Monday, February 6, 2023

UPI

Paytm Payments Bank supports UPI market cap

Homegrown Paytm Payments Bank Limited (PPBL) on Wednesday said it supports and welcomes the proposed implementation of National Payments Council of India’s (NPCI) UPI market cap. With this, the UPI ecosystem in India will see further growth in a...

RBI allows credit cards to be linkedwith UPI; says banks will decide pricing

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 debit cards connected to savings bank accounts and...

UPI hits record high in April

India’s flagship digital payment platform, Unified Payments Interface (UPI), has started the current financial year (FY23) on a positive note, with 5.58 billon transactions amounting to Rs 9.83 trillion processed in April. This is a record high for the...