Tag: UPI
Google Praises India’s UPI Platform; Wants US Federal Bank to Replicate It
In a thumbs up to Indian government's Unified Payments Interface (UPI) scheme, Google has written to the US Federal Reserve Board detailing the successful...
PhonePe Crosses 5 Billion Transactions, Grows 5X in One Year
Digital payments platform PhonePe on Friday announced that it has crossed 5 billion transactions on its app. Bengaluru-headquartered PhonePe crossed the one-billion transaction milestone...
Google Pay Goes Past PhonePe With 67Mn Monthly Users, 918Mn UPI Transactions
Two years after debuting in India, Google's digital payment platform, Google Pay, has outpaced PhonePe to hit 67 million monthly active users (MAUs) in...
You Can Now Pay via UPI for Apps and Games on Google Play Store
Google on Thursday officially announced the addition of Unified Payments Interface (UPI) as a new payment option on the Google Play Store for its...
RBI Questions Government Over Delay in WhatsApp Payments Roll-out
The state of WhatsApp's UPI-based payments service in India has been stuck in limbo, but it seems wider roll-out of WhatsApp Payments might finally move forward....
Truecaller Pay Claims It Will Have Over 25 Million Users by March 2019
Truecaller Pay, the Unified Payments Interface (UPI) based payment platform by Truecaller, on Monday said that the app would organically bring on board 25...
Here’s What’s Holding Up Wider Rollout of WhatsApp Payments in India
It's been months since WhatsApp has knocked on the Indian government's doors for the final approvals for a wider rollout of UPI-based WhatsApp Payments...
UPI Reaches New High by Crossing 300 Million Transactions in August
Unified Payment Interface (UPI), the poster child of Indian government's 'Digital India' initiative, crossed the milestone of 100 million monthly transactions back in December...
Google Tez Could Be Absorbed Into Google Pay, Could Enable UPI Payments On Play...
Google Tez, the company's payment solution customized for India, could soon become a part of the company's global payments solution - Google Pay. Besides...
Amazon, WhatsApp Await RBI Clarification Before Rolling Out UPI Payments
With UPI becoming an increasingly popular means of transaction for merchants and customers alike, more and more companies are rushing in to offer their...
UPI Transactions To The Same Account To Be Blocked From August 1
Post demonetization, digital transactions and UPI have become more and more common for users to transfer money to friends and businesses. UPI transactions grew by...
UPI 2.0 Coming Soon With Double Transaction Limit, Overdraft Account Linking and More
The new and improved version of the Unified Payment Interface is finally all set to be launched, with the National Payment Corporation of India...
IndiaChain Is India’s UPI-like Blockchain Platform and It’s Coming Soon
The RBI recently blocked banks from transacting with businesses based around cryptocurrencies. But it's keeping a keen eye on the distributed ledger systems and...
Now Send Money to Any UPI ID Using WhatsApp
Since its release, WhatsApp's payments feature had been limited to sending and receiving to and from other people who had linked their UPI IDs...
Mobikwik Finally Gets UPI Support With Dedicated VPA Handle
Mobikwik was one of the few remaining large mobile wallets in the country that was still to adopt the Unified Payments Interface (UPI) platform,...
UPI Transactions Grew By Over 1,000% in 2017-18
The Indian government's initiative of a seamless digital payments platform for transactions between accounts of different banks has reached a new high. Digital India's...
You Can Now Request Money From Contacts Using UPI From Within WhatsApp
To tap into India's booming digital payments ecosystem, WhatsApp launched UPI-enabled payments feature to its users in the country. This feature was initially sparse...
Government Lures Users to BHIM App with Cashback Offers on UPI Payments
In an attempt to attract more users to choose the BHIM payments app over other competitors in the market, the government has launched a...
WhatsApp Issues Vague Clarification On Sharing Payments Data with Facebook
Even as WhatsApp keeps touting its end-to-end encryption, questions about its data-privacy practices continue to linger. Following outrage surrounding its revelations that it shares...
Even India’s Cyber Security Chief Avoids Banking Online Over Security Fears
Backed by Prime Minister Narendra Modi's vision, the Indian government has feverishly promoted Digital India projects as the path to 'development'. As India hurtles...