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Panic among people during the initial days (of demonetisation) had led customers rushing to banks and deposit their money. (Photo: Representational Image/PTI)

Bug hits Bank of Maharashtra's UPI app, steals Rs 25 cr

Bank says process of recovering money from 19 banks where it was transferred to is on.

31 March 2017 2:16 PM IST

The fact is that a cache of cyber weapons was said to have been stolen from the NSA by the same collective behind the WannaCry ransomware that created the biggest-ever extortion racket to hit the Internet.

IT Ministry contacts RBI, others against Wanna Cry

Wanna Cry ransomware has wrecked havoc across sectors like healthcare and telecoms in more than 100 countries.

15 May 2017 11:28 AM IST

$RJios extension has \added to the industrys woes\ and coupled with the demonetisation exercise, will lead to a revenue dip of 5-7 per cent.$ India

45 users get Rs 1 lakh each under the E-payment reward scheme

Three bumper prizes of 1 crore rupees, Rs 50 lakh and Rs 25 lakh will be announced on April 14.

15 Jan 2017 1:03 PM IST

Pay with NPCI's BHIM app as it hits 16 million download high

BHIM App is a common platform across the nation for making simple, easy and quick payments.

24 July 2017 4:43 PM IST

Indian Overseas Bank has offered Bharat Bill Payment System, introduced by the National Payments Corporation of India.

Indian Overseas Bank offers payment with Bharat Bill Payment System

Services include online payments of electricity, telecommunication, DTH, water and gas bills.

29 July 2017 4:20 PM IST

As per estimates, only 5 per cent Indians use digital payment modes.

RBI gives approval to NPCI to operate Bharat Bill Payment System

Almost after a year of running BBPS on pilot basis, NPCI has now received the final clearance from RBI.

28 July 2017 8:27 PM IST

Mobikwik was among the first companies to launch a mobile wallet in the country in 2009.

In-principle nod given by RBI to set up BBPOU: MobiKwik

BBPS will cover repetitive payments for everyday utility services such as electricity, water, gas, telephone and...

28 Dec 2016 3:07 PM IST

If you are using BHIM, you do not have to maintain a balance with the app as your funds will flow from your bank account.

Aadhaar-based BHIM: India closer to cashless economy

New service will allow customers to make purchases using their Aadhaar number linked with their bank account.

14 April 2017 6:29 PM IST

NPCI, which currently offers RuPay debit cards, has partnered with 10 banks including public sector and cooperative banks.

NPCI to launch RuPay Credit Card in a 'month's time'

RuPay credit card would be offered in 4 variants including a high end card that would offer insurance for upto Rs 10...

16 Jun 2017 9:35 AM IST

Bank customers across the nation have complained that several banks are refusing to accept more than the said amount despite providing detailed explanations. (Photo: PTI/File)

NPCI expects banks would join BHIM by Feb-end

BHIM enables simple, easy and quick payment transactions using Unified Payments Interface.

7 Feb 2017 6:01 PM IST

WhatsApp this week rolled out a beta update for iOS only which allows users to edit and revoke messages.

WhatsApp in talks with SBI, NPCI to add mobile payment system

The system will reportedly function on Unified Payments Interface (UPI), run by National Payments Corporation of India..

24 Jun 2017 3:45 PM IST