upi transactions

NPCI allows Paytm to continue UPI operation via SBI, 3 other banks

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NPCI allows Paytm to continue UPI operation via SBI, 3 other banks

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

India accounts for 40% of all digital payments in the world: RBI governor

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India accounts for 40% of all digital payments in the world: RBI governor

File picture of RBI Governor Shaktikanta Das, who said that India accounts for 40% of all digital payments in the world | Photo Credit: ANI Reserve Bank of India Governor Shaktikanta Das said on Monday that digital transactions in India have grown 90-fold in 12 years. Mr. Das was speaking at the RBI headquarters in … Read more