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PhonePe, Google Pay may soon end offering sops to customers
If PhonePe and Google Pay reduce providing incentives, it could result in the share of merchant payments shooting up
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Now, transfer money using only mobile number
UPI transactions have been continuously growing over the last two years, barring February, April and May 2021
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Sebi gives more time for implementation of SMS alerts for IPO process via UPI system
The deadline for putting in place an automated web portal with respect to IPOs through the UPI system has also been extended
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By April next year, transfer cash via mobile wallets
Reserve Bank of India has made mobile wallet interoperability mandatory
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India tops in real time payments in 2020, pips China, US, UK
Digital literacy is still under 15% of the total population in India
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UPI transactions dip in April, PhonePe’s dominance continues
According to NPCI data, the growth in UPI transactions has taken a short break in April owning to the pandemic and the general sluggishness at the sta
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UPI transactions down by Rs 13,000 crore in April
This is the first time since April 2020 that UPI transaction figures have gone down
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Digital payments rise, but cash demand equally strong
Digital payments and cash complement each other as both clock substantial growth in the pandemic year
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SBI, other banks report fewer tech glitches in UPI transactions
For the customer using UPI mode of transactions frequently, there is no escape from the irritating technical woes. But NPCI data shows a substantial d
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Customer privacy, data protection non-negotiable: RBI Deputy Governor M Rajeshwar Rao
The RBI Deputy Governor noted that in contrast to the open banking initiatives witnessed in some countries, India has embraced an approach where both
