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Fastag has huge potential, 97% toll transactions are now electronic: NPCI CEO Dilip Asbe

Fastag has huge potential, 97% toll transactions are now electronic: NPCI CEO Dilip Asbe
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India , Bengaluru , Karnataka , Bharat , Harshil-mathur , Dilip-asbe , National-payment-corporation-of-india-fastag , Payment-corporation , Unified-payments-interface , Radio-frequency-identification , Bharat-bill-payment-system , Reserve-bank

dilip asbe: Whatever is not written in regulation, means a 'No': NPCI chief Dilip Asbe

NPCI chief Dilip Asbe emphasized the importance of compliance for long-term success in the fintech space. He discussed recent regulatory actions against Paytm Payments Bank and highlighted growth opportunities in digital payments. Asbe mentioned NPCI's interest in international expansion and the potential of AI in the payment industry.

Delhi , India , United-arab-emirates , Mauritius , Bengaluru , Karnataka , Communications-ltd , Central-bank-digital-currency , Paytm-payments-bank , Certificate-programme-in-data-science-machine , Offering-college

UPI in india: UPI wouldn't be possible if NPCI were not in Mumbai, says Dilip Asbe

Talking about regulations, Asbe acknowledged RBI's guidance in creating responsible regulations around tech innovation to make the platform sustainable and scalable in the long run, creating a viable and pragmatic framework of rules and regulation around UPI.

Delhi , India , Mumbai , Maharashtra , Jay-kotak , Dilip-asbe , Certificate-programme-in-data-science-machine , Offering-college , National-payments-corporation-of-india , Technology-leadership , Indian-school-of-business , United-payments-interface

CBDC: Programmable, offline CBDC to drive next fintech wave, says NPCI MD

During the monetary policy meeting on February 8, RBI governor Shaktikanta Das proposed new use cases to incorporate programmability and offline functionality in CBDCs. He said the programmability use case of CBDCs will empower entities like government agencies to ensure specific benefits through payments.

Mumbai , Maharashtra , India , Delhi , Lucknow , Uttar-pradesh , Bombay , Dilip-asbe , Jay-kotak , Shaktikanta-das , Offering-college , Certificate-programme-in-data-science-machine

Paytm Bank's exit from UPI unlikely to be disruptive

In a report on Tuesday, Macquarie Capital Securities expects a sharp reduction in Paytm revenues across various segments, anticipating an exodus of customers. It had pegged the overall customers at 330 million. They include 110 million of monthly transacting users and a merchant subscription network of about 10 million.

Mumbai , Maharashtra , India , Paytm-payments-bank , Paytm-bank , National-payments-corp , Paytm-payments , Macquarie-capital-securities , Paytm , One97-communications , Macquarie

After Mauritius, UPI to now enable cross-border payments in Nepal as well

The banking regulators of India and Nepal signed and exchanged Terms of Reference for integration of cross border payment between the two countries.

India , Nepal , France , Bhutan , Mauritius , Sri-lanka , Germany , Singapore , German , Volker-wissing , National-payments-corporation-of-india , National-payments-corporation

Credit Lines on UPI: PayU, NPCI join hands to roll out Credit Lines on UPI' feature

PayU has partnered with NPCI to roll out the 'Credit Lines on UPI' feature on its platform, aiming to provide financial security and growth for merchants. The integration will enable pre-sanctioned credit lines by banks through UPI, empowering businesses and consumers. PayU expects over 380 million UPI users to have easier access to Credit Lines.

India , National-payments-corporation-of-india , National-payments-corporation , Credit-lines-on-upi , Payu , Npci , Pre-sanctioned-credit-lines , Upi-users ,

NPCI: NPCI Launches initiative to hire women returning from career break

The National Payments Corporation of India (NPCI) has launched a program aimed at hiring women who are looking to return to work after a career break. This initiative is designed to enhance the representation of women within the company, broaden the talent pool, and expedite the hiring process for experienced professionals. According to Nishith Chaturvedi, NPCI's Chief of Human Resources and Administration, this effort targets women with five to seven years of experience, primarily focusing on middle management roles.

India , Nishith-chaturvedi , National-payments-corporation-of-india , Technology-leadership , Offering-college , Indian-school-of-business , National-payments-corporation , Corporate-journey , Strategic-skill , Npci , Career-break , Initiative

Paytm Bank's exit from UPI unlikely to be disruptive

In a report on Tuesday, Macquarie Capital Securities expects a sharp reduction in Paytm revenues across various segments, anticipating an exodus of customers. It had pegged the overall customers at 330 million. They include 110 million of monthly transacting users and a merchant subscription network of about 10 million.

India , Mumbai , Maharashtra , Paytm-payments-bank , National-payments-corp , Paytm-bank , Paytm-payments , Macquarie-capital-securities , One97-communications , Macquarie , Upi-platform