eCommerce Swiggy Instamart Partners with Park+ to Deliver FASTags at Doorstep Instead of waiting 3-7days, FASTags can now be delivered within minutes through Swiggy Instamart Pragati SinghApril 2, 2024
News PhonePe introduces UPI payments on UAE’s Neopay terminals PhonePe explained that this collaboration with UAE’s Mashreq Bank was facilitated through Mashreq’s partnership with NPCI International Payments Limited (NIPL). Simone LoboMarch 29, 2024
News Competition Commission of India conducting enquiries against fintech entities Foreign fintech entities like Google Pay and PhonePe are dominating the UPI market and CCI has been urged to regulate this in the past. Simone LoboMarch 28, 2024
News Paytm receives NPCI approval to continue its UPI functions in partnership with other banks The Reserve Bank of India in January placed major restrictions on Paytm Payments Bank, including asking it to stop its UPI services. Sarvesh MathiMarch 15, 2024
News NPCI holds meeting to discuss ways to reduce concentration risk in UPI: Report NPCI aims to shake up the UPI market, pushing for a more diverse ecosystem beyond the PhonePe and Google Pay dominance. Sarvesh MathiMarch 7, 2024
News RBI allows Paytm to migrate @paytm UPI users to other banks once NPCI gives approval This should come as a huge relief to Paytm as it provides customers and merchants with some assurance that UPI services will continue as... Sarvesh MathiFebruary 26, 2024
News New Umbrella Entity scheme halted because no innovative solution received but final call not yet taken: RBI Governor RBI has yet to take a final call on whether to shelve the NUE scheme which was proposed by the central bank in 2019... Sarvesh MathiJanuary 15, 2024
News Customers can now switch card networks whenever they want: RBI RBI has invited comments on the draft circular from concerned stakeholders by August 4 Kamya PandeyJuly 6, 2023
News You can now link your HDFC RuPay credit card with UPI With the extension of the popular UPI payment method to credit cards, consumers and merchants have more options to work with. Sarvesh MathiFebruary 17, 2023
News UPI apps PhonePe, Google Pay may get more time to adhere to 30% share cap NPCI may extend the deadline for its mandate requiring UPI payment apps to hold no more than 30% market share. Sarvesh MathiJune 6, 2022