close

News WrapGet Handpicked Stories from our editors directly to your mailbox

UPI

Mumbai banker loses Rs 87,000 via digital payments app

With increased online payments it is important to know how to protect UPI transactions from cyber fraud.

Aug 30, 2019, 14:20 PM IST

Truecaller apologises for bug that covertly signed up users for UPI

This "anomaly", which triggered panic and hacking fears last week, affected less than 0.12 per cent of Truecaller's total monthly users in India, said the company which has over 100 million daily active users in the country.

Aug 07, 2019, 15:48 PM IST

LIC's new business premium grows 5.68% to Rs 1.42 lakh-cr in FY19

The total assets held by the corporation, which commands over 70 percent of the life insurance industry despite the advent of private companies, stood at Rs 31,11,847 crore as against Rs 28,45,041 crore in the previous year, signifying a growth of 9.38 percent.

Jun 28, 2019, 10:52 AM IST

Sebi extends phase 1 implementation of UPI for retail IPO investors till June 30

However, the timeline for implementing phase 2 and phase 3 shall remain unchanged from the date of completion of phase 1, Sebi said in a circular.

Apr 04, 2019, 10:37 AM IST

Swiggy partners ICICI bank to launch digital payment solutions for faster delivery

The integration aims to bring convenience to Swiggy's large fleet of delivery partners by reducing the need for travelling to their collection hubs to deposit the money.

Mar 19, 2018, 19:21 PM IST

Digital payments to reach $1 trillion by 2023 in India: Report

The share of cash transactions in India is estimated to account for 70% of total transactions in value terms and 90% in volume.

Feb 15, 2018, 21:23 PM IST

Card transactions soar 84% in Sep 2017 to Rs 74,090 crore

The transaction volume at all points of sale (POSes) clipped higher by 86 per cent to 378 million in September this year over the same period last year when it stood at 203 million, European payment solutions provider Worldline said in a weekend report quoting the Reserve Bank data.

Nov 19, 2017, 10:08 AM IST

Digital payment bound to pick up with new technology, says FM Jaitley

Jaitley further said high denomination currency circulation has come down in terms of volume after demonetisation of Rs 500 and Rs 1,000 notes that came into effect from November 9 last year.

Sep 18, 2017, 15:46 PM IST

This is how Google's digital payment app 'Tez' works

Tez, which means fast in Hindi, is a standalone payments app that can be downloaded on Android and iOS devices. 

Sep 18, 2017, 14:45 PM IST

Airtel Payments Bank launches UPI enabled digital payments

Airtel Payments Bank on Sunday said it has become the first payments bank in India to integrate the Unified Payments Interface (UPI) on its digital platform.

Sep 17, 2017, 14:48 PM IST

NPCI hits 1 billion transaction mark in July

He said highest growth has been seen in the mobile payments and Aadhaar-based payments.

Aug 04, 2017, 16:14 PM IST

GST software by Count Magic.Com to integrate BHIM, UPI

The software removes all bottlenecks for acceptance of digital payments.

Jun 24, 2017, 18:04 PM IST

BHIM app reaches near 20 million download mark

Indigenous digital payments app BHIM has recorded close to 20 million downloads so far, NITI Aayog CEO Amitabh Kant on Tuesday said.

Apr 20, 2017, 18:43 PM IST

Whatsapp to soon launch its digital payment service in India

30 PM for getting the detailed news updates!

Apr 10, 2017, 12:36 PM IST

HDFC Bank launches its UPI on Chillr

Launch of HDFC Bank`s UPI on Chillr will benefit customers of 44 banks that will now be able to conduct digital transactions seamlessly using the Chillr app.

Apr 07, 2017, 16:47 PM IST

Govt asks all banks to provide mobile banking facility by March 31

In a bid to push digital transactions, the government has asked all banks to provide mobile banking facility to all customers by March 31.

Mar 01, 2017, 17:29 PM IST

BharatQR code: Know what you didn't know about digital payments solution

 BharatQR code, touted as the world’s first interoperable payment acceptance solution, was launched on Monday. It is a quick response (QR)code aimed at driving digital payments without card swiping machines. So, why is it important and how is it going to help you? Check out:

Feb 21, 2017, 12:00 PM IST

'15-20% consumption expenditure will become digital in 1 year'

Unique Identification Authority of India (UIDAI) former chairman Nandan Nilekani today said with new digital payment systems like BHIM and UPI in place, around 15-20 per cent of the country's personal consumption expenditure will become digital in next one year from the current level of 5 per cent.

Jan 19, 2017, 23:50 PM IST

BHIM app: All you need to know!

The app allows to make cashless payments over mobile phones. The app is developed by National Payment Corporation of India (NCPI).

Dec 30, 2016, 21:16 PM IST

Demonetisation: Govt limits charges on electronic fund transfer

In order to further promote digital and card payments, Finance Ministry on Wednesday directed all public sector banks(PSBs) not to charge fees for transactions settled on IMPS and UPI in excess of rates charged for NEFT for transactions above Rs 1000, with service tax being charged at actual.

Dec 21, 2016, 16:04 PM IST