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National Payments Corporation of India News

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23 Oct 2024

Paytm Shares Jump 6.50% On Getting NPCI Nod To Onboard New UPI Users

The NPCI nod is expected to come as a relief to Paytm, which had suffered a blow following the Reserve Bank of India's restrictions earlier this year on associate company Paytm Payments Bank Limited (PPBL) in onboarding new UPI users on the Paytm app.

02 Jun 2024

14.04 Billion UPI Transactions In May, Sees 49% Year-on-Year Growth

Both the NPCI and the Reserve Bank of India (RBI) are exploring new use cases for UPI and extending its reach into the rural economy.

31 Jan 2024

New IMPS Rules From Feb 1: Check How Sending Money Will Get Simpler

Users can transfer funds using just a mobile number and the recipient's bank account name. The NPCI issued a circular on October 31, 2023. It allows for 24x7 instant domestic funds transfer through various channels.

23 May 2023

Now, Link Rupay Credit Cards With Google Pay For UPI Payments In India

The feature is now available to RuPay credit card holders of Axis Bank, Bank of Baroda, Canara Bank, HDFC bank, Indian Bank, Kotak Mahindra Bank, Punjab National Bank and Union Bank of India.

National Payments Corporation of India

03 Apr 2023

Govt May Consider 0.3% Fee To Maintain UPI Payment System

The facilitation fee of 0.3 per cent can generate around Rs 5,000 crore in 2023-24, said the study titled 'Charges for PPI-based UPI payments--The Deception'.

National Payments Corporation of India

29 Mar 2023

UPI Payment Rules Changing From 1 April 2023 --Read New Guidelines

Will customers have to pay interchange charges on on unified payment interface (UPI) transactions above Rs 2,000? Read what NCPI said.

Reserve Bank of India

10 Feb 2022

RBI proposes to raise limit on e-RUPI vouchers from Rs 10,000 to Rs 1 lakh

The present cap on such vouchers is Rs 10,000. The enhancement is expected to further facilitate the delivery of various government schemes. The e-RUPI pre-paid digital voucher is developed by the National Payments Corporation of India.

31 Jul 2021

PM Narendra Modi to launch e-RUPI on August 2, know more

e-RUPI is a cashless and contactless instrument for digital payment It is a QR code or SMS string-based e-Voucher, which is delivered to the mobile of the beneficiaries It is expected to be a revolutionary initiative in the direction of ensuring a leak-proof delivery of welfare services

UPI transactions

02 May 2021

BHIM UPI transactions down at Rs 4.94 lakh crore in April

The total number of transactions stood at 2.64 billion during the month, down by 3.3 percent from 2.73 billion in March. UPI had recorded 2.73 billion or 273 crore transactions which amount to Rs 5,04,886 crore in March. PhonePe, Google Pay, and Paytm control the maximum market share (90%).

05 Apr 2021

Here’s how to withdraw cash from ATM without using debit card

From now onwards, anyone can withdraw cash from the ATM without a Debit Card by just scanning the QR Code through the UPI App. As per a report, the company has partnered with the National Payments Corporation of India (NPCI) and City Union Bank to launch this facility. More than 1,500 ATMs have been upgraded to this service, while they are looking to upgrade more ATMs rapidly. To describe this process, users will have to first open any UPI app (GPay, BHIM, Paytm, Phonepe, Amazon) on the smartphone and scan the QR code shown on the ATM screen.

National Payments Corporation of India

16 Mar 2021

UPI-Help for digital payments goes live, register complaint online

Check status for pending transactions. Raise complaint for non-processed transactions. Raise complaint for merchant transactions.

09 Mar 2020

PhonePe services return to normal after Yes Bank crisis

All merchant payment settlements were restored by Friday noon and all consumer wallet, credit and debit card payments were restored by 3 pm, the company said in a statement.

Indian Overseas Bank

29 Jul 2017

IOB goes live with Bharat Bill Payment system

BBPS is an integrated bill payment system that offers inter-operable online bill payments to customers.

Karbonn Mobiles

04 Jul 2017

Karbonn K9 Kavach 4G with integrated BHIM app launched at Rs 5,290

The K9 Kavach 4G is powered with finger touch sensors in securing other applications and access to phone.

14 May 2017

MeitY reaches out to RBI, others against Wanna Cry ransomware

The IT ministry has reached out to key stakeholders like RBI, National Payments Corporation of India, NIC and UIDAI (Aadhaar) to advise them to protect their systems against 'Wanna Cry' ransomware to ensure that the digital payments ecosystem in the country is protected.

National Payments Corporation of India

08 Mar 2017

NPCI says rectified technical glitch that delayed EMIs

National Payments Corporation of India (NPCI) on Thursday said it has rectified the technical glitch that delayed deduction of equated monthly instalments (EMIs) of some bank customers in the past few days.

Hitachi Payments Services

09 Feb 2017

Debit card breach: Hitachi owns-up, says it 'regrets' the inconvenience caused

The National Payments Corporation of India (NPCI) had said over 600 customers had reported losses of at least Rs 1.3 crore due to the breach.

14 Jan 2017

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).

28 Nov 2016

HSBC launches its Unified Payments Interface for corporates in India

Foreign lender HSBC on Monday launched its Unified Payments Interface (UPI) for corporates in the country.

30 Aug 2016

Canara Bank launches UPI mobile app

The mobile app is available for download from Google play store.

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