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Paytm led the UPI transaction race in January 2019

Following demonetization by the Modi-led Government and the launch of the digitization drive in the country, more citizens in the country have adopted Unified...

NPCI restricts P2P transactions to 10 per day

The National Payments Corporation of India (NPCI), in a circular, stated that they have decreased the number of peer-to-peer (P2P) transactions that can be...

All UPI-based bank apps to be brought under Bhim app

In a move to further promote the adoption of unified payments interface (UPI), all the Indian banks including, public and private, will soon align...

Government plans to boost its mobile-payment applications in a bid to...

The government of India is aiming to increase the usage of its BHIM (Bharat Interface for Money) and BharatQR mobile-payment applications among retailers in...

All bank accounts to be enabled with netbanking by March 2017

In an internal review meeting conducted by the Ministry, it was decided that banks will be instructed to enable netbanking for all accounts by...