New Delhi: The Unified Payments Interface (UPI) saw 41 per cent growth (year-on-year) at record 14.96 billion transactions in the month of August, as total transaction amount touched Rs 20.61 lakh crore — a 31 per cent YoY growth, the National Payments Corporation of India (NPCI) data showed on Sunday. The average daily transaction amount … Read more
Last Updated: March 22, 2024, 14:03 IST There has been a decline in Paytm’s UPI transaction volume in February, following the RBI action. Paytm recently received the National Payments Council of India (NPCI) approval to function as a third-party app Shares of One 97 Communications, the parent company of fintech platform Paytm, traded above Rs … Read more
Mumbai: Ensuring continuity in payment operations by Paytm users, the National Payments Corporation of India (NPCI) on Thursday allowed the company to continue UPI transactions through four banks — SBI, Axis Bank, HDFC Bank, and YES Bank. The decision comes a day before Reserve Bank’s March 15 deadline barring Paytm Payments Bank Ltd (PPBL) from … Read more
Paytm, on February 9, announced setting up of a group advisory committee to advise the company on strengthening compliance and on regulatory matters. | Photo Credit: The Hindu Shares of Paytm owner One97 Communications jumped 5% in the morning trade on February 26 after Reserve Bank of India (RBI) asked retail payment settlement body NPCI … Read more
The launching of UPI services in Sir Lanka and Mauritius enables the availability of UPI settlement services for Indian nationals travelling to Sri Lanka and Mauritius as well as for Mauritian nationals travelling to India. | Photo Credit: The Hindu India’s Unified Payment Interface (UPI) services were on February 12 rolled out in Sri Lanka … Read more
The latest attack on cryptocurrency data websites occurred when stable coins such as Terra Luna and Coinbase had major outages. Coinbase had earlier said it said it will allow its users to purchase cryptocurrencies through UPI system but came under the lens of NPCI US crypto trading platform Coinbase is not accepting payments done through … Read more
