The Unified Payment Interface (UPI) will soon have a new feature called “single block, multiple debits”. This will promote more online payments for e-commerce...
THERE is tremendous interest surrounding the launch of e-Rupee. The intent of having India’s own CBDC, or Central Bank Digital Currency, was...
RBI has decided to enhance the mandate of the UPI further from single-block-and-single-debit transactions to single-block-and-multiple-debits functionality. The Monetary Policy Committee (MPC)...
PhonePe, GPay, Paytm UPI: The RBI has said popular retail payments system UPI will soon have a new functionality — single-block-and-multiple-debits. It said...
With several aspects of e-Rupee and how it is different from UPI still not clear to many people, RBI Governor Shaktikanta Das...
The Reserve Bank of India (RBI) on Wednesday said that it would introduce additional features to the existing Unified Payments Interface (UPI)...
RBI Governor Shaktikanta Das on Wednesday raised the repo rate by 35 basis points to 6.25 per cent while maintaining the stance at ‘withdrawal...
New Delhi: The RBI on Wednesday said it has decided to add a feature in the UPI platform to aid payments where delivery...
Reached UPI transaction daily limit, but your transaction money was less than the set transfer limit? National Payments Corporation of India (NPCI)...
If a person has transferred money to wrong UPI ID through platforms like Google Pay, PhonePe or Paytm, then he/ she can...