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"npci"

  • Users can now check CIBIL score on BHIM app

    The BHIM app will now allow users to check their CIBIL Score and credit report following a tie-up with TransUnion CIBIL. The feature aims to improve financial awareness while maintaining user consent and data privacy
  • No shortage of Rs 10, Rs 20, and Rs 50 bank notes in circulation: Govt

    The government has assured Parliament that there is no shortage of lower-denomination currency notes in circulation, with the RBI supplying hundreds of crores of Rs 10, Rs 20, and Rs 50 notes this financial year.
  • NPCI eKYC SETU Gains Momentum as VIYONA Fintech Emerges as Key Implementation Partner for Lenders

    India’s digital lending sector is witnessing increased adoption of NPCI eKYC SETU for faster, compliant onboarding. VIYONA Fintech is emerging as a key Technology Service Provider, enabling NBFCs and banks to integrate consent-driven eKYC workflows at scale.
  • UPI sets new record in October with Rs 27.28 lakh crore transactions

    Driven by festive spending, UPI transactions hit an all-time high of Rs 27.28 lakh crore in October, up 16 per cent year-on-year, according to NPCI. With 20.7 billion transactions, UPI continues to dominate India’s digital payments landscape and expand globally
  • India Fintech Foundation seeks RBI, government action to curb UPI concentration risk

    Cobrapost has alleged that Anil Ambani’s Reliance Group diverted over Rs 41,900 crore through shell entities and offshore firms. The conglomerate dismissed the charges as an agenda-driven campaign aimed at manipulating stock prices and acquiring its assets cheaply
  • NPCI approves Viyona Fintech as third party UPI app provider

    Viyona Fintech has received NPCI approval to operate as a Third Party Application Provider, enabling it to offer UPI services with partner banks. Through its GRAAMPAY platform and new Farmers Marketplace, Viyona aims to support rural and urban financial inclusion
  • New UPI rules from August 1 to cap balance checks, auto-pay timings and more

    The NPCI will enforce new UPI rules from August 1, limiting balance checks, restricting auto-pay timings, and capping reversal requests. The changes aim to ease network congestion, enhance transaction security, and improve the user experience across payment apps
  • NPCI International adds 13 more banks, widens India-Singapore remittance base

    Recipient in India can receive remittances from Singapore in their accounts through their preferred UPI-enabled apps such as BHIM, Google Pay and PhonePe
  • NPCI, IDRBT join hands to bolster security for digital payments

    NPCI and IDRBT will jointly offer specialised training programmes for technology and cyber security professionals in the banking and digital payments sectors
  • No Merchant Discount Rate will be charged on UPI transactions: Finance Ministry

    Merchant Discount Rate is the cost paid by a merchant to a bank for accepting payment from their customers via digital means. Finance Ministry’s clarification comes following reports that the government is planning to impose MDR on large-ticket UPI transactions
  • BHIM 3.0 now smarter, has these many languages, new features

    The rollout of BHIM 3.0 will take place in phases, with full availability expected by April
  • NPCI extends 30% volume cap deadline for UPI apps for another two years till 2026

    Relief to major players like PhonePe and Google Pay as they hold 80 per cent share in UPI transactions
  • NPCI removes UPI restrictions on WhatsApp Pay

    WhatsApp Pay can now extend UPI services to its entire user base in India
  • Take these precautions to avoid ‘Digital Arrest’: NPCI

    Digital payments are now widely available across the country, propelling India toward a digital-first economy. While they provide both security and convenience, it is essential to use them responsibly and remain vigilant against online scams. Recognizing potential scams early can safeguard you and your loved ones, contributing to a safer and more secure less-cash economy for all.
  • India to introduce UPI payment service in Maldives

    Will have positive impact on archipelago nation's tourism sector, says External Affairs Minister S Jaishankar
  • ‘Golden Hour’ rule to rescue of cyber fraud victims in Hyderabad

    Reporting within 1 to 3 hours increases chances of recovering lost money
  • FASTag KYC deadline ends today, here’s a step-by-step guide to avoid deactivation

    The NHAI's mandate is aimed at making collection process easy at toll plazas and curbing misuse of FASTags as part of the 'One vehicle, One FASTag' initiative.
  • RBI announces more steps for Paytm UPI customers

    According to the central bank's notification, National Payments Corporation of India (NPCI) has been asked to examine the use of UPI channel to allow Paytm to continue operations.
  • RBI asks NPCI to help continue operations of Paytm app

    The central bank has barred Paytm Payments Bank from accepting further credits into its customer accounts and wallets after March 15, 2024.
  • Users of several Banks and UPI-enabled apps face payment failures; netizens complain

    Many took to social media to report that they have been facing issues while making payment via UPI apps like Google Pay, PhonePe and BHIM.
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