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UPI transactions surpass mobile wallets in September

In September, the number of transactions made through Unified Payments Interface (UPI) has surpassed transactions done through mobile wallets for the first time this...

Whatsapp builds system to store payment data locally, as per RBI’s...

According to a statement released by the Facebook Inc.-owned instant messaging application, Whatsapp, all payment-related data of the application will be stored locally as...

Fund transfer through IMPS rises to Rs.3.23 lakh crore in first...

Data from the National Payments Corporation of India (NPCI) suggest that fund transfer through Immediate Payment Service (IMPS) crossed Rs.3,23 lakh crore in the...

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...

Google plans to launch new digital payment service app in India

Tech giant Google is planning to introduce a digital payment application for the Indian market. Reports say that the payment service named “Tez” will...