Airtel Payments Bank launches ‘Pay to Contacts’ for UPI payments

New Delhi/UNI: Airtel Payments Bank has launched ‘Pay to Contacts’ which allows customers to initiate a UPI payment just by selecting the receiver’s mobile number from their phonebook.

Kotak Mahindra Bank launches payment app for customers

Kolkata/IBNS: Kotak Mahindra Bank (KMBL) Thursday announced the launch of ‘Pay Your Contact’ – an innovative feature on KMBL’s mobile banking app that uses the Unified Payments Interface (UPI) platform and allows customers to send money or make payments to any of their contacts across all payment apps by entering the beneficiary’s mobile number.

NPCI report shows Paytm Payments Bank leads India's beneficiary banks according to March data

Kolkata/IBNS: According to the latest report by the National Payments Corporation of India (NPCI), Paytm Payments Bank Ltd (PPBL) has emerged as the largest beneficiary bank ahead of all major banks in the country.

BharatPe hits new high with 106 million monthly transactions in UPI in Mar 2021

Kolkata/UNI: BharatPe, one of India's fastest-growing fintech companies, has announced that it has achieved a big milestone by clocking 106 million transactions/ month in the UPI QR payments category in March 2021.

Health insurance, micro-pension products to be available soon on WhatsApp

Mumbai/IBNS: Users of messaging app WhatsApp in India will have access to a string of “critical financial and livelihood services” for which talks are going on with leading banks and service providers.

Google Pay and PhonePe most used online payment platform in India

Mumbai/IBNS: Online payment platforms Google Pay and PhonePe managed to grab a lion's share of the unified payments interface (UPI) market in India accounting for 81 per cent market, according to data issued for October by National Payments Corporation of India (NPCI).

Will the new market share cap on UPI apps affect the user experience?

UPI has undoubtedly become the face of a cashless India. The use of this ingenious payment interface has made it possible to make swift and simple digital transactions. So it is hardly a surprise that as many as 2 billion UPI transactions took place in the month of October alone! In the midst of this exponential growth in the UPI industry, the National Payments Corporation of India (NPCI) has made a rather shocking announcement that has ruffled many feathers amongst Third-Party Apps like Google Pay and PhonePe.

WhatsApp's UPI payment service starts in India

Mumbai/IBNS: After years of struggle, Facebook Inc has finally managed to get approval for operating WhatsApp payments in India, starting Friday.

Cinépolis India partners with HSBC India to accept UPI payments across all its 300 screens

Kolkata, Apr 19 (IBNS): In sync with current government’s ‘go-cashless’ and digital economy drive, Cinépolis, India’s first international and world’s fourth-largest movie theatre chain, on Wednesday announced the launch of a Unified Payment Interface (UPI) across all its multiplexes in the country.