Page 2 - United Payments Interface

UPI logs phenomenal growth, other nations keen to learn from India: Panda

Several countries have shown interest to learn from Indian experience so that they could replicate the model: Financial Services Secretary Debasish Panda

Sebi approves Paytm UPI handle for IPO applications

The move will enable fast and seamless payment mandates for IPO applications

RBI working committee in favour of setting up NPCI-type agency for fintechs

RBI panel favours new structure for better supervision

UPI volumes at new high; digital transactions almost at pre-Covid levels

In August, UPI volumes touched 1.61 billion transactions worth Rs 2.98 trillion, compared to 1.49 billion transactions in July worth Rs 2.9 trillion

Bridges to the digital mainstream

Book review of Bridgital Nation: Solving Technologies People Problem

With P2P transactions in place, UPI players shift focus to merchant space

NPCI is said to be running a pilot on proximity payments through UPI, which can invalidate the need of PoS machines for card-based payments

Chinks in UPI armour begin to show; users lose money on failed transactions

Payments corp not following on cases of stuck payments and banks not upgrading capacity in line with volumes