NPCI

Simon Black, CEO of PPRO (left) and Ritesh Shukla, CEO of NIPL (right)UPI is considered as India’s most popular instant payment system, already processing 60% of all domestic payments in India and 40% of instant payments processed…

The Delhi High Court on Monday ordered the Competition Commission of India to take up complaints filed by the Alliance of Digital India Foundation against Google’s new in-app billing policy. This and more in today’s ETtech Top 5.Also in…

Thousands of regulated entities in the financial sector stand to benefit from a KYC plan in the works. The Unique Identification Authority of India (UIDAI) and the National Payments Corporation of India (NPCI) are planning to set up an…

NEW DELHI: The Unique Identification Authority of India (UIDAI) and the National Payments Corporation of India(NPCI) are setting up an aggregator platform for eKYC (electronic know-your-customer) as part of a move that will benefit…

National Payments Corporation of India (NPCI) has announced the appointment of Vishal Anand Kanvaty as its Chief Technology Officer (CTO). In his earlier role, Vishal was managing the portfolio of Chief Market Innovation at NPCI. Joined in…

Last Updated: April 11, 2023, 08:14 ISTRupay Credit Card UPI Linking At present, a user can transfer a maximum of Rs 1 lakh in a day through UPIThe Reserve Bank of India (RBI) last year allowed the linking of RuPay credit cards to Unified…

The Reserve Bank of India (RBI) is proposing expanding the reach of the popular Unified Payments Interface (UPI) digital payments system by allowing credit to be offered via pre-approved bank lines."This initiative will further encourage…

Every month, over 8 billion transactions are processed free for customers and merchants using bank-accountsUPI merchant transactions via PPI will carry an interchange fee starting April 1 at 1.1 percent of the transaction value for…

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National Payments Corporation of India (NPCI), the governing body of Unified Payment Interface (UPI) - India's prominent digital payment network -  has announced it will be levying Prepaid Payment Instruments (PPI) fees on merchant…