UPI

Yono, UPI, others services  will be unavailable for SBI customers from midnight for sometime

Yono, UPI, others services will be unavailable for SBI customers from midnight for sometime

State Bank of India (SBI)’s digital services will not be available from 11.30 pm on June 14, 2021 to 12.10 am on June 15, 2021. The bank ...Read More

SBI’s online services will not be available for few hours for two days

SBI’s online services will not be available for few hours for two days

State-run State Bank of India will be undertaking maintenance activities for a few hours on May 21, May 22 and May 23. The bank stated du...Read More

UPI, payment frauds soar in eastern states; top scamsters from Patna, Chandigarh, Kolkata and Meerut

UPI, payment frauds soar in eastern states; top scamsters from Patna, Chandigarh, Kolkata and Meerut

The eastern states in the country are witnessing high levels of digital frauds or UPI scams (41 percent) via payment apps and online mark...Read More

BHIM, UPI payments slightly down to Rs 4.94 lakh crore in April

BHIM, UPI payments slightly down to Rs 4.94 lakh crore in April

The digital transactions through BHIM UPI in April this year fell by 2.2 percent from a month ago to Rs 4.94 lakh crore, data from the NP...Read More

The Future of Banking: India needs to invest heavily in regulatory capacity building

The Future of Banking: India needs to invest heavily in regulatory capacity building

In India, there is a very thin line today between industry and commerce. Telecom players are in the payment space, which is different fro...Read More

Women still prefer cash transactions followed by AadhaarPay: Survey

Women still prefer cash transactions followed by AadhaarPay: Survey

A majority of women still prefer doing cash transactions followed by AadhaarPay, according to a survey.The survey of more than 3,500 reta...Read More

Banks' low profitability, weak asset quality pose difficulty in boosting digitisation: S&P

Banks' low profitability, weak asset quality pose difficulty in boosting digitisation: S&P

S&P Global Ratings on Monday said India's banking system's low profitability and weak asset quality present some difficulties in sig...Read More

Paytm Payments Bank has the lowest technical decline rate

Paytm Payments Bank has the lowest technical decline rate

India’s homegrown Paytm Payments Bank Ltd (PPBL), has once again outperformed all major banks in India in terms of the success rate of UP...Read More

India Post Payments Bank launches its digital payments' services 'DakPay'

India Post Payments Bank launches its digital payments' services 'DakPay'

The Department of Posts (DoP) and India Post Payments Bank (IPPB) have virtually unveiled a new digital payment app 'DakPay', an official...Read More

FM Nirmala Sitharaman asks banks to promote RuPay cards; make NPCI 'brand India product'

FM Nirmala Sitharaman asks banks to promote RuPay cards; make NPCI 'brand India product'

Finance Minister Nirmala Sitharaman on Tuesday asked banks to "only promote" RuPay Cards and ensure that National Payments Corporation of...Read More

UPI payments grow 80% in a year with over 2 billion payments: NITI Aayog CEO

UPI payments grow 80% in a year with over 2 billion payments: NITI Aayog CEO

The number of transactions made through Unified Payments Interface (UPI) crossed the 2-billion mark in October 2020, said NITI Aayog Chi...Read More


Teji Mandi: Digital payments boom - A by-product of Covid-19 and economic disruption

Teji Mandi: Digital payments boom - A by-product of Covid-19 and economic disruption

For the Indian economy, disruptions have been far too many. Starting from Demonetization and GST, they have continued with the outbreak o...Read More

Refund charges collected since Jan 1 on UPI, RuPay transactions: Tax dept to banks

Refund charges collected since Jan 1 on UPI, RuPay transactions: Tax dept to banks

The Central Board of Direct Taxes (CBDT), in a circular on 'imposition of charge on the prescribed electronic modes under section 269SU o...Read More

Teji Mandi: Slowly, steadily but surely, cashless economy is gaining momentum!

Teji Mandi: Slowly, steadily but surely, cashless economy is gaining momentum!

There is a little doubt that the impact of the ongoing pandemic is going to be felt upon for years to come. While it has surely changed p...Read More

Twitter user followed by big business honchos wants men to only marry virgins - check out his misogynist logic

Twitter user followed by big business honchos wants men to only marry virgins - check out his misogynist logic

A Twitter user named Life Math Money's misogynist thread is sparking outrage on the micro-blogging site.

Google Pay says it works with banks to allow payments via UPI, transactions fully protected

Google Pay says it works with banks to allow payments via UPI, transactions fully protected

New Delhi: Google Pay on Wednesday said it works with banks to allow payments via UPI, and all transactions made through its platform are...Read More

YouTube launches UPI as payment mode in India

YouTube launches UPI as payment mode in India

New Delhi: Google-owned YouTube on Wednesday launched Unified Payment Interface (UPI) as a new form of payment for both YouTube and YouTu...Read More

YES Bank Crisis: How ICICI Bank took over UPI transactions of the private lender after PhonePe, BharatPe outage

YES Bank Crisis: How ICICI Bank took over UPI transactions of the private lender after PhonePe, BharatPe outage

The ICICI Bank officials worked with the PhonePe team closely and created nodal accounts, reconciliation systems, and processing systems ...Read More

Google Pay now has UPI recharge option for FASTag users

Google Pay now has UPI recharge option for FASTag users

New Delhi: In a bid to help its users recharge their FASTag accounts faster, Google Pay on Monday announced that it has added a new Unifi...Read More

No MDR charge on payment via RuPay debit card, UPI, UPI QR code from Jan 1

No MDR charge on payment via RuPay debit card, UPI, UPI QR code from Jan 1

In a gazette notification, the revenue department of the Finance Ministry announced to amend Income-tax Rules, 1962

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