Page 18 - Npci

Google Pay, PhonePe account for 82% of UPI market by volume in Nov

New entrant into the market WhatsApp Pay had done 300,000 transactions in November, worth Rs 13.87 crore

UPI records over 2 bn transactions for second time in a row in November

Launched in 2016, UPI crossed 1 bn transactions for the first time in Oct 2019. While it took UPI three years to reach a billion transactions in a month, the next billion came in just a year

NPCI diversifies its ownership with share allotment to 19 new entities

Completes private placement of 4.63 per cent equity shares worth Rs 82 cr; number of shareholders rises to 67

Promote competition

Govt is turning anti-consumer in digital payments

Push Rupay as first option, seed accounts with Aadhaar by Dec: FM to banks

Retired bank employees should not be forgotten; bankers should be a cohesive family such as in defence, says Sitharaman

WhatsApp makes a move towards e-commerce, rolls out a shopping button

The WhatsApp button will let users browse through a catalogue offered by a business

Google, Walmart hit by India's move to limit some digital payments players

More than 2.07 billion UPI transactions were processed in October, according to NPCI, with Walmart's PhonePe accounting for just over 40% of those transactions

After NPCI nod, WhatsApp Pay set for a first come, first served plan

WhatsApp is working on the integration of its payment option with Jio Mart's e-commerce platform.

UPI firms say volume cap to hit biz; NPCI calls it a bid to curb dominance

Industry insiders suggest that this is aimed at bringing a balance in the UPI ecosystem, which is dominated by a few large players

Capping mkt share of UPI players to impact users, may hit adoption: Experts

Google Pay, Walmart's PhonePe and Paytm are among the TPAP players in the fast-growing UPI ecosystem, amid the sustained push for boosting digital payments in the country

Want to send and receive money via WhatsApp Pay? All you need to know

NPCI allowed WhatsApp to start its payments service in the country in a "graded" manner, starting with a maximum registered user base of 20 million in UPI

NPCI puts cap on third party apps' share of UPI transactions starting Jan 1

Currently, third party applications such as PhonePe, Google Pay, Paytm, and Amazon Pay, dominate the UPI ecosystem, controlling a majority of the transactions

NPCI allows WhatsApp to start payments service in a 'graded' manner

The decision came after the NPCI also issued a statement saying that it had decided to impose a 30% cap on the share of UPI transactions that a single payment application can process

Festive cheer for RuPay cardholders, NPCI offers up to 65% off on purchases

Customers will be able to avail discounts ranging from 10-65 per cent on top brands, including Amazon, Swiggy, Samsung, among others

India leads world, processes 41 mn real-time transactions a day: Report

Real-time payments doubled this year and transaction value increased by 80 per cent, says FIS Global.

UPI transactions stood at Rs 3.29 trillion in September, shows NPCI data

The Unified Payments Interface (UPI) transactions stood at Rs 3.29 lakh crore in September with number of transactions at 1.8 billion, NPCI data showed

UPI transaction volume tops 1.7 bn in Sept, crosses Rs 3 trn by value

The coronavirus (Covid-19) pandemic has resulted in massive adoption of UPI in the offline and online segments

Re-validation of details may be needed for cheques above Rs 50K from Jan 1

Availing of this facility would be at the discretion of the account holder

We don't share customer data with 3rd party outside payments flow: Google

"This is to clarify that press reports on the basis of the affidavit filed by Google before the Delhi High Court, do not represent the complete facts," a Google Pay spokesperson said on Friday

Allowed to share GPay transaction info with NPCI permission: Google to HC

The high court on Thursday listed the matter for hearing on November 10 as the Centre and Reserve Bank of India (RBI) have not filed their responses yet