[ad_1] National Payments Corporation of India (NPCI) has released a new circular to deal with handling of deemed approval status in UPI for peer to merchant transactions where acquiring payment service provider (PSP) and merchant bank are the same. In case of peer to merchant (P2M) transaction where merchant bank and acquiring PSP is same,…
[ad_1] The National Payments Corporation of India (NPCI) has rolled out a regime of faster response time of UPI (Unified Payments Interface) transactions. In a recent circular dated April 26, National Payments Corporation of India (NPCI) has announced a set of revised timelines for different category of UPI transactions. For request pay and response pay…
[ad_1] UPI Meta has emerged as a potential game-changer in the digital payments landscape, with the National Payments Corporation of India (NPCI) reportedly exploring this new feature to simplify the online shopping experience. According to anEconomic Times report citing senior government officials, UPI Meta would allow customers to save their UPI ID directly on e-commerce…
[ad_1] India must democratize AI to establish itself as a global leader in artificial intelligence, AI experts deliberated at the Mint AI Summit 2025. They highlighted the need for collaboration across multiple sectors, including public-private partnerships, universities, and scholars. Currently, India lags in AI PhD holders and faces significant infrastructure challenges, particularly in energy supply…
[ad_1] Several new rules for FASTag will be implemented starting Monday, February 17, 2025, aimed at streamlining toll transactions. These changes, as outlined in circulars from the National Payments Corporation of India (NPCI), are designed to enhance the efficiency of toll payments and improve security. Here’s everything you need to know to avoid unnecessary deductions…
[ad_1] Capital markets regulator Securities Exchange Board of India (Sebi) has alluded that the daily transaction limit for capital market transactions is set to be raised to ā¹5 lakh. The daily transaction limit currently stands at ā¹2 lakh. Notably, this is not a final announcement but a part of the Sebiās consultation paper on draft…
[ad_1] Do you often use UPI for making your sundry payments ā whether it is about paying your Uber driver, for online shopping, or to pay for the roadside chai? If that is the case, then you must have noted that your UPI app generates a transaction ID as you transfer the money. These IDs…
[ad_1] Thanks to UPI One World, foreign nationals and non-resident Indians can now make hassle-free payments across India seamlessly. Whether youāre a first-time overseas visitor, an NRI returning to reconnect with home, a health tourist, a student or even if youāre catching up with long-distance friends, UPI One World simplifies your payment needs, allowing you…
[ad_1] Occasionally, individuals may accidentally transfer money to the wrong UPI ID. If you find yourself in this situation, acting quickly is essential. Can you retrieve the funds? You can recover your money with prompt action and the proper steps. Hereās what you need to do: If you accidentally transfer money to the wrong UPI…
[ad_1] Plastic cards are becoming passĆ© with QR (quick response) codes that are scanned by using smartphones becoming the āgo-to thingā for most people who use it to make payments on the UPI (Unified Payments Interface) platform. This digital transformation happened in just about four years. But how about moving on to fingerprints and facial…
