Banks failing to comply risk being removed from the Online Mandate Generation System (ONMAGS) system, NPCI said in a circular ...
This partnership allows commuters to travel across Chennai Metro, MTC buses, and Chennai Metro parking facilities using a ...
The NPCI has found that just a few banks have implemented the online Cancel Amend/ Suspend & Revoke (CASR) facility for NACH ...
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The extension comes as a positive change for both PhonePe and Google Pay, which dominate the UPI payments market.
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 ...
"Previously, NPCI had permitted WhatsApp Pay to expand its UPI user base in a phased manner. With this notification, NPCI is ...
NPCI had earlier said that no UPI (unified payments interface) app could account for more than 30% of UPI transaction volumes ...
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, ...
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.