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Banks give cold shoulder to Rupay, an affordable Indian alternative to Visa and MasterCard.

NPCI issues 64 million RuPay cards, aims to grow international...

RuPay card network issues global cards that run on the Discover Network when used outside India.

7 March 2019 5:25 PM IST

The success of blockchain technology is its power to give a whole new world of transparency while cutting down the unnecessary mediums with its smart contracts.

NPCI mulls using blockchain solution to strengthen digital payments

Promoted by 10 banks in India under the aegis of the IBA, NPCI aims to become the "best payments network globally".

14 April 2019 2:24 PM IST

Digital transactions in October shot up to 965 million transactions, the highest ever so far. (Photo: Pexels)

Digital transactions cross 200 mn milestone on NPCI platform in July

A total of 6.65 crore Indian citizens availed banking services through AePS platform in July, it said.

12 Aug 2019 3:23 PM IST

Currently, the repo operations are of short-term, usually of overnight, wherein banks can borrow money from the RBI at the prevailing repo rate.

RBI publishes draft framework for new payment system

At present, National Payments Corporation of India (NPCI) is an umbrella organisation for retail payments systems.

11 Feb 2020 11:15 AM IST

Along with smartphones, realme is also extending exciting offers on its latest accessories.

realme Payà¤¸à¤¾ collaborates with NPCI and HDFC Bank to conduct UPI...

realme Payà¤¸à¤¾ has gone ahead to ensure that they fulfill the promise of co-creating products with customers.

11 Feb 2020 7:49 AM IST

Payments on UPI in June hit an all-time high. (PTI Photo)

UPI payments hit all-time high of 1.34 billion transactions in June

On a month-on-month basis it registered a 8.94 per cent growth from 1.23 billion in May

2 July 2020 1:05 PM IST

80% of bank accounts and 60% of mobile connections have been linked with Aadhaar, according to a UIDAI official .

16.65 crore PAN, 87.79 crore bank A/c linked to Aadhaar: Govt

Govt has mandated submission of 12-digit unique identity number Aadhaar by every bank account holder by Mar 31, 2018.

9 March 2018 3:29 PM IST

Swiggy Scheduled, users can now place their orders in slots of 30 minutes, a minimum of two hours and maximum of 48 hours in advance. (Photo: ANI)

Swiggy introduces UPI-based payment for delivery fleet

UPI-based solution has already witnessed tremendous adoption by Swiggy's delivery partners.

19 March 2018 2:33 PM IST

Ubers self-driving cars - despite their name - are not capable of driving without active physical control or monitoring

Uber riders can now pay for trips using UPI

Uber launched United Payments Corporation based payments that will enable customers to pay directly from their bank...

24 Aug 2017 3:46 PM IST

UIDAI is the nodal body responsible for rolling out Aadhaar

Aadhaar's payment system allows you to pay with just a fingerprint

The Aadhaar Enabled Payment System is powered by National Payments Corporation of India.

5 Aug 2017 4:29 PM IST

Stiff competition forces BHIM app to consider higher cashbacks

The Bharat Interface for Money (BHIM) app was launched by the Modi government in 2016 and is run by NPCI.

7 Aug 2017 2:18 PM IST

WhatsApps end-to-end encryption relies on the generation of unique security keys, using the Signal protocol that are traded and verified between users to guarantee communications are secure.

WhatsApp gets nod for UPI-based payments service

Popular messaging app has widespread outreach with over 200 million users in country.

11 July 2017 12:10 PM IST