Page 105 - Google Pay News Today

'NPCI systems are working fine and we are working with these banks to ensure quick resolution,' says NPCI

Several merchants are refusing to deal with Paytm after India’s central bank asked its banking unit to cease most operations from March 1.

To counter such concerns, the company is sending sales staff directly to customers ranging from roadside snack sellers to big retail outlets to ask them to use Paytms partner banks so that they can continue to receive payments, more than 40 shopkeepers and several company sales staff said.

Kohima, February 6 (MExN): The Entrepreneurs Associates (tEA) and Friends of Women’s World Banking (FWWB), as part of the ‘Nurturing Women Entrepreneurship Program,’ organised a sales day event at Old NST in the Kohima District of Nagaland on February 6.

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Multiple users took to social media channels to flag concerns around UPI payments not going through. When ET tried to make a payment, a message cropped up saying recipients server is down, HDFC Bank in this case.

Users of HDFC Bank, Bank of Baroda, Bank of Maharashtra, State Bank of India (SBI), Kotak Mahindra Bank, and others have reported encountering server issues.

The Business Competition Supervisory Commission (KPPU) suspected two tech giants, Shopee and Google, of engaging in monopoly practices in the country.

The UPI services were affected on Tuesday after some banks faced "internal technical issues", the National Payments Corporation of India (NPCI) said.

Affirm and Afterpay are reevaluating their loyalty strategies, shutting down their existing rewards programs as the industry shifts toward paid subscription models.