P payment services in India?What is important to note is the fact that WhatsApp has decided to go the UPI way for its payment system and not the more popular Digital W...