UPI platforms: Page 2
RBI Introduces Single-Block-And-Multiple-Debit Functionality In UPI
Also, RBI has plans to expand the scope of Bharat Bill Payment System (BBPS) to include all categories of payments and collections, both recurring and non-recurring in nature
A Bumpy Start For RBI's e-Rupee
With its wholesale and retail pilots being live, will the central bank be able to create a loyal user base?
Indians Can Soon Pay Through UPI In Europe
The partnership between NIPL and Worldline aims at expanding acceptance of Indian payment means across Europe
T Rabi Sankar On RBI's Key Focus Areas For Financial Inclusion
Deputy governor of RBI said that RBI mainly focuses to scale the digital infrastructure while preserving the technical stability
NPCI Directs Payment Apps Not To Charge Platform Fee On BBPS
The reports said that government is likely to treat the unified payments interface (UPI) as public good in which customers do not required paying
Government Is Not Considering Any Charges For UPI, Says Finance Ministry
The ministry also said that the concerns of the service providers for cost recovery have to be met through other means
UPI Transactions Record 6 Billion Mark In July
PM Modi said this accomplishment indicates the collective resolve of the people of India to embrace new technologies and make the economy cleaner
Credit Cards Likely To Be Linked With UPI In Two Months
This comes in line after the announcement of RBI governor, Shaktikanta Das, on the allowing of linking the credit cards to UPI to facilitate payments
Google Pay To Allow Users Delete Their Transaction History
The company mentioned that switching on the personalization tab will provide users with more relevant offers and rewards based on activity within Google Pay
Paytm Payments Bank Has Lowest UPI Payments Decline Rate, Says NPCI
Paytm Payments Bank has the lowest technical decline rate of 0.02% among remitter banks and 0.04% among beneficiary banks, as opposed to about 1% rate of all other major banks
WhatsApp Payments Gets Support From SBI, ICICI Bank, HDFC Bank & Axis Bank to serve UPI customers across India
WhatsApp Payments currently is allowed to serve upto 20 million users
BharatPe Becomes Third Largest P2M UPI Payment Player, Surpasses GPay
BharatPe recorded INR 3,334 crore (USD 479 million) in transaction value in a total of 6.15 crore transactions for the month of November
UPI Transactions On the Rise: Is This Indicative Of a Systemic Shift?
If the current trend continues during the next two months as well, then the share of UPI transactions in the overall digital payment industry of the country could increase even further
UPI Crosses 2 Bn Transactions, But Why has BHIM Taken a Beating
BHIM accounted for 46.6 per cent of all UPI transactions by volume in July 2017, but this has sharply declined to a paltry 1.06 per cent in July 2020