The National Payments Corporation of India (NPCI) has given relief to companies like PhonePe and GooglePay operating UPI apps ...

The initiative, called ‘Netbanking 2.0’, is currently being piloted with 10 banks, including most large private and public sector banks, two mid-sized private banks and one small finance bank, ...

In a relief to major players like PhonePe and Google Pay, NPCI has extended the deadline for implementing a 30 per cent ...

The National Payments Corporation of India (NPCI) has lifted the UPI user onboarding limit for WhatsApp Pay. This essentially ...

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The extension comes as a positive change for both PhonePe and Google Pay, which dominate the UPI payments market.

NPCI had earlier said that no UPI (unified payments interface) app could account for more than 30% of UPI transaction volumes ...

"Previously, NPCI had permitted WhatsApp Pay to expand its UPI user base in a phased manner. With this notification, NPCI is ...

Transactions through the popular Unified Payments Interface (UPI) touched a record 16.73 billion in December, recording a ...

Earlier WhatsApp could provide UPI services to up to 100 million users. India is the biggest market for WhatsApp with 500 ...

This extension provides significant relief to market leaders PhonePe and Google Pay, which dominate UPI transactions in India ...

The NPCI has removed the user cap on WhatsApp Pay, allowing the platform to onboard its entire 500 million users onto UPI.