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NPCI

Handle cash? STOP! Help kill off coronavirus, save yourself and others too

Handle cash? STOP! Help kill off coronavirus, save yourself and others too

Thu, Mar 26, 2020

Coronavirus In India: Cash is still king in India, but it is time it was dethroned!

Yes Bank crisis: Do online transactions? Alert! Swiggy, Flipkart, others scrap UPI payments option

Yes Bank crisis: Do online transactions? Alert! Swiggy, Flipkart, others scrap UPI payments option

Fri, Mar 06, 2020

Payments on several digital platforms have been hit after restrictions were imposed on Yes Bank by the the Reserve Bank of India (RBI). The bank is one of the biggest back-end solution platforms for making UPI payments.

UPI Alert! Keep your bank account secret even when you make online money transfer; Here is how

UPI Alert! Keep your bank account secret even when you make online money transfer; Here is how

Fri, Jan 17, 2020

UPI allows users to transfer money any time, on a real-time basis, across multiple bank accounts, without revealing details of one’s bank account.

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FASTag alert! Toll Plaza coupon recharge introduced! Check how to benefit

FASTag alert! Toll Plaza coupon recharge introduced! Check how to benefit

Thu, Dec 26, 2019

FASTag Recharge: NPCI with the objective to provide all vehicle owners the convenience of NETC FASTag recharge, is now offering customers the option to recharge via BHIM UPI as well.

BIG BOOST to Digital India Program! UPI crosses 1bn transactions in October 2019

BIG BOOST to Digital India Program! UPI crosses 1bn transactions in October 2019

Fri, Nov 01, 2019

Big Boost to Digital India: The NPCI has informed that the transactions of UPI have crossed the landmark figure of 1 billion in the month of October 2019.

Boost for digital payments! NPCI rationalises merchant discount rate for RuPay Debit Card

Boost for digital payments! NPCI rationalises merchant discount rate for RuPay Debit Card

Sat, Sep 14, 2019

According to the NPCI notification, MDR has been revised to 0.60% for transaction above Rs 2,000 with a maximum cap of Rs 150 per transaction.

Aadhaar enabled payment system transactions cross 200 million in July 2019, confirms NPCI

Aadhaar enabled payment system transactions cross 200 million in July 2019, confirms NPCI

Mon, Aug 12, 2019

National Payments Corporation of India announced the transactions of Aadhaar enabled payment system (AePS) for the month of July 2019 have crossed the milestone number of 200 million.

Retail investors must use UPI option to be allowed to invest in IPOs

Retail investors must use UPI option to be allowed to invest in IPOs

Mon, Jul 29, 2019

For the secure, simple and seamless process of investing in IPOs, the National Payments Corporation of India (NPCI) on July 29th said that it's mandatory for retail IPO investors to pay through UPI-based ASBA (Applications Supported by Blocked Amount) option.

ICC World Cup 2019: NPCI announces cashback offers for international RuPay debit cardholders

ICC World Cup 2019: NPCI announces cashback offers for international RuPay debit cardholders

Mon, Jun 10, 2019

To enhance the World Cup fervour and make Team India fans' trip to England more exhilarating, the NPCI has announced various cashback offers for the cricket fans travelling to England.

NPCI mulls using blockchain solution to strengthen digital payments

NPCI mulls using blockchain solution to strengthen digital payments

Sun, Apr 14, 2019

"Blockchain stores information about transactions between users in a way that can be tracked by any user for forever for maximum transparency. This gives visibility which can lead to greater efficiency by automating or confirming transactions and increasing liquidity in the supply chain," said Innefu Labs Co-Founder Tarun Wig.

These RuPay cards give cash back of 5% to 10% on ATM, POS transactions, Rs 10 lakh accident insurance

These RuPay cards give cash back of 5% to 10% on ATM, POS transactions, Rs 10 lakh accident insurance

Thu, Mar 07, 2019

The RuPay Global cards runs on the Discover Network when used outside India. The break globally has helped Indian homegrown card payment network RuPay to expand its footprint.

UIDAI asks banks not to discontinue Aadhaar payment system

UIDAI asks banks not to discontinue Aadhaar payment system

Sat, Dec 01, 2018

The UIDAI on Friday asked banks not to discontinue the Aadhaar Enabled Payment System (AEPS) as it may create obstruction in the delivery of welfare benefits.

BHIM, Google Pay, Paytm users? Beware, you cannot do this anymore; big setback announced

BHIM, Google Pay, Paytm users? Beware, you cannot do this anymore; big setback announced

Tue, Oct 30, 2018

Big setback for BHIM, Google Pay, Paytm and other users has just been announced. The National Payments Corporation of India (NPCI) maker of UPI introduced new checks and balances, believing that such movement will encourage genuine transactions on UPI.

NPCI plans to make it big in credit card segment

NPCI plans to make it big in credit card segment

Wed, May 09, 2018

The RBI-backed national payments gateway,which pitches itself as an indigenous alternative to the foreign-owned Visa and MasterCard, has been acquired only 5 lakh customers through 12 bank alliances since the launch of the credit card last July.

Using NPCI platform; EPFO will transfer your PF money faster

Using NPCI platform; EPFO will transfer your PF money faster

Sat, Nov 25, 2017

The board took note of the 10 requests from ineligible establishments for waiver of damages during the period May 20, 2017 to September 30, 2017 which were earlier rejected by EPFO.

UPI transaction surged exponentially within year of demonetisation

UPI transaction surged exponentially within year of demonetisation

Sun, Nov 05, 2017

Digital transactions through Unified Payments Interface (UPI) have surged exponentially 77 times within a year of the demonetisation drive.

Google Tez may have got 7.5 million users in 5 weeks, but many are still unhappy

Google Tez may have got 7.5 million users in 5 weeks, but many are still unhappy

Mon, Oct 30, 2017

Many of the comments by users have been negative as users often have complained against money being deducted from their account but not being delivery to the receiver.

UPI still way behind other digital payments despite growing tie-ups with mobile apps

UPI still way behind other digital payments despite growing tie-ups with mobile apps

Mon, Sep 18, 2017

Google finally launched Tez mobile payment app which is integrated with UPI. This comes a day after Airtel Payment Bank announced tie-up with UPI.

Google to launch TEZ mobile payment service in India on Monday

Google to launch TEZ mobile payment service in India on Monday

Sat, Sep 16, 2017

According to an official communication Finance Minister Arund Jaitley said that Google's payment service Tez will launch on Monday.

NPCI says UPI transactions rose 10% in July

NPCI says UPI transactions rose 10% in July

Wed, Aug 02, 2017

Key Highlights: UPI transactions in July rose 10%, at 11.63 million In value terms, transactions stood at Rs 3,411 crore

Indian Overseas Bank goes live with Bharat Bill Payment system

Indian Overseas Bank goes live with Bharat Bill Payment system

Sat, Jul 29, 2017

BBPS is an integrated bill payment system that offers inter-operable online bill payments to customers.

NPCI gets RBI nod to function as Bharat Bill Payment Central Unit

NPCI gets RBI nod to function as Bharat Bill Payment Central Unit

Fri, Jul 28, 2017

Key Highlights NPCI was running bill payments as pilot for over a year Soon you can pay electricity, DTH, telecom bills using NPCI

Google readies its UPI payment system before Whatsapp

Google readies its UPI payment system before Whatsapp

Mon, Jul 10, 2017

AP Hota, MD and CEO, National Payments Corporation of India (NPCI) said that Google has finished testing its UPI system and is currently waiting for the Reserve Bank of India (RBI) to give its nod for the services to begin.

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