Tue, Nov 26, 2019
Unified Payments Interface or UPI was introduced with the aim of merging several banking features into a single mobile application providing seamless fund routing and merchant payments. However, even this mode of transaction has been targeted by fraudsters to steal customers' money with several such cases emerging in recent months.
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Tue, Nov 19, 2019
UPI payments will see greater adoption among users if operations are also launched in countries with a sizeable population of Indians, such as UAE and Singapore, believes Trishneet Arora – Founder & Chief Executive Officer, TAC Security.
Wed, May 22, 2019
One of the charms for using digital payment apps is that they are hassle free.
Fri, Dec 28, 2018
Earlier this month, a strange incident was reported from Uttar Pradesh's Noida where a UPI user reportedly lost Rs 6.8 lakh from his State Bank of India (SBI) savings account.
Fri, Aug 17, 2018
Until now UPI could be linked only to savings bank accounts. In the new version, it can be linked to current accounts as well. The other features offer benefits to both individual customers as well as merchants in terms of enhanced security.
Tue, Mar 21, 2017
He explained that since BHIM was launched, there have been 19.16 million downloads of which 5.1 million customers have linked it with their bank accounts.
Fri, Dec 16, 2016
As per RBI, in the month of November 2016, a total of 671.5 million transactions took place with a total value of Rs 94,004.2 billion.
Thu, Dec 15, 2016
The application serves as a single mode to make payments through multiple bank accounts.
Thu, Nov 24, 2016
Finance Minister said there are 14 lakh POS machines which are there at retail level and this figure has to be expanded manifold.
Thu, Aug 25, 2016
The banks with 1,000 pilot customers, 5,000 transactions and a success rate of around 80% will be permitted to go live.
Sat, Jul 09, 2016
The instruments are expected to grow the consumer and SME loan market from $600 billion to $3,020 in the next 10 years.
Sun, May 08, 2016
"If the UPI adoption continues mobile wallets like SBI's Buddy, ICICI Bank's Pockets, HDFC Bank's Chillr and Paytm will be redundant," said the report.
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![IndusInd Bank launches "IndusPay" app to promote digital payments](https://cdn.zeebiz.com/sites/default/files/styles/zeebiz_160x90/public/2016/12/15/11014-induspay-official-website.png?itok=EB4B5zL2&c=3c57a3560421ffc1c60c933cbe62e5b9 "IndusInd Bank launches "IndusPay" app to promote digital payments")
