WhatsApp Pay gets NPCI nod to onboard 100 million users
The current limit on WhatsApp Pay user base in India still remains way below the total number of subscribers the messaging application has in the country.
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April 2022
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December 2021
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July 2021
Coinbase firm on India plans amid UPI doubts
Coinbase closed UPI payments for Indian users, three days after launching the service following a comment by NPCI on the matter.
No card needed; withdraw cash at ATMs via UPI soon
The RBI proposes interoperability in cardless cash withdrawal for all banks using UPI; the main idea behind allowing cardless transactions is to help curb frauds associated with cards
SEBI allows UPI bids up to ₹5 lakh for public issues
NPCI had confirmed that the more than 80% of self-certified syndicate banks (SCSBs), sponsor banks and UPI apps have conducted the required system changes.
Challenges to RBI ambition of net commerce on feature phones
Even after providing the technology, whether the target population will use it or not may emerge as a major concern.
UPI transactions surge 86% to $844 bn
Payment solution sees sharp rise in usage in CY21 against ₹893 crore seen in 2016, the year of its launch.
RBI proposes UPI for feature phones. All you want to know
Plans to raise the UPI transaction limits for the Retail Direct Scheme from Rs 2 lakh to Rs 5 lakh.
UPI surges; now 51% of digital transactions in India
Financial inclusion: Kerala tops the list with a score of 90.9; Bihar ranks at the bottom with 38.5.
Stopping the ‘wear and tear’ on the Indian rupee
Why eRUPI and an easy digital money transfer scheme with Singapore is showing us how far fintech can go, and what it can achieve in India.
The digital rediscovery of India
More than any other governmental initiative, it is the thrust on Digital India that has given the country a new vocabulary of oneness.
