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Paytm, PhonePe, Google Pay, other mobile wallets to be interoperable from April 2022

Paytm, PhonePe, Google Pay, other mobile wallets to be interoperable from April 2022
Beginning April 2022, a mobile wallet user, who is fully vetted and has fulfilled all KYC norms, will be able to send and receive money from various mobile wallets
BusinessToday.In | May 20, 2021 | Updated 11:57 IST
The RBI had first issued guidelines for the adoption of interoperability on a voluntary basis for full-KYC PPIs in October 2018
The Reserve Bank of India (RBI) has issued a circular asking all licensed prepaid payment instruments (PPIs) or mobile wallets such as PhonePe, Paytm, Google Pay and Mobikwik, to be interoperable from FY23.
This implies that beginning April 2022, a mobile wallet user, who is fully vetted and has fulfilled all KYC norms, will be able to send and receive money from various mobile wallets. ....

Shaktikanta Das , Monetary Policy Committee , Reserve Bank , Google Pay , Unified Payments Interface , Mass Transit Systems , Reserve Bank Of India , Rbi Circular , Mobile Wallets , Prepaid Payment Instruments , Digital Payments , E Wallets , Upi Payments , பண பாலிஸீ குழு , இருப்பு வங்கி , கூகிள் செலுத்த , ஒருங்கிணைந்த கொடுப்பனவுகள் இடைமுகம் , நிறை போக்குவரத்து அமைப்புகள் , இருப்பு வங்கி ஆஃப் இந்தியா , ர்பீ வட்ட , கைபேசி பணப்பைகள் , ப்ரீபேட் கட்டணம் கருவிகள் , டிஜிட்டல் கொடுப்பனவுகள் , ஏ பணப்பைகள் , உப்பி கொடுப்பனவுகள் ,

'UPI-Help' Goes Live On BHIM UPI App: Now Register Complaints Easily, Check Status Of Pending Transactions

UPI Help will assists users to register complaints online through the BHIM UPI app.
UPI-Help: In a bid to strengthen a transparent dispute redressal mechanism, the National Payments Corporation of India (NPCI) has launched a new ‘UPI-Help on the BHIM UPI. According to a statement released by NPCI, the initiative is a part of the Digi-Help stack. The redressal mechanism through UPI-Help will provide a superior, hassle-free experience of issue resolution for the BHIM UPI app users. UPI Help will assists users to register complaints online through the BHIM UPI app. It will also resolve complaints online for person-to-person transactions. According to the NPCI, the new UPI-Help will assist BHIM UPI users to avail the following: ....

Rupay Softpo , Sahakari Bank , Paytm Payments Bank , National Payments Corporation Of India , Register Complaints , Check Transaction Status , National Payments Corporation , State Bank , Rupay Softpos , Bhim Upi , Upi Bhim , Upi Apps , Upi Autopay , Upi Data News , Upi Payment , Upi Payment System , Upi Payments , Upi Payments App , Bhim App , Bhim Payment , Bhim Transaction , Npci News , National Payments Corporation Of India Npci , சாஹகரி வங்கி , பாய்த்ம் கொடுப்பனவுகள் வங்கி , தேசிய கொடுப்பனவுகள் நிறுவனம் ஆஃப் இந்தியா ,

'UPI-Help' for digital payments now live on Bhim app for SBI, HDFC Bank, ICICI Bank, others

To start with, NPCI has gone live on the BHIM app for the customers of State Bank of India, AXIS Bank, HDFC Bank and ICICI Bank. ....

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UPI registers 2.29 billion transactions worth Rs 4.25 trillion in Feb

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Reliance latest news | Reliance teams up with Google, Facebook in seeking NUE licence for retail payments

Updated Feb 27, 2021 | 16:29 IST
Reliance, Google, and Facebook will team up with So Hum Bharat Digital Payments Pvt Ltd to submit their proposal to the Reserve Bank of India
Reliance teams up with Google, Facebook in seeking NUE licence for retail payments | Photo Credit: BCCL
New Delhi: Reliance Industries Ltd has partnered with Google and Facebook to seek a license to set up a New Umbrella Entity (NUE) for retail payments in the country. The umbrella entity will allow them to create a payments network similar to the Unified Payments Interface (UPI) to gain a share of India’s burgeoning digital payments market. ....

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