NEW DELHI: The Competition Commission of India (CCI) ordered a detailed investigation against the Internet giant on Monday Google for alleged unfair commercial practices with respect to Google payment as much as Google playpayment system. Google Pay is a popular digital payments platform, while Google Play is the app store …
Read More »News highlights of November 8, 2020
The headlines of the main news of the day and more. Mr. Goswami was transferred to Taloja Prison along with Feroz Shaikh and Nitesh Sarda after their quarantine period in Alibaug ended. Raigad’s local crime branch inspector Jamil Shaikh said that Mr. Goswami was found to be using a mobile …
Read More »WhatsApp Pay, UPI’s double hit limit for payment companies
A day after the National Payments Corporation of India (NPCI) announced a 30% market capitalization for digital payments companies in UPI, market leader Google Pay said it could affect further UPI adoption in the country. The cap comes at a time when WhatsApp Pay launched in India on Friday after …
Read More »UPI transaction limit for Google Pay, WhatsApp Pay, PhonePe, and others, but should you be concerned?
The digital payments space in India, specifically UPI payments services, is about to undergo a major restructuring. The National Payments Corporation of India (NPCI) has made it official that a new limit will apply as of January 1, 2021 requiring that no third party application provider (TPAP) can exceed more …
Read More »Here’s how to set up WhatsApp Pay, make payments, and more
The digital payments space in India is about to get a bit more exciting, with WhatsApp Pay finally implemented for WhatsApp now available for iPhone and WhatsApp for Android users in India. Of course, you will need to have the latest version of WhatsApp installed on your phone for the …
Read More »WhatsApp Pay finally gets a go-ahead to launch with 20 million users
BENGALURU: After being stuck in beta mode for more than two and a half years, the popular messaging platform WhatsApp has the regulatory approval to launch the Unified payment interface (UPI) on a ‘graduated’ basis where you can expand to a maximum of 20 million users initially. Until now, it …
Read More »NPCI Announces 30 Percent Limit For Third Party UPI Apps Like Google Pay, PhonePe
The National Payments Corporation of India (NPCI) has set a 30% limit on the total volume of UPI transactions processed by third party application providers (TPA), which will take effect from January 2021. UPI, The unified payments interface has surpassed two billion transactions, according to the NPCI, and TPAs such …
Read More »Google Pay is still unavailable on iPhone and there are no in-app warnings about potential payment issues
The Google Pay digital payments app is not yet available to Apple iPhone users in India. The Google Pay app, formerly known as Google Tez, was not listed on the Apple App Store yesterday and is not yet available. Google confirmed yesterday that the app wasn’t on the list to …
Read More »Paytm says it did nothing illegal, accuses Google of ‘twisting its arm’
New Delhi, September 20 () The rules of the global internet giant Google’s Play store forced Paytm to reverse a UPI money-back campaign that is legal in India, digital payments company Paytm said on Sunday. The company in a blog claimed that it went ahead to remove its campaign, while …
Read More »Banks are required to reimburse fees charged by UPI, digital payments after January 1
In a move to encourage digital payments in the country, the Central Board of Direct Taxes (CBDT) said that banks cannot charge any additional fees for transactions made through electronic modes as of January 1, 2020. ” .. according to section 10A of the Payment and Settlement Systems Act of …
Read More »