Paytm, one of the largest and oldest online payment platforms in India, has said that it is currently the only platform in the country to exclusively offer UPI Lite payments. UPI Lite payments enable faster real-time transactions with just a single tap on the Paytm app. The purpose is to eliminate the need to enter the PIN every time you are trying to buy something. Thus, for low-value transactions, Paytm... Read More
For the most part, UPI has made life simple. The payment method is undoubtedly one of the most popular digital techniques. Due to the simplicity of payment, you might occasionally go over your daily limit. When you use UPI to make a payment, there are numerous apps, banks, and various combinations and permutations at play. The daily limit could be one of the frequent causes of a rejected transaction. The... Read More
Google Pay, PhonePe, Amazon Pay and Paytm are the top platforms for users in India to make online payments through the Unified Payments Interface (UPI) system. UPI opened gateways for Indians to get access to the facility of instant money transfer at no cost to other people. The best thing about UPI is that to transact money through it; users just need a smartphone, an internet connection and a bank... Read More
PhonePe, Gpay or Google Pay, Amazon Pay and Paytm are four of the largest mobile money transfer applications present in India right now. The arrival of the Unified Payments Interface (UPI) gave these payment platforms a new identity in the market. Paytm was already there for a long time, allowing consumers to transfer money from wallet to wallet. However, UPI came and allowed users to transfer money into the bank... Read More
The Unified Payments Interface (UPI) and other digital payment systems have totally changed how we do transactions. UPI has become widely used in India by everyone, from street vendors to large retail chains. They have eliminated the need to use cash in most cases by enabling a user to instantly scan a QR code and transfer the right amount immediately to a bank account. Even though UPI is a secure... Read More
Over the past few months, CRED and WhatsApp Pay have been among the top gainers, in terms of UPI transaction volume and value, given their rapid development based on rewarding users with cashback. WhatsApp Pay recorded the largest increase in transaction value in November 2022, increasing by 8.6% to Rs 769.29 Cr from Rs 708.56 Cr, while CRED's transaction value decreased by 8.2% to Rs 18,599.72 Cr from Rs 20,259.70... Read More
The Unified Payments Interface (UPI), which was launched by the National Payments Corporation of India (NPCI) a few years ago, has significantly improved our standard of living. UPI has made bank-to-bank money transfers simple and secure, enabling everything from purchasing veggies from roadside vendors to sending money to friends and relatives. However, the government has restricted the number of transactions per day due to accessibility. A person may use UPI... Read More
Receivers previously had to have a Unified Payments Interface (UPI) ID registered on the Paytm app in order to receive mobile money transfers. Through all UPI payment apps, Paytm now enables its users to send money via UPI transactions to any mobile number. Paytm customers can transfer UPI payments to any UPI-registered cellphone number, even if the recipient doesn't have a Paytm account, according to a statement made by the... Read More
Paytm, a nationwide renowned payments app, is now charging a convenience fee from the users when they recharge with any prepaid plan from its platform. A convenience fee means that the total cost of the plan would increase. The company will be charging a convenience fee only with the prepaid plans that cost Rs 100 or more. Further, the recharges for which the users are paying through online methods such... Read More
India’s one of the largest online payments platforms, Paytm, is now available for Twitter users to tip others. The Tips feature on Twitter is not something new. It is only that the integration of Paytm has happened recently. Users can pay through Bitcoin, Ethereum, Patreon, Razorpay, and now Paytm as well. Users can tap on the tips feature on the Twitter accounts which have enabled the feature, and it will... Read More
Paytm, one of the biggest online payments and wallets applications in India, has been offering recharge offers for ages to its users. Now, the company has yet again rolled out new prepaid recharge offers for customers wherein they can get up to Rs 1000 cashback on recharging with a prepaid plan from any of the telecom operators in India, including Bharat Sanchar Nigam Limited (BSNL), Bharti Airtel, Vodafone Idea (Vi),... Read More
Mobile wallets have brought a new revolution to India, be it Paytm, PhonePe, Google Pay or Mobikwik; all of them have been key in reducing the dependency on physical cash, reducing the need to carry a lot of cash. It seems that the ability to transfer cash to one's digital wallet is about to become much easier after an announcement from the RBI. As per the Reserve Bank of India... Read More
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