Page 5 - Npci

RBI announces proposal to push UPI payments through feature phones

USSD 2.0, which facilitates UPI for feature phones, accounts for only 0.003 per cent of total UPI volumes and value transactions

Banks want more time to meet card-on-file tokenisation norms

Tokenisation is the process of replacing the debit and credit card numbers with a set of characters or tokens

IPO mandates via UPI jump in November amid record fund mobilisation

A record Rs 36,000 crore was raised through IPOs in November-more than double the previous record made in November 2017

India reaching out to many nations to leverage stack it has built: NPCI CEO

Speaking at the InFinity Forum, Dilip Asbe said there has to be a local or domestic stack because every country has its own complexities and diversities

NPCI Bharat BillPay on-boards Tata Power for electricity bill payments

This will enable over seven lakh customers of Tata Power (Mumbai) to pay their electricity bills through ClickPay payment link

SBI, NPCI, NSE likely promoters of 'open' e-platform for retailers

Network aims to curb digital monopolies

NPCI arm, Network Int join hands for UPI payment system in UAE

The proposed rollout of UPI mobile payment solutions on Network International's merchant network in the UAE is expected to commence in the first quarter of 2022

NPCI ties up with leading payments provider PPRO to take UPI global

NPCI International Payments Ltd has collaborated with fintech firm PPRO, a global provider of local payments infrastructure, to expand growth of India's digital payments ecosystem.

Mandate creation through UPI dips in sync with muted IPO show in September

Some 3.03 million mandates were created through UPI, down 48.3% over last month, according to NPCI data

NPCI looks at $1 trillion worth of transactions through UPI on annual basis

The National Payments Corporation of India (NPCI) is looking at $1 trillion worth of transactions through UPI on an annual basis, as digital payments are progressing in the country

India and Singapore sign pact for instant flow of retail payments

RBI, MAS ink pact to link UPI and PayNow; may operationalise by July 2022

Auto debit payment failures ease in August, shows NPCI data

In volume terms, 32.98% of transactions initiated declined, 26.82% in value terms

NPCI global arm ties up with Mashreq Bank for UPI payments in UAE

NPCI's global arm NPCI International Payments Ltd (NIPL) has partnered with UAE-based Mashreq Bank to provide its mobile-based real-time payment system UPI in the gulf nation

UPI forms 10% of overall retail payments in FY21, says Macquarie report

UPI saw its FY21 annual throughput value at Rs 41 trillion, almost 2.8x that of credit and debit card at Point of Sale combined, and almost 20x that of prepaid payment instruments.

Record 7.7 million IPO mandates created via UPI in July, shows data

The figure for July was almost 4 times higher than that of June, when 1.94 million mandate creation requests were made through UPI

NPCI appoints Noopur Chaturvedi as CEO of Bharat Bill Pay Ltd

Prior to joining NPCI, Chaturvedi was country head at PayU and chief-corporate business alliances at Airtel Payments Bank

NUE may make India the cradle of cutting-edge global payment systems

The NUE will be a direct competitor to NPCI and develop the payments infrastructure for the country, similar to what NPCI has done

NPCI onboards Turkish firm PayCore to develop softPoS solutions for RuPay

The idea behind SoftPoS is merchants can use their NFC-enabled smartphones as point of sale (PoS) machines to accept contactless payments

Covid-19 second wave: Digital payments drop as state impose curbs

UPI saw a 4.3 per cent dip in transaction volume and a 2.22 per cent dip in transaction value

Covid-19 second wave: Digital payments drop as state impose curbs

UPI saw a 4.3 per cent dip in transaction volume and a 2.22 per cent dip in transaction value