npci

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...

UPI can now be used to make payments to Nepalese merchants, says NPCI: UPI users can scan QR codes to make payments to Nepalese merchants, an official statement said The NPCI on Friday announced that Unified Payment Interface (UPI) is now live in neighbouring Nepal.UPI users can scan QR codes...

Guys, big update!! NPCI is calling everyone & verifying the transaction done on 13-14th January under RuPay offer subsequently. This is the reason of delay in cashback processing. They just called me (from personal number), said you did txn of 10*** on *****, which is mapped incorrect. Could...

Paytm, Axis Bank to submit TPAP application for UPI business with NPCI this week: Paytm is also in discussions with several other banks, including Yes Bank, HDFC Bank, ICICI Bank, and Canara Bank; however, none of the discussions have concluded yet. One97 Communications, which runs the Paytm...

NPCI is in talks with US banks & US Based "FedNow" to establish a real-time payment link between the two countries: The initiative aims to leverage NPCI's expertise in cross-border payments, the report said. The National Payments Corporation of India (NPCI) is in advanced discussions with banks...

Indian parliamentary panel demands boost to alternative UPI payment apps: An Indian parliamentary panel has urged the government to support the growth of domestic fintech players that can provide alternatives to the Walmart-backed PhonePe and Google Pay apps that currently command more than 83%...

NPCI working on Digital Payments Score (A new kind of credit bureau to scale up credit economy in India): The National Payments Corporation of India (NPCI) is planning to come up with a Digital Payments Score (DPS) aimed at strengthening the country’s credit scoring system while creating more...

(Now 100% Officially Confirmed, Updated on RBL website) RBL Shoprite RuPay UPI Credit card launched: Welcome Benefits Begin your ShopRite Credit Card journey with 2,000 Reward Points Avail your welcome gift in simple steps: Step 1: Pay the joining fees by payment due date Step 2: Swipe and...

UPI is Now Accepted in France | Now book tickets for the iconic Eiffel Tower hassle-free using UPI: Indian tourists can purchase tickets for the Eiffel Tower via UPI - France becomes first European country to accept UPI Mumbai/Toulouse, 2nd February 2024: NPCI International Payments Limited...

Budget 2024 slashes incentives for RuPay debit cards, low-value UPI transactions: The scheme was introduced to compensate acquiring banks and fintechs for promoting Point-of-Sale and e-commerce transactions using RuPay debit cards and low-value BHIM-UPI transactions (P2M) up to Rs 2,000, giving...

NPCI says India's UPI is the "Older Brother" of Brazil's Pix | Brazil’s PIX a threat to Visa/Mastercard credit cards, but a boon for banks Note - If you dnt know what's Brazil's Pix then Pix is the Instant payment system like India's UPI. Approx 4-Years-Old Payment System Beats India's UPI...

There are 3 offering for cashback. Urja (Fuel payments) – 1% Cashback on Fuel Payments (Petrol, Diesel and CNG) Travel & Food – ₹30 on each transaction UPI Transaction with RuPay Credit Card - Customers will get a total of ₹750 within the offer period. Offer 1 - Urja 1% Guaranteed 1%...