Auto-replenish Your UPI Lite Wallet to Maintain Balace

You will soon get the option to autofill your UPI Lite wallet - ET Wealth

FSS CEO, V Balasubramanian, talks about how this feature will make it easy for UPI Lite customers to maintain their wallet balance.

What ails RBI's wholesale e-rupee pilot? - ET BFSI

So far, the application of e-rupee in government securities remains limited to secondary market transaction settlements. Read more

The rise of real-time payments and the retail revolution - Financial Magnates

Real-time payments aren't a solo act. They thrive on a well-orchestrated collaboration between governments, banks &?fintech companies. Read more

How Visa and Mastercard are bolstering non-card payments - American Banker

Account-to-account payments could cut into card volume, but it could also provide the networks with a way to lock in client relationships.

New RuPay payment mechanism using NFC: Who will benefit from it? - ET Wealth

A silicon sticker powered by RuPay using NFC technology is set to be launched. The sticker can be fixed on any solid surface and requires no internet or power. Read more

RBI & NPCI to start work on expanding UPI to 20 countries by FY29?- The Hindu Business Line

The central bank will also explore multilateral linkages and opportunities for collaboration of fast payment system with EU and SAARC. Read more

Nearly 4 out of 5 digital transactions via UPI, says RBI annual report - Business Standard

The report further added that the Payments Infrastructure Development Fund (PIDF) has aided in the growth of digital payments in the last financial year. Read more

How RBI is looking to curb payment frauds in FY25 - ET BFSI

One of the key measures is the expansion of the Central Payments Fraud Information Registry reporting to create a more comprehensive and robust system. Read more

US payment giant Stripe goes invite-only in India amid evolving regulatory landscape - ET BFSI

The payments firm said that it will only be able to support a certain number of businesses with focus on international expansion. Read more

Factors that allow UPI to be free. But for how much longer? - FSS Knowledge Hub

How does UPI function without charging its users? Let's dive into the factors behind this seemingly costless service. Read more

UPI transactions clock new record in May at Rs 20.45 trillion - Business Standard

NPCI data showed that the May figures were 49%?up in volume and 39%?up in value compared to the same month in 2023.

RBI & payment industry meet to discuss contours of new draft PA guidelines - ET BFSI

The digital payments industry representatives met RBI officials to share their feedback on the recently released draft guidelines for payment aggregators. Read more

97.82% of ?2,000 banknotes returns by May 2024 - ET BFSI

RBI initiated the withdrawal of ?2,000 banknotes to streamline the currency system and manage liquidity more effectively. Read more

RBI to set up Digital Payments Intelligence platform - ET BFSI

RBI has formed a committee to set up a Digital Payments Intelligence platform with the objective of minimizing digital payment frauds.