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 (debit…
The National Payments Corporation of India (NPCI) has been expanding UPI’s global footprint since its first international collaboration with Singapore in 2020. Countries that now accept UPI payments include Singapore, the United Arab Emirates, Sri Lanka, Mauritius, Bhutan, Nepal and France. Arun Panicker, a 56-year-old traveler from India, recently experienced this firsthand during a trip…
On the one hand, headlines are filled with concerns about shifting market dynamics, workforce transitions, economic slowdowns, artificial intelligence (AI) agents and geopolitical tech rivalries. On the other hand, the demand for tech talent has never been higher. The reality is clear. Upskilling is no longer just a competitive edge—it is a necessity for professional…
The market regulator has proposed linking trading accounts with SIM cards and making biometric authentication mandatory to enhance security in online trading and protect investors from unauthorized transactions. The Securities and Exchange Board of India (Sebi) acknowledged that with the rapid evolution of technology and the increasing use of web-based and mobile platforms for trading,…
There is no denying the fact that Unified Payment Interface (UPI) has become quite pervasive and it is relied upon for most sundry transactions. In the past few years, most youngsters have switched from debit and credit cards to digital payments via UPI. The latest NPCI data suggests that UPI achieved a new milestone of…
Do you often use UPI for making your sundry payments – 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 are…
A credit card is undoubtedly a powerful weapon in today’s time and age to make online payments. Not only does it offer a great degree of convenience and comfort but gives a number of rewards and cashbacks. Meanwhile, it is important to remember that UPI payments are growing faster than card payments. Payments via UPI touched 2.34 lakh…
Unified Payments Interface (UPI), which has emerged as the world’s most popular alternative payments method (APM), processed transactions to the tune of â‚ą80.8 lakh crore ($964 billion) in April-July 2024, a sharp 37% year-on-year (y-o-y) surge compared to the same timeframe the previous year. Transaction metrics and global comparison UPI processed a staggering 3729.1 transactions…
