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NPCI's introduction of the interchange fee of up to 1.1 percent on merchant transactions using PPI goes against the government's prohibition of any fees...
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NPCI's introduction of the interchange fee of up to 1.1 percent on merchant transactions using PPI goes against the government's prohibition of any fees...
India has spent a chunk of its Presidency flagging its DPI 'successes'—like Aadhaar and UPI—as examples of how technology can improve public service delivery.
A host of new features introduced by NPCI in the Unified Payments Interface (UPI) are now live, including pre-sanctioned credit lines, tap-and-pay mechanism, and...
The move can give consumers more flexibility in their payments, while also allowing merchants to benefit from the increased purchasing power of consumers without...
Due to demands, RBI has proposed to increase the per transaction limit to Rs 500 while maintaining the Rs 2000 overall limit per wallet.
Shortly after RBI Deputy Governor’s announcement regarding the soon-to-launch digital currency, HDFC Bank commenced its service of CBDC interoperable QR codes.
Under the new UPI block facility, funds will remain in the client's account but will be blocked and only accessible to the clearing corporation
The introduction of the refund API, as well as check status and req complaint APIs, could also serve as a step further in reducing...
The fees will only apply to prepaid payment instruments such as wallets, gift cards, vouchers, etc and not regular UPI payments made directly from...
PhonePe announced that it now supports the UPI Lite feature, which allows users to make payments under Rs 200 from an on-device wallet
