UPI transactions hit a new record with ₹18.23 lakh crore in Dec; 54% higher
UPI transactions continue to rise and total monthly transaction amount touched ₹18.23 lakh crore, 54 percent year-on-year higher than Dec 2022.
Source: livemint.com
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NPS contributions using UPI-enabled QR code: Five benefits, how to use the facility, and other details explained here
PFRDA has allowed NPS subscribers to deposit their contributions through the UPI QR code directly under the D-Remit process, making NPS contributions more accessible and efficient
Source: livemint.com
PFRDA Now Allows National Pension System Subscribers To Deposit Contributions Through UPI -
In a significant enhancement to the D-Remit process, the Pension Fund Regulatory and Development Authority (PFRDA) has now allowed National Pension System (NPS) subscribers to deposit their contributions through the convenience of the Unified Payments Interface (UPI) QR code. This advancement aims to simplify the contribution process, making it more accessible and efficient for NPS…
Source: khabarindia.in
PFRDA allows NPS subscribers to deposit contributions through UPI QR code
Pension fund regulator PFRDA has allowed NPS subscribers to deposit contributions through UPI QR code. This advancement simplifies the contribution process, making it more accessible and efficient for NPS participants. Explore the benefits of this new mechanism for retirement savings and systematic investment planning.
Source: indiatimes.com
PFRDA allows NPS subscribers to deposit contributions through UPI QR code
To utilise D-Remit, subscribers must possess a virtual D-Remit ID with the trustee bank, it said, adding, this virtual account can only be used for remitting NPS contributions.
Source: moneycontrol.com