Stay updated with breaking news from Vapi News. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Moreover, NPCI has clarified that the interchange charges are only applicable for the prepaid payment instruments (PPI) merchant transactions and there is no charge to customers.
UPI safety update: Fake SMS, WhatsApp messages have become the most viable tools to carry out online fraud.
Before this, RBI Governor Shaktikanta Das had announced the QR-code based coin vending machine's pilot project.
As per the data by the National Payments Corporation of India (NPCI), the volume of transactions rose 85 per cent and value 67.85 per cent year-on-year (YoY). Around 72 per cent of those surveyed said they now consider discounts and offers as the major driver of their buying behaviour.
UPI in France: The National Payments Corporation of India International on Thursday signed a memorandum of understanding (MoU) with Lycra Network of France. According to this MoU, Indians can soon be able to pay with their UPI or RuPay card in France. This will be beneficial for Indian students or travelers. Get more India News and Business News on Zee Business.