npci

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...

RBI hikes UPI transaction limit to 5 lakhs | e-mandates for recurring online transactions to ₹1 lakh per transaction: RBI hikes UPI transaction limit for hospitals and educational institutions RBI has increased the limits of e-mandates for recurring online transactions to ₹1 lakh per...

60%-70% of IPO applications coming through UPI, says NPCI CEO Dilip Asbe: NPCI’s most successful product platform remains UPI, which is expected to surpass Mastercard's daily transaction volume of 440 million soon. UPI does around 340 million transactions a day. Visa, the world's largest card...

Positive news for Rupay Credit Card users: You may soon see credit limit increase offer on your Rupay credit cards. NPCI (which owns Rupay network) has asked the banks to provide higher limits to Rupay credit card customers. So that, they can use the card for high value transactions. Official...

Multiple Smaller Denominations Credit Card Bill payment is Suspicious Transaction on BBPS: BBPS a.k.a. NBBL release this circular "Advisory by NPCI Bharat Bill Payment (“NBBL”) on monitoring of suspicious transactions" - Recently, NBBL has observed instances of piecemeal bill payments by...

National Pension Scheme (NPS) on BBPS coming soon: Soon we can pay NPS payment through BBPS

Inactive UPI IDs and UPI Number will be deactivated after 1 year: Unified Payments Interface (UPI) has emerged as the most preferred digital payment method, owing to its exceptional blend of security, reliability, and seamless transactional experience. In the realm of digital payments, it is...

UPI Global - UPI expand to USA, Europe, Asia etc | Indian merchant accept UPI from foreigners: UPI release a circular for payment apps and banks to enable all "UPI global" integration on their system. Subject: 1) Revision of UPI Global Acceptance Limits 2) Launch of International Mobile...

NPCI to sign pact with Al Etihad Payments of UAE | Development of RuPay Debit/Credit card stack on UAE: NPCI International Payments Ltd, the international arm of the National Payment Corporation of India, will ink an agreement with Al Etihad Payments on Thursday in Abu Dhabi to facilitate...

Upcoming UPI feature coming soon: 1) Digi-locker based UPI Onboarding 2) Alternate device binding solution like silent mobile verification etc 3) UPI Autopay from 15k to higher limits 4) Issuance of P2P e-RUPI voucher, allowing non-bank PPIs to issue e-RUPI vouchers. 5) Enablement of...

Kotak launch Virtual only Lifetime free UPI RuPay Credit Card: Features - Credit meets Convenience with Kotak UPI RuPay Credit Card. Link your card on UPI Apps & make payments instantly Reward Benefit Earn 3 Reward Points* per ₹100 spent Credit Card on UPI Enjoy facility of making UPI Payment...

Xiaomi - 10% Cashback on RuPay CC on UPI, Max Rs3000 Cashback: Valid from 1st October 2023 - 31st October 2023. 10% Cashback on RuPay CC on UPI : Max Discount up to ₹3,000, Minimum Order Value is ₹10,000. Redemption Process: The offer can only be availed at the nearby Xiaomi official Sales...