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Srikapardhi May 2nd, 2023 1:09 PM 0 COMMENTS

Airtel Payments Bank to Rollout Face Authentication for Aadhaar-enabled Payment System With NPCI

Airtel Payments Bank has teamed up with the National Payments Corporation of India (NPCI) to introduce Face Authentication for AePS (Aadhaar-enabled Payment System) at its 500,000 banking points. Airtel Payments Bank, the only profitable multi-segment fintech in India with a banking license, is one of the first four banks to offer this technology in India. Also Read: Airtel Payments Bank With 56 Million Customers Will Shine a Lot, Says Sunil... Read More

Bhavya Singh 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

Tanay Singh Thakur 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

Shrijan Soni July 23rd, 2020 7:00 PM 1 COMMENTS

New UPI AutoPay Feature Will Make Recurring Payments Easier

National Payment Corporation of India (NPCI) has rolled out new UPI AutoPay feature in India. The newly launched feature by NPCI was unveiled in a virtual event of Global Fintech Fest, and it will ease the online recurring payments. The demand of making the recurring payments more accessible and more channelized was in the discussion from a long period, and with UPI AutoPay feature, small businesses collecting monthly fees will... Read More

Shrijan Soni May 8th, 2020 3:37 PM 2 COMMENTS

Reliance Jio Likely to Add UPI Payment Apps Inside JioPhones

Reliance Jio is reportedly working with National Payments Corporation of India (NPCI) to bring UPI Apps on JioPhones. Jio has been working on the NPCI infrastructure even before the Facebook deal was finalised. It is expected that working with NPCI will bring UPI apps for all the JioPhone users out there. Also, the move by Jio will encourage people for online payments and broaden the reach of Digital PaymentS in... Read More