unified payments interface
AA Edit | UPI may be a game-changer
Singapore is the first country with which India has launched a cross-border person-to-person (P2P) payment facility
Digital transaction charges row: No charges for basic savings bank accounts, says SBI
The bank further said that the Central Board of Direct Taxes (CBDT) advised banks to refund charges collected on or after January 1, 2020
Digital transactions in India jumped 19 times in last 7 yrs: PM Modi
Earlier today, PM Modi launched two innovative customer-centric initiatives of the Reserve Bank of India
UPI payments hit all-time high of 1.34 billion transactions in June
On a month-on-month basis it registered a 8.94 per cent growth from 1.23 billion in May
No levying of charges on NEFT payment from January: RBI to banks
RBI has also proposed that FASTags would be enabled to pay for parking fee and even at fuel stations.
IPOs disappoint on market debut
Sterling & Wilson finally closed 7.01 per cent down at Rs 725.35 on the BSE and 6.89 per cent down at Rs 726.20 on the NSE.
RBI guidelines on mobile wallet payments out
Currently, a mobile wallet does not allow customers to send or receive money from a wallet run by another company.
406 million UPI transactions worth Rs 59,835 cr clocked in September 2018
About 312.02 million UPI transactions totalling Rs 54,212.26 crore were clocked in the month of August 2018.
Walmart India activates UPI on its B2B e-commerce platform
UPI is in addition to various other payment modes such as credit card, debit card, net banking and e-wallets.
WhatsApp testing its payment services in India ahead of launch
WhatsApp has over 200 million users in India.