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RBI to soon link credit cards to UPI platform | What it means for users

  • "To begin with, the RuPay credit cards will be linked to the UPI platform. This will provide additional convenience to users and enhance the scope of digital payments," Das said.
The linking will begin with RuPay credit cards issued by the RBI-promoted National Payments Corporation of India (NPCI).( HT File Photo)
The linking will begin with RuPay credit cards issued by the RBI-promoted National Payments Corporation of India (NPCI).( HT File Photo)
Published on Jun 08, 2022 01:34 PM IST
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UPI server down, social media flooded with complaints

In March alone, total UPI transactions were recorded over 540 crore of 9.60 lakh crore, as per the NPCI data.
UPI server faces outage for over an hour(File Photo)
UPI server faces outage for over an hour(File Photo)
Updated on Apr 25, 2022 02:21 PM IST
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By | Written by Manjiri Sachin Chitre | Edited by Aniruddha Dhar

Nepal to become first country to deploy India's UPI platform

This collaboration will enable the last-mile consumers in Nepal to reap the benefits of an open interoperable payments system driving immediate payment transfers between bank accounts and merchant payments in real-time.
In 2021, UPI enabled 3,900 crore financial transactions valuing USD 940 billion, which is equivalent to approximately 31 per cent of India's GDP. (Twitter/ @UPI_NPCI)
In 2021, UPI enabled 3,900 crore financial transactions valuing USD 940 billion, which is equivalent to approximately 31 per cent of India's GDP. (Twitter/ @UPI_NPCI)
Published on Feb 18, 2022 07:13 AM IST
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PTI | , New Delhi

UPI servers restored after Google Pay, Paytm users report brief outage

  • National Payments Corporation of India (NPCI) shared an update on social media after users reported an outage that lasted for around an hour.
Several UPI users took to social media platforms to report about the outage as they were facing trouble in making transactions through digital wallets and online payment methods.(File Photo)
Several UPI users took to social media platforms to report about the outage as they were facing trouble in making transactions through digital wallets and online payment methods.(File Photo)
Published on Jan 09, 2022 06:24 PM IST
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Incentive scheme for RuPay debit card, UPI payment gets approval

The Union Cabinet on Wednesday approved an incentive scheme to promote the use of RuPay debit cards and low value BHIM-UPI transactions in the country -- in a move aimed at encouraging more people to adopt digital modes of payment.
The Cabinet approved an incentive scheme to promote the use of RuPay debit cards and low value BHIM-UPI transactions in the country.
The Cabinet approved an incentive scheme to promote the use of RuPay debit cards and low value BHIM-UPI transactions in the country.
Updated on Dec 16, 2021 04:38 AM IST
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By, Hindustan Times, New Delhi
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Wednesday, June 29, 2022