npci

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%...

New Design of FASTag with UPI QR Code coming soon: NPCI and IHMCL have been working towards creating a seamless customer experience for NETC FASTag users. In line with the same objective, the UPI QR Code is incorporated in the new design of FASTag, which the users can scan and recharge their...

UPI Best Payments System In World, RBI Not Averse To Having Rival of NPCI: Das Unified Payments Interface or UPI, developed by National Payments Corporation of India (NPCI), has been a runaway success and is already operational in some countries, including Singapore and the UAE. Reserve Bank...

Major UPI Apps enabled to receive remittances from Singapore via UPI-PayNow linkage: NPCI This facility can be accessed by users of BHIM, PhonePe, and Paytm app Indians can now receive remittances from Singapore directly into their bank accounts on real-time basis through major UPI and bank...

Ujjivan Small Finance Bank launch RuPay Select debit card: Card pic is shared by @manitian

Big merchants may have to pay for UPI payments in the coming years. National Payments Corporation of India's chief Dilip Asbe said that large merchants may have to pay charges for UPI-based payments in the next three years. He said that presently all the energies are focused on providing a...

RuPay card user now be able to pay for on-board flight service & your money will be debited when the flight lands: Deferred authorization solution for RuPay Credit Card - Deferred Authorization payment enables RuPay credit card purchases in offline scenarios like flights, cruises etc. In this...

Pilot phase of 'UPI for secondary market' to begin Jan 1; CRED's Kunal Shah says 'big moment for India': During this pilot, investors can block funds in their bank accounts, which will only be debited by the Clearing Corporations and they will directly process payouts to these clients on a T+1...

Exclusive: Govt plans Rs 5,016 crore incentive to promote RuPay Debit Card, BHIM-UPI: Digital payment growth India, Rupay debit cards, UPI: The Ministry plans to infuse Rs 5,016 crore during fiscal year 2023–24—up from Rs 2,600 crore in 2022–23—to compensate for the discontinued “merchant...

Is it good to complete reliance on $100 billion valuation NPCI, our nation’s one and only digital payment company ? Complete reliance on one entity to support an entire country’s digital payments infrastructure can be a concern. National Payments Corporation of India (NPCI) could be called...