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Happy Wednesday! To curb rising fraud, NPCI urges banks and fintechs to stop UPI pull transactions. This and more in today’s ...
A 'collect request' or 'pull transaction' allows a user to request money from another user through UPI. While such ...
The National Payments Corporation of India (NPCI) will discontinue peer-to-peer collect requests on UPI from October 1, to prevent financial fraud.
NPCI is discontinuing recipient-initiated person-to-person digital payments, known as ‘pull’ transactions, via UPI from ...
Indians have been conducting UPI transactions for everyday essentials. From restaurants to groceries to paying bills, Indians ...
In July 2025 alone, Indians tapped, scanned, and clicked their way through 19.47 billion transactions, worth a staggering ₹25 ...
UPI transactions are conducted to pay for groceries, restaurants, mobile network bills, and services stations, gaming apps & ...
A slice-up of transfers via the Unified Payments Interface (UPI) suggests that loan repayments account for nearly 4% of the ₹25 trillion sent across in July via this online platform. Given our app ...
The popular Unified Payments Interface (UPI) faced technical difficulties on Thursday evening. The National Payments ...
UPI has become the go-to mode of transaction for most of us in recent times. Starting August 1, a set of new rules aims to ...
According to Downdetector data, nearly 200 incidents related to UPI were reported during the outage window. Of these, 61% of ...
NPCI was given a significant commercial and operational advantage in its initial years, when independently-run systems like the National Financial Switch, which was developed and operated by ...