The NPCI has found that just a few banks have implemented the online Cancel Amend/ Suspend & Revoke (CASR) facility for NACH ...

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 ...

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, ...

With this, RuPay on-the-go would enable multi-modal ticket payment across Chennai Metro, MTC buses and Chennai Metro parking ...

NPCI extends deadline for UPI app volume cap compliance to December 2026, benefiting major players like Google Pay.

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

NPCI extends UPI market cap deadline, lifting restrictions on WhatsApp Pay, impacting competition and growth in the payments ...

The National Payments Corporation of India has extended the cap on volumes processed by Unified Payments Interface ...

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

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