National Payments Corporation of India: News

16 Mar 2021

WhatsApp

PhonePe emerges as India's leading UPI app

Walmart-owned UPI app PhonePe processed 975.53 million transactions amounting to Rs. 1,89,517 crore in February alone. This makes it the country's most popular UPI app, with Google Pay coming in at second place, and Paytm a distant third.

02 Dec 2020

Coronavirus

2.2 billion UPI transactions recorded in November

In what serves as another proof that Indians are going the cashless way, UPI transactions in November grew by 6.7% compared to October.

06 Nov 2020

iOS

WhatsApp's payments service is finally here: How to use it

WhatsApp has launched its payments service in India after receiving a nod from the National Payments Corporation of India (NPCI).

02 Nov 2020

India

New record: UPI records over 2 billion transactions in October

Cashless transaction is getting increasingly popular among Indians as in October, a record two billion plus transactions were recorded through the Unified Payments Interface (UPI) method, data released by the National Payments Corporation of India (NPCI) confirmed on Sunday.

28 Oct 2020

MeitY

Government has no information on who created Aarogya Setu

The Central Information Commission (CIC) on Tuesday issued a show-cause notice to the Centre over providing evasive answers to a Right to Information (RTI) query.

19 Aug 2020

Reliance Industries

Now, JioPhone users can make UPI payments: Here's how

In the wake of the novel coronavirus pandemic, millions of Indians, including small business owners, have started transacting digitally.

04 Aug 2020

WhatsApp

WhatsApp finally meets requirements to roll out payments in India

WhatsApp may finally get the go-ahead to launch payments in India.

01 Jun 2020

Security

#LeakAlert: Data of 7 million+ BHIM users exposed

Personal and financial data of more than 7 million users of BHIM, a government-backed peer-to-peer UPI payments app, has been leaked publicly.

29 Apr 2020

WhatsApp

WhatsApp might soon start offering loans in India: Details here

Since 2018, WhatsApp has been working on a peer-to-peer transfer facility for India - its biggest market.

03 Jan 2020

Bill Gates

Create an app for Bill Gates, win Rs. 36 lakh

If you are looking to use your technical expertise to make quick money then Bill & Melinda Gates Foundation has something that might fit the bill.

27 Oct 2018

India

#FinancialBytes: All about India's very own desi RuPay card

The National Payments Corporation of India (NPCI) launched the country's first indigenous card scheme called 'RuPay' in 2012, to deal with the monopoly of international card networks- MasterCard and Visa.

21 Aug 2018

India

#FinancialBytes: All about India's very own desi RuPay card

The National Payments Corporation of India (NPCI) launched the country's first indigenous card scheme called 'RuPay' in 2012, to deal with the monopoly of international card networks- MasterCard and Visa.

14 Aug 2018

Hong Kong

Pune: Cosmos Bank's server hacked; over Rs. 94cr siphoned off

Hackers managed to transfer over Rs. 94 crore through a malware attack on the server of Pune-based Cosmos Bank and cloning thousands of the bank's debit cards.

From August 1, NPCI bans UPI payments within same account

In a bid to curb fake and artificial payments made to receive cashbacks, the National Payments Corporation of India (NPCI) has decided to ban all payments within the same account from its Unified Payments Interface (UPI) platform.

29 Jun 2018

India

#FinancialBytes: All about India's very own desi RuPay card

The National Payments Corporation of India (NPCI) launched the country's first indigenous card scheme called 'RuPay' in 2012, to deal with the monopoly of international card networks- MasterCard and Visa.

02 Jun 2018

India

#FinancialBytes: 6 smartphone apps necessary to live a cashless life

The Modi government's 2016 demonetization drive paved the way for cashless transactions in India and ever since the digital payments ecosystem has evolved dramatically.

01 Jun 2018

Android

BHIM app for Android, iOS now supports utility bill payments

Months after announcing a cashback scheme, the government promoted Bharat Interface for Money (BHIM) app has now added support for utility bill payments within its portal.

31 May 2018

Narendra Modi

PM Modi launches three Indian digital payments apps in Singapore

Prime Minister Narendra Modi today launched three Indian mobile payments apps, BHIM, RuPay, and SBI, in Singapore at "Business, Innovation and Community Event" aimed at internationalization of the country's digital payments platform.

