PhonePe Launches UPI Lite for Smaller Payments 2 Months After Paytm
PhonePe rolled out the UPI (Unified Payments Interface) Lite payments feature in its app to offer faster payments for smaller transactions two months after its...
Tag : NPCI
Merchants to Pay 1.1% Charge for Wallet Payments, UPI Payments Remain Free
Starting April 1, The National Payments Corporation of India (NPCI) will levy an interchange fee on Unified Payments Interface (UPI) transactions of more than Rs...
RBI Shortlists Five Banks for Its Digital Currency Pilot Project
The Reserve Bank of India has partnered with at least five banks to launch a pilot project for its digital currency, the digital rupee, for...
TerraPay, NPCL International to Boost Cashless Transaction Cross-Border
TerraPay, a leading global payments infrastructure group, announced its strategic move to strengthen its cross-border payment solutions by inking a partnership with NPCI International Payment...
PhonePe Tokenises 14 Million Cards Ahead of RBI’s September 30 Deadline
PhonePe said Thursday that it had flagged 14 million credit and debit cards on its platform by the Reserve Bank of India’s (RBI) information security...
CashRich Acquires WealthApp’s MF Distribution Business
CashRich, a prominent wealth-tech firm, has acquired WealthApp’s mutual fund distribution business in an all-cash deal. Though the acquisition amount is undisclosed, this deal is...
NPCI Strengthens RuPay Contactless with New Features
The National Payments Corporation of India (NPCI) said that it has introduced the RuPay Contactless feature.These additional features will augment the overall transaction experience for the...
PhonePe Transactions Back to Normal After Yes Bank Fiasco
Last week, Yes bank fiasco hits UPI based transaction that is PhonePe that was solely using Yes Bank’s services worked overnight with National Payments Corporation...
India Battles to Catch China in Payment Apps
According to the head of the South Asian nation’s payments network, India’s rapidly expanding market for digital payments is poised to get more crowded as...
Truecaller Pay Set To Be Launched In Early December
In order to target utility bill payments market, Truecaller is going to launch its Truecaller Pay app integrated with the Bharat Bill Payment System in...