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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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Digital payments rose last year more than the past five years, Niti Aayog says

Digital payments rose last year more than the past five years, Niti Aayog says

Mon, Jul 03, 2017

According to Niti Aayog demonetisation increased by 55% in FY17 subsequent to demonetisation drive. In value terms, growth of digital payment stood at 24.2% in FY17.

UPI crosses 1 crore transaction in June, says NPCI

UPI crosses 1 crore transaction in June, says NPCI

Mon, Jul 03, 2017

This is a staggering 10-fold increase in 11 months from barely one million UPI transactions in August 2016 to over 10 million in June this year.

Banks to start charging for peer-to-peer payments on UPI

Banks to start charging for peer-to-peer payments on UPI

Wed, Jun 07, 2017

Nearly two years after operationalisation of the Unified Payment Interface (UPI), banks have started moving to charge for peer-to-peer payments on the new platform.

MNP for banks if RBI has its way; will you gain from it?

MNP for banks if RBI has its way; will you gain from it?

Thu, Jun 01, 2017

Benefits of bank account portability would mean your account number would remain the same even if you change your bank. Banks, naturally, are not enthused by the idea but RBI is pushing for it.

WannaCry Ransomware: Here are 6 steps you can follow to prevent cyber attack

WannaCry Ransomware: Here are 6 steps you can follow to prevent cyber attack

Tue, May 16, 2017

The 'WannaCry' ransomware has attacked the computers across the world since last Friday but little is being talked about measures to prevent computers from such cyber attacks. Here are six steps you can follow to prevent such cyber attacks.

WannaCry: Should you stay away from ATMs?

WannaCry: Should you stay away from ATMs?

Mon, May 15, 2017

After the WannaCry ransomware infected the computers across the world, the Reserve Bank of India (RBI) has directed banks to operate their ATM networks only after machines receive a Windows update to protect the machines from the malware.

Here's everything to know about 'WannaCry' ransomware; measures & more

Here's everything to know about 'WannaCry' ransomware; measures & more

Mon, May 15, 2017

The 'WannaCry' ransomware has attacked about 150 countries across the world but little is being talked about what is this cyber attack about,which countries are affected and how to prevent it. Here's everything to know about 'WannaCry' ransomware.

Whatsapp to use UPI payments soon; here's how it may work

Whatsapp to use UPI payments soon; here's how it may work

Wed, Apr 05, 2017

Facebook owned messaging app, Whatsapp may soon launch Unified Payments Interface (UPI) to promote peer-to-peer payment on its platform among other payment modes. Whatsapp that has 200 million users in India would have its own mobile wallet which could be out in a matter of six months.

Digital transactions: Is UPI finally making the right bet to grow?

Digital transactions: Is UPI finally making the right bet to grow?

Tue, Apr 04, 2017

Nearly seven months since its launch, Unified Payments Interface (UPI) has failed to rock the digital transactions boat in India. Even demonetisation that forced the government to pivot to making India a 'less-cash' society hasn't helped much.

Reliance Retail in partnership with NPCI announces UPI Payments app facility across 200 stores in Mumbai

Reliance Retail in partnership with NPCI announces UPI Payments app facility across 200 stores in Mumbai

Thu, Mar 30, 2017

Reliance Retail in partnership with National Payments Corporation of India (NPCI) on Thursday launched mobile-based in-store UPI Payments facility app over 200 stores in Mumbai.

Hitachi admits to systems being compromised in 2016 leading to card scare

Hitachi admits to systems being compromised in 2016 leading to card scare

Thu, Feb 09, 2017

Hitachi Payments Services said its systems were compromised by a malware which resulted in losses for over 600 customers.

NPCI expects all public sector banks to join BHIM platform by end of February

NPCI expects all public sector banks to join BHIM platform by end of February

Tue, Feb 07, 2017

NPCI expects all public sector banks to join its recently launched BHIM platform by the end of February this year.

NPCI launches updated 1.2 version of BHIM app on Google Play Store; to be available in 7 new languages

NPCI launches updated 1.2 version of BHIM app on Google Play Store; to be available in 7 new languages

Wed, Jan 25, 2017

The National Payments Corporation of India (NPCI) on Wednesday launched second updated version 1.2 of Bharat Interface for Money (BHIM) app on Google Play Store for Android phone users.

Now, NPCI tells PhonePe app is in contravention of UPI guidelines

Now, NPCI tells PhonePe app is in contravention of UPI guidelines

Fri, Jan 20, 2017

After directing ICICI Bank to accept payments from PhonePe app through UPI, it now tells PhonePe it has been going against the guidelines.

NPCI asks ICICI Bank to open up to PhonePe "immediately"

NPCI asks ICICI Bank to open up to PhonePe "immediately"

Fri, Jan 20, 2017

SBI had also blocked money transfers by its account holders to Paytm, Mobikwik and Freecharge.

Over 3 lakh consumers & 20,000 merchants receive prizes worth nearly Rs 61 crore in govt's digital payment schemes

Over 3 lakh consumers & 20,000 merchants receive prizes worth nearly Rs 61 crore in govt's digital payment schemes

Thu, Jan 19, 2017

Over 3 lakh consumers and more than 20,000 merchants have received prizes worth nearly Rs 61 crore at the government's recently started digital payments scheme titled 'Digi-Dhan Melas'.

Govt's e-payments platform BHIM App witnesses over 10 million downloads in 10 days

Govt's e-payments platform BHIM App witnesses over 10 million downloads in 10 days

Mon, Jan 09, 2017

The government's recently launched e-payments platform BHIM App has witnessed over 10 million downloads in 10 days. Prime Minister Narendra Modi had launched BHIM App during his address to 'DigiDhan Mela' in New Delhi on December 30 last year, according to earlier PTI report.

Govt announces 'Christmas Gift' of Rs 340 crore to spur digital payments

Govt announces 'Christmas Gift' of Rs 340 crore to spur digital payments

Thu, Dec 15, 2016

Amitabh Kant announced schemes which incentivise transactions as small as Rs 50 to Rs 3,000 to encourage digital payments.

NITI Aayog mulls Rs125-crore budget for lucky draws to boost e-payments

NITI Aayog mulls Rs125-crore budget for lucky draws to boost e-payments

Sun, Dec 11, 2016

Aimed at promoting digital transactions, government think tank NITI Aayog has proposed an award scheme with a budget of Rs 125 crore to incentivise people using electronic mode of payments through weekly and quarterly lucky draw contests.

NITI Aayog to offer incentives to encourage digital transactions

NITI Aayog to offer incentives to encourage digital transactions

Sun, Dec 11, 2016

In a bid to promote electronic transactions, NITI Aayog has asked NPCI to frame an award scheme to incentivise people using digital mode for making payments through weekly and quarterly lucky draws.

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