National Payments Corporation of India: News
13 Nov 2024
Unified Payments Interface (UPI)How to contribute to your NPS account using BHIM app
The National Payments Corporation of India (NPCI) has launched a new feature on its BHIM app, enabling users to contribute to their National Pension System (NPS) accounts.
04 Nov 2024
Unified Payments Interface (UPI)NRIs can transfer money to India using UPI: Here's how
Non-Resident Indians (NRIs) can use Unified Payments Interface (UPI) for quick money transfers to India.
01 Nov 2024
Reserve Bank Of India (RBI)Auto top-up for UPI Lite now live: How to use
Unified Payments Interface (UPI) Lite users are in for two major updates that will make their digital payment experience even better.
01 Oct 2024
FastagUPI records over 500 million daily transactions in September
The Unified Payments Interface (UPI) network, run by the National Payments Corporation of India (NPCI), has hit a major milestone.
19 Sep 2024
FintechNPCI may raise market share cap for UPI payment operators
The National Payments Corporation of India (NPCI), the regulatory body responsible for overseeing India's Unified Payments Interface (UPI) system, is reportedly considering a revision of its proposed market share cap for UPI operators.
16 Sep 2024
HDFC BankUPI transaction limit increased to ₹5L lakh for these categories
The National Payments Corporation of India (NPCI) has announced an increase in the transaction limit for certain Unified Payments Interface (UPI) payments, including tax payments.
04 Sep 2024
Reserve Bank Of India (RBI)New UPI feature lets you deposit cash directly at ATMs
The Reserve Bank of India (RBI) and the National Payments Corporation of India (NPCI) have jointly launched a new feature called UPI Interoperable Cash Deposit (UPI-ICD).
01 Sep 2024
RuPayUPI transactions hit record high of 14.96 billion in August
The Unified Payments Interface (UPI) has set a new record with 14.96 billion transactions in August 2024, marking a significant year-on-year (YoY) growth of 41%, according to data from the National Payments Corporation of India (NPCI).
21 Aug 2024
FlipkartFlipkart makes re-entry into payments app market with super.money
Flipkart has launched a new payments application called super.money, marking its re-entry into the fintech sector.
19 Aug 2024
Unified Payments Interface (UPI)Beware! Fraudsters are spamming UPI IDs with multiple collect requests
A new type of fraud is on the rise, targeting users of the Unified Payments Interface (UPI).
19 Aug 2024
Unified Payments Interface (UPI)Biometrics could soon make UPI payments unhackable
The National Payments Corporation of India (NPCI) is reportedly exploring the integration of biometric authentication into Unified Payments Interface (UPI) transactions.
16 Aug 2024
Unified Payments Interface (UPI)UPI Circle lets you share UPI account: How it works
The National Payments Corporation of India (NPCI) has launched a new feature called 'UPI Circle-Delegate Payments' on its Unified Payments Interface (UPI) platform.
31 Jul 2024
XNPCI suspends C-Edge's services after ransomware attack, 200 banks affected
The National Payments Corporation of India (NPCI) has temporarily suspended all retail payment services provided by C-Edge Technologies.
02 Jun 2024
Reserve Bank Of India (RBI)UPI records 14.04 billion transactions in May, sets new milestone
The Unified Payments Interface (UPI) processed a record 14.04 billion transactions in May.
04 May 2024
BHIM UPIBHIM planning to dive into e-commerce sector via ONDC
The Bharat Interface for Money (BHIM), a government-supported payment application, is set to venture into the e-commerce sector.
21 Apr 2024
Unified Payments Interface (UPI)NPCI to outline methods for enforcing 30% UPI market limit
The National Payments Corporation of India (NPCI) has set a 30% cap on Unified Payments Interface (UPI) market share, leaving the industry in anticipation.
17 Apr 2024
PhonePeNPCI plans to counter PhonePe, Google's dominance in UPI payments
India's National Payments Corporation (NPCI), the regulatory body for the Unified Payments Interface (UPI) mobile payment system, is planning strategic discussions with various fintech startups.
