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Unified Payments Interface Upi
Business  /  Published 09.06.22

Credit card link to UPI approved

The Reserve Bank on Wednesday allowed credit cards to be linked with the unified payments interface (UPI), which will enable more people to make payments using the popular platform. Till now, only de...
By Our Bureau in Mumbai

Business  /  Published 28.12.21

IndusInd to use UPI for remittances

IndusInd Bank has tied up with the National Payments Corporation of India (NPCI) to offer real-time cross-border remittances by using the UPI IDs of the beneficiaries. The bank is the first lender to ...
By Our Special Correspondent in Mumbai

Business  /  Published 09.12.21

Watch on digital payments

The Reserve Bank of India will  come out with a discussion paper on the reasonableness of charges on transactions through the digital mode. RBI governor Shaktikanta Das said there have been some...
By Our Bureau in Mumbai

Business  /  Published 30.09.21

New auto debit rules tomorrow

With the Reserve Bank of India's (RBI) extended deadline coming to an end, there will be no automatic recurring payment for various services including recharge and utility bill as the additional f...
By Our Bureau, PTI in New Delhi

Business  /  Published 15.09.21

UPI connect with Singapore

India and Singapore are linking their respective fast payment systems — Unified Payments Interface (UPI) and PayNow — in a move that will boost remittances between the two nations. The st...
By Our Special Correspondent in Mumbai

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Business  /  Published 29.06.21

Bajaj Finance e-wallet

Bajaj Finance Ltd has developed a wallet application called Bajaj Pay and is on course to come out with an integrated payment solution for merchants. The non-banking finance company (NBFC) is also de...
By Our Special Correspondent in Mumbai

Business  /  Published 01.04.21

Auto debit rule eased

The Reserve Bank of India (RBI) on Wednesday extended the deadline by six months to September 30 for various stakeholders to comply with its directive on recurring payments made in online transactions...
By Our Special Correspondent in Mumbai

Business  /  Published 29.01.21

Data privacy onus not on RBI

The Reserve Bank of India on Thursday told the Supreme Court that third party applications (TPAP) such as Amazon, Google and WhatsApp, which had been allowed to facilitate UPI payments (unified paymen...
By Our Legal Correspondent in New Delhi

Business  /  Published 06.11.20

WhatsApp: new payment service

WhatsApp on Friday said it is rolling out its payments services in India after receiving nod from the National Payments Corporation of India (NPCI). In 2018, the Facebook-owned company had started te...
By Our Bureau, Agencies in New Delhi

Business  /  Published 01.08.20

RBI denies granting UPI persmission to WhatsApp

The Reserve Bank of India (RBI) has denied in the Supreme Court that it had granted permission to popular messaging service provider WhatsApp “to go live for full scale operations” on the ...
By Our Legal Correspondent in New Delhi


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