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Want to make digital payment without UPI? Here's how to do it using your Aadhaar card number

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.
Identification Authority Of India Unified Payment Interface Unique Identification Authority Bharat Interface Aadhaar Based Aadhaar Pay

UPI transactions: NPCI's volume cap circular: Will limits on UPI transaction volumes impact India's fintech sector?

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 ...
Third Party App Providers Competition Commission Of India National Payments Corporation Of India National Payments Corporation Unified Payment Interface Standard Operating Procedure

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SBI Collected Rs300 crore from Zero Balance Accounts in 5 Years: IIT Bombay Study

 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...
Pradhan Mantri Jan Dhan Yojana Aashish Das Moneylife Digital Team Protection Department Moneylife Foundation Development Department

Top UPI payment apps in India that you can try

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...
United Kingdom South Korea Web Team Bank To Transaction Minister Narendra Modi Digital India

FACT CHECK: NPCI dismisses reports of charges on UPI transactions

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...
Bharat Billpay National Electronic Toll Collection Immediate Payment Service National Payments Corporation Of India National Payments Corporation India Pay

Fact check: NPCI dismisses reports of charges on UPI transactions; says don't fall prey to incorrect information

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...
New Delhi Bharat Billpay National Electronic Toll Collection Immediate Payment Service National Payments Corporation Of India National Payments Corporation
Source: india.com

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