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Monday, December 06, 2021

Unified Payments Interface

UNIFIED PAYMENTS INTERFACE NEWS

UPI and QR code payments skyrocket, hit all time high in 2021: Worldline report

December 03, 2021 4:07 pm

UPI has managed to bridge the gap between P2P and P2M transactions.

Covid-19 underscores importance of tools that help alleviate poverty, build resilience

August 01, 2020 9:49 am

WhatsApp head Will Cathcart writes: With courage, ambition, and boundless potential, India can emerge from this pandemic stronger than ever before — a leading democratic digital powerhouse that will lead the world in the 21st century.

Can digital tools trigger behavioural shift in how Indians save?

March 22, 2020 10:30 am

India and its central bank have done a tremendous job so far, to reach every nook and corner of the country to ensure rural branches or bank correspondents to cover every village and district. This is India’s chance to build on that success by using digital technologies and platforms such as WhatsApp.

Bengaluru saw most digital transactions in India last year, says report

February 28, 2020 6:30 pm

Most transactions in volume and value took place in October 2019, during Diwali.

MDR compensation: Government turns down banks’ demand

January 12, 2020 12:30 am

The waiver, effective January 1, is aimed at incentivising digital payments and is in sync with the policy objective of moving towards a less-cash economy.

April UPI usage volumes 2 per cent lower than March figures

May 02, 2019 12:53 am

The number of UPI transactions dropped a little over 2 per cent m-o-m to 781.79 million in April from 799.54 million in March. The value of transactions continued to grow, rising 6.4 per cent m-o-m to Rs 1.42 lakh crore.

WhatsApp in talk with SBI, NCPI to launch UPI-based payments service: Report

June 23, 2017 1:38 pm

WhatsApp is in talks with Indian banks, including State Bank of India (SBI), to enable bank-to-bank transfers via UPI (Unified Payments Interface). Whether payment option will be integrated as an option in the app or will be facilitated via payments gateway page remains to be seen.

Use a mobile wallet? Here's why it may soon be redundant

May 09, 2016 8:41 am

UPI does not require a specific bank account unlike existing players which offer the product to only those who have an account with them.

Unified Payments Interface system : Faster, easier and smoother

April 15, 2016 1:14 am

All that a customer needs is a smartphone with the Unified Payments Interface (UPI) application for instant online payment of utility bills, school fees, over-the-counter payments and online shopping.

Just press play

April 13, 2016 12:06 am

Newly launched Unified Payments Interface will change the way Indians bank by drastically reducing transaction costs.

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