NPCI has introduced UPI AutoPay feature that allows users to manage recurring payments seamlessly. If you've activated AutoPay for any service, here's how you can stop it.
If you are visiting an area with low connectivity or if you have exhausted your data, you can still make UPI payments. Here's how.
Musk's vision for X is to turn it into a super app, and launching its own payment service would help achieve this goal. An app researcher recently discovered a new 'Payments' option on the platform, suggesting that this feature is in the works.
The potential fees and interest charges can range from 1 per cent to 5 per cent of the transferred amount.
The failed payment issue has persisted for several hours (3-4 hours now) and the users are expressing frustration on the micro-blogging platform, tagging several banks like HDFC, Kotak Mahindra, and more.
PM Narendra Modi and Sri Lankan President Ranil Wickremesinghe signed an agreement in 2023 on Unified Payments Interface acceptance in Sri Lanka during Wickremesinghe's two-day visit to India.
In August, UPI-based payments in India achieved a milestone by surpassing 10 billion monthly transactions for the first time, as reported by the National Payments Corporation of India (NPCI). Monthly transaction counts on UPI reached 10.24 billion, with a net transaction value of Rs 15.18 trillion.
With its ability to facilitate offline transactions, UPI Lite X addresses a critical need for seamless payments in areas with limited connectivity. As the feature undergoes testing, users can anticipate a more inclusive and efficient payment experience soon.
Presently, the UPI ATM is accessible through the BHIM UPI app, with plans to integrate it into other apps like Google Pay, PhonePe, and Paytm.
Autopay is a game-changer for those looking to simplify their bill payments. With its flexibility and ease of use, it ensures that you never miss a payment again.
The amendment reverses a May 16 notification by the ministry which omitted Rule 7 from FEM (CAT) Rules, thereby effectively including forex spend through ICCs under LRS.
The National Payments Corporation of India (NPCI) released UPI Lite to simplify small ticket transactions up to Rs. 200, last year. Now, UPI Lite will be made available on Paytm and PhonePe's applications soon.
The company provides its client with the required hardware which runs their software. It not only accepts all kinds of payments but also gets more customers and helps them upsell to the consumers.
The top scamsters are from Patna, Chandigarh, Kolkata and Meerut for one of the top payment apps (at 15 per cent) and most QR Code scams originate from Assam, accounting for 20 per cent of the total distribution.
DakPay digital payments app has been launched by India Post for Android users. Here's how you can download and start using the UPI based payments app.
Providing the intimation of default in payment obligations, IL&FS Financial Services defaulted on seven such payments beginning October 31 to November 4.
Bengaluru has topped the list of "most digitised cities" accounting for highest card payments in a study conducted by payments solution company Razorpay.
In response to an email query sent by PTI on the issue, Airtel Payments Bank Managing Director and CEO, Anubrata Biswas said that the company will continue to invest in ramping up operations to tap the "enormous opportunity presenting itself".
The government-backed IPPB is set to go live with 650 branches and 3,250 access points across the country on September 1.
IPPB will leverage reach of 1.55 lakh post office branches to provide banking and financial service to people in rural area.
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