09 Apr 2024
PaytmPaytm Payments Bank's CEO steps down amid company restructuring
Surinder Chawla, the CEO of Paytm Payments Bank, has announced his resignation effective June 26.
03 Apr 2024
Unified Payments Interface (UPI)RuPay credit card users can request EMIs via UPI app
The National Payments Corporation of India (NPCI) has announced new updates for the RuPay credit card on the Unified Payments Interface (UPI) platform.
01 Apr 2024
PhonePePhonePe users can now pay using UPI in UAE
PhonePe, a prominent digital payment platform, has extended its services to the United Arab Emirates (UAE).
14 Mar 2024
HDFC BankPaytm secures NPCI approval to operate as third-party UPI app
The National Payments Corporation of India (NPCI) has given the green light to One97 Communications Limited, the parent company of Paytm, to function as a Third-Party Application Provider (TPAP) for Unified Payments Interface (UPI) services.
30 Dec 2023
Unified Payments Interface (UPI)Inactive UPI accounts to be deactivated from January 1
Starting January 1, UPI accounts that haven't been used for a year or more will be deactivated, according to a circular from the National Payments Corporation of India (NPCI).
30 Dec 2023
Unified Payments Interface (UPI)'UPI for secondary market' launches on Monday: What it is
The National Payments Corporation of India (NPCI) will launch 'UPI for secondary market' beginning with a beta phase for the equity cash segment on January 1, 2024.
20 Dec 2023
Indian GovernmentIndia's digital transformation in 2023: Advancements in infrastructure and initiatives
The year 2023 marked a digital revolution for India. The Indian government introduced several initiatives under 'Digital India,' to transform the nation's digital landscape.
15 Nov 2023
IndiaWhy UCO Bank customers are unable to make IMPS transactions
Between November 10 and 13, 2023, government-owned UCO Bank experienced a technical issue affecting some Immediate Payment Service (IMPS) transactions, an exchange filing has revealed.
01 Nov 2023
Unified Payments Interface (UPI)UPI transaction volume crosses 1,100 crore mark in October
Unified Payments Interface (UPI) has achieved a new milestone by surpassing 1,140 crore transactions in October, with the total transaction value exceeding Rs. 17.6 lakh crore.
01 Oct 2023
Unified Payments Interface (UPI)How to set up UPI Lite X for offline transactions
The National Payments Corporation of India (NPCI) has recently launched UPI Lite X, an improved version of UPI Lite, which enables users to carry out offline transactions and supports "Tap and Pay" using NFC technology.
14 Sep 2023
Unified Payments Interface (UPI)UPI transactions may increase 50% year-on-year going ahead: NCPI
Unified Payment Interface (UPI) transactions are anticipated to grow over 50% year-on-year (YoY), according to Praveena Rai, Chief Operating Officer of National Payments Corporation of India (NPCI).
06 Sep 2023
Unified Payments Interface (UPI)How India's first UPI ATM differs from regular ATMs
In a significant milestone for India's rapidly evolving digital payment landscape, Hitachi Payment Services, in collaboration with the National Payments Corporation of India (NPCI), has unveiled the country's first UPI ATM.
07 Aug 2023
Unified Payments Interface (UPI)UPI innovation rolled out to make online transactions faster
A new UPI plugin innovation has PhonePe/Google Pay on edge.
19 Jul 2023
Unified Payments Interface (UPI)'1 billion daily transactions': Future of UPI in India
India's Unified Payments Interface (UPI) has been making global inroads. The indigenous payment system recently arrived in France, making a huge step on the international stage.
17 Jul 2023
Unified Payments Interface (UPI)After France and UAE, Indonesia plans UPI deal with India
India's flagship instant payment system, Unified Payments Interface (UPI), will likely be used in Indonesia as the two countries are looking for a deal for bilateral trade in domestic currency, real-time card recognition, and digital payments, The Times of India reported.
14 Jul 2023
Narendra ModiIndia's UPI to be used in France: PM Modi
India's flagship instant payment system, Unified Payments Interface (UPI), will now be used in France, Prime Minister Narendra Modi said while addressing the Indian diaspora in France on Thursday.
