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November 21, 2021
Want to make digital payment without UPI? Here’s how to do it using your Aadhaar card number - Now users have the option of sending money using their Aadhaar card numbers by following the simple steps mentioned below.
November 20, 2021
BHIM is a UPI-based payment system that permits real-time fund transfers using a single identification such as your phone number or name.
October 28, 2021
Cross-linked news, and information resources about government of India
October 1, 2021
The proliferation of digital payment modes has made life really easy. The ability to use payment apps to send money, pay all your bills, recharge, shop online and also make instant payments at your local kirana store has alost done away with dependence on cash
May 10, 2021
Synopsis Being the sole umbrella organization for retail payments in India, NPCI is in a dominant position. Given the current regulatory framework, UPI would be considered to be an essential facility which cannot be recreated by NPCI’s competitors. The need of the hour is a consultative solution-based approach to address the many uncertainties in respect of NPCI’s new thrust for digital payment apps. The National Payments Corporation of India (NPCI) released the “Guidelines on volume cap ...
April 12, 2021
1 A new study by IIT Bombay has revealed that several banks, including State Bank of India (SBI), have been imposing excessive service charges on zero-balance or basic savings bank deposit accounts (BSBDA). In fact, SBI alone collected almost Rs300 crore over the past five years from these zero-balance or basic accounts. The study observed that the SBI’s decision to levy a charge of Rs17.70 for every debit transaction beyond four by the BSBDA account-holders cannot be considered as rea...
April 6, 2021
Top UPI payment apps in India that you can try Top UPI payment apps in India that you can try If you are looking for a good UPI app, heres a list of options you can choose from. DNA Web Team Apr 6, 2021, 01:39 PM IST Prime Minister Narendra Modis Digital India mission now seems to be a success. During the year 2020, the maximum number of digital transactions took place in the country and in this case, India has also surpassed the US-China. There have been at least 25.5 billion digital transacti...
March 15, 2021
To start with, NPCI has gone live on the BHIM app for the customers of State Bank of India, AXIS Bank, HDFC Bank and ICICI Bank.
January 1, 2021
FACT CHECK: NPCI dismisses reports of charges on UPI transactions NPCI has urged all the customers to not believe in such stories and continue to perform uninterrupted and convenient UPI transactions. Share Updated: Jan 1, 2021, 03:38 PM IST The National Payments Corporation of India (NPCI) said that the news about UPI transactions being chargeable from January 1, 2021 is incorrect and has requested everyone not to fall prey to such incorrect information. NPCI has urged all the customers to not...
January 1, 2021
Highlights NPCI said, continue to perform uninterrupted and convenient UPI transactions. NPCI was incorporated in 2008. New Delhi: National Payments Corporation of India (NPCI) said that the news about UPI transactions being charged from January 1, 2021 is incorrect and has requested everyone not to fall prey to such incorrect information. NPCI has urged all the customers to not believe in such stories and continue to perform uninterrupted and convenient UPI transactions. National Payments Cor...