TheNewsClues
Clues by Admin • 9 Nov 2018, Friday
Speaking on the second anniversary of demonetization, Finance minister Arun Jaitley said on Thursday Mastercard and Visa were losing market share to domestic payments networks like Rupay card and Unified Payment Interface (UPI). Jaitley said in his Facebook post that ... Continue Reading
Read More at Livemint
Clues by Admin • 3 Oct 2018, Wednesday
Monthly transactions through the unified payments interface (UPI) crossed the 400-million mark for the first time in September, data released by the National Payments Corporation of India (NPCI) showed today. 405.87million UPI transactions amounting to Rs 59,835.36 crore were carried out ... Continue Reading
Read More at Livemint
Clues by Admin • 17 Aug 2018, Friday
RBI Governor, Urjit Patel, NPCI adviser Nandan Nilekani and SBI chairman Rajnish Kumar on Thursday launched the upgraded version of Unified Payments Interface, UPI 2.0 developed by the National Payments Corporation of India (NPCI).  The latest version of UPI, has ... Continue Reading
Read More at Times Now
Clues by Admin • 16 Aug 2018, Thursday
The updated version of UPI commonly known as UPI 2.0 is set to be launched by the National Payments Corp of India today at an event in Mumbai. RBI Governor Urjit Patel along with SBI chairman Rajnish Kumar and Nandan ... Continue Reading
Read More at The Economic Times
Clues by Admin • 30 Jul 2018, Monday
The Securities and Exchange Board of India (SEBI) has proposed allowing retail investors to use the unified payments interface (UPI) while bidding for shares in an initial public offer (IPO) to reduce the public issue timeline from the current T+6 ... Continue Reading
Read More at The Hindu
Clues by Admin • 12 Jul 2018, Thursday
The Securities and Exchange Board of India (SEBI) is planning to introduce an alternative payment mechanism in initial public offers (IPOs) for retail investors, to reduce paper workload for intermediaries and speed up IPO listing. SEBI intends to allow the ... Continue Reading
Read More at The Economic Times
Clues by Admin • 3 Jul 2018, Tuesday
Monthly transactions through the unified payments interface (UPI) jumped by 30% in June to cross the 200 million mark for the first time, show data released on Monday by the National Payments Corporation of India. Under the UPI, 246.37 million transactions amounting to ... Continue Reading
Read More at Livemint
Clues by Admin • 14 Jun 2018, Thursday
Truecaller, owned by True Software Scandinavia AB, on Wednesday acquired Mumbai-based mobile payments start-up Chillr (Backwater Technologies Pvt Ltd) for an undisclosed amount. This is Truecaller’s first ever acquisition in the India market, according to a company statement. ... Continue Reading
Read More at Livemint
Clues by Admin • 5 Jun 2018, Tuesday
Government’s thrust on UPI-based payments has tripled the share of digital payments to 7% as a percentage of GDP from 2.5% three years ago. “The whole thrust of the government, banks, regulator on banks is actually paying off. Everything ... Continue Reading
Read More at The Financial Express
Clues by Admin • 24 May 2018, Thursday
Digital wallet application MobiKwik has rolled out Unified Payments Interface (UPI) on its platform through its own virtual payment handle @ikwik. The app will provide access to UPI payments to its existing merchant base of 3 million. It will also ... Continue Reading
Read More at The Economic Times
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