Page 5 - Upi Transactions

RBI increases limit of e-mandates for transactions up to Rs 15,000

Reserve Bank of India has, over the past decade, put in place various safety and security measures for card payments, including the requirement of AFA, especially for 'card-not-present' transactions

Credit card linkage to UPI: Uncertainty over pricing leaves players in dark

There is no clarity on whether linking to UPI facility will be extended to credit cards of other card networks, such as Visa, Mastercard, American Express, etc

Top headlines: Credit cards to be linked to UPI, rate hike to push up costs

The Reserve Bank of India (RBI) on Wednesday allowed linking of credit cards to Unified Payments Interface (UPI)

RBI allows credit cards to be linked with UPI platform; to start with RuPay

At the RBI policy announcement, Governor Das said that the new arrangement is expected to provide more avenues and convenience to the customers in making payments through the UPI platform

Top crypto exchange Coinbase freezes hiring, revokes accepted offers

The company also revoked accepted offers from some candidates who haven't joined it yet

UPI processed nearly 6 billion transactions worth Rs 10 trillion in May

NPCI sets its eyes on processing a billion UPI transactions a day on its platform within the next 3-5 years

'Informal pressure' from RBI forced us to halt UPI payments: Coinbase CEO

The US-based and Nasdaq-listed crypto exchange had halted payments via unified payments interface mode on its app in India last month

UPI hits record high in April with 5.58 bn transactions worth Rs 9.83 trn

Value of transactions doubled on YoY basis

What is UPI123Pay?

Transactions through UPI are registering a rapid growth in India. And RBI's initiative to introduce it in feature phones is set to take it to another level. Watch our next report to know why

TMS Ep158: Future Group deal collapse, cinema, ICICI beats HDFC, UPI123Pay

What does the Future deal collapse mean for Amazon and Reliance? Will South Indian cinema give Bollywood a run for its money? Can ICICI Bank dethrone HDFC Bank? What is UPI123Pay? All answers here

Coinbase halts UPI payments for crypto within three days of India launch

The company, however, declined to comment on the matter

BharatPe FY22 revenue grew four-fold to $100 mn, monthly cash burn at $4 mn

The fintech unicorn said its annualised TPV has grown 2.5x over the year-ago period to $16 billion at the end of the March quarter

UPI processes 5 bn transactions in March, gets set for new record

The platform's target is to process a billion transactions a day in the next three to five years.

UPI transactions likely to touch Rs 100 trillion soon: Shaktikanta Das

RBI launches UPI for 400 mn feature phone users to widen digital payment reach

Value of UPI transactions declined to Rs 8.27 trillion in Feb: NPCI data

There were a total of 452 crore (4.52 billion) transactions in February 2022

Nepal to become first country to deploy India's UPI platform

The international arm of the NPCI on Thursday announced to deploy UPI in Nepal to bolster interoperable real-time P2P, P2M and potential cross-border P2P remittances between Nepal and India.

How will UPI Lite allow payments without internet?

Technology, sure, is making our lives better. Very soon, you may be able to make digital payments up to a certain amount without an active internet connection. Let us find out how

TMS Ep105: Coal crisis, Gautam Adani, RBI's policy decision, UPI Lite

Another coal shortage crisis looming over India? What explains Gautam Adani's meteoric rise? Will bond yield volatility affect RBI's policy decision? What is UPI Lite? Find all answers here

UPI AutoPay e-mandates jump 32% to 6 million in December, shows data

The AutoPay platform of UPI is also being touted as the pillar for its next phase of growth

1 bn transactions a day on UPI quite possible in 3-5 years' time: NPCI CEO

"If we don't do anything, we will achieve this target in the next ten years. But we should aim to do it in the next 3 - 5 years' time," Asbe said