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Muktinath Temple, Nepal now accept UPI payment: A significant event took place at Muktinath Temple, where the BHIM UPI service was officially launched. This service, introduced by Fonepay in collaboration with NPCI International Payments Limited (NIPL) and Prabhu Bank Limited, allows Indian...

Soon 12,000 merchants in Singapore accept UPI payment: NPCI International Payments Limited (NIPL) has joined forces with Singapore-based payments firm HitPay to expand Unified Payments Interface (UPI) acceptance in Singapore. This collaboration will provide Indian travellers to make QR...

Govt clears ₹1,500 cr scheme to boost low-value BHIM-UPI transactions: Under the scheme, incentives will be provided for UPI transactions up to ₹2,000, specifically benefitting small merchants. The government aims to increase digital payments penetration while minimising financial burden on...

The Zomaland-specific tap to pay card powered by RuPay Simplifying trxns for everything from games to food & drinks. Its a fantastic example of how technology can enhance customer experience at large-scale events. Here some RuPay Customer review -

Now UPI Lite Account Balance will auto refunded after 6 month | UPI Lite Limit increased: 2 new updated from UPI a) Issuer banks live on UPI LITE shall identify all the UPI LITE accounts that have had zero transactions in the past six months. Any balances in these dormant LITE accounts shall...

Shark Tank India 4: Aman Gupta opts out from investing in UPI Payment ring startup; says 'milte hai fir market mein' Shark Tank India Season 4 saw the introduction of a smart ring by the startup Seven, which allows single-tap UPI transactions without needing charging. Though some judges were...

RBI allows PPI holders to make UPI payment using third-party apps: All Prepaid Payment Instrument Issuers (Banks and Non-banks), National Payments Corporation of India (NPCI) and System Participants Unified Payments Interface (UPI) access for Prepaid Payment Instruments (PPIs) through...

Interoperability in net banking payments soon: The National Payments Corporation of India (NPCI) is in the process of integration with five to six banks for the launch of interoperability in net banking and mobile banking-based payments in the first phase, people in the know told us. The...

Breaking News: RuPay Card and UPI International website launched: NPCI International Payments Limited (NIPL) launched new website - www.nipl.com Visit www.nipl.com, to know more about the cutting-edge digital payment solutions, that are driving financial inclusion by displacing cash and are...

RBI grants online payments aggregator license to Jio Financial arm JSPL Jio Financial, helmed by veteran banker K.V. Kamath, already runs a shadow bank and an insurance brokerage and has joined forces with BlackRock Inc. to start an asset management business The Reserve Bank of India (RBI) has...

E-Gaming, Cloud Gaming, and E-Sports – RuPay/UPI preferred option for online gaming purchases (Last 5 Years): The rise of E-Gaming, Cloud Gaming, and E-Sports has revolutionized the digital entertainment landscape. Indian consumers are increasingly involved in global gaming platforms, paying...

UPI Lite Transaction Limits hiked to Rs 1,000 | UPI lite wallet limit to Rs 5,000 | UPI123Pay limit also hiked: The Reserve Bank of India (RBI) has announced a hike in the UPI lite per transaction limit to Rs 1,000 from Rs 500 currently. The central bank has also hiked the UPI lite wallet...

RuPay cards now accepted in Maldives: Delhi: RuPay card payments introduced in Maldives. Prime Minister Narendra Modi and Maldives President Mohamed Muizzu witness the first such transaction.

Delhi-Meerut RRTS: Namo Bharat Airtel Bank NCMC RuPay Card launched: Airtel Payments Bank has collaborated with NCRTC (National Capital Region Transport Corporation) to launch co-branded National Common Mobility Cards (NCMC). These cards, designed to enhance passenger convenience, include...

NPCI to develop UPI payments system for Trinidad and Tobago (dual-island Caribbean nation): NPCI International Payments Limited will develop a digital payments system for Trinidad and Tobago, based on India's UPI. The overseas arm of India's National Payments Corporation of India (NPCI) will...

BOBCARD and RuPay partner to launch EMI feature on UPI payments: BOBCARD new feature BOBCARD, a fully owned subsidiary of Bank of Baroda, has partnered with RuPay to introduce an EMI service for UPI Payments. This new feature allows RuPay BOBCARD holders to conveniently convert their purchases...

Direct Banks To Withdraw Cashback Offers On Ecommerce Platforms: CAIT To RBI: SUMMARY - CAIT’s Khandelwal said that the unhealthy nexus between the banks and ecommerce platforms has led to a drastic impact on traditional retailers In a separate letter written to commerce minister Piyush...

NPCI posts Rs 2,876 Crore revenue and Rs 1,134 Crore profits in FY24: NPCI is a not-for-profit organisation and deploys all of its surplus to bolster the digital payments infrastructure in the country. The private company is owned by a consortium of banks. The National Payments Corporation of...

Visa Card will launch UPI like A2A Payment in UK: Visa's latest innovation aims to bring consumer protection and control to account-to-account payments, set to launch in the UK by early 2025 Visa has announced the launch of Visa A2A, an open system designed to modernise account-to-account...

GST Council may consider imposing 18% tax on payment aggregators for small transactions up to Rs 2,000: The Goods and Services Tax (GST) Fitment Panel has expressed the viewpoint that payment aggregators serve as intermediaries for transactions and therefore should not be classified as banks...