UPI
Payments
UPI transactions in Jan surpass 16.99 billion, highest recorded in any month
PTI -
UPI remains the cornerstone of India's digital payment ecosystem, contributing to 80 per cent of the retail payments across the countryNew Delhi: UPI transactions in January surpassed 16.99 billion and the value exceeded Rs 23.48 lakh crore, marking the...
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NPCI International partners with Magnati to expand UPI acceptance in UAE
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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...
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UPI transactions rises 8% to 16.73 bn in Dec: NPCI data
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In November, the UPI transaction count was 15.48 billionNew Delhi: Transactions through the popular Unified Payments Interface (UPI) touched a record 16.73 billion in December, recording a growth of 8 per cent over the preceding month, according to data...
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NPCI extends market cap deadline for UPI apps for another two years till 2026
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This is the third time that the NPCI has extended the deadlineNew Delhi: In a relief to major players like PhonePe and Google Pay, NPCI has extended the deadline for implementing a 30 per cent volume cap on third-party...
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WhatsApp Pay can now extend UPI Services to all users in India
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Previously, NPCI had permitted WhatsApp Pay to expand its UPI user base in a phased mannerNew Delhi: National Payments Corporation of India (NPCI) has lifted the limit from onboarding UPI users for the third-party app provider WhatsApp Pay with...
In Focus
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)...
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71% Indians indicate a sentiment to shop online this festive season: Report
The report indicates that nearly 50% of respondents planning to shop online would spend more on festive shopping this year compared to last yearBengaluru: As many as 71% of Indian consumers indicate a sentiment to shop online this festive...
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Zoho launches payment gateway
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Zoho Payments is a product of Zoho Payment Technologies, a wholly-owned subsidiary of Zoho CorporationNew Delhi: Global technology firm Zoho on Thursday launched Zoho Payments, a unified payment solution to enable businesses to securely accept payments from their customers...
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We are now focusing on making UPI, RuPay truly global: RBI Guv Das
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Das said strengthening financial infrastructure, including cross-border payment systems, will be key focus areas as IndiaNew Delhi: Reserve Bank Governor Shaktikanta Das on Wednesday said the central bank is focused on making the UPI and RuPay 'truly global' and...
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Data privacy issues, online frauds emerging as e-commerce growth hurdles: Eco Survey
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The survey mentioned that India's e-commerce market has gained significant momentum during the past few years, owing to technological advancementsNew Delhi:Â Issues related to data privacy and rising online frauds are emerging as significant hurdles in the growth of e-commerce...
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How Nasher Miles is bringing colour to Indian travel gear market
The company is now targeting to expand it reach through general trade and quick commerce expansion
Founded in 2017 by...
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