npci

https://m.economictimes.com/wealth/spend/free-access-to-rupay-exclussive-airport-lounge-new-guideline-released-by-npci-to-be-applicable-for-these-people/articleshow/114464250.cms Guys Rupay lounge access is going to get curbed soon.

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...

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...

MDR charged on Credit line UPI transactions basis Merchant Category Code: Dear Merchant Partner, Thank you for partnering with HDFC Bank for your payment acceptance needs. As per NPCI OC circular No. 202/2024-25, effective 16th October 2024 there will be MDR charged on Unified Payments...

I want to raise a complaint against npci (bhim app) where I can do that? I have already raised the issue with them (on X as well as on their contact us section), about my upi auto pay, but they didn't solved the issue from last 5 to 6 months So I want to complaint against them to a higher...

Linkedin and the internet in general seems to be buzzing with NPCI's new launch - UPI Circle (Delegate Payments). For those not in the loop, delegate payments allows a 'primary' (someone with a bank account) to link upto 5 'secondaries' (you can become a secondary on any UPI app WITHOUT linking...

Apply RuPay NCMC Card or RuPay OTG Device from vending machine (No KYC Required): NPCI unveils the new way you can revolutionise travel payments at #GFF2024! Now get your NCMC cards on the spot via auto-dispensing machines with Zero KYC. Excited to share that Airtel Payments Bank in...

POP UPI app grows 100% m-o-m to hit monthly run rate of 1 million UPI transactions in just two months: POP UPI differentiates itself by offering lifestyle rewards from new-age brands on every UPI transaction done via POP app, and targeted primarily towards the young Indian demographic. Fintech...

Will RuPay, UPI credit become separate companies? NPCI is planning a big recast of its businesses: https://www.livemint.com/industry/banking/will-rupay-upi-credit-become-separate-companies-npci-is-planning-a-big-recast-of-its-businesses-11724150105541.html I have said many times that one day...

We are aware that most of the small merchants have disabled UPI payments via Rupay CC on their merchant QR, even for small value transactions below ₹2000. For small merchants below ₹20 lakh turnover, the MDR charges are 0% for Rupay CC payments below ₹2000. I believe there shouldn't be an...

BHIM app is now separate company from NPCI: The subsidiary named NPCI Bhim Services Limited (NBSL) will aim to meet the growing demand for digital transactions in India and to promote financial inclusion. This development not only aims to strengthen India's own digital payment ecosystem but also...

I had opened a savings account in Bandhan Bank (Rs 5000 AMB). I had opened it just to keep extra money there and to link it to my stockbroker. I opened it only after seeing on the NPCI website that it supports Aadhaar-OTP UPI registration. However, I was unable to register using the said method...

Introduction: Bharat QR is a revolutionary payment method designed in 2016 by NPCI to make transactions quicker and more secure. BharatQR supports payment via cards, UPI, mobile banking, etc. It's a great payment method but didn't catch eye as much as UPI. PC: NPCI Difference between UPI QR &...

Great News - Now get the same rewards on RuPay CC UPI transactions as we get on Credit Card transactions: RuPay Credit Cards Rewards Parity w.e.f. 1st September 2024 Credit card rewards points are a key lever to drive spending on credit cards. It has been observed that the rewards points...

Introduction of NPCI SecureNxt – RuPay EMV 3DS transactions: In recent years, RuPay has seen significant growth in its ecommerce transactions. This growth can be attributed to several factors, including increased digital adoption, government initiative to promote cashless transactions, and the...

RBI proposes automatic replenishment for UPI Lite wallet: The Reserve Bank of India (RBI) has proposed a new facility to allow automatic replenishment of UPI Lite wallets to promote small-value digital payments. Currently, UPI Lite has a daily limit of Rs 2,000 and a per-transaction limit of Rs...

Peru to get UPI: First South American country to adopt UPI technology, signs agreement with NPCI: NIPL ties up with Central Bank of Peru to introduce a UPI-like payments system in Peru. NPCI International Payments Limited (NIPL) and the Central Reserve Bank of Peru (BCRP) announced a partnership...

WTO: USA vs India | US and Switzerland are opposing UPI to reduce the cost of cross-border remittances: The remittance costs are about 6.18 per cent globally which is well above the United Nation's target of 3 per cent RBI, NPCI officials discuss remittance cost analysis with WTO member The...

Perfios and NPCI Collaborate to Revolutionize RuPay Credit Card Onboarding Process, 2024: Perfios and NPCI collaboration: In a significant development for the Indian financial industry, Perfios, a leading fintech company, has joined forces with the National Payments Corporation of India (NPCI)...

Paytm participate in UPI as a Third-Party Application Provider (TPAP) under multi-bank model: NPCI grants approval to One97 Communications Limited (OCL) to participate in UPI as a Third-Party Application Provider (TPAP) under multi-bank model. Four banks (Axis Bank, HDFC Bank, State Bank of...