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UPI PAYMENT MISTAKE
Digital arrest: How India’s fastest-growing scam uses fake investigations and video calls to siphon off croresThey pose as the police, put you under ‘digital arrest’, and tether you to a video call till your savings are gone. How India’s fastest gro...
Mumbai auto driver receives Rs 15,682 instead of Rs 156 from a CEO. Here's what happened nextMumbai auto driver Altaf receives Rs 15,682 that was accidentally transferred to him by a CEO rushing to a client meeting. What he did with...
Trust at scale: What it takes to build a resilient digital asset ecosystem in IndiaAs India leads global digital asset adoption, building a robust trust infrastructure is critical. The article emphasizes a systems approach...
UPI stocks Paytm, Mobikwik fall up to 4% after RBI proposes transaction fraud frameworkUPI stocks Paytm and Mobikwik fell up to 4% after the RBI proposed a framework to compensate customers for small value fraudulent transacti...
Digital Rupee vs Crypto: What the debate misses about the future of moneyIndia is seeing a digital money revolution with the Digital Rupee and crypto assets. The focus should be on user experience, not just techn...
Payments body seeks MDR return; Turkey opposition X-ed outThe Payments Council of India has sought the return of a merchant discount rate (MDR) for large merchants. This and more in today’s ETtech ...
Jumped deposit scam: Entering UPI pin casually can empty your bank account, know how you can protect yourselfJumped deposit scam: Scammers are using innovative methods to target UPI users these days. Sending money into your bank account is the easi...
New UPI scam: Fraudsters send you Rs 200.00 and ask to return Rs 20,000; how to protect yourself from UPI overpayment scamUPI overpayment scam: You should be careful before sending or accepting any UPI collect money request especially from unknown numbers or ID...
NEFT, RTGS rule change: Verify beneficiary names easily with new account name lookup facility; when can you use it?NEFT, RTGS rule change: There have been many instances where remitters remitted funds to the wrong beneficiary. This new rule will help to ...
Roll out 'beneficiary look-up' for RTGS & NEFT by Apr 1: RBIBased on the account number and IFSC code, the customer will be able to fetch the beneficiary's account name from the bank's core banking s...
HDFC Bank UPI services will not be available on these two days in November; check detailsHDFC Bank has announced that its Unified Payment Interface (UPI) service will not be available for two days in November due to essential sy...
Online payment frauds surging in the capital: How scamsters are fooling Delhi's netizensIn Delhi, there has been a significant rise in digital payment fraud, internet banking victimization, and fraud calls, with thousands of co...
New UPI fraud trend: Fraudsters spamming UPI IDs with multiple collect requests; one careless approval means money gone from bank a/cUPI scam: Fraudsters are decoding your UPI ID to send spam UPI collect money and autopay requests. These requests are all genuine, however ...
Never make these mistakes while doing a UPI transactionUPI has been the biggest hit in India in years, with online transactions seeing a massive surge as more and more people switch to the payme...
How to pay income tax using UPI, credit card, 4 other ways on new tax portalThe new e-filing income tax portal has introduced the facility of paying taxes. Earlier, taxpayers could use facility provided by NSDL webs...
Modi invokes Gandhi to bat for 'economic cleanliness'Modi said Gandhi gave importance to minor issues as he knew they had the potential to accomplish big resolutions. “My dear countrymen, neve...
Cashing in: 7 payment gateways for small businessesFinalizing a payment gateway for your business depends on various factors like integrations, currency support, proactive customer support a...
View: Cashless is good, so there's all the more reason to do it rightThe so-called cashless that is happening today fails on almost all these counts. It's based on either debit cards, or mobile wallets, with ...
Demonetisation: Why UPI could have been the perfect solution to fight cash woesThe infrastructure and base ingredients are there the banks just need to put them together with end customer experience at the center just ...
Easier money transfer through smartphones, tax benefits to merchants on digital deals: Raghuram RajanThe Governor said that despite the huge potential, activation rates and usage levels of electronic payment services remain at low levels th...