UPI platforms: Page 2

News and Trends

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

News and Trends

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?

News and Trends

Indians Can Soon Pay Through UPI In Europe

The partnership between NIPL and Worldline aims at expanding acceptance of Indian payment means across Europe

News and Trends

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

News and Trends

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

News and Trends

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

News and Trends

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

News and Trends

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

News and Trends

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

News and Trends

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

News and Trends

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

News and Trends

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

Technology

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

News and Trends

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