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Not just withdraw, you can soon deposit cash using UPI at ATMs, promises RBI

On Friday, RBI governor Shaktikanta Das announced that bank account holders will soon be able to de…

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UPI transaction limit for education and healthcare hiked to ₹5 lakh per day

Reserve Bank of India Governor Shaktikanta Das announced on Friday an increase in the transaction l…

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India’s central bank to establish cloud facility for financial institutions

India’s central bank, the Reserve Bank of India (RBI) is working on a dedicated cloud facility for …

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3 mins read

What is e-mandate or UPI autopay and how to enable it for Jio, Hotstar and others

The Reserve Bank of India has revised the guidelines for auto-debit transactions and this will come…

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1 min read

Google Play introduces UPI Autopay payment to simplify recurring payments for subscription-based purchases in India

Introduced under UPI 2.0 by NPCI, UPI Autopay helps customers make recurring payments using any …

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UPI transactions reach 657 crore in August worth ₹10.72 lakh crore

The Unified Payments Interface (UPI) registered a record 6.57 billion (657 crore) transactions wort…

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SEBI proposes IPO-like blocking of funds facility for trading in secondary market to stop misuse

Capital markets regulator Sebi on Tuesday proposed to introduce a blocking of funds facility for tr…

PTI   


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Indian policy makers are not happy that 8 out of 10 UPI transactions are being done through PhonePe and Google Pay

While there are over 50 third-party UPI apps, PhonePe and Google Pay account for over 81% of t…

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I made ₹2.25 crore within 8 minutes of Zomato IPO opening: Ashneer Grover

Former BharatPe co-founder and managing director Ashneer Grover has revealed he made a cool ₹2.25 c…

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In a relief to PhonePe and Google Pay, UPI apps may get more time to comply with the 30% cap on market share

This will come as a huge relief to apps such as PhonePe and Google Pay that currently dominate…

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4 mins read

71% of consumers are concerned about online fraud. Here is how Paytm Payment Gateway’s security features are helping businesses build trust.

Digital payments in India saw a 78% rise in 2021 as compared to 2020. People’s concerns also rose w…

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Ashneer Grover slams RBI over recent mandate

Ashneer Grover, who was sacked along with his wife Madhuri Jain Grover by fintech platform BharatPe…

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4 mins read

SBI processed about 5 Lakh IPO transactions in June, PhonePe continues to be the most used UPI app

About ₹5.5 lakh crore was transferred through 2.8 billion transactions on the UPI in the month of J…

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Here's how to use UPI AutoPay to recharge Jio number

Reliance Jio is bringing yet another feature for its subscribers by partnering with National Paymen…

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Jio users can now use UPI to automatically recharge their numbers or make bill payments

"The combination of Jio's superior prepaid and postpaid plans and UPI Autopay will now be avai…

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Ahead of LIC IPO, Paytm Money opens bids of up to ₹5 lakh through UPI

Wealth management platform Paytm Money — which is run by digital payments giant One 97 Communicatio…

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Texas AG sues 6 school districts over mask mandates as almost 100 districts defy Gov. Greg Abbott's executive order to ban them

General Ken Paxton, the Texas AG, on Friday accused school districts that defied a mask-mandate ban…

Kevin Shalvey   


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What is UPI and how does it work?

Unified Payments Interface or UPI is an immediate real-time payment system developed by the …

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No MDR charges applicable on payment via RuPay, UPI from Jan 1: FM

New Delhi, Dec 28 () In a bid to promote digital payments, Finance Minister Nirmala Sitharaman on S…

PTI   


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3 mins read

Leading private banks won't support auto-debit payments from April 1 because they need more time to comply with RBI's new mandate

Your automatic recurring payments may not go through starting today. This is because banks aren’t r…