Page 46 - Upi

Paytm says recorded 1.4 billion transactions in March

The firm said it continues to register, on average, 15% month-on-month growth

Walmart's PhonePe leads UPI payments, crosses 1 bn transactions in March

The development comes at a time when UPI has broken a new record, crossing Rs 5 trillion in value in March across 2.73 billion transactions

BharatPe plans to lend Rs 7,000 cr, become 'bank for all' small businesses

Sequoia-backed firm, which is set to become the next unicorn, provides payments technology and digital lending to traditional businesses.

Focus on technology

Banks must invest in improving customer interface

Top headlines: Cayman grey tag may hurt FPI, Telcos bid in spectrum auction

India's market regulator suggested a "dual approval" process for the appointment and removal of independent directors. Read top stories with Business Standard

Government may compensate banks for loss of MDR, says IT secretary

The move is part of the Budget proposal, where the government has earmarked Rs 1,500 crore for the promotion of digital payments this fiscal

UPI Jan volume up 77% to 2.3 bn year-on-year, value doubles to Rs 4.3 trn

Deals up 3% by both, value and volume, over December 2020 figures

Atmanirbhar campaign in sync with globalisation, PM tells MNC heads

Says India to soon supply two vaccines to the world, many more will come, going forward

Have no responsibility to audit members of UPI ecosystem: RBI tells SC

The Reserve Bank of India (RBI), in its affidavit filed in the top court, also said that the matters related to "data privacy and data sharing" come under the domain of the central government

'Pandemic paradox': Cash was king in 2020 as digital transactions increased

Experts cite hoarding as reason for 22% spike in currency in circulation

Online sales see growth from Tier 2, 3 cities, UPI to rule payments: Report

For Tier II and Tier III cities, localised customer support in regional languages and dialects will help businesses and brands to gain a competitive edge

UPI records over 2 bn transactions for second time in a row in November

Launched in 2016, UPI crossed 1 bn transactions for the first time in Oct 2019. While it took UPI three years to reach a billion transactions in a month, the next billion came in just a year

Fee on money transfers for US, doesn't apply to India: Google Pay

Google Pay had 67 million users in India as of September 19

Cyclone Nivar LIVE: Andhra Pradesh on high alert; IMD cautions heavy rains

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Capping mkt share of UPI players to impact users, may hit adoption: Experts

Google Pay, Walmart's PhonePe and Paytm are among the TPAP players in the fast-growing UPI ecosystem, amid the sustained push for boosting digital payments in the country

Want to send and receive money via WhatsApp Pay? All you need to know

NPCI allowed WhatsApp to start its payments service in the country in a "graded" manner, starting with a maximum registered user base of 20 million in UPI

No fee will be charged for sending money via WhatsApp: Mark Zuckerberg

No fee will be charged when sending money via WhatsApp, said Facebook CEO Zuckerberg following the nod by National Payments Corporation of India for WhatsApp to go live on UPI in the multi-bank model

PhonePe breaches 250-mn user mark; logs 925 mn transactions in October

Walmart-owned digital payments firm hits $277-billion annual TPV run-rate

Paytm accuses Google of trying to dominate India's digital ecosystem

Paytm suggested the global tech giant's move as hypocritical as Google, too, regularly runs similar scratch card campaigns in India under its Google Pay app

Pvt banks charging fee on more than 20 P2P UPI transfers in a month: Report

Defending the move, bankers said that the charges have been introduced in a bid to prevent frivolous transactions from putting a load on the system