Tag: npci
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…
Paytm Bank’s exit from UPI unlikely to be disruptive
MUMBAI: Paytm Payments Bank’s regulator-mandated virtual exit from the UPI platform may not have as disruptive an impact on the cashless transaction ecosystem as is…
PNB launches IVR based UPI 123PAY: How to use, other features
Punjab National Bank (PNB) has launched an IVR-based UPI solution, UPI 123PAY, in line with the Digital Payment Vision 2025 of a cashless and cardless…
upi lite paytm: UPI Lite has gained traction on Paytm, says fintech company
Fintech major Paytm has garnered six million customers within three months of the launch of UPI Lite on its payments app. Additionally, the company is…
ekyc aggregator: UIDAI, NPCI to set up eKYC aggregator
Thousands of regulated entities in the financial sector stand to benefit from a KYC plan in the works. The Unique Identification Authority of India (UIDAI)…
Govt may consider 0.3% fee to maintain UPI payment system & ensure financial viability: Report
The government may consider a 0.3 per cent uniform digital payment facilitation fee to fund the infrastructure required for such transactions and also to ensure…
upi: NPCI chief says basic UPI services will remain free
Kumarakom: The basic UPI services will continue to remain free, and India will reach an agreement with some of the countries by the end of…
Paytm answers if customers need to pay fee on UPI payments
Digital payments firm, Paytm, on Wednesday clarified doubts over National Payments Corporation of India’s (NPCI) latest circular notifying that an interchange fee of up to…
Will online payments become costlier? NPCI recommends this…
Online payment is set to become costlier after the National Payments Corporation of India (NPCI), in a notice, suggested charging interchange fees on merchant transactions…
Amazon Pay: These customers can now repay loans on Amazon Pay using Bharat BillPay; here’s how
Amazon Pay has strengthened its loan repayment category in partnership with Bharat BillPay as part of its ongoing efforts to improve user experience and safety….