Tag "UPI"
Money is still morphing and transforming
For thousands of years the main forms of global monetary exchange were barter and gold. For hundreds of years banking remained static. The same paper notes, paper cheques and your local friendly neighbourhood bank branch. The two big revolutions of
Social Media flux continues
A lot of churn in social media, UPI roars back with records & the billionaires’ space race. Bitcoin’s 414th obituary? (Ep-37, May 21) Crypto flavour of the season (TNTW Ep-37. May 14) PUBG returns in new avatar (Ep-35, May 7)
3 factors transforming the consumer payment experience
Consumer spending patterns evolved significantly during the previous year across all demographics. The real manifestation of cashless, paperless and seamless digital transactions is now led by mobile and internet based payments, thus fueling the growth for digital commerce. Nevertheless, digital
Razorpay integrates UPI into IRCTC website and app
Digital payments company Razorpay has partnered with Indian Railway Catering and Tourism Corporation(IRCTC) to enable users to book tickets through UPI based service, in addition to the credit/debit cards, wallets, and net banking. The move first reported by Economic Times
Google Tez launches utility bill payment option
Google Tez, the UPI (Unified Payments Interface) based app from Google which enables peer-to-peer payments, allowing you to send and receive money from other users of the app has updated the app by adding the option to pay utility bills
Amazon India integrates UPI service on its app
Amazon India has introduced Unified Payments Interface (UPI) as a mode of payment on its app. As of now, the payment method allows transactions up to Rs 10,000 or less on its mobile app and mobile website. The payment option
Soon, book your railway tickets through UPI at booking counters
In order to promote digital payments, Indian Railways has announced to integrate UPI service at all its ticket reservation counters across the country. Ticket buyers can use BHIM app to book tickets. Railway Board Member(Traffic) Mohammad Jamshed said, “We’ll now
Google launches UPI-enabled digital payment app Tez in India
Falling in line with all the recent rumors, Google has unveiled a new mobile wallet in India- Tez to tap into the country’s booming digital payments industry. “Send money home to your family, split a dinner bill with friends, or pay
Uber partners Axis Bank, HDFC Bank for UPI-based payments: Report
Uber has partnered with Axis Bank and HDFC Bank to enable UPI-based payments on its platform, reports Economic Times. The ride-hailing firm is also expected to launch the final phase of UPI integration for all its users today. Uber first integrated UPI on its
NPCI launches video tutorials to assist BHIM users
National Payments Corporation of India (NPCI) has come up with video tutorials for customers who download the BHIM application for UPI based transactions. These videos are aimed at helping new users with introductory steps of using the application, such as
Indus OS partners Yes Bank to be the first to have integrated UPI platform
Indus OS, India’s local mobile operating system has partnered Yes Bank to launch India’s first OS-integrated United Payments Interface (UPI) platform. This means that users will not have to download and store an external app. They can conveniently use the UPI payment
Banks could soon charge transaction fee for UPI payments
While the government is trying to push a cashless economy in the country by promoting UPI payments, looks like public may soon have to pay a fee even for that. Last year, the government launched a free initiative called Unified Payments Interface
Government launches ‘BHIM-Aadhaar Pay’ app to boost digitization wave
In a bid to further boost the digitization wave in the country, the government has launched BHIM-Aadhaar Pay, which allows payment through thumb impression. The new app links the Bharat Interface for Money (BHIM) mobile application with biometric platform Aadhaar, which
WhatsApp could soon support UPI based payments
India has become a hotbed for digital payment companies both local and global in the post-demonetization phase. Not just this, popular social networking platforms too are exploring the digital route to gain more traction. Following in the footsteps of Sweden-based
Paytm is integrating with IndiaStack for UPI and digital lockers
In a bid to offer improved experience to its customers and merchants, Paytm will be integrating its digital payments services with an open-stack platform- IndiaStack that offers technology infrastructure for the UPI, e-sign, digital lockers and electronic customer verification. “We
Jugnoo launches UPI enabled payment solution, Jugnoo Pay
Auto-rickshaw aggregator, Jugnoo is the latest startup to join the PM Narendra Modi’s cashless economy initiative. After months of unsuccessful attempts, Jugnoo has finally announced the launch of Jugnoo Pay, their own payment wallet. And, all it took was a
UPI, NEFT, EMV: A Hall Of Mirrors?
Pratima H INDIA: Juggling is fun. To watch, that is. Unless one has mastered the craft of deftly letting go of one item in the air and precisely catching the other one, it’s not as slick and effortless as it
Cash Kerb-ed. UPI In. A Zugzwang moment?
Pratima H INDIA: Tea-tasting is not for the faint-hearted. Besides a connoisseur’s palate, a sharp nose, and perhaps an endless appetite for swallowing leaves; one needs a particular trait, in liberal doses at that, in order to be a credible,
Yes Bank is all ready to say Yes to UPI
MUMBAI, INDIA: Yes Bank has commenced what it calls, a first-of-its-kind Unified Payments Interface (UPI) services by
