The National Payments Corporation of India (NPCI) has removed the user cap from WhatsApp Pay. The move now allows the popular ...

Despite receiving approval to add customers in October, Paytm's share of the UPI market has nearly halved, falling from 10 percent at the start of 2024 to just 5.5 percent by the end of the year, said ...

Paytm's monthly transacting users (MTUs) fell from nearly 100 million at the start of 2024 to 68 million by the end of ...

Banks failing to comply risk being removed from the Online Mandate Generation System (ONMAGS) system, NPCI said in a circular ...

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

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

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

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, ...