[ad_1] The Unified Payments Interface (UPI) is a real-time payment system developed by the National Payments Corporation of India (NPCI). The UPI is the backbone of digital transactions and one of the most popular payment methods in India. It enables instant payments from bank accounts to merchants and individuals. It empowers seamless transactions that offer […]
UPI Lite auto top-up feature and new limits: How November’s update will simplify small payments – CNBC TV18
[ad_1] Starting November 1, 2024, managing your UPI Lite balance will get easier with a new auto top-up feature. This upgrade, introduced by the National Payments Corporation of India (NPCI), will automatically reload your UPI Lite account whenever the balance drops below a specified threshold, ensuring a seamless payment experience. Additionally, the Reserve Bank of […]
NPCI’s new UPI rules: Your NETC FASTag and RuPay NCMC can automatically top up – CNBC TV18
[ad_1] The National Payments Corporation of India (NPCI) has made an announcement regarding the auto-replenishment feature for NETC FASTag and RuPay National Common Mobility Cards (NCMC). Starting immediately, users will not need to receive a 24-hour pre-debit notification for auto-replenishment under the Unified Payments Interface (UPI) Autopay framework. This aims to simplify transactions for users […]
UPI Lite auto top-up feature to launch on October 31: Here’s how it will work – CNBC TV18
[ad_1] Starting October 31, UPI Lite users will have the option to enable auto top-up for reloading their accounts. This new feature, introduced by the National Payments Corporation of India (NPCI) in a circular on August 27, aims to simplify small-value transactions. The UPI Lite auto top-up will automatically reload the account with a user-chosen […]
GFF 2024 | RBI Governor unveils Bharat BillPay for Business, UPI Circle – CNBC TV18
[ad_1] In a defining moment for India’s fintech landscape, Reserve Bank of India (RBI) Governor Shaktikanta Das unveiled two transformative digital payment initiatives at the Global Fintech Festival (GFF) 2024 in Mumbai on August 28. Developed by the National Payments Corporation of India (NPCI), these new offerings—Bharat BillPay (BBPS) for Business and UPI Circle—are set […]
Swiggy UPI launched: How to set up and use it – CNBC TV18
[ad_1] Swiggy has unveiled its new Swiggy UPI feature. This feature incorporates the National Payments Corporation of India’s (NPCI) UPI Plug-in into its platform. With this update, users can now complete UPI transactions directly within the Swiggy app. The payment process has been simplified from five steps to just one. Key features of Swiggy UPI: […]
NPCI incorporates NPCI BHIM Services as a wholly-owned subsidiary – CNBC TV18
[ad_1] The National Payments Corporation of India (NPCI) on August 13 announced the incorporation of NPCI BHIM Services (NBSL) (earlier known as Bharat Interface for Money (BHIM)) as a wholly-owned subsidiary. This development aims to meet the growing demand for digital transactions and evolving market expectations while keeping pace with innovation and rapidly shifting customer […]
RuPay credit card on UPI to earn equal rewards like other cards from Sept 1 – CNBC TV18
[ad_1] Starting September 1, 2024, customers using RuPay credit cards for payments on UPI (Unified Payments Interface) and other platforms will get the same reward points as those using credit cards from other payment service providers. The National Payments Corporation of India (NPCI) has instructed banks to ensure parity in reward points and benefits for […]
‘UPI One World’ wallet service expands to all international travelers: What is it and how to use – CNBC TV18
[ad_1] The National Payments Corporation of India (NPCI) has announced the rollout of the ‘UPI One World’ wallet for inbound travellers, across all nations of the world, visiting India. The wallet, introduced during the G20 summit last year, has been expanded to cater to a broader range of countries, NPCI said. However, some countries are […]