Epi Payment News Today

The introduction of the QR ticketing system aims to ease overcrowding during peak hours, especially during events like IPL matches at M Chinnaswamy Stadium.

WhatsApp is said to be developing a new feature for Indian users, enabling international payments via UPI. The feature is currently in development and may soon be available to a limited number of beta users.

UPI services will be rolled out in Sri Lanka and Mauritius, the ceremony will be witnessed by PM Narendra Modi on Monday

Anurag Thakur, Minister of Information and Broadcasting of India spoke at length on the growth of technology and evolution of journalism in India at the Storyboard18 DNPA Conclave and Awards 2024.

The solution by Razorpay POS will provide instant refunds for failed UPI transactions within two minutes, as against the industry benchmark of 5-6 business days, said the company.

It will assist in establishing UPI-like digital payment systems in other countries, providing a model for seamless financial transactions

The total transactions stand at 117.55 billion in the past year compared to 73.98 billion transactions in 2022, showing a significant increase of 58.89%

NPCI has asked payment apps including Google Pay, Paytm and PhonePe to take steps to disable inactive UPI IDs.

Do you have a UPI ID you haven't used in ages? NPCI is cleaning house and disabling dormant accounts by year-end.

The customer’s device should have NFC capability for using Tap & Pay mode of payment