Tag: national payments corporation of india

UPI payment failures due to technical issues fall below 1%
Posted in Economy

UPI payment failures due to technical issues fall below 1%

Technical payment failures on the United Payments Interface (UPI) platform have become rare, dropping to 0.7% from over 8% in 2016, according to Dilip Asbe,…

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NPCI International Payments Limited is set to establish a digital payments system in Trinidad and Tobago, modeled after India's UPI. This venture aims to support various transaction types and follows NIPL's earlier agreements with Peru and Namibia, with ongoing discussions in Africa and South America.
Posted in Business

NPCI to develop payments system- like India’s UPI- for Trinidad and Tobago

Sep 27, 2024 12:30 PM IST NPCI International Payments Limited will develop a digital payments system for Trinidad and Tobago, based on India’s UPI. The…

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israel: Israel's judicial proposals prompt startups to relocate: government agency
Posted in Startups

Paytm’s woes trigger fresh worries on UPI market share duopoly

The growing popularity of Unified Payments Interface (UPI) has brought focus back on a critical aspect of this payment mechanism: concentration risk and a highly…

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israel: Israel's judicial proposals prompt startups to relocate: government agency
Posted in Startups

Paytm: Paytm’s UPI payments: Two contrasting trends

Digital payments major Paytm, which is run by One 97 Communications, has seen a stagnation in Unified Payments Interface payments originating from its payments bank…

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israel: Israel's judicial proposals prompt startups to relocate: government agency
Posted in Startups

phonepe: PhonePe crosses 500 million registered users, alters top deck

Digital payments major PhonePe made few key changes to its top deck, elevating multiple business heads to the position of chief executive of its new…

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israel: Israel's judicial proposals prompt startups to relocate: government agency
Posted in Startups

razorpay: Razorpay bolsters Malaysia play, procures licence for direct merchant onboarding

Even as new onboarding remains paused domestically, digital payments provider Razorpay on Thursday said it has procured the necessary licence to directly onboard new merchants…

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Meesho co-founders Vidit Aatrey, CEO, and Sanjeev Barnwal, CTO.(TIME/ Meesho)
Posted in Business

TIME’s 100 most influential companies: Two Indian firms in the list

The TIME on Wednesday released its list of 100 most influential companies of this year. The list is divided into five categories titled: Leaders, Disruptors,…

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israel: Israel's judicial proposals prompt startups to relocate: government agency
Posted in Startups

walmart: Flipkart and PhonePe could be $100 billion businesses in India, Walmart says

Walmart‘s Flipkart marketplace and PhonePe payments business in India could be $100 billion businesses buoyed by strong growth, the retailer’s chief financial officer said on…

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Tokenization is a simple technology to secure card transactions without sharing clear or real card details with the merchants.
Posted in Business

RuPay goes live on CVV-less payments for tokenized cards

RuPay has now introduced the CVV (Card Verification Value) free payment experience for its debit, credit and prepaid cardholders who have tokenized their cards on…

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aadhaar: Centre asks states to link Aadhaar with bank accounts of workers by May end, identify 'laggard areas'
Posted in Economy

aadhaar: Centre asks states to link Aadhaar with bank accounts of workers by May end, identify ‘laggard areas’

The Centre has asked states to identify “laggard” areas, where the linking of workers’ Aadhaar with bank accounts is still not complete, to ensure the…

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