Mon, Nov 04, 2019
Unified Payments Interface or UPI is a system that powers multiple bank accounts merging several banking features into a single mobile application providing seamless fund routing and merchant payments. The feature was introduced to make digital payments easier and while it has done that successfully, unfortunately, fraudsters have found a new way of looting customers.
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Fri, Jul 05, 2019
FM Sitharaman said, "To promote other electronic modes of payment, it is proposed to amend these provisions to also allow payment or receipt through other prescribed electronic modes."
Wed, Jun 05, 2019
Explaining its new milestone, Paytm gave credit to hefty rise in usage of digital payment via credit cards, debit cards, wallets and Unified Payments Interface (UPI).
Tue, Oct 02, 2018
"Our country is embracing digital payments for their everyday use cases. Paytm has built an ecosystem where users can make payments for various services such as mobile recharges, electricity and water bills, metro commute and also at the offline stores," Paytm Senior Vice President Deepak Abbot said.
Thu, Dec 08, 2016
On its way to complete two billion transactions this year surpassing its own expectations, Digital payments platform Paytm today said it aims to become universal payments app across every bank account.
Mon, Aug 29, 2016
Ratan Tata, Nandan Nilekani and Vijay Kelkar have come together to set up a technology-enabled microfinance entity, Avanti Finance, which will focus on delivering affordable and timely credit to underserved and unserved segments in India.
Binny Bansal, Group CEO and Co-founder, Flipkart said, “UPI is a watershed moment in the digital payments industry, not just in India but worldwide. I’m thrilled that PhonePe and YES Bank are working together closely to spearhead the digital payments revolution in India.”
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