Tag: upi lite
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,…
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…
RBI enhances transaction limits on UPI123 & UPILite
The Reserve Bank of India (RBI) has announced a series of measures around UPI123Pay and UPI Lite to encourage wider adoption of UPI. It increased…
UPI Lite per transaction limit hiked to ₹1,000; UPI Lite wallet limit raised to ₹5,000
₹1,000; UPI Lite wallet limit raised to ₹5,000§ion=Business&subSection=&impression=true” width=”100%” height=”0px” style=”display:block” frameborder=”0″ scrolling=”no”> Oct 09, 2024 11:22 AM IST RBI raises UPI lite transaction limit…
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…
Paytm: Paytm CEO Vijay Shekhar Sharma expects more revenues from expanding UPI use cases
Expanding use cases of the unified payments interface (UPI) to instruments beyond bank accounts could lead to revenue generation for Paytm, the company’s founder and…
upi lite: Paytm says operating level profitability ‘sustainable’
Paytm’s parent entity One 97 Communications Ltd, which last week reported positive earnings before interest, taxes, depreciation, amortisation and employee stock option costs of Rs…
upi: UPI Lite on Paytm, PhonePe soon for smaller epayments
In what could give a significant leg up to the National Payments Corporation of India’s (NPCI) UPI (Unified Payments Interface) Lite offering, two leading third-party…