Page 11 - Unified Payments Interface

UPI-based payments for IPOs from Jan 1, 2019 in a three-phased manner

The move will help reduce the time period between closing of an initial public offering (IPO) and listing of the security from six working days to just three working days

UPI transactions spike on back of version 2.0; August volume up 32%

UPI 2.0 is also expected to boost the value of transactions

Urjit Patel unveils UPI 2.0 with enhanced features developed by NPCI

The first version of UPI was launched in 2016

How BHIM app users are making easy money by using govt's cashback scheme

Lakhs of people have monetarily benefitted from the government's digital payments push

UPI transactions grow fastest in six months, up 30% at 246 mn in June

Value of transactions rose 22% from Rs 332 bn to Rs 408 bn between May and June

DocsApp ties up with PhonePe enabling faster payment via UPI

DocsApp has also facilitated direct payment from the mobile balance, a mode of payment used largely by the rural populace

Use UPI for banking? Be wary of crooks who will cheat you out of your money

According to a media report, loopholes in the UPI app have been exploited by cyber criminals

'More user-friendly versions of digital payments in pipeline'

A group of top secretaries formed by the Centre post demonetisation has advised the government to undertake such initiatives

SBI, HDFC Bank to accept UPI payments

Transactions through UPI were not picking up as daily transactions through the platform stood at a moderate figure of 10,000

Unified Payment Interface app downloads cross 10,000

A customer's multiple bank accounts can be added to a single bank's UPI app

Wake up to a new payments regime today

The launch was delayed by around a month from the July 31 deadline set by NPCI because some lenders were not prepared