Payments Council Launches Common Icon Library for Uniformity, Fraud Prevention
The Payments Council of India (PCI), the apex body for payment and settlement players in the country, has launched an initiative called ‘Project Pratima’ to...
Tag : National Payments Corporation of India (NPCI)
UPI Lite Launched for Offline Transactions with UPI on RuPay Credit Cards, BBPS Cross-Border Payments
On Tuesday, the Reserve Bank of India (RBI) launched UPI Lite for feature phones, allowing Indian users to enable offline transactions with minor restrictions. RBI...
NRI Can Now Pay Bills Directly in India
The Reserve Bank of India allows non-resident Indians (NRIs) to pay bills directly in India. Now cross-border remittance payments. By enabling the Bharat Bill Payment...
RBI Allows Linking Credit Cards with UPI Platforms, Starting with RuPay
On Wednesday, the Reserve Bank of India allowed credit cards to be linked to the Unified Payments Interface (UPI), which will enable more people to...
Slice Launches UPI In Big Payments Bet as Fintech Moves Beyond Credit
Tiger Global-backed fintech unicorn Slice has launched Unified Payments Interface (UPI) on its platform as it looks to tap into India’s multi-trillion-dollar payments market, an...
UPI Hits Record High of Nearly Rs 10 Crore Transactions in April
According to the National Payments Corporation of India (NPCI), the digital payments platform Unified Payments Interface (UPI) recorded 5.58 billion transactions in April 2022, an...
Google Pay Crosses 150 million Users Across 40 Countries
Google Pay, the search and tech giant’s Unified Payments Interface (UPI), has crossed the 150 million user mark.On its quarterly earnings call, Google CEO Sundar...
Investors Put In $135 Million, CoinDCX’s Valuation Tops $2 Billion
CoinDCX has raised $135.9 million (approximately Rs 1,000 crore) from investors led by Pantera Capital and Steadview Capital, doubling its valuation in eight months. The...
Kotak Halts Crypto Trade With CoinSwitch Kuber
Kotak Bank has temporarily halted payments to and from their exchange partner CoinSwitch Kuber. While no formal announcement has been made regarding the suspension of...
Tata Group to Join UPI Payment Club
The Tata Group seeks clearance from the National Payments Corporation of India (NPCI) to join the Unified Payments Interface (UPI) as a third-party payments service...