31 May 2018

Pakistan News

Pakistan: Musharraf's NIC, passport blocked; barred from travelling abroad

The Pakistan Government directed the National Data Base and Registration Authority (NADRA) and Immigration and Passport Directorate to block the national identity card (NIC) and passport of former dictator General (retd) Pervez Musharraf.

13 May 2018

India

#FinancialBytes: 6 smartphone apps necessary to live a cashless life

The Modi government's 2016 demonetization drive paved the way for cashless transactions in India and ever since the digital payments ecosystem has evolved dramatically.

10 Apr 2018

Facebook

WhatsApp might share your payment data with Facebook

WhatsApp recently beta-launched its UPI-based digital payments feature WhatsApp Pay that allows users to send and receive money through the chat app.

30 Mar 2018

India

E-way bill mandatory for inter-state movement of goods from Sunday

The electronic way (e-way) bill under the GST is going to be implemented on April 1 for the interstate transport of goods worth over Rs. 50,000 in India.

21 Feb 2018

Flipkart

How Flipkart-owned PhonePe aims to reinvent UPI

Propelled by demonetization, cashless transactions saw a rise with Unified Payment Interface (UPI) trying to usher users towards a cashless economy.

15 Feb 2018

India

I am an entrepreneur, I should not be taken seriously

That entrepreneurs are dreamy is an understatement. People outside the 'chaar dewari' find this job glamorous, people inside it find it lonely.

05 Dec 2017

Indian Railways

Booking train tickets through BHIM/UPI: All about the new system!

The Railways now allows passengers to book train tickets from counters and pay via UPI/BHIM. The facility was already available on online booking on the IRCTC website from before.

30 Nov 2017

Bharti Airtel

Airtel 'misused' Aadhaar access to open bank accounts without consent

Airtel is reportedly abusing its access to customers' Aadhaar number by opening accounts in Airtel Payments Bank without their permission.

20 Nov 2017

India

NEFT, RTGS, IMPS: Here's how to choose the best option

Do you use netbanking regularly, but have no idea what NEFT, RTGS or IMPS are? Considering how complicated they look, it won't be a surprise.

06 Nov 2017

India

Digital transactions have shot up by 77 times since demonetization

PM Modi's demonetization drive may not have been as effective in tackling black money as it intended to, but it has served as a definitive catalyst in pushing India towards being a cashless economy.

12 Oct 2017

Paytm

Soon, transfer money from Paytm to MobiKwik and other wallets!

The Reserve Bank of India (RBI) has issued guidelines regarding interoperability of prepaid payment instruments (PPIs). Once the move is implemented, they will be able to conduct transactions with each other.

18 Sep 2017

India

Google Tez UPI-based payments app: All you need to know

Google has finally launched its UPI-based payments app in India, called Tez. This standalone app can be used to pay bills, movie tickets and for other online transactions.

14 Sep 2017

India

Google to launch digital payment service in India next week?

If reports are to be believed, Google is launching a localized digital payment service in India as early as next week.

21 Aug 2017

India

BHIM cash back scheme extended for merchants till March

The cash back scheme, that offers merchants incentives of up to Rs. 1,000 when they accept payments via BHIM application, has been extended.

11 Jul 2017

India

Uber, Amazon, Google: Big players taking to UPI

Uber and Amazon are planning to launch the unified payment interface (UPI) on their platforms soon.

20 Feb 2017

India

BharatQR code launched today for seamless payments

To enable seamless retail payments, the government today launched BharatQR code. The quick response (QR) code will enable digital payments without card swiping machines.

05 Feb 2017

RuPay

Banks free to fix charges on cashless transactions

To encourage greater participation by banks in developing cashless economy, the Reserve Bank of India (RBI) has allowed them the freedom to fix service charges on cashless transactions.

15 Jan 2017

NITI Aayog

45 people become lakhpatis under NPCI schemes

The Centre revealed that its incentives of announcing lucky draws to encourage electronic payments had already made 45 people 'lakhpatis'.

11 Jan 2017

India

The story of the security team behind the BHIM app

The Bharat Interface for Money (BHIM) app was launched on 30th December, 2016 by the National Payments Corporation of India (NPCI).

29 Aug 2016

India

A data leak and an earthquake mar this week

A massive leak of the technical details of India's Scorpene submarines severely hurt India's national security after The Australian made the details public.

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