September 22nd, 2018Google has reportedly updated the privacy policy of its Indian digital payments application Google Pay, days after the homegrown rival Paytm complained that the tech giant's platform allowed disclosure of customer data for advertising and other purposes.
In a letter to the National Payments Corporation of India (NPCI), Paytm...
July 4th, 2018According to the data available with the National Payments Corporation of India (NPCI), India's unified payments interface (UPI) payments received 30 percent growth, over 246 million users in June month.
A total of 246.37 million UPI transactions were conducted in June this year, as against 189.48 million in May 2018, recording the...
June 11th, 2018The well-known messaging app Whatsapp has stated that it shares only limited data of payment service with its owner firm Facebook and the parent company does not utilize the data for the commercial purpose.
The messaging app has been lately working on its payment feature had to postpone the launch due to the ongoing Facebook data...
June 1st, 2018The Ministry of Electronics and IT (MeitY) has issued a fresh letter to National Payments Corporation of India (NPCI) seeking details about the digital payment service of Facebook-owned platform WhatsApp that is due to be formally launched in India this month.
The government body which had earlier sought clarifications from the NPCI...
May 25th, 2018The Indian digital financial service platform, MobiKwik has announced to launch Unified Payments Interface (UPI) on its platform through its own VPA handle called “@ikwik” for making payments unlike the one offered by non-banking entities.
The company has also assured its users about safety being given utmost priority so that...
March 9th, 2017Bharat QR, the world’s first interoperable Quick Response (QR) code acceptance solution, has been developed by Mastercard in collaboration with National Payments Corporation of India (NPCI) and Visa. American Express is also on board to adopt these standards.
The payment solution is expected to revolutionize the payments landscape...
January 3rd, 2017Indigenous digital payments app BHIM has been downloaded 3 million times and enabled over 5 lakh transactions since its launch, Niti Aayog CEO Amitabh Kant said.
In a bid to further push adoption of e-payments in the country, Prime Minister Narendra Modi launched an indigenous digital payments app BHIM that will enable fast and...
