Page 37 - Upi

Statsguru: From UPI to IMPS, mapping digital transactions in India

Wallets have also made a comeback, with rising transaction volumes

NPCI asks banks to enable customer onboarding onto UPI through Aadhar, OTP

The need for authentication through Aadhar with OTP arose because the number of UPI users was getting restricted to the customers who had debit cards.

Sebi raises investment limit via UPI to Rs 5 lakh for retail investors

The new framework will be applicable to public issues of debt securities which open on or after May 1, 2022, the Securities and Exchange Board of India (Sebi) said in a circular

UPI transactions likely to touch Rs 100 trillion soon: Shaktikanta Das

RBI launches UPI for 400 mn feature phone users to widen digital payment reach

RBI deepens digital pay infra, launches UPI for 400 mn feature phone users

UPI is on course to reach Rs 100 trillion in value of transactions, said Governor Shaktikanta Das

Nepal to become first country to deploy India's UPI platform

Also, it will enable real-time cross-border P2P remittances between Nepal and India. Nepal becomes the first country outside India to adopt UPI

Nepal to become first country to deploy India's UPI platform

The international arm of the NPCI on Thursday announced to deploy UPI in Nepal to bolster interoperable real-time P2P, P2M and potential cross-border P2P remittances between Nepal and India.

How will UPI Lite allow payments without internet?

Technology, sure, is making our lives better. Very soon, you may be able to make digital payments up to a certain amount without an active internet connection. Let us find out how

Economic Survey: UPI is single largest retail payment system in the country

UPI ended calendar 2021 with record high transactions by both volume and value. According to NPCI data, it recorded 4.56 billion transactions worth Rs 8.27 trillion in December

Value of transactions on PhonePe in Q4CY21 grew 26% sequentially to $155 bn

PhonePe platform drove a cumulative 6.63 billion transactions in Q4, according to key digital payment trends from PhonePe Pulse Q4 2021

Bharat is affluent, educated and digitally savvy: Sharechat Report

The finding shows 29% of Bharat users post content daily at least once as compared to 22% of India users; 39% of Bharat uses social media as primary news source

India's next UPI moment can be Open Network Digital Commerce: Piyush Goyal

ONDC will help the common man get access-new age technology at affordable costs

UPI AutoPay e-mandates jump 32% to 6 million in December, shows data

The AutoPay platform of UPI is also being touted as the pillar for its next phase of growth

Paytm Payments Bank leads UPI beneficiary chart with 926 mn transactions

Paytm Payments Bank has emerged as the biggest receiver of UPI amount with 926.17 million transactions while public sector bank SBI topped the chart of being the biggest remitter in December

1 bn transactions a day on UPI quite possible in 3-5 years' time: NPCI CEO

"If we don't do anything, we will achieve this target in the next ten years. But we should aim to do it in the next 3 - 5 years' time," Asbe said

UPI faced downtime for several hours on Sunday due to technical glitch

Sources said, UPI was operational after 5 PM on Sunday. There were multiple level hardware failures which is why UPI faced downtime

IPO mandates via UPI decline marginally in December, shows data

In December, as many as 12 companies came out with their IPO and mopped up Rs 16,783.75 crore

Jio users can set standing instructions for tariff plans via UPI Autopay

Jio users can now set standing instructions for auto-debit for their tariff plans through UPI after a tie-up between the telecom player and NPCI

IndusInd Bank, NPCI join hands to offer cross-border payments through UPI

IndusInd Bank has signed an agreement with the National Payments Corporation of India (NPCI) for offering real-time cross-border remittances through UPI

Average value of UPI, RuPay transactions below Rs 2000, marking stagnancy

Digital transactions have increased many times, but their average ticket size is not growing for the domestic payments card.