Tag: UPI
RBI Wants Digital Wallets, Prepaid Cards to Be Interoperable by March 31, 2022
The Reserve Bank of India (RBI) has today made it mandatory for prepaid payment instruments (PPI) to ensure interoperability by March 31, 2022. This...
10 Best UPI Apps in India
Introduced in 2016, Unified Payments Interface (UPI) plays a vital role in enabling digital payments in India. UPI apps have helped Indians make cashless...
NPCI Imposes 30% Cap on Transaction Volumes For UPI Apps
In landmark developments that could have far-reaching impacts on digital financial transactions in the country, the National Payments Corporation of India (NPCI) on Thursday...
NPCI Launches Subsidiary to Take UPI, RuPay, to Global Markets
The National Payments Corporation of India (NPCI) has created a new subsidiary to expand its business beyond India. Called the NPCI International Payments Limited...
MobiKwik Launches UPI-Powered Personal Payment Links
The whole process of UPI fund transfer would have been much hassle-free if everyone remembers their UPI ID, but unfortunately, that's not the world...
YouTube Gains UPI as a Payment Method in India
YouTube has now made it simpler for users to grab a YouTube Premium or YouTube Music subscription in India. The platform added UPI to...
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...