Topics: BHIM

NPCI: Interchange fee up to 1.1% on UPI transactions above Rs 2,000 through PPI

The National Payments Corporation of India (NPCI) which manages and operates the UPI platform has announced that an interchange fee of up to 1.1...

Dilip Asbe to continue as NPCI’s MD & CEO

National Payments Corporation of India (NPCI) has announced the reappointment of Dilip Asbe as Managing Director (MD) and Chief Executive Officer (CEO). In a statement...

Cashfree Payments’ softPOS to turn Android phones into POS machines

Cashfree Payments, India’s leading payments and API banking solutions company, today announced the launch of ‘softPOS’. softPOS is a Point of Sale (POS) solution...
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“Roll back of ZERO MDR – Payments Industry Wishlist for the Union Budget”: PCI

The Payments Council of India (PCI), the largest industry body for the digital payments ecosystem in the country, says that the digital payment industry...

Snapdeal, BOB Financial to launch co-branded Contactless RuPay credit card

Snapdeal has announced its partnership with BOB Financial and NPCI to launch a co-branded contactless RuPay credit card that aims to popularise the adoption...

Why educating on Neobanks is the need of the hour, especially for SMEs

Neobanks is the buzzword in boardroom circuits across traditional banks today as neo-banks threaten to disrupt the way banking has functioned traditionally. Today the...
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Digital payments trends and outlook for 2022

The year 2021 has been remarkable, as the digital payments industry crossed multiple milestones. With over 1.16 billion wireless telecom subscriptions, the world’s second-largest...

Indian Government to provide incentives on Rupay Card and BHIM UPI Transaction

The Government of India has announced its plan to provide an incentive of Rs 1,300 crore to promote digital transactions via BHIM UPI and...

Fintech startup Open rolls out UPI AutoPay feature for small businesses

Fintech startup Open Financial Technologies has announced that "It is rolling out UPI AutoPay feature for its 650000+ small business customers." Open in its statement...
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Paytm records 179 Mn UPI transactions on Oct 18, sees 600% growth in 6 months

Paytm, an India-based online wallet on Friday announced that "The company has seen 600 percent growth in UPI (Unified Payments Interface) transactions. In a blog...

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