Page 30 - Upi Transactions

UPI transactions in July-Sep up 183% at 2.7 bn; value jumps to Rs 4.6 trn

The number of transactions done on mobile wallets was 1.04 billion, an increase of just 5 per cent over previous year period while the value of transactions in the July-September period was Rs 466 bn

BHIM UPI goes international, launches at Singapore FinTech Festival

The QR code-based system would allow anyone with a BHIM app to scan the SGQR at NETS terminals for payments in Singapore

Sebi extends timeline for UPI Phase II implementation till March 2020

The decision has been taken after consultation with various intermediaries and National Payments Corporation of India (NPCI).

Google, Walmart drive UPI payments past 1-billion transaction mark in Oct

Amazon and Google now vie with local start-up Paytm, Walmart-PhonePe and a host of other players in a digital payments market forecast to quintuple to $1 trillion by 2023.

UPI bucks slowdown, records highest ever volume in September at 955 mn

Total value of transactions surpasses Rs 1.6 trillion, or 4.5% higher than that achieved in August

Tired of ATM frauds? Soon, you can withdraw money from ATMs using UPI

For now, this service is only available to Bank of India customers and at some ATMs

Paytm blends analytics, offline communication to woo small town merchants

Experts say Paytm - which claims to hold 80 per cent of the merchant digital wallet market in India at present - has much to gain being the first mover in these markets

Second phase of UPI mechanism for IPOs in place; Sebi provides banks list

The second phase of UPI as a payment mechanism commenced from July 1

Making UPI payments could soon be as easy as making a sound with your phone

Three companies, hired by NPCI, are in the process of testing sound-based e-payment technology