Reserve Bank of India and Nepal Rastra Bank signed and exchanged Terms of Reference for integration of Unified Payments Interface (UPI) of India and National Payments Interface (NPI) of Nepal
The Unified Payments Interface (UPI) has been formally launched at the Eiffel Tower in Paris, the Indian Embassy in France said on Friday
The Payments Council of India (PCI), a representative body of the non-banking payment industry in India, welcomed the RBI's move to enable the issuing of tokens for cards via internet…
RBI governor Shaktikanta Das has said that initiatives have been taken to make feature phones also operate the UPI payment system.
Digital India has propelled a multitude of notable initiatives, yielding extraordinary outcomes across diverse spheres. Foremost among these accomplishments is the laudable feat of ameliorating the urban-rural digital divide.
Aadhaar-based face authentication transactions for service delivery are gaining robust momentum with monthly transactions in May touching an all-time high of 10.6 million
Interchange fee will only be applicable for certain specific transactions, and will be not applicable for bank-to-bank transfers and payments by customers
Navbharat Times journalist Mithilesh Dhar Dubey makes false claim that UPI and digital payments do not work in Gujarat
Responding the media reports claiming that RBI is proposing to impose service charge on UPI, finance ministry said there is no such consideration
123PAY is aimed to fill the gap in digital payment system and include 40 crore feature phones in the digital banking ecosystem.