December 3rd, 2022 6:34 PM 0 COMMENTS

UPI Transactions Cap Deadline Extended for UPI Platforms in India

The Unified Payments Interface (UPI) is operated by the National Payments Corporation of India (NPCI) and is utilised for real-time payments between peers or at the point of sale by businesses. A single third-party app will now be limited to handling no more than 30% of the total volume of UPI transactions, according to NPCI's announcement from November 2020. The cap was scheduled to go into effect on January 1,... Read More

November 23rd, 2022 9:13 PM 0 COMMENTS

UPI Apps in India Might Restrict Your Transactions to a Limit

It appears that Google Pay and other Unified Payments Interface (UPI) payment apps will soon no longer allow users in India to conduct an unlimited number of transactions. The National Payments Corporation of India (NPCI), which is in charge of the UPI digital system, is collaborating with the Reserve Bank to put into effect its suggested December 31 deadline for lowering the volume cap for third-party app providers, according to... Read More

November 12th, 2022 10:43 PM 0 COMMENTS

WhatsApp New Feature: Check Credit Score for Free

A data analytics company called Experian India has launched a programme to enable free credit score checks via WhatsApp for Indian consumers. This is the first time a credit agency in India has made such a service available via messaging. A quick, safe, and practical way to acquire credit reports is provided by this new project. Customers can use this to track abnormalities, rapidly spot fraud, and rebuild their credit... Read More

November 5th, 2022 6:41 PM 4 COMMENTS

Flipkart Axis Bank Super Elite Credit Card Launched: Check Benefits, Eligibility

A new credit card from Flipkart and Axis Bank has been made available to the online retailer's Indian customers. The e-commerce behemoth has unveiled the Flipkart Axis Bank Super Elite credit card, which can be used for both on and off-Flipkart purchases. Customers can earn SuperCoins, which can be used for extra deals and discounts, after every transaction through Flipkart's rewards programme. Customers who choose the new Super Elite card... Read More

November 4th, 2022 11:19 PM 0 COMMENTS

Sipcot IT Park’s Chennai 1, a 17 Mw Data Centre, Launched by AdaniConneX

The launch of the Chennai 1 hyperscale data centre campus at Sipcot IT Park in Chennai, India, has been announced by AdaniConneX, a joint venture between Adani Enterprises and EdgeConneX. The campus provides 17 megawatts (IT Load) in Phase 1 and scales up to 33 Mw at full capacity. First pre-certified IGBC Platinum Rated data centre in Tamil Nadu is located on the Chennai 1 site. In order to give... Read More

September 20th, 2022 8:49 AM 0 COMMENTS

How Airtel Wallet Money can be Transferred to Bank Account

In the past few years, the digital payment industry has experienced tremendous growth. We have made great strides in the area of digital payments, from the introduction of UPI apps like BHIM, Google Pay, Airtel Thanks, PhonePe, and others to the integration of these apps and wallets at different payment checkpoints. One such digital wallet that enables instantaneous online transactions and payments is the Airtel Wallet app. We'll talk about... Read More

September 12th, 2022 8:50 PM 17 COMMENTS

TRAI Lists Jio, Airtel, Vi, BSNL, MTNL Plans with 30 Days Validity

The Telecom Regulatory Authority of India (TRAI) has listed all the prepaid plans of Jio, Airtel, Vi (Vodafone Idea), Bharat Sanchar Nigam Limited (BSNL), and MTNL (Mahanagar Telephone Nigam Limited), which come with a 30 days service validity. In addition to this, the regulatory body has also listed the plans which have the same recharge date every month. TRAI acknowledged the concerns of the customers about the absence of a... Read More

July 11th, 2022 5:15 PM 1 COMMENTS

WhatsApp Pay Registers Big Growth in UPI Transactions in June 2022

WhatsApp Pay, a tool inside WhatsApp mobile application for the users to send money to each other via UPI’s platform, has registered a big growth in the volume of transactions and the amount transacted in June 2022. Since the start of the year, WhatsApp’s growth in the UPI space has been negligible. The growth curve was mostly flat for both the volume of transactions as well as the amount transacted.... Read More

April 27th, 2022 6:18 PM 0 COMMENTS

WhatsApp to Offer Monetary Benefits to Users in India for Using Payments on App

WhatsApp is planning to offer monetary benefits in the form of cashbacks to users to lure new customers into using its payments platform. At the same time, the social media giant is also testing it for merchant payments. This will enable WhatsApp to compete with its rivals, such as Google and PhonePe, which have a major market share in processing the volume of UPI transactions in India. Much recently, the... Read More

April 14th, 2022 3:47 PM 8 COMMENTS

WhatsApp Pay Growing in India, Can Now Increase User Base to 100 Million

WhatsApp Pay is growing rapidly in India. WhatsApp, a major social media platform, is used by millions of Indians. A while back, this Meta owned texting app had introduced an online payments feature using the UPI system such as the likes of PhonePe and Google Pay. The National Payments Corporation of India (NPCI) has now allowed WhatsApp to increase its user base from an earlier cap of 40 million to... Read More

February 28th, 2022 9:54 AM 8 COMMENTS

BSNL Reducing Price of Prepaid Plans for Mobile App Recharges

Bharat Sanchar Nigam Limited (BSNL) is reducing the price of prepaid plans for customers who are recharging through its mobile app - Selfcare. BSNL launched the Selfcare mobile app a few months back, and it looks much like the mobile app of Vodafone Idea (Vi). The telco said that until March 31, 2022, it would offer a 4% discount to users' prepaid plans recharged through the Selfcare app. Note that... Read More

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