Tag: npci

Only 0.8% of UPI transactions face 'technical declines' now: NPCI
Posted in Economy

Only 0.8% of UPI transactions face ‘technical declines’ now: NPCI

National Payments Corporation of India’s managing director and chief executive Dilip Asbe on Tuesday said that the technical decline rates on UPI platform have fallen…

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

paytm: Payments firms slash cashbacks, incentives on funding drought

Consumer payment companies, which have been at the forefront of offering cashbacks and other incentives in a bid to grab a larger chunk of the…

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A cutlery vendor switches on Paytm, a digital payments firm, speaker for received payment details at a roadside market in Ahmedabad. (Used only for representation)
Posted in Business

NPCI allows Paytm to onboard new UPI users

The National Payments Corporation of India (NPCI) has granted approval to Paytm to onboard new UPI users, subject to the adherence to all procedural guidelines…

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It may become possible to use UPI to pay tax up to <span class=
Posted in Business

UPI transaction limit increased to ₹5 lakh for three types of payments: Date and details

It may now become possible to make a single transaction up to ₹5 lakh using the Unified Payments Interface (UPI) for a few specific purposes,…

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Aadhaar to be common framework to onboard customers for financial products: Senior RBI official
Posted in Economy

Aadhaar to be common framework to onboard customers for financial products: Senior RBI official

Aadhaar- the 12-digit unique identity number issued by the Unique Identification Authority of India (UIDAI)- will serve as a common framework for KYC or know…

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Gig workers prepare to deliver orders outside Swiggy's grocery warehouse at a market area in New Delhi, India, May 6, 2024. (Priyanshu Singh/Reuters)
Posted in Business

Swiggy launches Swiggy UPI, reduces number of payment steps from five to just one: How to set up and use

Aug 14, 2024 05:17 PM IST Swiggy claims that the new Swiggy UPI, powered by Juspay’s HyperUPI Plugin allows users to reduce transaction time from…

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UPI: Govt taking initiatives to expand UPI's global reach: Pankaj Chaudhary
Posted in Economy

UPI: Govt taking initiatives to expand UPI’s global reach: Pankaj Chaudhary

Minister of State for Finance Pankaj Chaudhary on Tuesday said the government and RBI have been taking various initiatives for expanding the global reach of…

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Ransomware attack: C-Edge is a technology service provider for cooperative and regional rural banks.
Posted in Business

UPI, IMPS, retail payments of these banks temporarily unavailable due to ransomware attack

Aug 01, 2024 08:38 AM IST NPCI said that C-Edge Technologies has been possibly impacted by a Ransomware attack which has affected a few of…

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RBI proposes new ways to authenticate e-payments
Posted in Economy

RBI proposes new ways to authenticate e-payments

The regulator, in draft guidelines, said that all digital payment transactions, other than card present transactions, will have to ensure that one of the factors…

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Posted in Finance

UPI, IMPS, retail payments of these banks temporarily unavailable due to ransomware attack on tech-provider

The National Payments Corporation of India (NPCI) has put out a notice that UPI, IPMS and other payment systems of certain banks will temporarily not…

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