But in the year 2016, Unified Payment Interface i.e. UPI changed the way of transactions. Now whether people have to send money to someone or make a payment for something. People can do this work ...
As UPI transactions rise, so do frauds. From phishing to fake QR codes, here's how scammers operate and key steps to protect ...
This move is part of efforts to ensure the integrity and security of the UPI ecosystem, which has seen tremendous growth in recent years.
All users must be registered on the BHIM app for this feature to work. Currently, UPI Circle is live on the BHIM UPI app, with support from leading banks such as SBI, HDFC Bank, ICICI Bank and ...
UPI has experienced remarkable growth, surpassing 9 Bn monthly transactions in May 2023, with peer-to-merchant payments leading the way UPI's success can be attributed to its instant payment ...
In its latest January 9, 2025 notification, NPCI reaffirmed its stance, stating that from February 1, 2025, any non-compliant transactions will automatically fail if they contain special characters in ...
If you often need to make UPI payments on someone else’s behalf, UPI Circle is a game-changer, offering both convenience and security. DPI is under discussion across the world, with India’s ...
The National Payments Corporation of India (NPCI) will enforce alphanumeric UPI transaction IDs from February 1, 2025, ...