07 Jun 2023
Google Pay (Gpay)Google Pay now allows Aadhaar-based verification for UPI activation
Google Pay has joined hands with the National Payments Corporation of India (NPCI), to permit registration for UPI using Aadhaar-based authentication.
30 May 2023
Unified Payments Interface (UPI)How Razorpay's 'Turbo UPI' differs from standard UPI payment solutions
Razorpay has introduced 'Turbo UPI,' in collaboration with the National Payments Corporation of India (NPCI) and Axis Bank.
15 May 2023
RuPayRuPay introduces CVV-less card payments: How it works
Checking the CVV (card verification value) before making any payment is one of the hassles associated with credit or debit cards. India's homegrown card network Rupay has a solution for this: CVV-less payments.
03 May 2023
PhonePePhonePe launches UPI Lite for smaller transactions: How to use
Two months after Paytm launched UPI (Unified Payments Interface) Lite, rival PhonePe has made the feature available on its platform.
03 May 2023
Airtel Payments BankAirtel Payments Bank rolls out facial authentication for Aadhaar-enabled payments
Airtel Payments Bank has joined hands with the National Payments Corporation of India (NPCI) to introduce facial verification for Aadhaar-enabled Payment System (AePS) in the country.
09 Apr 2023
AadhaarAadhaar Enabled Payment System: Features and how to use explained
Aadhaar Enabled Payment System (AePS) is a type of digital payment method based on the Unique Identification Number (UIN).
07 Apr 2023
Reserve Bank Of India (RBI)RBI shelves NUE, the UPI rival project: Here's why
The Reserve Bank of India (RBI) has shelved its project to create an alternative for the Unified Payment Interface (UPI).
06 Apr 2023
Reserve Bank Of India (RBI)Your UPI account will soon work like a credit card
The Reserve Bank of India's (RBI) bi-monthly Monetary Policy Committee (MPC) meeting was packed with surprises this time.
29 Mar 2023
Unified Payments Interface (UPI)Interchange fee on UPI: How this will affect you
A new National Payments Corporation of India (NPCI) announcement has UPI users running in confusion.
28 Mar 2023
PaytmPaytm Wallet now acceptable on all UPI QRs, online merchants
The National Payments Corporation of India (NPCI) announced wallet interoperability guidelines on Friday (March 24), paving the way for significantly improving the importance of wallets.
22 Feb 2023
Aadhaar CardCan someone access your bank account using your Aadhaar number
An Aadhaar card is a vital document that is needed for verification purposes, during activities such as opening bank accounts and withdrawing money from the Employee's Provident Fund (EPF).
15 Feb 2023
PaytmPaytm Payments Bank introduces UPI LITE: How to use it
In a bid to make low-value UPI transactions faster, more secure, and seamless, Paytm Payments Bank Limited (PPBL) has introduced UPI LITE in India.
05 Oct 2022
RuPayNo charge for RuPay credit cardholders on low-value UPI transactions
National Payments Corporation of India (NPCI) has a piece of good news for customers and merchants. No charge will be levied on UPI transactions of up to Rs. 2,000 when using a RuPay credit card.
08 Jun 2022
Unified Payments Interface (UPI)RBI allows linking of credit cards with UPI: Details here
UPI or Unified Payment Interface transactions have made life simpler for Indians. It is about to get even simpler, as the Reserve Bank of India (RBI) has allowed linking credit cards to UPI network.
24 Oct 2021
FlipkartYou may pay extra for mobile recharges on PhonePe
The next time you recharge your mobile phone using PhonePe, you might be charged an additional fee.
25 Sep 2021
WhatsAppWhatsApp Pay spotted beta testing cashback feature in India
Reputed WhatsApp feature tracking website WABetaInfo has reportedly spotted an in-development feature that would incentivize WhatsApp Pay users with benefits in the form of cashback in India.
02 Aug 2021
Narendra Modi#NewsBytesExplainer: What's the e-RUPI system and how does it work?
Accelerating the transition to a digital financial ecosystem in the country, Prime Minister Narendra Modi launched the e-RUPI digital payment system today.
