Page 4 - Unified Payment Interface

New umbrella entity for retail payments can be 'for-profit': RBI

The banking regulator is inviting applications form interested parties for forming the umbrella entity till February 26, 2021

Truecaller logs 140 mn monthly active users, bets big on India market

The Swedish company said it had become profitable over the past four months and also crossed 200 million monthly active users around the world

How recent snooping incident may affect the launch of WhatsApp Pay

An Israeli spyware was used to snoop of some 1,400 people globally, including 121 Indian citizens. Listen to the podcast to know how this incident might affect the launch of WhatsApp's payment service

PhonePe annual loss more than doubles to Rs 1,905 crore in 2018-19

According to previous RoC filings, the net loss in 2017-18 was Rs 791 crore, way higher than the Rs 129 crore in FY17.

UPI outpacing global card cos Visa, Mastercard in payment space in India

Transactions through India's homegrown Unified Payments Interface reached almost half the value of debit and credit cards swiped at stores last month, central bank data show

Towards a 'less cash' economy

The UPI could propel banking into a new era

Launch of Unified Payment Interface deferred

23 out of 29 banks are expected to be ready with the new payments platform, which was to be launched today

A real game changer

Unified Payment Interface is a radical step forward