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

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 ...

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

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 ...

“Considering various factors, the timeline for compliance of existing third party application providers (TPAPs) who are ...

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

The National Payments Corporation of India (NPCI) has extended a deadline for enforcing a 30 per cent transaction volume cap ...

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

This decision enables WhatsApp Pay to offer UPI services to its entire user base of over 500 million in the country.

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