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Paytm's share in UPI market declines to 9% in March, lowest in last 4 years

In February, Paytm saw its UPI market share decline to 11%, down from 11.8% in January, prior to the onset of the payments bank crisis.

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Business News: India looking forward to leverage digital payments stack; in talks with regulators globally: NPCI

India looking forward to leverage digital payments stack; in talks with regulators globally: NPCI : Rashtra News India is looking forward to leveraging the stack it has built in the digital payments space and the National Payments Corporation of India (NPCI) is reaching out to many countries to help them build their own payment systems,

India , Dilip-asbe , World-bank , Infinity-forum , National-payments-corporation-of-india , International-settlements , Bloomberg , National-payments-corporation , Business , Digital , Digital-payments , Globally

credit card: Banks get ready to count int'l credit card spend in liberalised remittance scheme

Under the belief that reissuing the specific notification may not go against the model code of conduct, many banks are preparing to integrate their systems with the RBIs for capturing the card spend information of individual customers during personal foreign tours.

New-delhi , Delhi , India , Mumbai , Maharashtra , Siddharth-banwat , National-payments-corp , National-electronic-fund , Yuvyze-consulting , Immediate-payment-service , National-payments , Real-time-gross-settlement

npci banks fintechs net banking: NPCI arm, banks and fintechs in talks for net banking synergies

The Reserve Bank of India (RBI) had on March 4 approved implementation of an interoperable payment system for internet banking transactions by NBBL, a subsidiary of National Payments Corp. of India (NPCI).

India , Npci-bharat-billpay , Kunal-pande , Netbanking-ettech , National-payments-corp , National-electronic-fund , Indian-school-of-business , Immediate-payment-service , Technology-leadership , Offering-college , Tech-prowess , High-value-skill

PhonePe says it clocked 100 million transactions in a day for the first time

PhonePe says it clocked 100 million transactions in a day for the first time : Rashtra News #PhonePe #clocked #million #transactions #day #time Mumbai: Digital payments major PhonePe has processed more than 100 million transactions in a single day for the first time, the company said in a statement on Wednesday. PhonePe said it processes

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paytm: Paytm may get NPCI nod for third-party application license but no relief for banking arm beyond March 15: Report

The National Payments Corp of India (NPCI) is expected to grant a third-party application provider license to Paytm, also known as One 97 Communications, by March 15, according to Reuters. However, the Reserve Bank of India (RBI) is unlikely to extend the deadline for Paytm Payments Bank, the banking arm of Paytm, to wind down its operations by the same date.

India , Reuters , Paytm-payments-bank , National-payments-corp , Reserve-bank , Paytm , Rbi , Npci , Paytm-deadline ,

NPCI to approve Paytm's request for TPAP this week: Report

The third-party application provider license will allow customers to continue using the Paytm app for payments through India's popular unified payment interface (UPI), even asits banking arm, Paytm Payments Bank, ceases operations by March 15, following regulatory action due to issues of non-compliance.

India , Paytm-payments-bank , National-payments-corp , Npci , Aytm , Pap ,

upi: NPCI International signs MoU with Greek bank to take UPI to Europe

NPCI International Payments signs MoU with Greek bank Eurobank for inward remittance from Greece to India through UPI. Indian tourists in France can buy Eiffel Tower tickets via UPI, highlighting its versatility. This initiative positions Greece as one of the first European countries for Indian diaspora remittances.

India , New-delhi , Delhi , Sri-lanka , France , Greece , China , Singapore , Greek , Sanjay-tugnait , Ritesh-shukla , Fokion-karavias