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 NPCI declares Rs 54.90 cr prize money for NITI Aayog's lucky draw schemes

NPCI declares Rs 54.90 cr prize money for NITI Aayog's lucky draw schemes

National Payments Corporation of India (NPCI) on Saturday declared Rs 54.90 crore prize money to over 3.42 lakh winners for NITI Aayog's lucky draw schemes for consumers and merchants. The two schemes are - Lucky Grahak Yojna (LGY) and Digi-Dhan Vyapar Yojna (DVY). 

Awards up to Rs 1 crore under 'Lucky Grahak Yojana', 'Digi-Dhan Vyapari Yojana' to be announced today

Awards up to Rs 1 crore under 'Lucky Grahak Yojana', 'Digi-Dhan Vyapari Yojana' to be announced today

NITI Aayog on December 15 had announced the launch of two schemes 'Lucky Grahak Yojana' and the 'Digi-Dhan Vyapari Yojana' to give cash awards to consumers and merchants who utilise digital payment instruments for personal consumption expenditures.

Awards up to Rs 1 crore under 'Lucky Grahak Yojana', 'Digi-Dhan Vyapari Yojana' to be announced on Sunday

Awards up to Rs 1 crore under 'Lucky Grahak Yojana', 'Digi-Dhan Vyapari Yojana' to be announced on Sunday

NITI Aayog on December 15 had announced the launch of two schemes 'Lucky Grahak Yojana' and the 'Digi-Dhan Vyapari Yojana' to give cash awards to consumers and merchants who utilise digital payment instruments for personal consumption expenditures.

All you must know about UPI app

All you must know about UPI app

After demonitisation, Unique Payments Interface (UPI) is an important tools for shifting to a cashless economy.

 Demonetisation: Rupay debit cards can be used at PoS terminal, clarifies NPCI

Demonetisation: Rupay debit cards can be used at PoS terminal, clarifies NPCI

Following demonetisation, when huge rush of people can be witnessed using payment mechanisms like point of sale (PoS) machines, the National Payments Corporation of India (NPCI) on Monday too has clarified that its RuPay debit cards can be used at such terminals for transactions.

Demonetisation: NPCI waives switching fee for RuPay PoS and e-commerce transactions

Demonetisation: NPCI waives switching fee for RuPay PoS and e-commerce transactions

National Payments Corporation of India (NPCI) on Monday said it has waived till year-end the switching fee for all RuPay issuing and acquiring member banks for point of sales (PoS) and e-commerce transactions.

National Payments Corp to launch three cards

The company will launch a 'Mudra' card, a credit card and an international card, its Chairman M Balachandran told reporters here.

Payments banks: NPCI to ramp up capacity to 100 mn deals a day

"We are ramping up the switching capacity from 40 million per day to 100 million. We are fully geared for all the payments banks," its managing director and chief executive A P Hota said last week.

NPCI cuts inter-bank ATM transaction fees by 10%

The National Payments Corporation of India (NPCI) on Friday announced a 10 percent or 5 paise reduction in charges for transactions on its inter-bank ATM network.

SBI launches RuPay Platinum debit card

Country's largest lender State Bank on Thursday launched a RuPay Platinum debit card in association with National Payment Corporation of India (NPCI).

NPCI brings all 56 regional rural banks under RuPay network

National Payments Corporation of India (NPCI) on Friday said it has enabled all 56 regional rural banks under its central payment systems network with RuPay cards and access to National Automated Clearing House service.

Virtual form of RuPay card on anvil

After launching the RuPay debit card, National Payments Corp (NPCI) is set to come out with its virtual form in the next few months, a move that will give further push to smartphone-based transactions.

NPCI scrambles to issue RuPay cards as Jan Dhan accounts zoom

Over the weekend, financial services secretary G S Sandhu had said that banks had opened 4 crore accounts so far and mobilised about Rs 3,700 crore as deposits in these accounts.

PM Narendra Modi launches Jan Dhan Yojana

Prime Minister Narendra Modi on Thursday launched Jan Dhan Yojana, a mega financial inclusion plan under which bank accounts and RuPay debit cards with inbuilt insurance cover of Rs 1 lakh will be provided to crores of persons with no access to formal banking facilities.

Narendra Modi to launch Jan Dhan Yojana today; 1 crore bank A/Cs to be opened on day 1

Prime Minister Narendra Modi is today launching his ambitious Jan Dhan Yojna, which will provide a bank account for every Indian household.

RuPay Card base to touch 25 mn by Mar: NCPI

"We have so far issued 14 million RuPay cards, and this will touch 25 million by the end of March," NPCI Managing Director and Chief Executive Abhay P Hota said.

Hiking ATM fees: NPCI forms six-bank panel

To make operations of automated teller machines (ATMs) viable, the National Payments Corporation Wednesday convened a committee of six banks to come up with suggestions around cost and charges for use of the ubiquitous machines.

NPCI launches e-commerce solution in RuPay Card

The National Payments Corporation (NPCI) Friday launched its e-commerce solution named 'RuPay PaySecure' that will enable all RuPay card holders to make online payment.

NPCI to launch RuPay global cards by July

National Payments Corporation of India (NPCI) Friday said its RuPay debit card will go international by July and announced a tie-up with an American card issuer.

NPCI to tie up with Airtel Money soon

Till now, the non-banking mobile wallet companies have not come on the interbank mobile payment services (IMPS) platform even though the sector regulator RBI has given its nod.