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UPI News

31 Jan 2023

SBI Shares 6 Safety Tips on UPI Transactions, Check Them Out

UPI has been used by 80% users in India for digital transactions. SBI shares six tips for customers while making UPI transaction. UPI 123: Here's Step-by-Step guide to transfer money using feature phones.

27 Jan 2023

HDFC Life Policyholders Can Now Pay Premiums with NPCI's UPI 123PAY

UPI 123PAY is a payment facility through a pre-defined IVR that enable customers to make financial transactions with or without an internet connection.

25 Jan 2023

UPI 123PAY: How to Transfer Money Using Feature Phones? Check Complete Process

UPI 123PAY enables feature phone users to access the popular digital transactions platform, without having an internet connection.

20 Jan 2023

DNA: Cautionary analysis on Dual SIM

In today's digital era, UPI has become the most preferred mode of transaction. Recently some cases have come to the fore where people stopped recharging their second sim and that sim got into the hands of a cyber thug and he emptied the entire account.

18 Jan 2023

Google pilots 'Soundpod by Google Pay' for UPI payments in India

The search giant is piloting a soundbox of its own in the country to alert sellers of confirmations for Unified Payments Interface (UPI)-based payments, reports TechCrunch.

16 Jan 2023

UPI: How can NRI's from different countries use UPI service with their foreign numbers?

Non-resident account types like NRE/NRO that have international mobile numbers will now be allowed to transact with UPI, according to a notice by the National Payments Corporation of India (NPCI).

16 Jan 2023

GST not payable on govt incentive to banks for promoting RuPay card

Last week, the cabinet cleared a Rs 2,600-crore incentive scheme for banks to promote RuPay debit cards and low-value BHIM-UPI transactions in the current fiscal.

11 Jan 2023

BharatPe finally gets RBI nod for online payment aggregator

BharatPe said it will now commence work on fulfilling the said conditions within the prescribed timeline and launch the said online PA business upon the receipt of the final authorisation from RBI.

07 Dec 2022

RBI to add a feature in UPI platform for e-com purchase, hotel booking, more

RBI to add a feature in the UPI platform to aid payments for e-com purchase, botel bookings, etc. Single-block-and-multiple debits' feature will be added soon. The new system will make the BBPS platform accessible to a wider set of individuals and businesses.

06 Dec 2022

Razorpay allows merchants to accept credit card payments via UPI

With RuPay credit cards being enabled on UPI, Razorpay merchants can begin accepting credit card payments on UPI, with minimal changes to their existing setup.

23 Nov 2022

No unlimited transaction on UPI payment apps? PayTm says THIS

Paytm Payments Bank Spokesperson said the proposed implementation of UPI market capping will be hugely beneficial for the UPI ecosystem.

24 Nov 2022

UPI customers alert! No unlimited transactions on GPay, PhonePe, Paytm soon?

The National Payments Corporation of India (NPCI), which operates the UPI digital pipeline, is in discussions with the Reserve Bank about implementing its proposed December 31 deadline for limiting player volume to 30 per cent.

17 Nov 2022

Don't have ATM card & Want to activate PhonePe UPI? Follow THESE simple steps

PhonePe launches a new feature recently. Now you can activate PhonePe UPI using Aadhar card. For doing same, one need to verify with the registered mobile number.

15 Nov 2022

Google Play introduces UPI subscription feature in India -- Details Inside

Google announces UPI subscription feature in India on Google Play store for recurring payment. UPI Autopay makes setting up subscription easy. India's ingenious financial service UPI is a major success since it launches.

13 Nov 2022

Here's Step-by-Step guide to withdraw cash from ATM using UPI

Customers can withdraw cash from UPI. RBI encourages banks to make ICCW option available for ATMs. Here' the step-by-step guide to withdraw cash using UPI from ATMS.

11 Nov 2022

Now, pay electricity bill using feature phone: Here's the complete process

The users will be able to pay electricity bills in 10 regional languages by calling on payment numbers ‘080 4516 3666’ or ‘6366 200 200’ powered by Bharat Bill Payment Service (BBPS) and following the steps below.

10 Nov 2022

PhonePe enables UPI activation using Aadhaar-based OTP authentication

PhonePe is the first UPI Third Party Application Provider (TPAP) App to roll out the Aadhaar-based UPI onboarding flow that will now enable several crore Indians to become a part of the UPI ecosystem, seamlessly and securely for the first time, the company said in a statement.

IRDAI New platform

30 Oct 2022

'Bima Sugam will be a UPI moment for the insurance industry': IRDAI Chairman

IRDAI to roll out one-window platform called Bima Sugam for Insurance services. Bima Sugam should be a UPI moment for the insurance industry: IRDAI Chairman. It provide the policyholder and prospective customer various options for a product, method of payment, etc.

25 Oct 2022

T20 World Cup: UPI transaction sharply fell during India's batting against Pak

A graph shared by Mihir Vora, Chief Investment Officer at Max Life on Twitter showed that UPI transaction sharply fell during India's batting against Pakistan in T20 World Cup.

18 Oct 2022

UPI Lite: Here's Step-by-Step guide to enable the service on your BHIM app

UPI Lite allows payments of small monetary value without UPI pin. Those who want to avail UPI Lite service, they have to first enable it on BHIM app. Here's the step by step guide to enable the service on your device.

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