This feature will allow policyholders to block funds in their bank accounts for premium payments, ensuring transactions ...
Overpaying or overspending because of the ease and speed of making payments online could be the hidden cost of convenience we ...
IRDAI has allowed a facility of the UPI One Time Mandate to be used by insurers, that allows users to block funds in their ...
Referred to as Bima-ASBA (applications supported by blocked amount), transfer of money from a prospective policyholder to the ...
The regulator in its circular said that "to facilitate smooth transactions of payment of premium, a facility of the Unified ...
UPI dominates India's digital payments, reaching 84% of transactions in FY24. Its growth fuels financial inclusion and ...
Google Pay, a leading UPI (Unified Payments Interface) platform, has begun charging a convenience fee for utility bill ...
Google Pay, the front-runner in the Unified Payments Interface (UPI) game, has started levying a convenience fee for bill ...
The report underscores UPI's transformative impact on businesses and consumers while highlighting the critical infrastructure ...
The UPI feature for facilitating seamless recurring payments has seen transaction volume through Autopay tripling to 175 ...