Google Pay

UPI services will be unavailable for some users from April 1; check here

The National Payments Corporation of India will remove IDs and users with inactive mobile numbers will be unable to use online payment applications like Google Pay, Paytm, PhonePe, etc

Google Pay begins charging fee for bill payments via credit, debit cards

The newly introduced fee ranges from 0.5 per cent to 1 per cent of the transaction value, in addition to the applicable GST

UPI can grow 10 times from current base, says NPCI chief Dilip Asbe

The apex payments body recorded 16.73 billion transactions in December 2024. UPI registered over 172 billion transactions in 2024 alone

Navi crosses 1% market share in UPI transactions in December 2024

This is the first time in many months that a firm outside the top three has achieved this

NPCI extends market cap deadline for UPI apps by two years to end of 2026

This extension provides significant relief to market leaders PhonePe and Google Pay, which dominate UPI transactions in India

NPCI delays UPI payments market share cap in relief for PhonePe, Google Pay

The mandate, which was to take effect from the end of 2024, will now kick in at the end of December 2026

RBI allows interoperability between PPIs like wallets for UPI payments

Currently, UPI payments are interoperable such that a user can use any TPAP to transfer funds

Iran restores WhatsApp, Google Play access after bans during protests

Iran's government on Tuesday said it had lifted a ban on access to WhatsApp and Google Play after more than two years, the official IRNA news agency reported. The report said the country's Supreme Council of Cyber Space made the decision in a meeting led by reformist President Masoud Pezeshkian, who has vowed to remove restrictions on social media. Iran's telecommunication minister Sattar Heshemi in a post on X called the decision a first step in removing restrictions and said the path will continue" indicating the possibility of unblocking other services. Many people reached by The Associated Press across the capital, Tehran, and other cities said they had access to the services on computers but not yet on mobile phones. WhatsApp has been the third most popular messaging platform in Iran after Instagram and Telegram. The ban on WhatsApp and Google Play was put in place in 2022 during mass protests against the government over the death of a woman held by the country's morality po

Google Pay partners with Muthoot Finance to sell gold-backed loans

Partnership will offer 'affordable interest rates and flexible usage options'

Tier II, smaller cities consuming over 80% credit: Google Pay exec

At 10th edition of Google for India, fintech major announced credit partnerships with two lenders: Aditya Birla Finance Limited for unsecured loans and Muthoot Finance for gold-backed secured credit

NPCI considers easing UPI market share cap amid enforcement challenges

NPCI is considering increasing the allowable market share to to over 40% from the previously proposed 30% cap

How to make payments with Google Pay's UPI Circle: A complete guide

UPI Circle is designed to assist individuals who may not have a bank account or find it inconvenient to manage digital payments

Google Pay launches UPI Circle, other features at Global Fintech Fest 2024

UPI Circle on Google Pay is a feature designed to help users make digital payments without needing to link their own bank account

Well-regulated, mkt-based mechanism necessary for UPI MDR: Sharath Bulusu

"In the long run, the payments ecosystem has to be viable in a country of our scale," said Bulusu

Well-regulated, mkt-based mechanism necessary for UPI MDR: Sharath Bulusu

Bulusu explains the rationale behind the need for merchant discount rate (MDR) for UPI, the company's focus on Indian languages, and credit strategy

Google Pay, PhonePe, and Amazon Pay seek entry into RBI's digital rupee

These payment firms are collaborating with the RBI and the NPCI and are anticipated to introduce e-rupee access within the next three to four months, according to a Reuters report

PhonePe, Google Pay lose their UPI transactions share to new entrants

Operated by state-backed NPCI, UPI is a system that allows users to make instant money transfers by linking banks with fintech apps such as Paytm, PhonePe and Google Pay

After historic high, UPI transactions see marginal dip in June to 13.89 bn

IMPS down by 7%, FASTag 4%; but Aadhaar Enabled Payment System (AePS) see a 11% jump in volume & 7% in value

Gpay no longer functional in this country as Google shifts focus to Wallet

Users will now manage payment methods, tap to pay at stores, and pay online directly through Google Wallet

China may impose similar regulations for WeChat as India's UPI rules

Google Pay, PhonePe, and Paytm controls over 90 per cent of UPI transaction volume and value in India