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Unified Payments Interface

NPCI International partners with Magnati to expand UPI acceptance in UAE

The collaboration aims to expand the QR-based merchant payment network in the UAE by enabling more merchants to provide UPI as a payment.New Delhi: NPCI International Payments Limited (NIPL) on Wednesday announced a partnership with UAE-based payment solution provider...

RBI permits UPI transactions via prepaid payment instruments using third-party apps

A PPI issuer, in its capacity as a payment system provider, should not oonboardcustomers of any bank or any other PPI issuerNew Delhi: The Reserve Bank on Friday allowed prepaid payment ininstrumentolders to make and receive UPI payments through...

UPI takes lead, while COD stays strong in tier 2, 3 cities

Despite the digital boom, Cash on Delivery (COD) continues to dominate in tier 2 and 3 cities, where trust in online payments is still developing.IndiaRetailing Insights: In India’s rapidly evolving retail and payment landscape, the Unified Payments Interface (UPI)...

VasyERP launches V-checkout, a counterless self-checkout solution 

With this, VasyERP aims to revolutionize festive shopping in India New Delhi: Gujarat-based cloud-based ERP platform VasyERP has introduced V-Checkout, a self-checkout system that promises to ease the shopping experience during India’s bustling festive season, a release by the company said...

India launches UPI payments at world-renowned Galeries Lafayette in Paris

In February, India formally launched UPI at the iconic Eiffel Tower here, terming it as taking Prime Minister Modi’s “vision of taking UPI global”New Delhi: India has launched the Unified Payments Interface (UPI) at Paris' historic department store Galeries...

ONDC gets a shout-out in Shark Tank India Season 3

ONDC considers this as an opportunity that would educate startups on vast opportunitiesNew Delhi: During the third season of Shark Tank India, Anupam Mittal, chief executive officer, People Group and a Shark on the panel, cast a spotlight on the...

Cyber attack, data breach among top risks for businesses in India: Survey

Cyber attacks and data breaches were placed seventh in the 2021 business risks surveyNew Delhi: Cyber attacks and data breaches are the top business risks for organisations in India, according to the 2023 Global Risk Management Survey.Cyber attacks and data...

Digital public infrastructure’s contribution to triple by 2030: Report

India leads globally in developing DPIs, driving societal transformation through inclusive digital adoption and substantial contributions to the Indian economyNew Delhi: Digital public infrastructures like Aadhaar, UPI and FASTag generated a value of $31.8 billion in 2022, contributing 0.9%...

UPI major driving force in growth of digital payment: MoS Finance

UPI transactions have grown from 92 crore in 2017-18 to 8,375 crore in 2022-23 at a Compound Annual Growth Rate (CAGR) of 147% in terms of volumeNew Delhi: Unified Payments Interface (UPI) has been the major driving force in...

Automatic payment limit via UPI raised to Rs 1 lakh: RBI

UPI has emerged as a preferred mode of payment for a large section of the population with over 11.23 billion transactions recorded in November New Delhi: On Tuesday, the Reserve Bank of India increased the limit for automatic payments through...
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How Nasher Miles is bringing colour to Indian travel gear market

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