On March 8, 2022, the Reserve Bank of India (RBI) announced Unified Payments Interface (UPI) services for features phone users as well. Until now, UPI payments were only being accessed by smartphone users. To facilitate the payments system for feature phone users, RBI has launched UPI123Pay. Along with this, RBI launched DigiSaathi, a 24x7 helpline for making digital payments. What Can UPI123Pay... 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
As per the recent development of events, the Reserve Bank of India (RBI) in its latest move, has announced that feature phone users will very soon be able to make UPI payments. The announcement came earlier this week and was made by the RBI Governor Shaktikanta Das stating that digital payments will be allowed for feature payments. In the announcement, it was also stated that the transaction limit on UPI... Read More
PhonePe, one of the top and popular payments platforms, have clarified that it doesn’t charge any money on the UPI transactions. A couple of days back, reports surfaced that PhonePe will start charging money for UPI transactions worth Rs 50 and more. As per an IANS report, Any sort of UPI transaction made through the application will be completely free of cost to the user. However, PhonePe has said that... Read More
WhatsApp Payments, the UPI payment feature was rolled out to the instant messaging platform a few years back and was recalled due to several reasons. Again, it was rolled out to users earlier this year but it failed to get enough traction. Now, in an attempt to gain traction, WhatsApp Payments might follow the footsteps of Google Pay. Reportedly, WhatsApp is intending to give cashbacks to users who send money... Read More
In recent times, Unified Payments Interface or UPI has made it very easy for people to get their monetary transactions done in a breeze. This is applicable for both business and personal transactions since via UPI, it can be done instantly and without additional costs. For those of you unaware, UPI is regulated and governed by the NCPI or National Corporation of India, which had recently announced that certain changes... Read More
The Unified Payments Interface (UPI) system has made the life of Indians very easy. Post the launch of UPI; users didn’t have to worry about recharging their e-wallets time and again. The UPI allowed users to transact directly from their bank accounts to another person’s bank account. According to a PTI report, multiple nations now want to learn from India and replicate the UPI model. Especially in the pandemic, when... Read More
Indians rely heavily on the Unified Payments Interface (UPI) to make real-time online cash transactions for almost anything they purchase today. Be it food bills, grocery shopping, clothes, to making payments online for utilities, Indians have started leveraging UPI to complete the transactions. Now, the UPI, along with other payments modes, including cash and cards, has seen a growth in volume in the first three weeks of June in India.... Read More
Facebook-owned WhatsApp continues to witness poor response for its payments service in India. The National Payments Corporation of India (NPCI) released UPI data for the month of January 2021. PhonePe continues to lead the Unified Payments Interface (UPI) payments market in India with an overall transaction volume of 968.72 million and Rs 1,91,973.77 crore transaction value. Google Pay is second on the list, followed by Paytm Payments Bank App, Axis... Read More
Unified Payments Interface (UPI) system became a very essential part of most peoples lives during 2020. As the economy pushed towards being cashless to support social distancing, the role of UPI apps grew multiple-fold. Things such as paying bills to purchasing subscriptions, people relied on UPI apps for completing the transactions. As per a PTI report, President Ram Nath Kovind said that in the last month of 2020, Indians transacted... Read More
Flipkart-owned PhonePe became the leading UPI application in India during December 2020, overtaking the previous leader Google Pay. According to the data released by NPCI, a total of 207 banks are now live on UPI. NPCI said that a whopping 2,234.16 million transactions accounting for 4,16,176.21 crore took place in December. To recall, UPI recorded 2,210.23 million transactions in November and the same is almost the same in December. However,... Read More
Unified Payments Interface (UPI) has made it very easy for people to transact money with each other. Be it for personal transactions or business transactions, it can be done instantly and without any extra cost. UPI is regulated and governed by the National Payments Corporation of India (NCPI). The regulatory body has made an announcement for a change that will soon come to the UPI apps. The announcement has come... Read More
Have a breaking news, inside story, scoop?
Write to us, your anonymity is our priority at news [at] telecomtalk.info
Want to be featured on TelecomTalk?
Send us your articles, stories, suggestions, feedback at news [at] telecomtalk.info
We should standardized 1Gbps with Wifi 6E atleast in metros and 100Mbps should be norm in rural areas with Wifi…
Mmwave and 5G on every band by Jio 5G atleast. Everywhere.
Yes, Airtel has expanded really fast and Airtel fiber service and 4G service is far better than Jio to be…
Vi harming itself by providing 179 recharge to keep validity. In this way it will not survive. I think investors…
Airtel really expanded fiber network across India much faster after Jio Fiber entry. In our Village Airtel brought service first…
