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  Paytm makes special preparations for Mahakumbh, launches Bhavya Mahakumbh QR

  Technology | January 15, 2025 18:38 IST

  Paytm has implemented various measures to simplify digital payments during the Maha Kumbh. The company has now introduced the Bhavya Mahakumbh QR.

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  UPI users alert: Staggering Rs 485 crore lost to fraud in the first half of 2024-25

  Technology | November 28, 2024 6:49 IST

  With the rise of internet usage, most people now make digital payments. However, in the last six months, there have been about Rs 485 crore in fraud cases involving UPI.

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  RBI increases UPI Lite, UPI 123PAY transaction limits to boost 'digital payments'

  Business | October 09, 2024 11:54 IST

  The Reserve Bank of India (RBI) has raised the transaction limits for UPI Lite and UPI 123PAY, increasing accessibility to digital payments. The UPI Lite limit has risen from Rs 500 to Rs 1,000, while UPI 123PAY limits have doubled to Rs 10,000.

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  Peru becomes first South American country to adopt UPI technology, signs agreement with NPCI

  Business | June 05, 2024 18:50 IST

  Julio Velarde, Governor of the Central Reserve Bank of Peru calls it a significant step towards strengthening and modernising the Peruvian payments system by expanding access to digital payments.

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  RBI issues draft guidelines on payment aggregators | Check details

  Business | April 17, 2024 10:41 IST

  The draft said non-banks providing PA-P services should have a minimum networth of Rs 15 crore at the time of submitting an application to the RBI for authorisation and a minimum networth of Rs 25 crore by March 31, 2028.

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  Amazon Pay receives RBI's nod as payment aggregator: Full list of all authorised online aggregators

  Business | February 28, 2024 14:06 IST

  Amazon Pay, a leading digital payments platform under Amazon India, has received authorisation from the Reserve Bank of India (RBI) to operate as a Payment Aggregator (PA). This accreditation allows Amazon Pay to join a prestigious group of companies, including Zomato, Google Pay, Zoho, and others.

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  UPI fraud ALERT: You may face 4-hour delay for transactions above Rs 2,000 | Check details

  Technology | November 29, 2023 17:08 IST

  At present, a user can send up to Rs 5,000 within a 24-hour period after creating a new UPI account. Once the account is activated, NEFT users have the flexibility to transact a maximum amount of Rs 50,000 within the span of 24 hours, whether in a single transaction or through multiple instalments.

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  Australian Dy PM plays 'gully cricket', relishes Delhi street food and experiences UPI Pay I VIDEO

  World | November 20, 2023 17:13 IST

  Marles, who witnessed the historic India-Australia Cricket World Cup in Narendra Modi Stadium in Ahemadabad, was joined by the 14-18-year-old young cricket players on the stadium premises. Also, he relished several street foods and paid the payment digitally via UPI method.

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  'Amazed': Netherlands PM after making payment through UPI at tea stall on Bengaluru's Church Street

  Trending | September 12, 2023 19:38 IST

  The Netherlands and India have wide-ranging economic ties and over 350 Dutch companies do business here, said Netherlands PM.

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  IDEMIA, Airtel Payments Bank, and HMD Global's initiative for Digital Rupee on feature phones

  Technology | September 07, 2023 12:54 IST

  The collaboration intends to strengthen financial inclusion and digital payments by making it possible to transact in digital currency even without a smartphone or internet connectivity, whether temporarily or due to limited network coverage, as per their joint statement.

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  Apple Pay making headway in India, talks with NPCI underway: Know details

  Technology | June 24, 2023 16:50 IST

  Apple Pay service will enable iPhone users to scan QR codes and make payments using the Unified Payments Interface (UPI), similar to Google Pay, Paytm, PhonePe, and other digital payment apps.

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  UPI to account for 90% of retail digital payments by 2026-27: Report

  Business | May 28, 2023 16:54 IST

  UPI transactions are likely to reach 1 billion per day by 2026-27, accounting for 90 per cent of the retail digital payments in the country, said a PwC India report.

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  Airtel Payments Bank and National Payments Corporation of India collaborates for face authentication

  Technology | May 05, 2023 13:58 IST

  Earlier, It was the Adhaar number by which the transactions were authenticated and the Iris or fingerprint match in the UIDAI records. The new service will enable the user to validate the transaction by taking on face authentication along with the Aadhaar number.

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  Har Payment Digital: RBI launches mission to make every citizen a user of digital payment

  March 06, 2023 21:30 IST

  Reserve Bank of India Governor, Shaktikanta Das, launched the "Har Payment Digital" mission as part of Digital Payments Awareness Week 2023. The goal of the mission is to make every Indian citizen a user of digital payments.

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  Alibaba sells nearly half of its direct stake in Paytm at Rs 535.9 per share

  Business | January 12, 2023 21:22 IST

  Paytm's monthly transacting users (MTU) was up 32 per cent from 64 million in December 2021 to 85 million in December 2022. The Gross Merchandise Value (GMV) processed through the platform saw a 38 per cent growth y-o-y in December to Rs 3.46 lakh crore.

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  76% Indians prefer to make payments through UPI: Know-why

  Technology | November 01, 2022 12:24 IST

  As per the data by the National Payments Corporation of India (NPCI), the volume of transactions rose 85 per cent and value 67.85 per cent year-on-year (YoY). Around 72 per cent of those surveyed said they now consider discounts and offers as the major driver of their buying behaviour.

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  Digital payments record 29 pc annual growth at March-end 2022: RBI data

  Business | July 27, 2022 20:09 IST

  The newly constituted RBI's digital payment index (RBI-DPI) stood at 349.3 in March 2022 against 304.06 in September 2021 and 270.59 per cent in March 2021.

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  Contactless Payments grew by 6 times in India: Know all the benefits

  Technology | June 16, 2022 17:17 IST

  Contactless payments have gone up by more than 6 times, from less than 2.5 per cent in December 2018 to 16 per cent in December 2021, according to a whitepaper by Visa and Worldline India.

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  UPI payment via credit card: How it will work

  June 09, 2022 11:48 IST

  UPI payment via credit card: Till now, only debit cards connected to savings bank accounts and current accounts are allowed to link up to the UPI platform.

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  New age beggar spotted in Bihar, carries QR code placard to receive money in his 'e-wallets'

  India | February 08, 2022 18:47 IST

  A 40-year-old man who asks for alms at Bettiah Railway Station in Bihar gives people options to pay him via digital mode. He also carries a digital tablet with him to check if the payments are received in his e-wallets.