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The court has sought a response from India's largest lender after crypto traders were barred from transferring funds via UPI.
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The court has sought a response from India's largest lender after crypto traders were barred from transferring funds via UPI.
PhonePe's recent decision may be an experiment to achieve compliance with the NPCI guidelines on market share.
Vidhi Centre for Legal Policy suggests a new retail payments law that keeps up with the changing payments landscape in India.
While UPI transactions have been growing consistently, this month saw a drop in the average amount exchanged per transaction.
By setting up a five-member panel, the RBI may be moving ahead with its NUE programme after all.
The month of August saw the highest number of average UPI transactions in a day.
As a part of its plan, the RBI had provided details on who could bid for licenses and set up operating parameters; it had...
The month of July recorded an increase of 432.5 million in the number of UPI transactions and saw the highest number of average transactions...
Even as the new parking facilities are poised to be expanded to cities like Mumbai and Bengaluru, experts have raised concerns about the lack...
The month of June recorded an increase of 267.9 million in the number of transactions and saw the highest number of average transactions in a day....