SBI Card enables RuPay Credit Cards on UPI
New Delhi: SBI Card, India’s largest pure-play credit card issuer, and National Payments Corporation of India (NPCI) have announced the linking of SBI credit cards on the RuPay platform with UPI.
India's UPI to be available in Sri Lanka soon
New Delhi: India's instant payment technology Unified Payments Interface (UPI) will now be used in Sri Lanka.
Central banks of India, UAE agree to link UPI systems, card payments
Abu Dhabi: The Central banks of India and UAE on Saturday inked agreements in Abu Dhabi to set up a framework for cross-border transactions in local currencies and interlinking of payment and messaging systems.
UPI transactions to account for India's 90% of retail digital transactions: RBI
Mumbai: The Unified Payments Interface (UPI) is projected to contribute to 90 percent of retail digital transactions volume in the coming five years, according to the Reserve Bank of India (RBI) bulletin.
Mumbai: The withdrawal of 2000 rupee note is likely to be a non-event as digital payment in India has been witnessing new milestones, in both value and volume terms, indicating the robustness of our payment ecosystem and acceptance by a wide stratum of consumers, according to an SBI report.
IT minister Ashwini Vaishnaw welcomes Japan's interest in joining India's UPI
New Delhi/Tokyo: Union minister Ashwini Vaishnaw on Friday welcomed Japan's interest in joining India’s Unified Payments Interface (UPI) payment system.
Axis Bank enables RuPay Credit Card support on UPI
Mumbai: India’s third largest private sector lender Axis Bank on Monday announced that it has successfully enabled RuPay Credit Card support on UPI.
ICICI Bank introduces auto recharge on FASTag through UPI mandate
Mumbai/IBNS: ICICI Bank today announced that it has enabled FASTag auto recharge through Unified Payments Interface (UPI) mandate.
UPI emerges as the second most preferred repayment method for digital loans: CASHe Report
Kolkata: UPI emerged as the second most preferred repayment method after e-NACH for borrowers on CASHe, a credit-led, AI-driven financial wellness platform.
SBI launches BHIM SBIPay for Singapore-India fund transfers after UPI-PayNow linkage
Mumbai/IBNS: The State Bank of India (SBI), India’s largest lender, will facilitate funds transfer to Singapore through its SBI's BHIM SBIPay mobile application, the bank said on Wednesday.
Axis Bank enables settlement of cross border transactions in real-time through UPI network
New Delhi: Private bank lender Axis Bank on Tuesday said it has successfully enabled cross-border transactions in real-time via the UPI Network.
HDFC Bank RuPay Credit Cards now live on UPI
Mumbai/IBNS: HDFC Bank and National Payments Corporation of India (NPCI) Thursday said the bank's customers will be able to use their RuPay Credit Card on UPI with BHIM App and other UPI-enabled apps.
NPCI allows NRIs from 10 nations without Indian phone nos. to use UPI facility
New Delhi/IBNS: Non Resident Indians (NRIs) from 10 countries, who hold NRE or NRO accounts, will be able to use Unified Payments Interface (UPI) platforms with their international mobile numbers.
Cabinet approves incentives for RuPay Debit Cards and low-value BHIM-UPI transactions (P2M)
New Delhi/IBNS: The Union Cabinet Wednesday approved the incentive scheme for the promotion of RuPay Debit Cards and low-value BHIM-UPI transactions (person-to-merchant) for a period of one year from April 2022.
UPI transactions witnesses 650 pct rise at semi-urban and rural stores: PayNearby
New Delhi: PayNearby,a branchless banking and digital network,on Tuesday said that there was a growth of 25 percent and 14 percent in value and volume respectively, in assisted financial transactions across semi-urban and rural retail counters in India in 2022.